TEKNISK RØRSERVICE AS

0671 OSLO

Finances

Share Ownership

Return on Equity

43,23 %

Current Ratio

3,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 234 000	5 583 000	6 483 000	5 472 000
Net Income	1 226 000	1 095 000	1 595 000	1 547 000
Total Assets	3 990 000	3 000 000	5 521 000	3 221 000
Total Equity	2 836 000	1 838 000	742 000	1 647 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 234 000	5 583 000	6 483 000	5 472 000
Expenditure	3 664 000	4 182 000	4 438 000	3 474 000
Operating Profit	1 570 000	1 402 000	2 045 000	1 998 000
Financial Income	2 000	3 000	4 000	11 000
Financial Costs	1 000	1 000	3 000	24 000
Financial Balance	1 000	2 000	1 000	−13 000
Earnings Before Tax	1 572 000	1 404 000	2 047 000	1 985 000
Tax	346 000	309 000	452 000	438 000
Net Income	1 226 000	1 095 000	1 595 000	1 547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	630 000	1 195 000	1 628 000
Total Current Assets	3 699 000	2 369 000	4 325 000	1 593 000
Total Assets	3 990 000	3 000 000	5 521 000	3 221 000
Total Retained Equity	2 736 000	1 738 000	642 000	1 547 000
Total Equity	2 836 000	1 838 000	742 000	1 647 000
Total Long-Term Debt	0	0	788 000	826 000
Total Current Debt	1 155 000	1 162 000	3 990 000	748 000
Total Equity and Debt	3 990 000	3 000 000	5 521 000	3 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 234 000	5 512 000	6 458 000	5 472 000
Other Income	0	71 000	25 000	0
Revenue	5 234 000	5 583 000	6 483 000	5 472 000
Cost of Goods Sold	1 452 000	1 799 000	1 947 000	1 495 000
Salary Costs	1 402 000	1 427 000	1 619 000	1 307 000
Depreciation	388 000	438 000	438 000	250 000
Impairment	0	0	0	0
Expenditure	3 664 000	4 182 000	4 438 000	3 474 000
Operating Profit	1 570 000	1 402 000	2 045 000	1 998 000
Financial Income	2 000	3 000	4 000	11 000
Financial Costs	1 000	1 000	3 000	24 000
Financial Balance	1 000	2 000	1 000	−13 000
Dividends	0	0	2 500 000	0
Net Income	1 226 000	1 095 000	1 595 000	1 547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	200 000	400 000	600 000	800 000
Total Intangible Assets	291 000	441 000	605 000	800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	188 000	426 000	663 000
Total Tangible Assets	0	188 000	426 000	663 000
Total Fiancial Fixed Assets	1 000	1 000	165 000	165 000
Total Fixed Assets	292 000	630 000	1 195 000	1 628 000
Stock	0	0	0	0
Total Investments	20 000	20 000	20 000	20 000
Cash, Bank	600 000	752 000	3 548 000	1 454 000
Total Current Assets	3 699 000	2 369 000	4 325 000	1 593 000
Total Assets	3 990 000	3 000 000	5 521 000	3 221 000
Total Equity	2 836 000	1 838 000	742 000	1 647 000
Short-Term Group Debt	292 000	200 000	0	0
Total Long-Term Debt	0	0	788 000	826 000
Creditors	78 000	71 000	112 000	19 000
Unpaid Taxes	324 000	395 000	554 000	160 000
Dividends	0	0	2 500 000	0
Other Current Debt	130 000	150 000	342 000	157 000
Total Current Debt	1 155 000	1 162 000	3 990 000	748 000
Total Equity and Debt	3 990 000	3 000 000	5 521 000	3 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,23 %	59,58 %	214,96 %	93,93 %
Debt-to-Equity Ratio	0	0	1,06	0,5
Operating Profit Margin	30 %	25,11 %	31,54 %	36,51 %
Current Ratio	3,2	2,04	1,08	2,13
Quick Ratio	3,2	2,04	1,08	2,13
Equity Ratio	0,71	0,61	0,13	0,51
Gross Profit Margin	72,26 %	67,78 %	69,97 %	72,68 %