NZ RØRSERVICE AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

29,96 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 410 000	3 805 000	2 091 000	2 488 000
Net Income	169 000	320 000	−14 000	309 000
Total Assets	1 699 000	1 379 000	610 000	936 000
Total Equity	564 000	395 000	325 000	339 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 410 000	3 805 000	2 091 000	2 488 000
Expenditure	5 193 000	3 401 000	2 105 000	2 092 000
Operating Profit	217 000	405 000	−15 000	397 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	216 000	405 000	−16 000	396 000
Tax	48 000	84 000	−1 000	87 000
Net Income	169 000	320 000	−14 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	318 000	94 000	126 000
Total Current Assets	1 398 000	1 061 000	516 000	811 000
Total Assets	1 699 000	1 379 000	610 000	936 000
Total Retained Equity	534 000	365 000	295 000	309 000
Total Equity	564 000	395 000	325 000	339 000
Total Long-Term Debt	5 000	7 000	0	1 000
Total Current Debt	1 130 000	976 000	285 000	596 000
Total Equity and Debt	1 699 000	1 379 000	610 000	936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 410 000	3 805 000	2 091 000	2 488 000
Other Income	0	0	0	0
Revenue	5 410 000	3 805 000	2 091 000	2 488 000
Cost of Goods Sold	2 364 000	1 586 000	882 000	1 011 000
Salary Costs	2 205 000	1 371 000	1 008 000	846 000
Depreciation	92 000	60 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	5 193 000	3 401 000	2 105 000	2 092 000
Operating Profit	217 000	405 000	−15 000	397 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	250 000	0	0
Net Income	169 000	320 000	−14 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	301 000	318 000	94 000	126 000
Total Tangible Assets	301 000	318 000	94 000	126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	318 000	94 000	126 000
Stock	13 000	9 000	6 000	0
Total Investments	0	0	0	0
Cash, Bank	767 000	789 000	410 000	664 000
Total Current Assets	1 398 000	1 061 000	516 000	811 000
Total Assets	1 699 000	1 379 000	610 000	936 000
Total Equity	564 000	395 000	325 000	339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	7 000	0	1 000
Creditors	583 000	260 000	71 000	90 000
Unpaid Taxes	296 000	260 000	121 000	174 000
Dividends	0	250 000	0	0
Other Current Debt	202 000	126 000	93 000	246 000
Total Current Debt	1 130 000	976 000	285 000	596 000
Total Equity and Debt	1 699 000	1 379 000	610 000	936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,96 %	81,01 %	−4,31 %	91,15 %
Debt-to-Equity Ratio	0,01	0,02	0	0
Operating Profit Margin	4,01 %	10,64 %	−0,72 %	15,96 %
Current Ratio	1,24	1,09	1,81	1,36
Quick Ratio	1,25	1,1	1,85	1,36
Equity Ratio	0,33	0,29	0,53	0,36
Gross Profit Margin	56,3 %	58,32 %	57,82 %	59,36 %