RØRLEGGER MODALEN AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

130,41 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	2 275 000	1 466 000	661 000
Net Income	223 000	−138 000	−7 000
Total Assets	825 000	246 000	52 000
Total Equity	171 000	−53 000	23 000

Income (NOK)	2021	2020	2019
Revenue	2 275 000	1 466 000	661 000
Expenditure	2 006 000	1 596 000	668 000
Operating Profit	270 000	−130 000	−7 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	267 000	−131 000	−7 000
Tax	44 000	7 000	0
Net Income	223 000	−138 000	−7 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	69 000	49 000	0
Total Current Assets	756 000	197 000	52 000
Total Assets	825 000	246 000	52 000
Total Retained Equity	141 000	−83 000	−7 000
Total Equity	171 000	−53 000	23 000
Total Long-Term Debt	0	0	0
Total Current Debt	654 000	299 000	29 000
Total Equity and Debt	825 000	246 000	52 000

Cash flow (NOK)	2021	2020	2019
Sales Income	2 275 000	1 465 000	661 000
Other Income	0	1 000	0
Revenue	2 275 000	1 466 000	661 000
Cost of Goods Sold	1 093 000	820 000	267 000
Salary Costs	472 000	386 000	281 000
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	2 006 000	1 596 000	668 000
Operating Profit	270 000	−130 000	−7 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	0	0	0
Net Income	223 000	−138 000	−7 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	30 000	0	0
Total Tangible Assets	30 000	0	0
Total Fiancial Fixed Assets	39 000	49 000	0
Total Fixed Assets	69 000	49 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	210 000	85 000	0
Total Current Assets	756 000	197 000	52 000
Total Assets	825 000	246 000	52 000
Total Equity	171 000	−53 000	23 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	269 000	167 000	29 000
Unpaid Taxes	122 000	33 000	0
Dividends	0	0	0
Other Current Debt	220 000	91 000	0
Total Current Debt	654 000	299 000	29 000
Total Equity and Debt	825 000	246 000	52 000

Financial indicators	2021	2020	2019
Return on Equity	130,41 %	260,38 %	−30,43 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	11,87 %	−8,87 %	−1,06 %
Current Ratio	1,16	0,66	1,79
Quick Ratio	1,16	0,66	1,79
Equity Ratio	0,21	−0,22	0,44
Gross Profit Margin	51,96 %	44,07 %	59,61 %