VIKEN RØRSERVICE AS

3018 DRAMMEN

Finances

Return on Equity

26,25 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 183 000	1 778 000	1 958 000
Net Income	268 000	130 000	593 000
Total Assets	1 610 000	946 000	973 000
Total Equity	1 021 000	753 000	623 000

Income (NOK)	2022	2021	2020
Revenue	2 183 000	1 778 000	1 958 000
Expenditure	1 854 000	1 623 000	1 242 000
Operating Profit	330 000	155 000	715 000
Financial Income	11 000	9 000	35 000
Financial Costs	0	0	0
Financial Balance	11 000	9 000	35 000
Earnings Before Tax	341 000	164 000	751 000
Tax	73 000	34 000	157 000
Net Income	268 000	130 000	593 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	255 000	305 000	204 000
Total Current Assets	1 355 000	641 000	769 000
Total Assets	1 610 000	946 000	973 000
Total Retained Equity	991 000	723 000	593 000
Total Equity	1 021 000	753 000	623 000
Total Long-Term Debt	1 000	1 000	0
Total Current Debt	588 000	193 000	350 000
Total Equity and Debt	1 610 000	946 000	973 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 183 000	1 772 000	1 958 000
Other Income	0	6 000	0
Revenue	2 183 000	1 778 000	1 958 000
Cost of Goods Sold	753 000	656 000	761 000
Salary Costs	844 000	690 000	268 000
Depreciation	51 000	67 000	36 000
Impairment	0	0	0
Expenditure	1 854 000	1 623 000	1 242 000
Operating Profit	330 000	155 000	715 000
Financial Income	11 000	9 000	35 000
Financial Costs	0	0	0
Financial Balance	11 000	9 000	35 000
Dividends	0	0	0
Net Income	268 000	130 000	593 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	162 000	213 000	114 000
Total Tangible Assets	162 000	213 000	114 000
Total Fiancial Fixed Assets	93 000	92 000	90 000
Total Fixed Assets	255 000	305 000	204 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 217 000	605 000	732 000
Total Current Assets	1 355 000	641 000	769 000
Total Assets	1 610 000	946 000	973 000
Total Equity	1 021 000	753 000	623 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	0
Creditors	249 000	21 000	10 000
Unpaid Taxes	163 000	65 000	154 000
Dividends	0	0	0
Other Current Debt	103 000	74 000	29 000
Total Current Debt	588 000	193 000	350 000
Total Equity and Debt	1 610 000	946 000	973 000

Financial indicators	2022	2021	2020
Return on Equity	26,25 %	17,26 %	95,18 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	15,12 %	8,72 %	36,52 %
Current Ratio	2,3	3,32	2,2
Quick Ratio	2,3	3,32	2,2
Equity Ratio	0,63	0,8	0,64
Gross Profit Margin	65,51 %	63,1 %	61,13 %