ROYAL RØRLEGGER SERVICE AS

0680 OSLO

Finances

Return on Equity

160,22 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 271 000	2 368 000	3 397 000
Net Income	−439 000	−373 000	508 000
Total Assets	513 000	503 000	1 128 000
Total Equity	−274 000	165 000	538 000

Income (NOK)	2022	2021	2020
Revenue	2 271 000	2 368 000	3 397 000
Expenditure	2 700 000	2 713 000	2 746 000
Operating Profit	−428 000	−345 000	652 000
Financial Income	0	1 000	0
Financial Costs	11 000	33 000	0
Financial Balance	−11 000	−32 000	0
Earnings Before Tax	−439 000	−377 000	651 000
Tax	0	−4 000	143 000
Net Income	−439 000	−373 000	508 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	53 000	20 000	20 000
Total Current Assets	460 000	483 000	1 108 000
Total Assets	513 000	503 000	1 128 000
Total Retained Equity	−304 000	135 000	508 000
Total Equity	−274 000	165 000	538 000
Total Long-Term Debt	0	0	4 000
Total Current Debt	787 000	337 000	585 000
Total Equity and Debt	513 000	503 000	1 128 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 271 000	2 340 000	3 394 000
Other Income	0	28 000	2 000
Revenue	2 271 000	2 368 000	3 397 000
Cost of Goods Sold	860 000	1 251 000	1 850 000
Salary Costs	1 412 000	1 018 000	677 000
Depreciation	17 000	0	0
Impairment	0	0	0
Expenditure	2 700 000	2 713 000	2 746 000
Operating Profit	−428 000	−345 000	652 000
Financial Income	0	1 000	0
Financial Costs	11 000	33 000	0
Financial Balance	−11 000	−32 000	0
Dividends	0	0	0
Net Income	−439 000	−373 000	508 000

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	33 000	0	0
Total Tangible Assets	33 000	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	53 000	20 000	20 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	97 000	34 000	56 000
Total Current Assets	460 000	483 000	1 108 000
Total Assets	513 000	503 000	1 128 000
Total Equity	−274 000	165 000	538 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	4 000
Creditors	271 000	209 000	266 000
Unpaid Taxes	255 000	43 000	119 000
Dividends	0	0	0
Other Current Debt	261 000	86 000	61 000
Total Current Debt	787 000	337 000	585 000
Total Equity and Debt	513 000	503 000	1 128 000

Financial indicators	2022	2021	2020
Return on Equity	160,22 %	−226,06 %	94,42 %
Debt-to-Equity Ratio	−0	0	0,01
Operating Profit Margin	−18,85 %	−14,57 %	19,19 %
Current Ratio	0,58	1,43	1,89
Quick Ratio	0,58	1,43	1,89
Equity Ratio	−0,53	0,33	0,48
Gross Profit Margin	62,13 %	47,17 %	45,54 %