PORSGRUNN RØRLEGGERFORRETNING AS

3917 PORSGRUNN

Finances

Return on Equity

14,23 %

Current Ratio

3,19

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 272 000	35 853 000	40 194 000	51 451 000
Net Income	1 961 000	−387 000	1 160 000	4 236 000
Total Assets	19 861 000	18 622 000	21 555 000	22 921 000
Total Equity	13 776 000	11 815 000	12 201 000	12 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 272 000	35 853 000	40 194 000	51 451 000
Expenditure	39 897 000	36 431 000	38 768 000	46 257 000
Operating Profit	2 376 000	−578 000	1 426 000	5 193 000
Financial Income	155 000	455 000	70 000	256 000
Financial Costs	7 000	292 000	7 000	5 000
Financial Balance	148 000	163 000	63 000	251 000
Earnings Before Tax	2 524 000	−415 000	1 489 000	5 444 000
Tax	563 000	−28 000	329 000	1 208 000
Net Income	1 961 000	−387 000	1 160 000	4 236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	884 000	1 369 000	1 837 000	1 393 000
Total Current Assets	18 978 000	17 253 000	19 718 000	21 528 000
Total Assets	19 861 000	18 622 000	21 555 000	22 921 000
Total Retained Equity	13 526 000	11 565 000	11 951 000	11 791 000
Total Equity	13 776 000	11 815 000	12 201 000	12 041 000
Total Long-Term Debt	131 000	1 839 000	2 087 000	2 120 000
Total Current Debt	5 954 000	4 968 000	7 267 000	8 759 000
Total Equity and Debt	19 861 000	18 622 000	21 555 000	22 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 272 000	35 853 000	40 194 000	51 451 000
Other Income	0	0	0	0
Revenue	42 272 000	35 853 000	40 194 000	51 451 000
Cost of Goods Sold	17 900 000	16 042 000	18 791 000	25 640 000
Salary Costs	14 695 000	14 312 000	14 487 000	15 118 000
Depreciation	349 000	251 000	219 000	139 000
Impairment	0	0	0	0
Expenditure	39 897 000	36 431 000	38 768 000	46 257 000
Operating Profit	2 376 000	−578 000	1 426 000	5 193 000
Financial Income	155 000	455 000	70 000	256 000
Financial Costs	7 000	292 000	7 000	5 000
Financial Balance	148 000	163 000	63 000	251 000
Dividends	0	0	1 000 000	3 000 000
Net Income	1 961 000	−387 000	1 160 000	4 236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	147 000	528 000	501 000	573 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	436 000	539 000	734 000	217 000
Total Tangible Assets	436 000	539 000	734 000	217 000
Total Fiancial Fixed Assets	301 000	301 000	603 000	603 000
Total Fixed Assets	884 000	1 369 000	1 837 000	1 393 000
Stock	5 102 000	3 706 000	4 215 000	2 772 000
Total Investments	1 398 000	1 263 000	1 233 000	1 188 000
Cash, Bank	3 971 000	5 764 000	6 507 000	9 866 000
Total Current Assets	18 978 000	17 253 000	19 718 000	21 528 000
Total Assets	19 861 000	18 622 000	21 555 000	22 921 000
Total Equity	13 776 000	11 815 000	12 201 000	12 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	131 000	1 839 000	2 087 000	2 120 000
Creditors	2 012 000	1 356 000	2 027 000	1 718 000
Unpaid Taxes	1 968 000	1 853 000	2 289 000	2 240 000
Dividends	0	0	1 000 000	3 000 000
Other Current Debt	1 793 000	1 759 000	1 693 000	1 594 000
Total Current Debt	5 954 000	4 968 000	7 267 000	8 759 000
Total Equity and Debt	19 861 000	18 622 000	21 555 000	22 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,23 %	−3,28 %	9,51 %	35,18 %
Debt-to-Equity Ratio	0,01	0,16	0,17	0,18
Operating Profit Margin	5,62 %	−1,61 %	3,55 %	10,09 %
Current Ratio	3,19	3,47	2,71	2,46
Quick Ratio	22,27	13,67	6,46	3,6
Equity Ratio	0,69	0,63	0,57	0,53
Gross Profit Margin	57,66 %	55,26 %	53,25 %	50,17 %