RØRLEGGER1 NARVIK AS

8520 ANKENES

Finances

Share Ownership

Return on Equity

0,9 %

Current Ratio

−10

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	987 000	2 564 000	2 043 000
Net Income	6 000	74 000	559 000
Total Assets	625 000	934 000	792 000
Total Equity	669 000	663 000	589 000

Income (NOK)	2022	2021	2020
Revenue	987 000	2 564 000	2 043 000
Expenditure	979 000	2 467 000	1 478 000
Operating Profit	10 000	97 000	565 000
Financial Income	0	0	0
Financial Costs	0	2 000	6 000
Financial Balance	0	−2 000	−6 000
Earnings Before Tax	9 000	95 000	559 000
Tax	3 000	21 000	0
Net Income	6 000	74 000	559 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	175 000	26 000	0
Total Current Assets	450 000	908 000	792 000
Total Assets	625 000	934 000	792 000
Total Retained Equity	639 000	633 000	559 000
Total Equity	669 000	663 000	589 000
Total Long-Term Debt	1 000	−36 000	−23 000
Total Current Debt	−45 000	307 000	227 000
Total Equity and Debt	625 000	934 000	792 000

Cash flow (NOK)	2022	2021	2020
Sales Income	987 000	2 564 000	2 026 000
Other Income	0	0	17 000
Revenue	987 000	2 564 000	2 043 000
Cost of Goods Sold	398 000	1 479 000	842 000
Salary Costs	425 000	833 000	548 000
Depreciation	14 000	2 000	0
Impairment	0	0	0
Expenditure	979 000	2 467 000	1 478 000
Operating Profit	10 000	97 000	565 000
Financial Income	0	0	0
Financial Costs	0	2 000	6 000
Financial Balance	0	−2 000	−6 000
Dividends	0	0	0
Net Income	6 000	74 000	559 000

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	45 000	26 000	0
Total Tangible Assets	45 000	26 000	0
Total Fiancial Fixed Assets	130 000	0	0
Total Fixed Assets	175 000	26 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	235 000	701 000	474 000
Total Current Assets	450 000	908 000	792 000
Total Assets	625 000	934 000	792 000
Total Equity	669 000	663 000	589 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	−36 000	−23 000
Creditors	53 000	128 000	43 000
Unpaid Taxes	49 000	155 000	125 000
Dividends	0	0	0
Other Current Debt	76 000	127 000	59 000
Total Current Debt	−45 000	307 000	227 000
Total Equity and Debt	625 000	934 000	792 000

Financial indicators	2022	2021	2020
Return on Equity	0,9 %	11,16 %	94,91 %
Debt-to-Equity Ratio	0	−0,05	−0,04
Operating Profit Margin	1,01 %	3,78 %	27,66 %
Current Ratio	−10	2,96	3,49
Quick Ratio	−10	2,96	3,49
Equity Ratio	1,07	0,71	0,74
Gross Profit Margin	59,68 %	42,32 %	58,79 %