RØRLEGGERMESTER OLE J. KRISTIANSEN AS

1626 MANSTAD

Finances

Return on Equity

40,4 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020
Revenue	2 897 000	4 216 000	3 458 000
Net Income	202 000	248 000	20 000
Total Assets	1 312 000	1 246 000	685 000
Total Equity	500 000	298 000	50 000

Income (NOK)	2022	2021	2020
Revenue	2 897 000	4 216 000	3 458 000
Expenditure	2 636 000	3 887 000	3 425 000
Operating Profit	261 000	330 000	33 000
Financial Income	11 000	6 000	0
Financial Costs	12 000	20 000	13 000
Financial Balance	−1 000	−14 000	−13 000
Earnings Before Tax	259 000	316 000	21 000
Tax	57 000	68 000	1 000
Net Income	202 000	248 000	20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	201 000	243 000	90 000
Total Current Assets	1 111 000	1 003 000	595 000
Total Assets	1 312 000	1 246 000	685 000
Total Retained Equity	470 000	268 000	20 000
Total Equity	500 000	298 000	50 000
Total Long-Term Debt	152 000	198 000	141 000
Total Current Debt	660 000	750 000	494 000
Total Equity and Debt	1 312 000	1 246 000	685 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 833 000	3 948 000	3 458 000
Other Income	64 000	268 000	0
Revenue	2 897 000	4 216 000	3 458 000
Cost of Goods Sold	1 799 000	3 112 000	2 592 000
Salary Costs	564 000	530 000	612 000
Depreciation	43 000	25 000	22 000
Impairment	0	0	0
Expenditure	2 636 000	3 887 000	3 425 000
Operating Profit	261 000	330 000	33 000
Financial Income	11 000	6 000	0
Financial Costs	12 000	20 000	13 000
Financial Balance	−1 000	−14 000	−13 000
Dividends	0	0	0
Net Income	202 000	248 000	20 000

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	146 000	188 000	90 000
Total Tangible Assets	146 000	188 000	90 000
Total Fiancial Fixed Assets	55 000	55 000	0
Total Fixed Assets	201 000	243 000	90 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	292 000	345 000	231 000
Total Current Assets	1 111 000	1 003 000	595 000
Total Assets	1 312 000	1 246 000	685 000
Total Equity	500 000	298 000	50 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	152 000	198 000	141 000
Creditors	457 000	496 000	308 000
Unpaid Taxes	80 000	96 000	131 000
Dividends	0	0	0
Other Current Debt	57 000	103 000	55 000
Total Current Debt	660 000	750 000	494 000
Total Equity and Debt	1 312 000	1 246 000	685 000

Financial indicators	2022	2021	2020
Return on Equity	40,4 %	83,22 %	40 %
Debt-to-Equity Ratio	0,3	0,66	2,82
Operating Profit Margin	9,01 %	7,83 %	0,95 %
Current Ratio	1,68	1,34	1,2
Quick Ratio	1,68	1,34	1,2
Equity Ratio	0,38	0,24	0,07
Gross Profit Margin	37,9 %	26,19 %	25,04 %