ELLINGS RØRSERVICE AS

1187 OSLO

Finances

Share Ownership

Return on Equity

69,21 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 245 000	1 176 000	827 000
Net Income	290 000	64 000	35 000
Total Assets	855 000	273 000	141 000
Total Equity	419 000	129 000	65 000

Income (NOK)	2022	2021	2020
Revenue	1 245 000	1 176 000	827 000
Expenditure	878 000	1 091 000	781 000
Operating Profit	368 000	85 000	46 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	368 000	85 000	46 000
Tax	78 000	21 000	10 000
Net Income	290 000	64 000	35 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	41 000	15 000
Total Current Assets	855 000	232 000	126 000
Total Assets	855 000	273 000	141 000
Total Retained Equity	389 000	99 000	35 000
Total Equity	419 000	129 000	65 000
Total Long-Term Debt	0	0	0
Total Current Debt	436 000	144 000	76 000
Total Equity and Debt	855 000	273 000	141 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 245 000	1 142 000	827 000
Other Income	0	34 000	0
Revenue	1 245 000	1 176 000	827 000
Cost of Goods Sold	0	0	0
Salary Costs	822 000	963 000	708 000
Depreciation	0	15 000	5 000
Impairment	0	0	0
Expenditure	878 000	1 091 000	781 000
Operating Profit	368 000	85 000	46 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	290 000	64 000	35 000

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	0	0	15 000
Total Tangible Assets	0	0	15 000
Total Fiancial Fixed Assets	0	41 000	0
Total Fixed Assets	0	41 000	15 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	662 000	232 000	126 000
Total Current Assets	855 000	232 000	126 000
Total Assets	855 000	273 000	141 000
Total Equity	419 000	129 000	65 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	10 000	3 000
Unpaid Taxes	357 000	113 000	63 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	436 000	144 000	76 000
Total Equity and Debt	855 000	273 000	141 000

Financial indicators	2022	2021	2020
Return on Equity	69,21 %	49,61 %	53,85 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	29,56 %	7,23 %	5,56 %
Current Ratio	1,96	1,61	1,66
Quick Ratio	1,96	1,61	1,66
Equity Ratio	0,49	0,47	0,46
Gross Profit Margin	100 %	100 %	100 %