RØRLEGGERMESTER HELGE FLØYSAND AS

5107 SALHUS

Finances

Return on Equity

21,91 %

Current Ratio

2,36

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	3 029 000	2 672 000	2 771 000
Net Income	202 000	428 000	261 000
Total Assets	1 442 000	1 164 000	1 039 000
Total Equity	922 000	719 000	291 000

Income (NOK)	2022	2021	2020
Revenue	3 029 000	2 672 000	2 771 000
Expenditure	2 771 000	2 124 000	2 427 000
Operating Profit	259 000	549 000	344 000
Financial Income	1 000	0	3 000
Financial Costs	0	0	13 000
Financial Balance	1 000	0	−10 000
Earnings Before Tax	259 000	549 000	335 000
Tax	57 000	121 000	74 000
Net Income	202 000	428 000	261 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	275 000	340 000	405 000
Total Current Assets	1 167 000	824 000	634 000
Total Assets	1 442 000	1 164 000	1 039 000
Total Retained Equity	892 000	689 000	261 000
Total Equity	922 000	719 000	291 000
Total Long-Term Debt	26 000	31 000	33 000
Total Current Debt	494 000	414 000	715 000
Total Equity and Debt	1 442 000	1 164 000	1 039 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 029 000	2 672 000	2 764 000
Other Income	0	0	7 000
Revenue	3 029 000	2 672 000	2 771 000
Cost of Goods Sold	1 389 000	935 000	1 029 000
Salary Costs	926 000	790 000	985 000
Depreciation	65 000	65 000	70 000
Impairment	0	0	0
Expenditure	2 771 000	2 124 000	2 427 000
Operating Profit	259 000	549 000	344 000
Financial Income	1 000	0	3 000
Financial Costs	0	0	13 000
Financial Balance	1 000	0	−10 000
Dividends	0	0	0
Net Income	202 000	428 000	261 000

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	255 000	320 000	385 000
Total Tangible Assets	255 000	320 000	385 000
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	275 000	340 000	405 000
Stock	24 000	117 000	19 000
Total Investments	0	0	0
Cash, Bank	856 000	645 000	455 000
Total Current Assets	1 167 000	824 000	634 000
Total Assets	1 442 000	1 164 000	1 039 000
Total Equity	922 000	719 000	291 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 000	31 000	33 000
Creditors	97 000	−28 000	−1 000
Unpaid Taxes	175 000	175 000	136 000
Dividends	0	0	0
Other Current Debt	161 000	144 000	508 000
Total Current Debt	494 000	414 000	715 000
Total Equity and Debt	1 442 000	1 164 000	1 039 000

Financial indicators	2022	2021	2020
Return on Equity	21,91 %	59,53 %	89,69 %
Debt-to-Equity Ratio	0,03	0,04	0,11
Operating Profit Margin	8,55 %	20,55 %	12,41 %
Current Ratio	2,36	1,99	0,89
Quick Ratio	2,48	2,77	0,91
Equity Ratio	0,64	0,62	0,28
Gross Profit Margin	54,14 %	65,01 %	62,87 %