INDUSTRIRØR & GASS AS

1723 SARPSBORG

Finances

Return on Equity

67,8 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020
Revenue	2 789 000	2 757 000	551 000
Net Income	417 000	448 000	25 000
Total Assets	1 535 000	1 730 000	595 000
Total Equity	615 000	298 000	50 000

Income (NOK)	2022	2021	2020
Revenue	2 789 000	2 757 000	551 000
Expenditure	2 237 000	2 164 000	508 000
Operating Profit	552 000	593 000	43 000
Financial Income	3 000	1 000	0
Financial Costs	20 000	18 000	11 000
Financial Balance	−17 000	−17 000	−11 000
Earnings Before Tax	535 000	576 000	31 000
Tax	118 000	127 000	6 000
Net Income	417 000	448 000	25 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	523 000	284 000	358 000
Total Current Assets	1 012 000	1 445 000	237 000
Total Assets	1 535 000	1 730 000	595 000
Total Retained Equity	585 000	268 000	20 000
Total Equity	615 000	298 000	50 000
Total Long-Term Debt	398 000	327 000	369 000
Total Current Debt	522 000	1 104 000	177 000
Total Equity and Debt	1 535 000	1 730 000	595 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 734 000	2 757 000	551 000
Other Income	56 000	0	0
Revenue	2 789 000	2 757 000	551 000
Cost of Goods Sold	1 185 000	1 110 000	176 000
Salary Costs	754 000	710 000	192 000
Depreciation	42 000	74 000	31 000
Impairment	0	0	0
Expenditure	2 237 000	2 164 000	508 000
Operating Profit	552 000	593 000	43 000
Financial Income	3 000	1 000	0
Financial Costs	20 000	18 000	11 000
Financial Balance	−17 000	−17 000	−11 000
Dividends	100 000	200 000	0
Net Income	417 000	448 000	25 000

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	503 000	264 000	338 000
Total Tangible Assets	503 000	264 000	338 000
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	523 000	284 000	358 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	632 000	736 000	90 000
Total Current Assets	1 012 000	1 445 000	237 000
Total Assets	1 535 000	1 730 000	595 000
Total Equity	615 000	298 000	50 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	398 000	327 000	369 000
Creditors	105 000	655 000	60 000
Unpaid Taxes	154 000	48 000	87 000
Dividends	100 000	200 000	0
Other Current Debt	70 000	79 000	30 000
Total Current Debt	522 000	1 104 000	177 000
Total Equity and Debt	1 535 000	1 730 000	595 000

Financial indicators	2022	2021	2020
Return on Equity	67,8 %	150,34 %	50 %
Debt-to-Equity Ratio	0,65	1,1	7,38
Operating Profit Margin	19,79 %	21,51 %	7,8 %
Current Ratio	1,94	1,31	1,34
Quick Ratio	1,94	1,31	1,34
Equity Ratio	0,4	0,17	0,08
Gross Profit Margin	57,51 %	59,74 %	68,06 %