RØRTEC AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

410,6 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 060 000	18 299 000	14 470 000	2 004 000
Net Income	5 075 000	3 232 000	3 133 000	677 000
Total Assets	6 060 000	7 016 000	7 132 000	887 000
Total Equity	1 236 000	500 000	3 726 000	593 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 060 000	18 299 000	14 470 000	2 004 000
Expenditure	13 555 000	14 128 000	10 642 000	2 000 000
Operating Profit	6 504 000	4 171 000	3 827 000	5 000
Financial Income	46 000	0	0	700 000
Financial Costs	3 000	2 000	5 000	28 000
Financial Balance	43 000	−2 000	−5 000	672 000
Earnings Before Tax	6 548 000	4 169 000	3 822 000	677 000
Tax	1 473 000	937 000	689 000	0
Net Income	5 075 000	3 232 000	3 133 000	677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	330 000	549 000	842 000	61 000
Total Current Assets	5 730 000	6 467 000	6 290 000	827 000
Total Assets	6 060 000	7 016 000	7 132 000	887 000
Total Retained Equity	736 000	0	3 226 000	93 000
Total Equity	1 236 000	500 000	3 726 000	593 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 823 000	6 516 000	3 407 000	295 000
Total Equity and Debt	6 060 000	7 016 000	7 132 000	887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 887 000	18 299 000	14 470 000	1 677 000
Other Income	172 000	0	0	327 000
Revenue	20 060 000	18 299 000	14 470 000	2 004 000
Cost of Goods Sold	10 089 000	10 880 000	7 475 000	718 000
Salary Costs	2 040 000	1 842 000	1 762 000	772 000
Depreciation	141 000	293 000	335 000	29 000
Impairment	0	0	0	0
Expenditure	13 555 000	14 128 000	10 642 000	2 000 000
Operating Profit	6 504 000	4 171 000	3 827 000	5 000
Financial Income	46 000	0	0	700 000
Financial Costs	3 000	2 000	5 000	28 000
Financial Balance	43 000	−2 000	−5 000	672 000
Dividends	4 339 000	0	0	0
Net Income	5 075 000	3 232 000	3 133 000	677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	7 000
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	502 000	0
Fixtures	330 000	549 000	340 000	54 000
Total Tangible Assets	330 000	549 000	842 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	330 000	549 000	842 000	61 000
Stock	68 000	68 000	160 000	84 000
Total Investments	0	0	0	0
Cash, Bank	1 137 000	2 602 000	3 014 000	1 000
Total Current Assets	5 730 000	6 467 000	6 290 000	827 000
Total Assets	6 060 000	7 016 000	7 132 000	887 000
Total Equity	1 236 000	500 000	3 726 000	593 000
Short-Term Group Debt	0	3 473 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 127 000	1 321 000	728 000	5 000
Unpaid Taxes	613 000	394 000	469 000	53 000
Dividends	4 339 000	0	0	0
Other Current Debt	610 000	390 000	1 520 000	120 000
Total Current Debt	4 823 000	6 516 000	3 407 000	295 000
Total Equity and Debt	6 060 000	7 016 000	7 132 000	887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	410,6 %	646,4 %	84,08 %	114,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,42 %	22,79 %	26,45 %	0,25 %
Current Ratio	1,19	0,99	1,85	2,8
Quick Ratio	1,21	1	1,94	3,92
Equity Ratio	0,2	0,07	0,52	0,67
Gross Profit Margin	49,71 %	40,54 %	48,34 %	64,17 %