RØRENTREPRENØRENE NORGE - VEST SA

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

4,29 %

Current Ratio

6,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 734 000	2 638 000	2 578 000
Net Income	228 000	162 000	274 000	129 000
Total Assets	6 268 000	5 810 000	5 652 000	5 422 000
Total Equity	5 312 000	5 084 000	4 922 000	4 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 734 000	2 638 000	2 578 000
Expenditure	2 404 000	2 514 000	2 298 000	2 403 000
Operating Profit	282 000	220 000	340 000	175 000
Financial Income	41 000	11 000	24 000	28 000
Financial Costs	0	0	2 000	2 000
Financial Balance	41 000	11 000	22 000	26 000
Earnings Before Tax	323 000	231 000	362 000	202 000
Tax	94 000	69 000	88 000	73 000
Net Income	228 000	162 000	274 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	18 000	32 000	51 000
Total Current Assets	6 264 000	5 792 000	5 620 000	5 372 000
Total Assets	6 268 000	5 810 000	5 652 000	5 422 000
Total Retained Equity	5 253 000	5 025 000	4 863 000	4 589 000
Total Equity	5 312 000	5 084 000	4 922 000	4 648 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	956 000	726 000	731 000	774 000
Total Equity and Debt	6 268 000	5 810 000	5 652 000	5 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 369 000	2 428 000	2 338 000	2 378 000
Other Income	315 000	305 000	300 000	200 000
Revenue	2 685 000	2 734 000	2 638 000	2 578 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 257 000	1 331 000	1 273 000	1 282 000
Depreciation	14 000	15 000	18 000	33 000
Impairment	0	0	0	0
Expenditure	2 404 000	2 514 000	2 298 000	2 403 000
Operating Profit	282 000	220 000	340 000	175 000
Financial Income	41 000	11 000	24 000	28 000
Financial Costs	0	0	2 000	2 000
Financial Balance	41 000	11 000	22 000	26 000
Dividends	0	0	0	0
Net Income	228 000	162 000	274 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	18 000	32 000	51 000
Total Tangible Assets	4 000	18 000	32 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	18 000	32 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 857 000	4 918 000	4 798 000	4 508 000
Total Current Assets	6 264 000	5 792 000	5 620 000	5 372 000
Total Assets	6 268 000	5 810 000	5 652 000	5 422 000
Total Equity	5 312 000	5 084 000	4 922 000	4 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	10 000	5 000	10 000
Unpaid Taxes	353 000	337 000	294 000	331 000
Dividends	0	0	0	0
Other Current Debt	490 000	310 000	343 000	360 000
Total Current Debt	956 000	726 000	731 000	774 000
Total Equity and Debt	6 268 000	5 810 000	5 652 000	5 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,29 %	3,19 %	5,57 %	2,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,5 %	8,05 %	12,89 %	6,79 %
Current Ratio	6,55	7,98	7,69	6,94
Quick Ratio	6,55	7,98	7,69	6,94
Equity Ratio	0,85	0,88	0,87	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %