MYHRE RØR AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

70,59 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 317 000	11 203 000	11 436 000	19 652 000
Net Income	2 453 000	−440 000	54 000	1 824 000
Total Assets	9 720 000	5 867 000	6 525 000	7 133 000
Total Equity	3 475 000	4 022 000	4 462 000	4 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 317 000	11 203 000	11 436 000	19 652 000
Expenditure	17 174 000	11 767 000	11 366 000	17 320 000
Operating Profit	3 144 000	−564 000	70 000	2 333 000
Financial Income	5 000	2 000	4 000	7 000
Financial Costs	1 000	0	1 000	0
Financial Balance	4 000	2 000	3 000	7 000
Earnings Before Tax	3 148 000	−562 000	73 000	2 340 000
Tax	695 000	−122 000	19 000	516 000
Net Income	2 453 000	−440 000	54 000	1 824 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	182 000	35 000	22 000
Total Current Assets	9 585 000	5 685 000	6 490 000	7 112 000
Total Assets	9 720 000	5 867 000	6 525 000	7 133 000
Total Retained Equity	3 125 000	3 672 000	4 112 000	4 058 000
Total Equity	3 475 000	4 022 000	4 462 000	4 408 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 245 000	1 846 000	2 063 000	2 726 000
Total Equity and Debt	9 720 000	5 867 000	6 525 000	7 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 317 000	11 203 000	11 436 000	19 644 000
Other Income	0	0	0	8 000
Revenue	20 317 000	11 203 000	11 436 000	19 652 000
Cost of Goods Sold	6 829 000	3 321 000	3 567 000	6 100 000
Salary Costs	8 145 000	6 549 000	6 046 000	9 138 000
Depreciation	27 000	19 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	17 174 000	11 767 000	11 366 000	17 320 000
Operating Profit	3 144 000	−564 000	70 000	2 333 000
Financial Income	5 000	2 000	4 000	7 000
Financial Costs	1 000	0	1 000	0
Financial Balance	4 000	2 000	3 000	7 000
Dividends	3 000 000	0	0	2 000 000
Net Income	2 453 000	−440 000	54 000	1 824 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	130 000	8 000	14 000
Real Eastate	92 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	52 000	26 000	8 000
Total Tangible Assets	126 000	52 000	26 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	182 000	35 000	22 000
Stock	75 000	75 000	74 000	46 000
Total Investments	0	0	0	0
Cash, Bank	7 255 000	3 462 000	3 536 000	4 132 000
Total Current Assets	9 585 000	5 685 000	6 490 000	7 112 000
Total Assets	9 720 000	5 867 000	6 525 000	7 133 000
Total Equity	3 475 000	4 022 000	4 462 000	4 408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	530 000	379 000	327 000	116 000
Unpaid Taxes	1 040 000	792 000	834 000	1 104 000
Dividends	3 000 000	0	0	2 000 000
Other Current Debt	1 102 000	675 000	888 000	992 000
Total Current Debt	6 245 000	1 846 000	2 063 000	2 726 000
Total Equity and Debt	9 720 000	5 867 000	6 525 000	7 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,59 %	−10,94 %	1,21 %	41,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,47 %	−5,03 %	0,61 %	11,87 %
Current Ratio	1,53	3,08	3,15	2,61
Quick Ratio	1,55	3,21	3,26	2,65
Equity Ratio	0,36	0,69	0,68	0,62
Gross Profit Margin	66,39 %	70,36 %	68,81 %	68,96 %