NES RØRSERVICE AS

2150 ÅRNES

Finances

Return on Equity

18,69 %

Current Ratio

4,09

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 696 000	12 122 000	10 227 000	10 961 000
Net Income	1 354 000	42 000	274 000	716 000
Total Assets	10 006 000	8 803 000	9 202 000	8 660 000
Total Equity	7 244 000	5 890 000	5 847 000	5 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 696 000	12 122 000	10 227 000	10 961 000
Expenditure	12 064 000	12 183 000	9 862 000	9 982 000
Operating Profit	−367 000	−61 000	364 000	978 000
Financial Income	1 644 000	38 000	42 000	19 000
Financial Costs	1 000	−69 000	64 000	79 000
Financial Balance	1 643 000	107 000	−22 000	−60 000
Earnings Before Tax	1 276 000	46 000	342 000	918 000
Tax	−78 000	3 000	68 000	202 000
Net Income	1 354 000	42 000	274 000	716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 369 000	3 408 000	4 057 000	3 553 000
Total Current Assets	6 637 000	5 395 000	5 144 000	5 107 000
Total Assets	10 006 000	8 803 000	9 202 000	8 660 000
Total Retained Equity	7 024 000	5 670 000	5 627 000	5 354 000
Total Equity	7 244 000	5 890 000	5 847 000	5 574 000
Total Long-Term Debt	1 140 000	1 151 000	1 241 000	1 656 000
Total Current Debt	1 622 000	1 762 000	2 114 000	1 430 000
Total Equity and Debt	10 006 000	8 803 000	9 202 000	8 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 596 000	12 122 000	10 058 000	10 859 000
Other Income	100 000	0	169 000	102 000
Revenue	11 696 000	12 122 000	10 227 000	10 961 000
Cost of Goods Sold	5 136 000	5 056 000	4 107 000	4 317 000
Salary Costs	4 192 000	4 445 000	3 260 000	3 586 000
Depreciation	440 000	449 000	356 000	321 000
Impairment	0	0	0	0
Expenditure	12 064 000	12 183 000	9 862 000	9 982 000
Operating Profit	−367 000	−61 000	364 000	978 000
Financial Income	1 644 000	38 000	42 000	19 000
Financial Costs	1 000	−69 000	64 000	79 000
Financial Balance	1 643 000	107 000	−22 000	−60 000
Dividends	0	0	0	0
Net Income	1 354 000	42 000	274 000	716 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	27 000	0	0	0
Fixtures	1 436 000	1 255 000	1 704 000	1 197 000
Total Tangible Assets	1 463 000	1 255 000	1 704 000	1 197 000
Total Fiancial Fixed Assets	1 839 000	2 153 000	2 353 000	2 356 000
Total Fixed Assets	3 369 000	3 408 000	4 057 000	3 553 000
Stock	2 679 000	2 430 000	2 444 000	1 328 000
Total Investments	0	0	0	0
Cash, Bank	2 999 000	1 855 000	1 995 000	3 153 000
Total Current Assets	6 637 000	5 395 000	5 144 000	5 107 000
Total Assets	10 006 000	8 803 000	9 202 000	8 660 000
Total Equity	7 244 000	5 890 000	5 847 000	5 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 140 000	1 151 000	1 241 000	1 656 000
Creditors	709 000	750 000	1 067 000	434 000
Unpaid Taxes	509 000	498 000	520 000	405 000
Dividends	0	0	0	0
Other Current Debt	404 000	475 000	438 000	374 000
Total Current Debt	1 622 000	1 762 000	2 114 000	1 430 000
Total Equity and Debt	10 006 000	8 803 000	9 202 000	8 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,69 %	0,71 %	4,69 %	12,85 %
Debt-to-Equity Ratio	0,16	0,2	0,21	0,3
Operating Profit Margin	−3,14 %	−0,5 %	3,56 %	8,92 %
Current Ratio	4,09	3,06	2,43	3,57
Quick Ratio	−6,28	−8,08	−15,59	50,07
Equity Ratio	0,72	0,67	0,64	0,64
Gross Profit Margin	56,09 %	58,29 %	59,84 %	60,61 %