RØRLEGGERMESTER J. E. ULVEN AS

1177 OSLO

Finances

Return on Equity

1,33 %

Current Ratio

3,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 045 000	8 235 000	9 390 000	7 792 000
Net Income	94 000	629 000	1 724 000	717 000
Total Assets	9 233 000	10 543 000	12 721 000	10 659 000
Total Equity	7 066 000	7 357 000	7 478 000	7 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 045 000	8 235 000	9 390 000	7 792 000
Expenditure	2 851 000	7 399 000	7 180 000	6 768 000
Operating Profit	194 000	836 000	2 210 000	1 024 000
Financial Income	10 000	6 000	10 000	16 000
Financial Costs	1 000	1 000	0	0
Financial Balance	9 000	5 000	10 000	16 000
Earnings Before Tax	203 000	840 000	2 220 000	1 040 000
Tax	109 000	211 000	496 000	323 000
Net Income	94 000	629 000	1 724 000	717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 193 000	2 709 000	2 631 000	2 603 000
Total Current Assets	7 039 000	7 834 000	10 090 000	8 056 000
Total Assets	9 233 000	10 543 000	12 721 000	10 659 000
Total Retained Equity	6 966 000	7 257 000	7 378 000	7 412 000
Total Equity	7 066 000	7 357 000	7 478 000	7 512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 166 000	3 186 000	5 243 000	3 147 000
Total Equity and Debt	9 233 000	10 543 000	12 721 000	10 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 745 000	8 172 000	9 052 000	7 792 000
Other Income	300 000	63 000	337 000	0
Revenue	3 045 000	8 235 000	9 390 000	7 792 000
Cost of Goods Sold	1 148 000	3 136 000	2 804 000	2 545 000
Salary Costs	476 000	1 267 000	1 562 000	1 473 000
Depreciation	503 000	489 000	532 000	586 000
Impairment	0	0	0	0
Expenditure	2 851 000	7 399 000	7 180 000	6 768 000
Operating Profit	194 000	836 000	2 210 000	1 024 000
Financial Income	10 000	6 000	10 000	16 000
Financial Costs	1 000	1 000	0	0
Financial Balance	9 000	5 000	10 000	16 000
Dividends	0	0	0	0
Net Income	94 000	629 000	1 724 000	717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	711 000	737 000	764 000	503 000
Machinery and Plant Facilities	610 000	945 000	1 279 000	1 614 000
Fixtures	759 000	913 000	510 000	437 000
Total Tangible Assets	2 079 000	2 595 000	2 553 000	2 553 000
Total Fiancial Fixed Assets	114 000	114 000	78 000	50 000
Total Fixed Assets	2 193 000	2 709 000	2 631 000	2 603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 269 000	5 223 000	6 253 000	5 633 000
Total Current Assets	7 039 000	7 834 000	10 090 000	8 056 000
Total Assets	9 233 000	10 543 000	12 721 000	10 659 000
Total Equity	7 066 000	7 357 000	7 478 000	7 512 000
Short-Term Group Debt	705 000	962 000	2 254 000	1 470 000
Total Long-Term Debt	0	0	0	0
Creditors	1 152 000	1 884 000	2 177 000	1 225 000
Unpaid Taxes	103 000	241 000	592 000	312 000
Dividends	0	0	0	0
Other Current Debt	206 000	100 000	221 000	141 000
Total Current Debt	2 166 000	3 186 000	5 243 000	3 147 000
Total Equity and Debt	9 233 000	10 543 000	12 721 000	10 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,33 %	8,55 %	23,05 %	9,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,37 %	10,15 %	23,54 %	13,14 %
Current Ratio	3,25	2,46	1,92	2,56
Quick Ratio	3,25	2,46	1,92	2,56
Equity Ratio	0,77	0,7	0,59	0,7
Gross Profit Margin	62,3 %	61,92 %	70,14 %	67,34 %