RØRTEAM AS

6210 VALLDAL

Finances

Share Ownership

Return on Equity

39,48 %

Current Ratio

1,61

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 481 000	9 753 000	10 888 000	10 739 000
Net Income	424 000	−526 000	894 000	301 000
Total Assets	4 085 000	4 367 000	5 353 000	4 855 000
Total Equity	1 074 000	650 000	1 592 000	998 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 481 000	9 753 000	10 888 000	10 739 000
Expenditure	9 065 000	10 384 000	9 707 000	10 249 000
Operating Profit	417 000	−632 000	1 181 000	490 000
Financial Income	155 000	31 000	58 000	28 000
Financial Costs	67 000	69 000	88 000	133 000
Financial Balance	88 000	−38 000	−30 000	−105 000
Earnings Before Tax	504 000	−670 000	1 151 000	385 000
Tax	80 000	−144 000	257 000	83 000
Net Income	424 000	−526 000	894 000	301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	1 599 000	1 655 000	1 903 000
Total Current Assets	3 011 000	2 769 000	3 698 000	2 952 000
Total Assets	4 085 000	4 367 000	5 353 000	4 855 000
Total Retained Equity	970 000	546 000	1 488 000	894 000
Total Equity	1 074 000	650 000	1 592 000	998 000
Total Long-Term Debt	1 135 000	1 123 000	1 621 000	1 944 000
Total Current Debt	1 876 000	2 594 000	2 139 000	1 913 000
Total Equity and Debt	4 085 000	4 367 000	5 353 000	4 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 278 000	9 753 000	10 888 000	10 709 000
Other Income	202 000	0	0	29 000
Revenue	9 481 000	9 753 000	10 888 000	10 739 000
Cost of Goods Sold	512 000	579 000	176 000	611 000
Salary Costs	7 648 000	8 249 000	7 674 000	8 249 000
Depreciation	356 000	342 000	318 000	317 000
Impairment	0	0	0	0
Expenditure	9 065 000	10 384 000	9 707 000	10 249 000
Operating Profit	417 000	−632 000	1 181 000	490 000
Financial Income	155 000	31 000	58 000	28 000
Financial Costs	67 000	69 000	88 000	133 000
Financial Balance	88 000	−38 000	−30 000	−105 000
Dividends	0	0	0	0
Net Income	424 000	−526 000	894 000	301 000

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	815 000	665 000	734 000
Fixtures	1 074 000	783 000	990 000	1 168 000
Total Tangible Assets	1 074 000	1 599 000	1 655 000	1 903 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 074 000	1 599 000	1 655 000	1 903 000
Stock	0	0	0	0
Total Investments	0	406 000	406 000	406 000
Cash, Bank	1 900 000	1 381 000	2 590 000	670 000
Total Current Assets	3 011 000	2 769 000	3 698 000	2 952 000
Total Assets	4 085 000	4 367 000	5 353 000	4 855 000
Total Equity	1 074 000	650 000	1 592 000	998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 135 000	1 123 000	1 621 000	1 944 000
Creditors	160 000	186 000	218 000	140 000
Unpaid Taxes	992 000	1 137 000	890 000	926 000
Dividends	0	0	0	0
Other Current Debt	724 000	1 271 000	785 000	846 000
Total Current Debt	1 876 000	2 594 000	2 139 000	1 913 000
Total Equity and Debt	4 085 000	4 367 000	5 353 000	4 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,48 %	−80,92 %	56,16 %	30,16 %
Debt-to-Equity Ratio	1,06	1,73	1,02	1,95
Operating Profit Margin	4,4 %	−6,48 %	10,85 %	4,56 %
Current Ratio	1,61	1,07	1,73	1,54
Quick Ratio	1,61	1,07	1,73	1,54
Equity Ratio	0,26	0,15	0,3	0,21
Gross Profit Margin	94,6 %	94,06 %	98,38 %	94,31 %