INDUSTRI OG RØRTEKNIKK AS

2838 SNERTINGDAL

Finances

Share Ownership

Return on Equity

6,95 %

Current Ratio

5,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 831 000	3 110 000	3 323 000	4 183 000
Net Income	420 000	113 000	−105 000	461 000
Total Assets	7 254 000	6 639 000	6 535 000	6 427 000
Total Equity	6 041 000	5 621 000	5 509 000	5 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 831 000	3 110 000	3 323 000	4 183 000
Expenditure	3 299 000	2 971 000	3 490 000	3 596 000
Operating Profit	532 000	140 000	−167 000	586 000
Financial Income	10 000	9 000	39 000	13 000
Financial Costs	2 000	1 000	3 000	1 000
Financial Balance	8 000	8 000	36 000	12 000
Earnings Before Tax	540 000	148 000	−131 000	598 000
Tax	120 000	36 000	−26 000	138 000
Net Income	420 000	113 000	−105 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	973 000	1 126 000	1 492 000	503 000
Total Current Assets	6 281 000	5 512 000	5 044 000	5 924 000
Total Assets	7 254 000	6 639 000	6 535 000	6 427 000
Total Retained Equity	5 940 000	5 520 000	5 408 000	5 513 000
Total Equity	6 041 000	5 621 000	5 509 000	5 614 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 212 000	1 018 000	1 027 000	813 000
Total Equity and Debt	7 254 000	6 639 000	6 535 000	6 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 831 000	3 509 000	2 909 000	4 633 000
Other Income	0	−398 000	413 000	−450 000
Revenue	3 831 000	3 110 000	3 323 000	4 183 000
Cost of Goods Sold	1 139 000	604 000	1 179 000	1 521 000
Salary Costs	751 000	865 000	849 000	934 000
Depreciation	412 000	453 000	462 000	278 000
Impairment	0	0	0	0
Expenditure	3 299 000	2 971 000	3 490 000	3 596 000
Operating Profit	532 000	140 000	−167 000	586 000
Financial Income	10 000	9 000	39 000	13 000
Financial Costs	2 000	1 000	3 000	1 000
Financial Balance	8 000	8 000	36 000	12 000
Dividends	0	0	0	0
Net Income	420 000	113 000	−105 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	124 000	136 000	74 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	845 000	977 000	1 382 000	379 000
Fixtures	4 000	14 000	35 000	62 000
Total Tangible Assets	848 000	991 000	1 417 000	440 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	973 000	1 126 000	1 492 000	503 000
Stock	150 000	142 000	132 000	80 000
Total Investments	0	0	0	0
Cash, Bank	3 429 000	3 370 000	1 812 000	4 298 000
Total Current Assets	6 281 000	5 512 000	5 044 000	5 924 000
Total Assets	7 254 000	6 639 000	6 535 000	6 427 000
Total Equity	6 041 000	5 621 000	5 509 000	5 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	509 000	438 000	569 000	359 000
Unpaid Taxes	458 000	347 000	229 000	206 000
Dividends	0	0	0	0
Other Current Debt	137 000	135 000	229 000	121 000
Total Current Debt	1 212 000	1 018 000	1 027 000	813 000
Total Equity and Debt	7 254 000	6 639 000	6 535 000	6 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,95 %	2,01 %	−1,91 %	8,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,89 %	4,5 %	−5,03 %	14,01 %
Current Ratio	5,18	5,41	4,91	7,29
Quick Ratio	5,91	6,29	5,64	8,08
Equity Ratio	0,83	0,85	0,84	0,87
Gross Profit Margin	70,27 %	80,58 %	64,52 %	63,64 %