RØRLEGGER GEIR SIRNES AS

5529 HAUGESUND

Finances

Return on Equity

13,7 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2021	2020	2019	2018
Revenue	47 766 000	40 590 000	40 209 000	41 282 000
Net Income	1 713 000	259 000	−617 000	185 000
Total Assets	24 254 000	24 968 000	20 891 000	22 919 000
Total Equity	12 505 000	10 792 000	10 533 000	11 151 000

Income (NOK)	2021	2020	2019	2018
Revenue	47 766 000	40 590 000	40 209 000	41 282 000
Expenditure	45 667 000	39 738 000	40 631 000	40 880 000
Operating Profit	2 099 000	852 000	−422 000	401 000
Financial Income	134 000	116 000	44 000	86 000
Financial Costs	147 000	380 000	193 000	229 000
Financial Balance	−13 000	−264 000	−149 000	−143 000
Earnings Before Tax	2 086 000	588 000	−570 000	258 000
Tax	373 000	329 000	48 000	73 000
Net Income	1 713 000	259 000	−617 000	185 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 503 000	1 896 000	1 939 000	735 000
Total Current Assets	19 751 000	23 072 000	18 952 000	22 184 000
Total Assets	24 254 000	24 968 000	20 891 000	22 919 000
Total Retained Equity	12 205 000	10 492 000	10 233 000	10 851 000
Total Equity	12 505 000	10 792 000	10 533 000	11 151 000
Total Long-Term Debt	1 356 000	2 030 000	2 073 000	1 756 000
Total Current Debt	10 392 000	12 145 000	8 285 000	10 013 000
Total Equity and Debt	24 254 000	24 968 000	20 891 000	22 919 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	47 751 000	40 590 000	40 048 000	41 279 000
Other Income	15 000	0	161 000	3 000
Revenue	47 766 000	40 590 000	40 209 000	41 282 000
Cost of Goods Sold	21 689 000	19 118 000	19 069 000	20 985 000
Salary Costs	16 709 000	14 462 000	15 259 000	14 380 000
Depreciation	131 000	159 000	137 000	198 000
Impairment	0	0	0	0
Expenditure	45 667 000	39 738 000	40 631 000	40 880 000
Operating Profit	2 099 000	852 000	−422 000	401 000
Financial Income	134 000	116 000	44 000	86 000
Financial Costs	147 000	380 000	193 000	229 000
Financial Balance	−13 000	−264 000	−149 000	−143 000
Dividends	0	0	0	0
Net Income	1 713 000	259 000	−617 000	185 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 346 000	0	0	0
Machinery and Plant Facilities	0	48 000	55 000	63 000
Fixtures	358 000	245 000	278 000	414 000
Total Tangible Assets	2 705 000	293 000	333 000	477 000
Total Fiancial Fixed Assets	1 798 000	1 603 000	1 606 000	258 000
Total Fixed Assets	4 503 000	1 896 000	1 939 000	735 000
Stock	5 562 000	5 651 000	5 653 000	5 873 000
Total Investments	113 000	76 000	210 000	255 000
Cash, Bank	849 000	759 000	192 000	501 000
Total Current Assets	19 751 000	23 072 000	18 952 000	22 184 000
Total Assets	24 254 000	24 968 000	20 891 000	22 919 000
Total Equity	12 505 000	10 792 000	10 533 000	11 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 356 000	2 030 000	2 073 000	1 756 000
Creditors	2 813 000	2 960 000	1 995 000	2 904 000
Unpaid Taxes	3 570 000	4 179 000	1 610 000	2 501 000
Dividends	0	0	0	0
Other Current Debt	2 685 000	1 786 000	1 723 000	1 879 000
Total Current Debt	10 392 000	12 145 000	8 285 000	10 013 000
Total Equity and Debt	24 254 000	24 968 000	20 891 000	22 919 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,7 %	2,4 %	−5,86 %	1,66 %
Debt-to-Equity Ratio	0,11	0,19	0,2	0,16
Operating Profit Margin	4,39 %	2,1 %	−1,05 %	0,97 %
Current Ratio	1,9	1,9	2,29	2,22
Quick Ratio	4,09	3,55	7,2	5,36
Equity Ratio	0,52	0,43	0,5	0,49
Gross Profit Margin	54,59 %	52,9 %	52,58 %	49,17 %