SERVICE RØRLEGGEREN AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

58,86 %

Current Ratio

1,09

Debt-to-Equity Ratio

14,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 225 000	718 000	325 000
Net Income	186 000	455 000	358 000	185 000
Total Assets	7 679 000	5 765 000	4 772 000	5 027 000
Total Equity	316 000	130 000	−325 000	−683 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 225 000	718 000	325 000
Expenditure	1 455 000	737 000	40 000	86 000
Operating Profit	365 000	488 000	678 000	240 000
Financial Income	0	0	0	0
Financial Costs	179 000	134 000	219 000	54 000
Financial Balance	−179 000	−134 000	−219 000	−54 000
Earnings Before Tax	186 000	354 000	459 000	185 000
Tax	0	−101 000	101 000	0
Net Income	186 000	455 000	358 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 632 000	4 632 000	4 632 000	4 619 000
Total Current Assets	3 047 000	1 133 000	141 000	408 000
Total Assets	7 679 000	5 765 000	4 772 000	5 027 000
Total Retained Equity	210 000	24 000	−431 000	−789 000
Total Equity	316 000	130 000	−325 000	−683 000
Total Long-Term Debt	4 562 000	4 735 000	4 837 000	4 762 000
Total Current Debt	2 801 000	899 000	261 000	947 000
Total Equity and Debt	7 679 000	5 765 000	4 772 000	5 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 254 000	517 000	0	65 000
Other Income	566 000	708 000	718 000	260 000
Revenue	1 820 000	1 225 000	718 000	325 000
Cost of Goods Sold	0	17 000	0	7 000
Salary Costs	167 000	0	0	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 455 000	737 000	40 000	86 000
Operating Profit	365 000	488 000	678 000	240 000
Financial Income	0	0	0	0
Financial Costs	179 000	134 000	219 000	54 000
Financial Balance	−179 000	−134 000	−219 000	−54 000
Dividends	0	0	0	0
Net Income	186 000	455 000	358 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 619 000	4 619 000	4 619 000	4 619 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 619 000	4 619 000	4 619 000	4 619 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	0
Total Fixed Assets	4 632 000	4 632 000	4 632 000	4 619 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	222 000	1 000	2 000
Total Current Assets	3 047 000	1 133 000	141 000	408 000
Total Assets	7 679 000	5 765 000	4 772 000	5 027 000
Total Equity	316 000	130 000	−325 000	−683 000
Short-Term Group Debt	2 021 000	0	0	0
Total Long-Term Debt	4 562 000	4 735 000	4 837 000	4 762 000
Creditors	386 000	431 000	1 000	2 000
Unpaid Taxes	109 000	79 000	88 000	88 000
Dividends	0	0	0	0
Other Current Debt	285 000	389 000	172 000	858 000
Total Current Debt	2 801 000	899 000	261 000	947 000
Total Equity and Debt	7 679 000	5 765 000	4 772 000	5 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,86 %	350 %	−110,15 %	−27,09 %
Debt-to-Equity Ratio	14,44	36,42	−14,88	−6,97
Operating Profit Margin	20,05 %	39,84 %	94,43 %	73,85 %
Current Ratio	1,09	1,26	0,54	0,43
Quick Ratio	1,09	1,26	0,54	0,43
Equity Ratio	0,04	0,02	−0,07	−0,14
Gross Profit Margin	100 %	98,61 %	100 %	97,85 %