SARPSBORG RØR OG SVEISESERVICE AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

16,64 %

Current Ratio

3,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 442 000	4 275 000	4 116 000	2 643 000
Net Income	256 000	826 000	675 000	−195 000
Total Assets	2 021 000	2 267 000	1 748 000	958 000
Total Equity	1 538 000	1 532 000	906 000	431 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 442 000	4 275 000	4 116 000	2 643 000
Expenditure	3 114 000	3 215 000	3 308 000	2 836 000
Operating Profit	329 000	1 059 000	808 000	−192 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	−1 000	−1 000	0	−3 000
Earnings Before Tax	328 000	1 059 000	808 000	−195 000
Tax	73 000	233 000	132 000	0
Net Income	256 000	826 000	675 000	−195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	295 000	394 000	360 000
Total Current Assets	1 825 000	1 972 000	1 354 000	598 000
Total Assets	2 021 000	2 267 000	1 748 000	958 000
Total Retained Equity	1 438 000	1 432 000	806 000	331 000
Total Equity	1 538 000	1 532 000	906 000	431 000
Total Long-Term Debt	0	8 000	12 000	0
Total Current Debt	483 000	726 000	829 000	527 000
Total Equity and Debt	2 021 000	2 267 000	1 748 000	958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 442 000	4 275 000	4 073 000	2 643 000
Other Income	0	0	43 000	0
Revenue	3 442 000	4 275 000	4 116 000	2 643 000
Cost of Goods Sold	522 000	908 000	780 000	346 000
Salary Costs	1 881 000	1 523 000	1 762 000	1 741 000
Depreciation	99 000	99 000	66 000	134 000
Impairment	0	0	0	0
Expenditure	3 114 000	3 215 000	3 308 000	2 836 000
Operating Profit	329 000	1 059 000	808 000	−192 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	−1 000	−1 000	0	−3 000
Dividends	250 000	200 000	200 000	200 000
Net Income	256 000	826 000	675 000	−195 000

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	0	0	0
Fixtures	196 000	295 000	394 000	360 000
Total Tangible Assets	196 000	295 000	394 000	360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	196 000	295 000	394 000	360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 390 000	1 731 000	781 000	272 000
Total Current Assets	1 825 000	1 972 000	1 354 000	598 000
Total Assets	2 021 000	2 267 000	1 748 000	958 000
Total Equity	1 538 000	1 532 000	906 000	431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	12 000	0
Creditors	0	0	0	0
Unpaid Taxes	222 000	109 000	311 000	150 000
Dividends	250 000	200 000	200 000	200 000
Other Current Debt	181 000	180 000	198 000	177 000
Total Current Debt	483 000	726 000	829 000	527 000
Total Equity and Debt	2 021 000	2 267 000	1 748 000	958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,64 %	53,92 %	74,5 %	−45,24 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	9,56 %	24,77 %	19,63 %	−7,26 %
Current Ratio	3,78	2,72	1,63	1,13
Quick Ratio	3,78	2,72	1,63	1,13
Equity Ratio	0,76	0,68	0,52	0,45
Gross Profit Margin	84,83 %	78,76 %	81,05 %	86,91 %