RØRLEGGERMESTER ERLING MJELDE AS

5260 INDRE ARNA

Finances

Return on Equity

61,15 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 687 000	1 517 000	1 491 000
Net Income	266 000	171 000	211 000	174 000
Total Assets	903 000	972 000	938 000	980 000
Total Equity	435 000	369 000	498 000	557 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 687 000	1 517 000	1 491 000
Expenditure	1 789 000	1 468 000	1 249 000	1 269 000
Operating Profit	338 000	218 000	269 000	222 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	1 000
Earnings Before Tax	340 000	219 000	271 000	223 000
Tax	75 000	48 000	60 000	49 000
Net Income	266 000	171 000	211 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	30 000	35 000	34 000
Total Current Assets	878 000	942 000	903 000	946 000
Total Assets	903 000	972 000	938 000	980 000
Total Retained Equity	405 000	339 000	468 000	457 000
Total Equity	435 000	369 000	498 000	557 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	467 000	602 000	439 000	422 000
Total Equity and Debt	903 000	972 000	938 000	980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 128 000	1 687 000	1 517 000	1 491 000
Other Income	0	0	0	0
Revenue	2 128 000	1 687 000	1 517 000	1 491 000
Cost of Goods Sold	699 000	533 000	433 000	402 000
Salary Costs	883 000	731 000	631 000	681 000
Depreciation	4 000	5 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	1 789 000	1 468 000	1 249 000	1 269 000
Operating Profit	338 000	218 000	269 000	222 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	1 000
Dividends	200 000	300 000	200 000	128 000
Net Income	266 000	171 000	211 000	174 000

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	18 000	22 000	27 000	34 000
Total Tangible Assets	18 000	22 000	27 000	34 000
Total Fiancial Fixed Assets	8 000	8 000	8 000	0
Total Fixed Assets	26 000	30 000	35 000	34 000
Stock	20 000	29 000	26 000	39 000
Total Investments	0	0	0	8 000
Cash, Bank	739 000	816 000	782 000	679 000
Total Current Assets	878 000	942 000	903 000	946 000
Total Assets	903 000	972 000	938 000	980 000
Total Equity	435 000	369 000	498 000	557 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	−63 000	59 000	−8 000	47 000
Unpaid Taxes	163 000	112 000	114 000	97 000
Dividends	200 000	300 000	200 000	128 000
Other Current Debt	92 000	83 000	73 000	100 000
Total Current Debt	467 000	602 000	439 000	422 000
Total Equity and Debt	903 000	972 000	938 000	980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,15 %	46,34 %	42,37 %	31,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,88 %	12,92 %	17,73 %	14,89 %
Current Ratio	1,88	1,56	2,06	2,24
Quick Ratio	1,96	1,64	2,19	2,47
Equity Ratio	0,48	0,38	0,53	0,57
Gross Profit Margin	67,15 %	68,41 %	71,46 %	73,04 %