OLE OG TORES RØRSERVICE AS

3772 KRAGERØ

Finances

Share Ownership

Return on Equity

−4,17 %

Current Ratio

2,97

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 826 000	10 365 000	9 138 000	7 414 000
Net Income	−153 000	563 000	2 000	25 000
Total Assets	5 534 000	5 732 000	5 250 000	5 218 000
Total Equity	3 669 000	3 822 000	3 396 000	3 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 826 000	10 365 000	9 138 000	7 414 000
Expenditure	11 010 000	9 624 000	9 111 000	7 352 000
Operating Profit	−184 000	741 000	27 000	63 000
Financial Income	9 000	6 000	9 000	10 000
Financial Costs	20 000	25 000	32 000	39 000
Financial Balance	−11 000	−19 000	−23 000	−29 000
Earnings Before Tax	−195 000	722 000	4 000	33 000
Tax	−42 000	160 000	2 000	8 000
Net Income	−153 000	563 000	2 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	329 000	523 000	803 000	1 040 000
Total Current Assets	5 205 000	5 210 000	4 447 000	4 177 000
Total Assets	5 534 000	5 732 000	5 250 000	5 218 000
Total Retained Equity	3 568 000	3 721 000	3 295 000	3 293 000
Total Equity	3 669 000	3 822 000	3 396 000	3 394 000
Total Long-Term Debt	114 000	298 000	500 000	691 000
Total Current Debt	1 751 000	1 612 000	1 355 000	1 133 000
Total Equity and Debt	5 534 000	5 732 000	5 250 000	5 218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 826 000	10 365 000	9 106 000	7 414 000
Other Income	0	0	32 000	0
Revenue	10 826 000	10 365 000	9 138 000	7 414 000
Cost of Goods Sold	5 666 000	4 764 000	4 289 000	3 333 000
Salary Costs	3 590 000	3 404 000	3 303 000	2 728 000
Depreciation	210 000	268 000	294 000	294 000
Impairment	0	0	0	0
Expenditure	11 010 000	9 624 000	9 111 000	7 352 000
Operating Profit	−184 000	741 000	27 000	63 000
Financial Income	9 000	6 000	9 000	10 000
Financial Costs	20 000	25 000	32 000	39 000
Financial Balance	−11 000	−19 000	−23 000	−29 000
Dividends	0	136 000	0	0
Net Income	−153 000	563 000	2 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	479 000	747 000	1 040 000
Total Tangible Assets	269 000	479 000	747 000	1 040 000
Total Fiancial Fixed Assets	31 000	44 000	57 000	0
Total Fixed Assets	329 000	523 000	803 000	1 040 000
Stock	847 000	877 000	902 000	1 090 000
Total Investments	0	0	0	0
Cash, Bank	2 884 000	2 739 000	2 219 000	2 105 000
Total Current Assets	5 205 000	5 210 000	4 447 000	4 177 000
Total Assets	5 534 000	5 732 000	5 250 000	5 218 000
Total Equity	3 669 000	3 822 000	3 396 000	3 394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	298 000	500 000	691 000
Creditors	800 000	410 000	432 000	367 000
Unpaid Taxes	368 000	560 000	466 000	494 000
Dividends	0	136 000	0	0
Other Current Debt	584 000	452 000	434 000	273 000
Total Current Debt	1 751 000	1 612 000	1 355 000	1 133 000
Total Equity and Debt	5 534 000	5 732 000	5 250 000	5 218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,17 %	14,73 %	0,06 %	0,74 %
Debt-to-Equity Ratio	0,03	0,08	0,15	0,2
Operating Profit Margin	−1,7 %	7,15 %	0,3 %	0,85 %
Current Ratio	2,97	3,23	3,28	3,69
Quick Ratio	5,76	7,09	9,82	97,14
Equity Ratio	0,66	0,67	0,65	0,65
Gross Profit Margin	47,66 %	54,04 %	53,06 %	55,04 %