RØRLEGGERMESTER FRANK STØRKERSEN AS

8300 SVOLVÆR

Finances

Return on Equity

35,8 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 459 000	12 011 000	10 079 000	11 037 000
Net Income	1 507 000	1 068 000	683 000	972 000
Total Assets	8 354 000	5 358 000	4 983 000	5 032 000
Total Equity	4 210 000	2 702 000	2 135 000	1 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 459 000	12 011 000	10 079 000	11 037 000
Expenditure	12 561 000	10 661 000	9 211 000	9 792 000
Operating Profit	1 898 000	1 351 000	867 000	1 245 000
Financial Income	34 000	17 000	15 000	22 000
Financial Costs	2 000	0	8 000	22 000
Financial Balance	32 000	17 000	7 000	0
Earnings Before Tax	1 930 000	1 367 000	874 000	1 245 000
Tax	423 000	300 000	191 000	273 000
Net Income	1 507 000	1 068 000	683 000	972 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	248 000	283 000	341 000
Total Current Assets	8 160 000	5 110 000	4 700 000	4 690 000
Total Assets	8 354 000	5 358 000	4 983 000	5 032 000
Total Retained Equity	4 110 000	2 602 000	2 035 000	1 752 000
Total Equity	4 210 000	2 702 000	2 135 000	1 852 000
Total Long-Term Debt	0	0	0	101 000
Total Current Debt	4 144 000	2 656 000	2 848 000	3 079 000
Total Equity and Debt	8 354 000	5 358 000	4 983 000	5 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 456 000	12 009 000	10 076 000	11 032 000
Other Income	3 000	2 000	3 000	5 000
Revenue	14 459 000	12 011 000	10 079 000	11 037 000
Cost of Goods Sold	5 768 000	4 373 000	3 858 000	4 425 000
Salary Costs	4 663 000	4 410 000	3 664 000	3 616 000
Depreciation	27 000	41 000	64 000	74 000
Impairment	0	0	0	0
Expenditure	12 561 000	10 661 000	9 211 000	9 792 000
Operating Profit	1 898 000	1 351 000	867 000	1 245 000
Financial Income	34 000	17 000	15 000	22 000
Financial Costs	2 000	0	8 000	22 000
Financial Balance	32 000	17 000	7 000	0
Dividends	0	500 000	400 000	500 000
Net Income	1 507 000	1 068 000	683 000	972 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	14 000	7 000	1 000
Real Eastate	9 000	9 000	9 000	9 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	40 000	81 000	145 000
Total Tangible Assets	22 000	49 000	90 000	154 000
Total Fiancial Fixed Assets	155 000	185 000	187 000	187 000
Total Fixed Assets	194 000	248 000	283 000	341 000
Stock	1 421 000	1 247 000	1 035 000	1 117 000
Total Investments	0	0	0	0
Cash, Bank	3 108 000	1 145 000	1 639 000	1 771 000
Total Current Assets	8 160 000	5 110 000	4 700 000	4 690 000
Total Assets	8 354 000	5 358 000	4 983 000	5 032 000
Total Equity	4 210 000	2 702 000	2 135 000	1 852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	101 000
Creditors	2 170 000	370 000	939 000	1 268 000
Unpaid Taxes	1 028 000	1 006 000	912 000	696 000
Dividends	0	500 000	400 000	500 000
Other Current Debt	521 000	473 000	399 000	412 000
Total Current Debt	4 144 000	2 656 000	2 848 000	3 079 000
Total Equity and Debt	8 354 000	5 358 000	4 983 000	5 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,8 %	39,53 %	31,99 %	52,48 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	13,13 %	11,25 %	8,6 %	11,28 %
Current Ratio	1,97	1,92	1,65	1,52
Quick Ratio	3	3,63	2,59	2,39
Equity Ratio	0,5	0,5	0,43	0,37
Gross Profit Margin	60,11 %	63,59 %	61,72 %	59,91 %