REIAKVAM RØRSERVICE AS

6817 NAUSTDAL

Finances

Return on Equity

−6,43 %

Current Ratio

26,85

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 339 000	3 520 000	7 848 000	9 260 000
Net Income	−803 000	220 000	1 458 000	1 800 000
Total Assets	16 137 000	17 270 000	17 981 000	16 815 000
Total Equity	12 491 000	13 294 000	13 075 000	11 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 339 000	3 520 000	7 848 000	9 260 000
Expenditure	3 114 000	3 298 000	6 076 000	7 045 000
Operating Profit	−780 000	222 000	1 772 000	2 215 000
Financial Income	104 000	59 000	98 000	146 000
Financial Costs	1 000	0	1 000	52 000
Financial Balance	103 000	59 000	97 000	94 000
Earnings Before Tax	−677 000	282 000	1 869 000	2 309 000
Tax	126 000	62 000	412 000	508 000
Net Income	−803 000	220 000	1 458 000	1 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	657 000	939 000	1 205 000
Total Current Assets	15 789 000	16 613 000	17 042 000	15 610 000
Total Assets	16 137 000	17 270 000	17 981 000	16 815 000
Total Retained Equity	12 391 000	13 194 000	12 975 000	11 517 000
Total Equity	12 491 000	13 294 000	13 075 000	11 617 000
Total Long-Term Debt	3 057 000	3 052 000	3 059 000	2 861 000
Total Current Debt	588 000	924 000	1 848 000	2 336 000
Total Equity and Debt	16 137 000	17 270 000	17 981 000	16 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 369 000	3 420 000	7 848 000	9 165 000
Other Income	−30 000	100 000	0	94 000
Revenue	2 339 000	3 520 000	7 848 000	9 260 000
Cost of Goods Sold	758 000	1 211 000	2 966 000	3 837 000
Salary Costs	979 000	997 000	1 922 000	2 170 000
Depreciation	213 000	367 000	369 000	253 000
Impairment	0	0	0	0
Expenditure	3 114 000	3 298 000	6 076 000	7 045 000
Operating Profit	−780 000	222 000	1 772 000	2 215 000
Financial Income	104 000	59 000	98 000	146 000
Financial Costs	1 000	0	1 000	52 000
Financial Balance	103 000	59 000	97 000	94 000
Dividends	0	0	0	0
Net Income	−803 000	220 000	1 458 000	1 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	126 000	42 000	0
Real Eastate	0	0	13 000	19 000
Machinery and Plant Facilities	313 000	496 000	850 000	1 151 000
Fixtures	0	0	0	0
Total Tangible Assets	313 000	496 000	863 000	1 170 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	348 000	657 000	939 000	1 205 000
Stock	94 000	99 000	158 000	494 000
Total Investments	0	0	0	0
Cash, Bank	7 433 000	14 855 000	14 235 000	11 151 000
Total Current Assets	15 789 000	16 613 000	17 042 000	15 610 000
Total Assets	16 137 000	17 270 000	17 981 000	16 815 000
Total Equity	12 491 000	13 294 000	13 075 000	11 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 057 000	3 052 000	3 059 000	2 861 000
Creditors	283 000	416 000	596 000	1 177 000
Unpaid Taxes	197 000	253 000	566 000	459 000
Dividends	0	0	0	0
Other Current Debt	108 000	108 000	197 000	319 000
Total Current Debt	588 000	924 000	1 848 000	2 336 000
Total Equity and Debt	16 137 000	17 270 000	17 981 000	16 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,43 %	1,65 %	11,15 %	15,49 %
Debt-to-Equity Ratio	0,24	0,23	0,23	0,25
Operating Profit Margin	−33,35 %	6,31 %	22,58 %	23,92 %
Current Ratio	26,85	17,98	9,22	6,68
Quick Ratio	31,96	20,14	10,08	8,47
Equity Ratio	0,77	0,77	0,73	0,69
Gross Profit Margin	67,59 %	65,6 %	62,21 %	58,56 %