RØRLEGGER JAN ERIK HØRSANDLIEN AS

2332 ÅSVANG

Finances

Return on Equity

−14,74 %

Current Ratio

2,31

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 769 000	2 557 000	6 221 000	5 582 000
Net Income	120 000	−413 000	−631 000	−1 331 000
Total Assets	517 000	543 000	964 000	1 341 000
Total Equity	−814 000	−934 000	−521 000	−400 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 769 000	2 557 000	6 221 000	5 582 000
Expenditure	1 672 000	2 969 000	6 873 000	6 946 000
Operating Profit	96 000	−412 000	−653 000	−1 364 000
Financial Income	29 000	25 000	29 000	34 000
Financial Costs	5 000	26 000	7 000	1 000
Financial Balance	24 000	−1 000	22 000	33 000
Earnings Before Tax	120 000	−413 000	−631 000	−1 331 000
Tax	0	0	0	0
Net Income	120 000	−413 000	−631 000	−1 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	55 000	55 000	65 000
Total Current Assets	462 000	488 000	909 000	1 276 000
Total Assets	517 000	543 000	964 000	1 341 000
Total Retained Equity	−1 424 000	−1 544 000	−1 131 000	−500 000
Total Equity	−814 000	−934 000	−521 000	−400 000
Total Long-Term Debt	1 131 000	808 000	0	366 000
Total Current Debt	200 000	669 000	1 485 000	1 376 000
Total Equity and Debt	517 000	543 000	964 000	1 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 564 000	1 957 000	6 059 000	5 582 000
Other Income	205 000	600 000	162 000	0
Revenue	1 769 000	2 557 000	6 221 000	5 582 000
Cost of Goods Sold	576 000	677 000	2 084 000	1 860 000
Salary Costs	559 000	1 515 000	3 635 000	3 722 000
Depreciation	0	0	10 000	17 000
Impairment	0	0	0	0
Expenditure	1 672 000	2 969 000	6 873 000	6 946 000
Operating Profit	96 000	−412 000	−653 000	−1 364 000
Financial Income	29 000	25 000	29 000	34 000
Financial Costs	5 000	26 000	7 000	1 000
Financial Balance	24 000	−1 000	22 000	33 000
Dividends	0	0	0	0
Net Income	120 000	−413 000	−631 000	−1 331 000

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	0	0	0	10 000
Total Tangible Assets	0	0	0	10 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	55 000	55 000	55 000	65 000
Stock	245 000	296 000	261 000	301 000
Total Investments	0	0	0	0
Cash, Bank	16 000	61 000	143 000	286 000
Total Current Assets	462 000	488 000	909 000	1 276 000
Total Assets	517 000	543 000	964 000	1 341 000
Total Equity	−814 000	−934 000	−521 000	−400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 131 000	808 000	0	366 000
Creditors	126 000	206 000	471 000	315 000
Unpaid Taxes	63 000	122 000	607 000	494 000
Dividends	0	0	0	0
Other Current Debt	10 000	276 000	385 000	567 000
Total Current Debt	200 000	669 000	1 485 000	1 376 000
Total Equity and Debt	517 000	543 000	964 000	1 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,74 %	44,22 %	121,11 %	332,75 %
Debt-to-Equity Ratio	−1,39	−0,87	−0	−0,92
Operating Profit Margin	5,43 %	−16,11 %	−10,5 %	−24,44 %
Current Ratio	2,31	0,73	0,61	0,93
Quick Ratio	−10,27	1,31	0,74	1,19
Equity Ratio	−1,57	−1,72	−0,54	−0,3
Gross Profit Margin	67,44 %	73,52 %	66,5 %	66,68 %