ABD RØRSERVICE AS

7100 RISSA

Finances

Share Ownership

Return on Equity

38,05 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 745 000	23 615 000	19 282 000	18 178 000
Net Income	1 539 000	1 483 000	200 000	449 000
Total Assets	11 799 000	9 694 000	7 176 000	9 149 000
Total Equity	4 045 000	2 506 000	2 110 000	1 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 745 000	23 615 000	19 282 000	18 178 000
Expenditure	23 722 000	21 666 000	18 967 000	17 584 000
Operating Profit	2 024 000	1 948 000	315 000	594 000
Financial Income	10 000	8 000	7 000	27 000
Financial Costs	57 000	50 000	57 000	37 000
Financial Balance	−47 000	−42 000	−50 000	−10 000
Earnings Before Tax	1 977 000	1 906 000	264 000	584 000
Tax	438 000	424 000	64 000	135 000
Net Income	1 539 000	1 483 000	200 000	449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 143 000	1 225 000	1 393 000	1 091 000
Total Current Assets	10 656 000	8 469 000	5 783 000	8 058 000
Total Assets	11 799 000	9 694 000	7 176 000	9 149 000
Total Retained Equity	3 829 000	2 291 000	1 895 000	1 695 000
Total Equity	4 045 000	2 506 000	2 110 000	1 910 000
Total Long-Term Debt	1 317 000	1 496 000	1 533 000	1 934 000
Total Current Debt	6 437 000	5 692 000	3 533 000	5 305 000
Total Equity and Debt	11 799 000	9 694 000	7 176 000	9 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 724 000	23 606 000	19 239 000	18 351 000
Other Income	21 000	8 000	42 000	−173 000
Revenue	25 745 000	23 615 000	19 282 000	18 178 000
Cost of Goods Sold	12 744 000	11 498 000	10 199 000	9 637 000
Salary Costs	7 878 000	7 059 000	5 952 000	5 482 000
Depreciation	146 000	134 000	76 000	37 000
Impairment	0	0	0	0
Expenditure	23 722 000	21 666 000	18 967 000	17 584 000
Operating Profit	2 024 000	1 948 000	315 000	594 000
Financial Income	10 000	8 000	7 000	27 000
Financial Costs	57 000	50 000	57 000	37 000
Financial Balance	−47 000	−42 000	−50 000	−10 000
Dividends	0	1 000 000	0	0
Net Income	1 539 000	1 483 000	200 000	449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	0
Real Eastate	803 000	905 000	1 007 000	715 000
Machinery and Plant Facilities	139 000	54 000	39 000	2 000
Fixtures	30 000	38 000	57 000	76 000
Total Tangible Assets	972 000	997 000	1 103 000	794 000
Total Fiancial Fixed Assets	171 000	229 000	287 000	297 000
Total Fixed Assets	1 143 000	1 225 000	1 393 000	1 091 000
Stock	1 891 000	1 942 000	1 557 000	919 000
Total Investments	0	0	0	0
Cash, Bank	1 432 000	2 817 000	1 967 000	4 952 000
Total Current Assets	10 656 000	8 469 000	5 783 000	8 058 000
Total Assets	11 799 000	9 694 000	7 176 000	9 149 000
Total Equity	4 045 000	2 506 000	2 110 000	1 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 317 000	1 496 000	1 533 000	1 934 000
Creditors	2 467 000	1 641 000	997 000	2 757 000
Unpaid Taxes	1 209 000	947 000	596 000	734 000
Dividends	0	1 000 000	0	0
Other Current Debt	2 293 000	1 820 000	1 616 000	1 756 000
Total Current Debt	6 437 000	5 692 000	3 533 000	5 305 000
Total Equity and Debt	11 799 000	9 694 000	7 176 000	9 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,05 %	59,18 %	9,48 %	23,51 %
Debt-to-Equity Ratio	0,33	0,6	0,73	1,01
Operating Profit Margin	7,86 %	8,25 %	1,63 %	3,27 %
Current Ratio	1,66	1,49	1,64	1,52
Quick Ratio	2,34	2,26	2,93	1,84
Equity Ratio	0,34	0,26	0,29	0,21
Gross Profit Margin	50,5 %	51,31 %	47,11 %	46,99 %