ANDENÆS RØR AS

1356 BEKKESTUA

Finances

Share Ownership

Return on Equity

15,82 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	439 000	476 000	883 000
Net Income	31 000	37 000	161 000	65 000
Total Assets	292 000	271 000	337 000	468 000
Total Equity	196 000	165 000	128 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	439 000	476 000	883 000
Expenditure	512 000	392 000	268 000	799 000
Operating Profit	40 000	47 000	207 000	84 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	40 000	47 000	207 000	83 000
Tax	9 000	10 000	46 000	18 000
Net Income	31 000	37 000	161 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	292 000	271 000	337 000	468 000
Total Assets	292 000	271 000	337 000	468 000
Total Retained Equity	96 000	65 000	28 000	17 000
Total Equity	196 000	165 000	128 000	117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	107 000	209 000	351 000
Total Equity and Debt	292 000	271 000	337 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	552 000	439 000	476 000	883 000
Other Income	0	0	0	0
Revenue	552 000	439 000	476 000	883 000
Cost of Goods Sold	40 000	0	0	0
Salary Costs	450 000	373 000	243 000	744 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	512 000	392 000	268 000	799 000
Operating Profit	40 000	47 000	207 000	84 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	150 000	120 000
Net Income	31 000	37 000	161 000	65 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	142 000	38 000	130 000
Total Current Assets	292 000	271 000	337 000	468 000
Total Assets	292 000	271 000	337 000	468 000
Total Equity	196 000	165 000	128 000	117 000
Short-Term Group Debt	0	6 000	5 000	12 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	40 000	50 000	0	116 000
Dividends	0	0	150 000	120 000
Other Current Debt	47 000	40 000	9 000	84 000
Total Current Debt	96 000	107 000	209 000	351 000
Total Equity and Debt	292 000	271 000	337 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,82 %	22,42 %	125,78 %	55,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,25 %	10,71 %	43,49 %	9,51 %
Current Ratio	3,04	2,53	1,61	1,33
Quick Ratio	3,04	2,53	1,61	1,33
Equity Ratio	0,67	0,61	0,38	0,25
Gross Profit Margin	92,75 %	100 %	100 %	100 %