RØRSERVICEURI AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

28,72 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 672 000	44 162 000	59 305 000	55 153 000
Net Income	2 391 000	1 994 000	2 918 000	−3 065 000
Total Assets	17 843 000	14 775 000	16 184 000	15 381 000
Total Equity	8 324 000	5 932 000	3 938 000	1 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 672 000	44 162 000	59 305 000	55 153 000
Expenditure	36 201 000	42 006 000	56 120 000	57 978 000
Operating Profit	1 471 000	2 156 000	3 184 000	−2 826 000
Financial Income	1 069 000	33 000	50 000	16 000
Financial Costs	149 000	196 000	316 000	255 000
Financial Balance	920 000	−163 000	−266 000	−239 000
Earnings Before Tax	2 391 000	1 994 000	2 918 000	−3 065 000
Tax	0	0	0	0
Net Income	2 391 000	1 994 000	2 918 000	−3 065 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 131 000	3 281 000	2 743 000	3 158 000
Total Current Assets	16 712 000	11 494 000	13 441 000	12 224 000
Total Assets	17 843 000	14 775 000	16 184 000	15 381 000
Total Retained Equity	−366 000	−2 758 000	−4 752 000	−7 670 000
Total Equity	8 324 000	5 932 000	3 938 000	1 020 000
Total Long-Term Debt	1 000 000	2 000 000	2 000 000	2 000 000
Total Current Debt	8 520 000	6 843 000	10 246 000	12 361 000
Total Equity and Debt	17 843 000	14 775 000	16 184 000	15 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 672 000	44 162 000	59 265 000	54 964 000
Other Income	0	0	40 000	189 000
Revenue	37 672 000	44 162 000	59 305 000	55 153 000
Cost of Goods Sold	11 844 000	14 282 000	25 292 000	25 012 000
Salary Costs	17 131 000	21 140 000	24 438 000	26 454 000
Depreciation	414 000	443 000	435 000	435 000
Impairment	577 000	0	0	0
Expenditure	36 201 000	42 006 000	56 120 000	57 978 000
Operating Profit	1 471 000	2 156 000	3 184 000	−2 826 000
Financial Income	1 069 000	33 000	50 000	16 000
Financial Costs	149 000	196 000	316 000	255 000
Financial Balance	920 000	−163 000	−266 000	−239 000
Dividends	0	0	0	0
Net Income	2 391 000	1 994 000	2 918 000	−3 065 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	26 000
Total Intangible Assets	0	0	0	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 131 000	2 099 000	1 562 000	1 950 000
Total Tangible Assets	1 131 000	2 099 000	1 562 000	1 950 000
Total Fiancial Fixed Assets	0	1 181 000	1 181 000	1 181 000
Total Fixed Assets	1 131 000	3 281 000	2 743 000	3 158 000
Stock	4 468 000	4 356 000	2 919 000	3 840 000
Total Investments	0	0	0	0
Cash, Bank	3 365 000	2 867 000	1 444 000	801 000
Total Current Assets	16 712 000	11 494 000	13 441 000	12 224 000
Total Assets	17 843 000	14 775 000	16 184 000	15 381 000
Total Equity	8 324 000	5 932 000	3 938 000	1 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	2 000 000	2 000 000	2 000 000
Creditors	2 883 000	1 744 000	3 563 000	2 254 000
Unpaid Taxes	2 853 000	2 208 000	3 226 000	2 310 000
Dividends	0	0	0	0
Other Current Debt	2 785 000	2 891 000	3 457 000	4 165 000
Total Current Debt	8 520 000	6 843 000	10 246 000	12 361 000
Total Equity and Debt	17 843 000	14 775 000	16 184 000	15 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,72 %	33,61 %	74,1 %	−300,49 %
Debt-to-Equity Ratio	0,12	0,34	0,51	1,96
Operating Profit Margin	3,9 %	4,88 %	5,37 %	−5,12 %
Current Ratio	1,96	1,68	1,31	0,99
Quick Ratio	4,12	4,62	1,83	1,43
Equity Ratio	0,47	0,4	0,24	0,07
Gross Profit Margin	68,56 %	67,66 %	57,35 %	54,65 %