OVE'S RØR & MEK. AS

4376 HELLELAND

Finances

Return on Equity

21,26 %

Current Ratio

2,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 261 000	19 059 000	13 359 000	12 000 000
Net Income	2 599 000	3 157 000	595 000	794 000
Total Assets	18 726 000	16 024 000	11 166 000	10 468 000
Total Equity	12 227 000	10 628 000	7 471 000	7 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 261 000	19 059 000	13 359 000	12 000 000
Expenditure	16 924 000	15 049 000	12 659 000	11 023 000
Operating Profit	3 337 000	4 011 000	702 000	977 000
Financial Income	8 000	37 000	74 000	42 000
Financial Costs	13 000	0	13 000	0
Financial Balance	−5 000	37 000	61 000	42 000
Earnings Before Tax	3 332 000	4 047 000	763 000	1 018 000
Tax	733 000	890 000	168 000	224 000
Net Income	2 599 000	3 157 000	595 000	794 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 394 000	1 061 000	731 000	976 000
Total Current Assets	17 333 000	14 963 000	10 435 000	9 492 000
Total Assets	18 726 000	16 024 000	11 166 000	10 468 000
Total Retained Equity	12 123 000	10 525 000	7 368 000	7 273 000
Total Equity	12 227 000	10 628 000	7 471 000	7 376 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 500 000	5 396 000	3 694 000	3 092 000
Total Equity and Debt	18 726 000	16 024 000	11 166 000	10 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 261 000	19 059 000	13 157 000	12 000 000
Other Income	0	0	203 000	0
Revenue	20 261 000	19 059 000	13 359 000	12 000 000
Cost of Goods Sold	6 674 000	6 943 000	5 496 000	4 148 000
Salary Costs	5 682 000	5 704 000	4 839 000	4 485 000
Depreciation	245 000	251 000	312 000	282 000
Impairment	0	0	0	0
Expenditure	16 924 000	15 049 000	12 659 000	11 023 000
Operating Profit	3 337 000	4 011 000	702 000	977 000
Financial Income	8 000	37 000	74 000	42 000
Financial Costs	13 000	0	13 000	0
Financial Balance	−5 000	37 000	61 000	42 000
Dividends	1 000 000	0	500 000	500 000
Net Income	2 599 000	3 157 000	595 000	794 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	428 000	438 000	399 000	412 000
Real Eastate	0	19 000	0	0
Machinery and Plant Facilities	465 000	401 000	62 000	199 000
Fixtures	297 000	145 000	151 000	173 000
Total Tangible Assets	928 000	623 000	330 000	548 000
Total Fiancial Fixed Assets	37 000	0	1 000	16 000
Total Fixed Assets	1 394 000	1 061 000	731 000	976 000
Stock	3 174 000	2 211 000	1 527 000	919 000
Total Investments	0	0	0	0
Cash, Bank	2 206 000	2 045 000	708 000	1 412 000
Total Current Assets	17 333 000	14 963 000	10 435 000	9 492 000
Total Assets	18 726 000	16 024 000	11 166 000	10 468 000
Total Equity	12 227 000	10 628 000	7 471 000	7 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 908 000	2 617 000	763 000	469 000
Unpaid Taxes	943 000	61 000	1 051 000	1 255 000
Dividends	1 000 000	0	500 000	500 000
Other Current Debt	925 000	1 788 000	1 225 000	744 000
Total Current Debt	6 500 000	5 396 000	3 694 000	3 092 000
Total Equity and Debt	18 726 000	16 024 000	11 166 000	10 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,26 %	29,7 %	7,96 %	10,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,47 %	21,05 %	5,25 %	8,14 %
Current Ratio	2,67	2,77	2,82	3,07
Quick Ratio	5,21	4,7	4,82	4,37
Equity Ratio	0,65	0,66	0,67	0,7
Gross Profit Margin	67,06 %	63,57 %	58,86 %	65,43 %