TH RØR-SVEIS AS

1529 MOSS

Finances

Share Ownership

Return on Equity

1 306,87 %

Current Ratio

0,96

Debt-to-Equity Ratio

2,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 548 000	24 907 000	24 161 000	21 578 000
Net Income	3 045 000	2 571 000	3 252 000	682 000
Total Assets	15 703 000	12 185 000	14 394 000	9 396 000
Total Equity	233 000	5 189 000	7 618 000	4 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 548 000	24 907 000	24 161 000	21 578 000
Expenditure	24 642 000	21 644 000	19 882 000	20 669 000
Operating Profit	3 907 000	3 263 000	4 279 000	910 000
Financial Income	11 000	18 000	14 000	17 000
Financial Costs	37 000	46 000	40 000	53 000
Financial Balance	−26 000	−28 000	−26 000	−36 000
Earnings Before Tax	3 881 000	3 235 000	4 253 000	874 000
Tax	837 000	665 000	1 001 000	192 000
Net Income	3 045 000	2 571 000	3 252 000	682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 442 000	1 744 000	1 395 000	2 085 000
Total Current Assets	14 262 000	10 440 000	12 999 000	7 310 000
Total Assets	15 703 000	12 185 000	14 394 000	9 396 000
Total Retained Equity	127 000	5 083 000	7 512 000	4 260 000
Total Equity	233 000	5 189 000	7 618 000	4 366 000
Total Long-Term Debt	647 000	731 000	558 000	807 000
Total Current Debt	14 823 000	6 266 000	6 218 000	4 223 000
Total Equity and Debt	15 703 000	12 185 000	14 394 000	9 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 548 000	24 475 000	24 148 000	21 576 000
Other Income	0	432 000	13 000	2 000
Revenue	28 548 000	24 907 000	24 161 000	21 578 000
Cost of Goods Sold	4 944 000	3 490 000	3 276 000	3 216 000
Salary Costs	14 278 000	12 960 000	11 794 000	12 629 000
Depreciation	525 000	580 000	578 000	578 000
Impairment	0	0	0	0
Expenditure	24 642 000	21 644 000	19 882 000	20 669 000
Operating Profit	3 907 000	3 263 000	4 279 000	910 000
Financial Income	11 000	18 000	14 000	17 000
Financial Costs	37 000	46 000	40 000	53 000
Financial Balance	−26 000	−28 000	−26 000	−36 000
Dividends	8 000 000	2 000 000	0	0
Net Income	3 045 000	2 571 000	3 252 000	682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	839 000	0	0	0
Fixtures	336 000	1 434 000	984 000	1 561 000
Total Tangible Assets	1 175 000	1 434 000	984 000	1 561 000
Total Fiancial Fixed Assets	211 000	311 000	411 000	511 000
Total Fixed Assets	1 442 000	1 744 000	1 395 000	2 085 000
Stock	62 000	43 000	27 000	22 000
Total Investments	0	0	0	0
Cash, Bank	4 969 000	5 534 000	6 201 000	2 207 000
Total Current Assets	14 262 000	10 440 000	12 999 000	7 310 000
Total Assets	15 703 000	12 185 000	14 394 000	9 396 000
Total Equity	233 000	5 189 000	7 618 000	4 366 000
Short-Term Group Debt	0	0	0	812 000
Total Long-Term Debt	647 000	731 000	558 000	807 000
Creditors	1 212 000	977 000	745 000	322 000
Unpaid Taxes	2 311 000	2 201 000	2 262 000	1 750 000
Dividends	8 000 000	2 000 000	0	0
Other Current Debt	2 408 000	2 423 000	2 225 000	1 223 000
Total Current Debt	14 823 000	6 266 000	6 218 000	4 223 000
Total Equity and Debt	15 703 000	12 185 000	14 394 000	9 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 306,87 %	49,55 %	42,69 %	15,62 %
Debt-to-Equity Ratio	2,78	0,14	0,07	0,18
Operating Profit Margin	13,69 %	13,1 %	17,71 %	4,22 %
Current Ratio	0,96	1,67	2,09	1,73
Quick Ratio	0,97	1,68	2,1	1,74
Equity Ratio	0,01	0,43	0,53	0,46
Gross Profit Margin	82,68 %	85,99 %	86,44 %	85,1 %