RØRSERVICE VALDERØY AS

6050 VALDERØYA

Finances

Return on Equity

33,85 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 855 000	2 804 000	2 482 000	3 155 000
Net Income	88 000	60 000	54 000	166 000
Total Assets	856 000	740 000	981 000	844 000
Total Equity	260 000	172 000	112 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 855 000	2 804 000	2 482 000	3 155 000
Expenditure	2 747 000	2 722 000	2 394 000	2 930 000
Operating Profit	108 000	82 000	88 000	225 000
Financial Income	10 000	6 000	6 000	6 000
Financial Costs	8 000	13 000	26 000	18 000
Financial Balance	2 000	−7 000	−20 000	−12 000
Earnings Before Tax	110 000	75 000	69 000	213 000
Tax	22 000	15 000	14 000	47 000
Net Income	88 000	60 000	54 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	65 000	93 000	121 000
Total Current Assets	801 000	676 000	888 000	724 000
Total Assets	856 000	740 000	981 000	844 000
Total Retained Equity	160 000	72 000	12 000	−42 000
Total Equity	260 000	172 000	112 000	58 000
Total Long-Term Debt	3 000	60 000	125 000	181 000
Total Current Debt	594 000	509 000	744 000	606 000
Total Equity and Debt	856 000	740 000	981 000	844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 855 000	2 694 000	2 392 000	3 155 000
Other Income	0	110 000	90 000	0
Revenue	2 855 000	2 804 000	2 482 000	3 155 000
Cost of Goods Sold	1 227 000	1 254 000	932 000	1 216 000
Salary Costs	1 166 000	1 092 000	1 030 000	1 288 000
Depreciation	9 000	13 000	13 000	16 000
Impairment	0	0	0	0
Expenditure	2 747 000	2 722 000	2 394 000	2 930 000
Operating Profit	108 000	82 000	88 000	225 000
Financial Income	10 000	6 000	6 000	6 000
Financial Costs	8 000	13 000	26 000	18 000
Financial Balance	2 000	−7 000	−20 000	−12 000
Dividends	0	0	0	0
Net Income	88 000	60 000	54 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	16 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	22 000	35 000
Total Tangible Assets	0	9 000	22 000	35 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	55 000	65 000	93 000	121 000
Stock	326 000	344 000	362 000	354 000
Total Investments	0	0	0	0
Cash, Bank	0	27 000	169 000	0
Total Current Assets	801 000	676 000	888 000	724 000
Total Assets	856 000	740 000	981 000	844 000
Total Equity	260 000	172 000	112 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	60 000	125 000	181 000
Creditors	190 000	206 000	427 000	260 000
Unpaid Taxes	74 000	191 000	209 000	205 000
Dividends	0	0	0	0
Other Current Debt	311 000	111 000	107 000	132 000
Total Current Debt	594 000	509 000	744 000	606 000
Total Equity and Debt	856 000	740 000	981 000	844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,85 %	34,88 %	48,21 %	286,21 %
Debt-to-Equity Ratio	0,01	0,35	1,12	3,12
Operating Profit Margin	3,78 %	2,92 %	3,55 %	7,13 %
Current Ratio	1,35	1,33	1,19	1,19
Quick Ratio	2,99	4,1	2,32	2,87
Equity Ratio	0,3	0,23	0,11	0,07
Gross Profit Margin	57,02 %	55,28 %	62,45 %	61,46 %