OTTESTAD RØRSERVICE AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

36,07 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 749 000	1 690 000	1 544 000	1 218 000
Net Income	198 000	108 000	106 000	−49 000
Total Assets	876 000	745 000	472 000	264 000
Total Equity	549 000	351 000	243 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 749 000	1 690 000	1 544 000	1 218 000
Expenditure	1 502 000	1 557 000	1 433 000	1 272 000
Operating Profit	247 000	134 000	110 000	−55 000
Financial Income	8 000	5 000	5 000	6 000
Financial Costs	0	0	0	0
Financial Balance	8 000	5 000	5 000	6 000
Earnings Before Tax	254 000	139 000	116 000	−49 000
Tax	56 000	31 000	9 000	0
Net Income	198 000	108 000	106 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	876 000	745 000	472 000	264 000
Total Assets	876 000	745 000	472 000	264 000
Total Retained Equity	519 000	321 000	213 000	106 000
Total Equity	549 000	351 000	243 000	136 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	327 000	394 000	230 000	127 000
Total Equity and Debt	876 000	745 000	472 000	264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 749 000	1 690 000	1 544 000	1 218 000
Other Income	0	0	0	0
Revenue	1 749 000	1 690 000	1 544 000	1 218 000
Cost of Goods Sold	512 000	619 000	616 000	441 000
Salary Costs	705 000	628 000	570 000	604 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 502 000	1 557 000	1 433 000	1 272 000
Operating Profit	247 000	134 000	110 000	−55 000
Financial Income	8 000	5 000	5 000	6 000
Financial Costs	0	0	0	0
Financial Balance	8 000	5 000	5 000	6 000
Dividends	0	0	0	0
Net Income	198 000	108 000	106 000	−49 000

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	745 000	664 000	432 000	255 000
Total Current Assets	876 000	745 000	472 000	264 000
Total Assets	876 000	745 000	472 000	264 000
Total Equity	549 000	351 000	243 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	222 000	71 000	7 000
Unpaid Taxes	165 000	87 000	96 000	72 000
Dividends	0	0	0	0
Other Current Debt	63 000	55 000	54 000	48 000
Total Current Debt	327 000	394 000	230 000	127 000
Total Equity and Debt	876 000	745 000	472 000	264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,07 %	30,77 %	43,62 %	−36,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,12 %	7,93 %	7,12 %	−4,52 %
Current Ratio	2,68	1,89	2,05	2,08
Quick Ratio	2,68	1,89	2,05	2,08
Equity Ratio	0,63	0,47	0,51	0,52
Gross Profit Margin	70,73 %	63,37 %	60,1 %	63,79 %