ELVERUM RØRSERVICE AS

2413 ELVERUM

Finances

Return on Equity

23,02 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 392 000	17 442 000	12 266 000	14 222 000
Net Income	930 000	1 681 000	257 000	621 000
Total Assets	9 037 000	6 721 000	3 889 000	4 472 000
Total Equity	4 040 000	3 409 000	1 728 000	1 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 392 000	17 442 000	12 266 000	14 222 000
Expenditure	22 181 000	15 306 000	11 921 000	13 366 000
Operating Profit	1 211 000	2 137 000	346 000	855 000
Financial Income	41 000	27 000	26 000	1 000
Financial Costs	52 000	17 000	27 000	55 000
Financial Balance	−11 000	10 000	−1 000	−54 000
Earnings Before Tax	1 201 000	2 147 000	345 000	801 000
Tax	270 000	466 000	88 000	180 000
Net Income	930 000	1 681 000	257 000	621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	564 000	646 000	549 000	556 000
Total Current Assets	8 473 000	6 074 000	3 340 000	3 916 000
Total Assets	9 037 000	6 721 000	3 889 000	4 472 000
Total Retained Equity	3 940 000	3 309 000	1 628 000	1 372 000
Total Equity	4 040 000	3 409 000	1 728 000	1 472 000
Total Long-Term Debt	142 000	250 000	399 000	442 000
Total Current Debt	4 855 000	3 062 000	1 762 000	2 558 000
Total Equity and Debt	9 037 000	6 721 000	3 889 000	4 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 240 000	17 140 000	12 330 000	14 470 000
Other Income	1 153 000	303 000	−63 000	−248 000
Revenue	23 392 000	17 442 000	12 266 000	14 222 000
Cost of Goods Sold	13 261 000	8 657 000	6 248 000	7 295 000
Salary Costs	5 397 000	3 934 000	3 190 000	3 378 000
Depreciation	168 000	148 000	153 000	125 000
Impairment	0	0	0	0
Expenditure	22 181 000	15 306 000	11 921 000	13 366 000
Operating Profit	1 211 000	2 137 000	346 000	855 000
Financial Income	41 000	27 000	26 000	1 000
Financial Costs	52 000	17 000	27 000	55 000
Financial Balance	−11 000	10 000	−1 000	−54 000
Dividends	300 000	0	0	0
Net Income	930 000	1 681 000	257 000	621 000

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	344 000	426 000	329 000	332 000
Total Tangible Assets	344 000	426 000	329 000	332 000
Total Fiancial Fixed Assets	220 000	220 000	220 000	224 000
Total Fixed Assets	564 000	646 000	549 000	556 000
Stock	1 051 000	871 000	1 014 000	1 198 000
Total Investments	0	0	0	0
Cash, Bank	689 000	1 433 000	736 000	309 000
Total Current Assets	8 473 000	6 074 000	3 340 000	3 916 000
Total Assets	9 037 000	6 721 000	3 889 000	4 472 000
Total Equity	4 040 000	3 409 000	1 728 000	1 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	142 000	250 000	399 000	442 000
Creditors	3 128 000	1 262 000	537 000	1 273 000
Unpaid Taxes	1 060 000	1 007 000	622 000	544 000
Dividends	300 000	0	0	0
Other Current Debt	397 000	327 000	514 000	557 000
Total Current Debt	4 855 000	3 062 000	1 762 000	2 558 000
Total Equity and Debt	9 037 000	6 721 000	3 889 000	4 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,02 %	49,31 %	14,87 %	42,19 %
Debt-to-Equity Ratio	0,04	0,07	0,23	0,3
Operating Profit Margin	5,18 %	12,25 %	2,82 %	6,01 %
Current Ratio	1,75	1,98	1,9	1,53
Quick Ratio	2,23	2,77	4,47	2,88
Equity Ratio	0,45	0,51	0,44	0,33
Gross Profit Margin	43,31 %	50,37 %	49,06 %	48,71 %