MESTER-RØR VVS AS

1086 OSLO

Finances

Return on Equity

52,91 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 491 000	9 412 000	12 661 000	5 996 000
Net Income	1 117 000	71 000	51 000	85 000
Total Assets	5 564 000	3 715 000	3 776 000	1 803 000
Total Equity	2 111 000	994 000	923 000	871 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 491 000	9 412 000	12 661 000	5 996 000
Expenditure	14 025 000	9 296 000	12 591 000	5 866 000
Operating Profit	1 466 000	117 000	70 000	131 000
Financial Income	40 000	7 000	19 000	18 000
Financial Costs	84 000	28 000	24 000	30 000
Financial Balance	−44 000	−21 000	−5 000	−12 000
Earnings Before Tax	1 423 000	96 000	65 000	119 000
Tax	306 000	25 000	14 000	34 000
Net Income	1 117 000	71 000	51 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	961 000	690 000	582 000	214 000
Total Current Assets	4 603 000	3 025 000	3 194 000	1 589 000
Total Assets	5 564 000	3 715 000	3 776 000	1 803 000
Total Retained Equity	2 011 000	894 000	823 000	771 000
Total Equity	2 111 000	994 000	923 000	871 000
Total Long-Term Debt	839 000	719 000	369 000	0
Total Current Debt	2 615 000	2 001 000	2 484 000	932 000
Total Equity and Debt	5 564 000	3 715 000	3 776 000	1 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 447 000	9 395 000	12 653 000	5 996 000
Other Income	43 000	17 000	8 000	0
Revenue	15 491 000	9 412 000	12 661 000	5 996 000
Cost of Goods Sold	6 514 000	3 413 000	6 790 000	1 613 000
Salary Costs	5 471 000	4 495 000	4 575 000	3 189 000
Depreciation	202 000	97 000	11 000	62 000
Impairment	0	0	0	0
Expenditure	14 025 000	9 296 000	12 591 000	5 866 000
Operating Profit	1 466 000	117 000	70 000	131 000
Financial Income	40 000	7 000	19 000	18 000
Financial Costs	84 000	28 000	24 000	30 000
Financial Balance	−44 000	−21 000	−5 000	−12 000
Dividends	0	0	0	0
Net Income	1 117 000	71 000	51 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	748 000	635 000	380 000	21 000
Total Tangible Assets	748 000	635 000	380 000	21 000
Total Fiancial Fixed Assets	213 000	55 000	177 000	154 000
Total Fixed Assets	961 000	690 000	582 000	214 000
Stock	339 000	395 000	372 000	203 000
Total Investments	0	0	0	0
Cash, Bank	1 500 000	1 154 000	531 000	246 000
Total Current Assets	4 603 000	3 025 000	3 194 000	1 589 000
Total Assets	5 564 000	3 715 000	3 776 000	1 803 000
Total Equity	2 111 000	994 000	923 000	871 000
Short-Term Group Debt	247 000	0	0	0
Total Long-Term Debt	839 000	719 000	369 000	0
Creditors	592 000	709 000	1 181 000	273 000
Unpaid Taxes	1 013 000	894 000	637 000	345 000
Dividends	0	0	0	0
Other Current Debt	523 000	398 000	666 000	314 000
Total Current Debt	2 615 000	2 001 000	2 484 000	932 000
Total Equity and Debt	5 564 000	3 715 000	3 776 000	1 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,91 %	7,14 %	5,53 %	9,76 %
Debt-to-Equity Ratio	0,4	0,72	0,4	0
Operating Profit Margin	9,46 %	1,24 %	0,55 %	2,18 %
Current Ratio	1,76	1,51	1,29	1,7
Quick Ratio	2,02	1,88	1,51	2,18
Equity Ratio	0,38	0,27	0,24	0,48
Gross Profit Margin	57,95 %	63,74 %	46,37 %	73,1 %