RØRLEGGER MIDT-NORGE AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

55,98 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 905 000	4 273 000	4 470 000	3 648 000
Net Income	576 000	662 000	602 000	484 000
Total Assets	3 113 000	2 825 000	2 211 000	1 587 000
Total Equity	1 029 000	987 000	935 000	644 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 905 000	4 273 000	4 470 000	3 648 000
Expenditure	4 154 000	3 446 000	3 698 000	3 012 000
Operating Profit	749 000	842 000	774 000	635 000
Financial Income	12 000	9 000	16 000	11 000
Financial Costs	22 000	2 000	18 000	8 000
Financial Balance	−10 000	7 000	−2 000	3 000
Earnings Before Tax	739 000	849 000	772 000	638 000
Tax	162 000	187 000	170 000	153 000
Net Income	576 000	662 000	602 000	484 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	184 000	141 000	168 000	160 000
Total Current Assets	2 928 000	2 684 000	2 043 000	1 428 000
Total Assets	3 113 000	2 825 000	2 211 000	1 587 000
Total Retained Equity	929 000	887 000	835 000	544 000
Total Equity	1 029 000	987 000	935 000	644 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 084 000	1 838 000	1 276 000	943 000
Total Equity and Debt	3 113 000	2 825 000	2 211 000	1 587 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 271 000	3 122 000	4 330 000	3 653 000
Other Income	−366 000	1 151 000	140 000	−5 000
Revenue	4 905 000	4 273 000	4 470 000	3 648 000
Cost of Goods Sold	1 781 000	1 448 000	1 515 000	1 191 000
Salary Costs	1 318 000	1 225 000	1 337 000	914 000
Depreciation	0	3 000	28 000	65 000
Impairment	0	0	0	0
Expenditure	4 154 000	3 446 000	3 698 000	3 012 000
Operating Profit	749 000	842 000	774 000	635 000
Financial Income	12 000	9 000	16 000	11 000
Financial Costs	22 000	2 000	18 000	8 000
Financial Balance	−10 000	7 000	−2 000	3 000
Dividends	500 000	600 000	300 000	400 000
Net Income	576 000	662 000	602 000	484 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	184 000	141 000	166 000	129 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	31 000
Total Tangible Assets	0	0	3 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	184 000	141 000	168 000	160 000
Stock	30 000	32 000	18 000	15 000
Total Investments	0	0	0	0
Cash, Bank	720 000	112 000	825 000	507 000
Total Current Assets	2 928 000	2 684 000	2 043 000	1 428 000
Total Assets	3 113 000	2 825 000	2 211 000	1 587 000
Total Equity	1 029 000	987 000	935 000	644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	255 000	326 000	387 000	152 000
Unpaid Taxes	81 000	74 000	86 000	133 000
Dividends	500 000	600 000	300 000	400 000
Other Current Debt	1 051 000	678 000	299 000	145 000
Total Current Debt	2 084 000	1 838 000	1 276 000	943 000
Total Equity and Debt	3 113 000	2 825 000	2 211 000	1 587 000

Financial indicators	2021	2020	2019	2018
Return on Equity	55,98 %	67,07 %	64,39 %	75,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,27 %	19,71 %	17,32 %	17,41 %
Current Ratio	1,4	1,46	1,6	1,51
Quick Ratio	1,43	1,49	1,62	1,54
Equity Ratio	0,33	0,35	0,42	0,41
Gross Profit Margin	63,69 %	66,11 %	66,11 %	67,35 %