TK RØRSERVICE AS

1415 OPPEGÅRD

Finances

Share Ownership

Return on Equity

261,02 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2021	2020	2019	2018
Revenue	14 199 000	10 907 000	10 978 000	9 170 000
Net Income	154 000	380 000	513 000	62 000
Total Assets	2 553 000	2 041 000	2 338 000	2 059 000
Total Equity	59 000	75 000	795 000	482 000

Income (NOK)	2021	2020	2019	2018
Revenue	14 199 000	10 907 000	10 978 000	9 170 000
Expenditure	13 983 000	10 415 000	10 316 000	8 927 000
Operating Profit	197 000	492 000	663 000	242 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	0	4 000	6 000	128 000
Financial Balance	3 000	−3 000	−4 000	−127 000
Earnings Before Tax	199 000	489 000	659 000	116 000
Tax	45 000	109 000	146 000	54 000
Net Income	154 000	380 000	513 000	62 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	178 000	144 000	189 000	36 000
Total Current Assets	2 376 000	1 898 000	2 149 000	2 024 000
Total Assets	2 553 000	2 041 000	2 338 000	2 059 000
Total Retained Equity	29 000	45 000	765 000	452 000
Total Equity	59 000	75 000	795 000	482 000
Total Long-Term Debt	19 000	20 000	18 000	44 000
Total Current Debt	2 475 000	1 947 000	1 526 000	1 533 000
Total Equity and Debt	2 553 000	2 041 000	2 338 000	2 059 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	14 199 000	10 907 000	10 977 000	9 002 000
Other Income	0	0	1 000	168 000
Revenue	14 199 000	10 907 000	10 978 000	9 170 000
Cost of Goods Sold	7 823 000	5 521 000	5 287 000	4 835 000
Salary Costs	4 613 000	3 330 000	3 290 000	2 977 000
Depreciation	35 000	29 000	27 000	0
Impairment	0	0	0	0
Expenditure	13 983 000	10 415 000	10 316 000	8 927 000
Operating Profit	197 000	492 000	663 000	242 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	0	4 000	6 000	128 000
Financial Balance	3 000	−3 000	−4 000	−127 000
Dividends	171 000	1 100 000	200 000	200 000
Net Income	154 000	380 000	513 000	62 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	46 000	70 000	93 000	0
Fixtures	77 000	20 000	26 000	0
Total Tangible Assets	124 000	90 000	119 000	0
Total Fiancial Fixed Assets	54 000	54 000	70 000	36 000
Total Fixed Assets	178 000	144 000	189 000	36 000
Stock	50 000	70 000	0	55 000
Total Investments	0	0	0	0
Cash, Bank	586 000	944 000	956 000	811 000
Total Current Assets	2 376 000	1 898 000	2 149 000	2 024 000
Total Assets	2 553 000	2 041 000	2 338 000	2 059 000
Total Equity	59 000	75 000	795 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	20 000	18 000	44 000
Creditors	995 000	698 000	69 000	714 000
Unpaid Taxes	997 000	448 000	735 000	363 000
Dividends	171 000	1 100 000	200 000	200 000
Other Current Debt	438 000	294 000	350 000	225 000
Total Current Debt	2 475 000	1 947 000	1 526 000	1 533 000
Total Equity and Debt	2 553 000	2 041 000	2 338 000	2 059 000

Financial indicators	2021	2020	2019	2018
Return on Equity	261,02 %	506,67 %	64,53 %	12,86 %
Debt-to-Equity Ratio	0,32	0,27	0,02	0,09
Operating Profit Margin	1,39 %	4,51 %	6,04 %	2,64 %
Current Ratio	0,96	0,97	1,41	1,32
Quick Ratio	0,98	1,01	1,41	1,37
Equity Ratio	0,02	0,04	0,34	0,23
Gross Profit Margin	44,9 %	49,38 %	51,84 %	47,27 %