ØSTLANDSKE RØR AS

1734 HAFSLUNDSØY

Finances

Return on Equity

25,33 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 490 000	11 116 000	11 038 000	8 768 000
Net Income	684 000	310 000	956 000	323 000
Total Assets	8 034 000	4 400 000	3 513 000	2 510 000
Total Equity	2 700 000	2 017 000	1 706 000	750 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 490 000	11 116 000	11 038 000	8 768 000
Expenditure	13 593 000	10 669 000	9 816 000	8 356 000
Operating Profit	897 000	446 000	1 224 000	411 000
Financial Income	16 000	8 000	8 000	10 000
Financial Costs	39 000	5 000	5 000	5 000
Financial Balance	−23 000	3 000	3 000	5 000
Earnings Before Tax	874 000	449 000	1 226 000	417 000
Tax	190 000	138 000	270 000	94 000
Net Income	684 000	310 000	956 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 103 000	202 000	265 000	206 000
Total Current Assets	5 931 000	4 197 000	3 249 000	2 305 000
Total Assets	8 034 000	4 400 000	3 513 000	2 510 000
Total Retained Equity	2 640 000	1 957 000	1 646 000	690 000
Total Equity	2 700 000	2 017 000	1 706 000	750 000
Total Long-Term Debt	1 623 000	9 000	0	26 000
Total Current Debt	3 710 000	2 374 000	1 807 000	1 734 000
Total Equity and Debt	8 034 000	4 400 000	3 513 000	2 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 489 000	3 248 000	8 291 000	8 768 000
Other Income	1 000	7 868 000	2 747 000	0
Revenue	14 490 000	11 116 000	11 038 000	8 768 000
Cost of Goods Sold	7 815 000	5 442 000	5 118 000	4 096 000
Salary Costs	4 449 000	3 704 000	3 598 000	3 048 000
Depreciation	50 000	41 000	48 000	47 000
Impairment	0	−2 000	0	0
Expenditure	13 593 000	10 669 000	9 816 000	8 356 000
Operating Profit	897 000	446 000	1 224 000	411 000
Financial Income	16 000	8 000	8 000	10 000
Financial Costs	39 000	5 000	5 000	5 000
Financial Balance	−23 000	3 000	3 000	5 000
Dividends	0	0	0	0
Net Income	684 000	310 000	956 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 188 000	0	0	0
Machinery and Plant Facilities	0	0	1 000	10 000
Fixtures	735 000	89 000	127 000	104 000
Total Tangible Assets	1 923 000	89 000	128 000	114 000
Total Fiancial Fixed Assets	180 000	114 000	137 000	92 000
Total Fixed Assets	2 103 000	202 000	265 000	206 000
Stock	66 000	60 000	66 000	98 000
Total Investments	0	0	0	0
Cash, Bank	3 447 000	1 071 000	1 907 000	1 265 000
Total Current Assets	5 931 000	4 197 000	3 249 000	2 305 000
Total Assets	8 034 000	4 400 000	3 513 000	2 510 000
Total Equity	2 700 000	2 017 000	1 706 000	750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 623 000	9 000	0	26 000
Creditors	2 301 000	1 299 000	550 000	774 000
Unpaid Taxes	784 000	604 000	726 000	620 000
Dividends	0	0	0	0
Other Current Debt	473 000	342 000	261 000	246 000
Total Current Debt	3 710 000	2 374 000	1 807 000	1 734 000
Total Equity and Debt	8 034 000	4 400 000	3 513 000	2 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,33 %	15,37 %	56,04 %	43,07 %
Debt-to-Equity Ratio	0,6	0	0	0,03
Operating Profit Margin	6,19 %	4,01 %	11,09 %	4,69 %
Current Ratio	1,6	1,77	1,8	1,33
Quick Ratio	1,63	1,81	1,87	1,41
Equity Ratio	0,34	0,46	0,49	0,3
Gross Profit Margin	46,07 %	51,04 %	53,63 %	53,28 %