ROLF ØINES AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

69,93 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 817 000	8 155 000	7 930 000	7 684 000
Net Income	886 000	383 000	493 000	228 000
Total Assets	2 990 000	2 285 000	2 364 000	1 989 000
Total Equity	1 267 000	881 000	949 000	955 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 817 000	8 155 000	7 930 000	7 684 000
Expenditure	8 709 000	7 675 000	7 306 000	7 402 000
Operating Profit	1 109 000	480 000	625 000	281 000
Financial Income	27 000	14 000	16 000	18 000
Financial Costs	0	3 000	8 000	4 000
Financial Balance	27 000	11 000	8 000	14 000
Earnings Before Tax	1 136 000	491 000	633 000	295 000
Tax	250 000	108 000	140 000	67 000
Net Income	886 000	383 000	493 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	197 000	258 000	324 000
Total Current Assets	2 701 000	2 088 000	2 106 000	1 665 000
Total Assets	2 990 000	2 285 000	2 364 000	1 989 000
Total Retained Equity	1 167 000	781 000	849 000	855 000
Total Equity	1 267 000	881 000	949 000	955 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 723 000	1 403 000	1 416 000	1 033 000
Total Equity and Debt	2 990 000	2 285 000	2 364 000	1 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 817 000	8 155 000	7 930 000	7 684 000
Other Income	0	0	0	0
Revenue	9 817 000	8 155 000	7 930 000	7 684 000
Cost of Goods Sold	3 002 000	2 215 000	2 448 000	2 008 000
Salary Costs	3 771 000	3 804 000	3 048 000	3 869 000
Depreciation	78 000	61 000	61 000	38 000
Impairment	0	0	0	0
Expenditure	8 709 000	7 675 000	7 306 000	7 402 000
Operating Profit	1 109 000	480 000	625 000	281 000
Financial Income	27 000	14 000	16 000	18 000
Financial Costs	0	3 000	8 000	4 000
Financial Balance	27 000	11 000	8 000	14 000
Dividends	500 000	450 000	500 000	0
Net Income	886 000	383 000	493 000	228 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	7 000	7 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	283 000	190 000	251 000	312 000
Total Tangible Assets	283 000	190 000	251 000	312 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	197 000	258 000	324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 463 000	1 965 000	1 936 000	1 459 000
Total Current Assets	2 701 000	2 088 000	2 106 000	1 665 000
Total Assets	2 990 000	2 285 000	2 364 000	1 989 000
Total Equity	1 267 000	881 000	949 000	955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	242 000	190 000	161 000	63 000
Unpaid Taxes	268 000	264 000	248 000	267 000
Dividends	500 000	450 000	500 000	0
Other Current Debt	464 000	392 000	372 000	652 000
Total Current Debt	1 723 000	1 403 000	1 416 000	1 033 000
Total Equity and Debt	2 990 000	2 285 000	2 364 000	1 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,93 %	43,47 %	51,95 %	23,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,3 %	5,89 %	7,88 %	3,66 %
Current Ratio	1,57	1,49	1,49	1,61
Quick Ratio	1,57	1,49	1,49	1,61
Equity Ratio	0,42	0,39	0,4	0,48
Gross Profit Margin	69,42 %	72,84 %	69,13 %	73,87 %