ROMSDAL ELEKTRO AS

6411 MOLDE

Finances

Return on Equity

−10,41 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 967 000	7 461 000	6 748 000	6 760 000
Net Income	−118 000	253 000	−370 000	−93 000
Total Assets	2 814 000	2 703 000	2 126 000	3 023 000
Total Equity	1 133 000	1 251 000	998 000	1 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 967 000	7 461 000	6 748 000	6 760 000
Expenditure	8 122 000	7 139 000	7 226 000	6 873 000
Operating Profit	−155 000	322 000	−478 000	−114 000
Financial Income	6 000	8 000	10 000	6 000
Financial Costs	2 000	5 000	6 000	12 000
Financial Balance	4 000	3 000	4 000	−6 000
Earnings Before Tax	−151 000	325 000	−474 000	−120 000
Tax	−33 000	71 000	−104 000	−26 000
Net Income	−118 000	253 000	−370 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	199 000	332 000	290 000
Total Current Assets	2 525 000	2 505 000	1 793 000	2 733 000
Total Assets	2 814 000	2 703 000	2 126 000	3 023 000
Total Retained Equity	773 000	891 000	638 000	1 007 000
Total Equity	1 133 000	1 251 000	998 000	1 367 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 680 000	1 453 000	1 128 000	1 655 000
Total Equity and Debt	2 814 000	2 703 000	2 126 000	3 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 969 000	7 461 000	6 748 000	6 760 000
Other Income	−2 000	0	0	0
Revenue	7 967 000	7 461 000	6 748 000	6 760 000
Cost of Goods Sold	2 909 000	2 526 000	2 234 000	3 078 000
Salary Costs	3 789 000	3 499 000	3 290 000	3 053 000
Depreciation	36 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	8 122 000	7 139 000	7 226 000	6 873 000
Operating Profit	−155 000	322 000	−478 000	−114 000
Financial Income	6 000	8 000	10 000	6 000
Financial Costs	2 000	5 000	6 000	12 000
Financial Balance	4 000	3 000	4 000	−6 000
Dividends	0	0	0	0
Net Income	−118 000	253 000	−370 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	194 000	160 000	232 000	128 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	28 000	90 000	152 000
Total Tangible Assets	85 000	28 000	90 000	152 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	288 000	199 000	332 000	290 000
Stock	671 000	572 000	439 000	427 000
Total Investments	0	0	0	0
Cash, Bank	696 000	384 000	575 000	618 000
Total Current Assets	2 525 000	2 505 000	1 793 000	2 733 000
Total Assets	2 814 000	2 703 000	2 126 000	3 023 000
Total Equity	1 133 000	1 251 000	998 000	1 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	548 000	299 000	238 000	703 000
Unpaid Taxes	619 000	570 000	387 000	425 000
Dividends	0	0	0	0
Other Current Debt	513 000	583 000	503 000	527 000
Total Current Debt	1 680 000	1 453 000	1 128 000	1 655 000
Total Equity and Debt	2 814 000	2 703 000	2 126 000	3 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,41 %	20,22 %	−37,07 %	−6,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,95 %	4,32 %	−7,08 %	−1,69 %
Current Ratio	1,5	1,72	1,59	1,65
Quick Ratio	2,5	2,84	2,6	2,23
Equity Ratio	0,4	0,46	0,47	0,45
Gross Profit Margin	63,49 %	66,14 %	66,89 %	54,47 %