ROCKS OF NORWAY AS

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

16,14 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 975 000	28 434 000	21 064 000	20 808 000
Net Income	1 533 000	390 000	324 000	−580 000
Total Assets	19 004 000	14 433 000	11 731 000	9 962 000
Total Equity	9 498 000	7 965 000	7 576 000	4 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 975 000	28 434 000	21 064 000	20 808 000
Expenditure	36 108 000	26 500 000	20 432 000	23 161 000
Operating Profit	2 206 000	658 000	430 000	−528 000
Financial Income	3 000	1 000	6 000	7 000
Financial Costs	110 000	79 000	111 000	95 000
Financial Balance	−107 000	−78 000	−105 000	−88 000
Earnings Before Tax	2 099 000	580 000	324 000	−616 000
Tax	566 000	190 000	0	−36 000
Net Income	1 533 000	390 000	324 000	−580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 845 000	7 874 000	5 936 000	4 132 000
Total Current Assets	8 159 000	6 559 000	5 795 000	5 830 000
Total Assets	19 004 000	14 433 000	11 731 000	9 962 000
Total Retained Equity	3 870 000	2 337 000	1 948 000	1 623 000
Total Equity	9 498 000	7 965 000	7 576 000	4 051 000
Total Long-Term Debt	2 418 000	2 841 000	1 707 000	475 000
Total Current Debt	7 089 000	3 627 000	2 449 000	5 436 000
Total Equity and Debt	19 004 000	14 433 000	11 731 000	9 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 559 000	28 434 000	20 706 000	20 627 000
Other Income	415 000	0	358 000	181 000
Revenue	35 975 000	28 434 000	21 064 000	20 808 000
Cost of Goods Sold	8 172 000	5 784 000	4 353 000	6 914 000
Salary Costs	10 801 000	7 852 000	6 671 000	5 794 000
Depreciation	2 017 000	1 244 000	855 000	966 000
Impairment	0	0	0	0
Expenditure	36 108 000	26 500 000	20 432 000	23 161 000
Operating Profit	2 206 000	658 000	430 000	−528 000
Financial Income	3 000	1 000	6 000	7 000
Financial Costs	110 000	79 000	111 000	95 000
Financial Balance	−107 000	−78 000	−105 000	−88 000
Dividends	0	0	0	0
Net Income	1 533 000	390 000	324 000	−580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 709 000	3 391 000	3 539 000	1 767 000
Machinery and Plant Facilities	5 582 000	3 014 000	1 860 000	1 378 000
Fixtures	525 000	576 000	0	0
Total Tangible Assets	9 815 000	6 980 000	5 399 000	3 145 000
Total Fiancial Fixed Assets	1 030 000	894 000	537 000	987 000
Total Fixed Assets	10 845 000	7 874 000	5 936 000	4 132 000
Stock	5 372 000	3 104 000	4 242 000	4 336 000
Total Investments	0	0	0	0
Cash, Bank	516 000	1 095 000	386 000	202 000
Total Current Assets	8 159 000	6 559 000	5 795 000	5 830 000
Total Assets	19 004 000	14 433 000	11 731 000	9 962 000
Total Equity	9 498 000	7 965 000	7 576 000	4 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 418 000	2 841 000	1 707 000	475 000
Creditors	2 930 000	1 820 000	1 011 000	1 488 000
Unpaid Taxes	975 000	741 000	667 000	411 000
Dividends	0	0	0	0
Other Current Debt	1 257 000	876 000	771 000	1 335 000
Total Current Debt	7 089 000	3 627 000	2 449 000	5 436 000
Total Equity and Debt	19 004 000	14 433 000	11 731 000	9 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,14 %	4,9 %	4,28 %	−14,32 %
Debt-to-Equity Ratio	0,25	0,36	0,23	0,12
Operating Profit Margin	6,13 %	2,31 %	2,04 %	−2,54 %
Current Ratio	1,15	1,81	2,37	1,07
Quick Ratio	4,75	12,54	−3,23	5,3
Equity Ratio	0,5	0,55	0,65	0,41
Gross Profit Margin	77,28 %	79,66 %	79,33 %	66,77 %