ROV AS

5337 RONG

Finances

Share Ownership

Return on Equity

44,58 %

Current Ratio

1,67

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 102 000	9 798 000	13 500 000	14 064 000
Net Income	1 941 000	−3 052 000	−1 314 000	−4 233 000
Total Assets	12 187 000	11 340 000	10 558 000	14 666 000
Total Equity	4 354 000	2 413 000	−1 223 000	−2 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 102 000	9 798 000	13 500 000	14 064 000
Expenditure	15 794 000	12 388 000	14 096 000	17 810 000
Operating Profit	2 309 000	−2 589 000	−596 000	−3 746 000
Financial Income	16 000	0	4 000	2 000
Financial Costs	384 000	463 000	722 000	676 000
Financial Balance	−368 000	−463 000	−718 000	−674 000
Earnings Before Tax	1 941 000	−3 052 000	−1 314 000	−4 420 000
Tax	0	0	0	−187 000
Net Income	1 941 000	−3 052 000	−1 314 000	−4 233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 295 000	9 035 000	8 906 000	11 679 000
Total Current Assets	3 891 000	2 304 000	1 652 000	2 988 000
Total Assets	12 187 000	11 340 000	10 558 000	14 666 000
Total Retained Equity	−5 634 000	−7 575 000	−4 523 000	−3 209 000
Total Equity	4 354 000	2 413 000	−1 223 000	−2 909 000
Total Long-Term Debt	5 510 000	6 926 000	8 400 000	11 477 000
Total Current Debt	2 323 000	2 000 000	3 381 000	6 098 000
Total Equity and Debt	12 187 000	11 340 000	10 558 000	14 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 176 000	10 023 000	13 224 000	13 390 000
Other Income	927 000	−225 000	276 000	674 000
Revenue	18 102 000	9 798 000	13 500 000	14 064 000
Cost of Goods Sold	3 288 000	774 000	1 147 000	2 446 000
Salary Costs	6 087 000	5 268 000	5 872 000	6 990 000
Depreciation	765 000	694 000	729 000	954 000
Impairment	0	0	0	0
Expenditure	15 794 000	12 388 000	14 096 000	17 810 000
Operating Profit	2 309 000	−2 589 000	−596 000	−3 746 000
Financial Income	16 000	0	4 000	2 000
Financial Costs	384 000	463 000	722 000	676 000
Financial Balance	−368 000	−463 000	−718 000	−674 000
Dividends	0	0	0	0
Net Income	1 941 000	−3 052 000	−1 314 000	−4 233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 786 000	812 000	157 000	553 000
Fixtures	37 000	26 000	0	0
Total Tangible Assets	8 153 000	8 893 000	8 764 000	11 536 000
Total Fiancial Fixed Assets	142 000	142 000	142 000	142 000
Total Fixed Assets	8 295 000	9 035 000	8 906 000	11 679 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	985 000	1 182 000	175 000	248 000
Total Current Assets	3 891 000	2 304 000	1 652 000	2 988 000
Total Assets	12 187 000	11 340 000	10 558 000	14 666 000
Total Equity	4 354 000	2 413 000	−1 223 000	−2 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 510 000	6 926 000	8 400 000	11 477 000
Creditors	787 000	1 062 000	1 530 000	1 774 000
Unpaid Taxes	350 000	135 000	581 000	664 000
Dividends	0	0	0	0
Other Current Debt	1 185 000	804 000	1 005 000	2 388 000
Total Current Debt	2 323 000	2 000 000	3 381 000	6 098 000
Total Equity and Debt	12 187 000	11 340 000	10 558 000	14 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,58 %	−126,48 %	107,44 %	145,51 %
Debt-to-Equity Ratio	1,27	2,87	−6,87	−3,95
Operating Profit Margin	12,76 %	−26,42 %	−4,41 %	−26,64 %
Current Ratio	1,67	1,15	0,49	0,49
Quick Ratio	1,67	1,15	0,49	0,49
Equity Ratio	0,36	0,21	−0,12	−0,2
Gross Profit Margin	81,84 %	92,1 %	91,5 %	82,61 %