ROVA AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

8,55 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 848 000	2 963 000	3 378 000	3 993 000
Net Income	236 000	322 000	576 000	355 000
Total Assets	3 893 000	4 045 000	4 150 000	4 089 000
Total Equity	2 759 000	2 523 000	2 201 000	1 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 848 000	2 963 000	3 378 000	3 993 000
Expenditure	4 507 000	2 504 000	2 564 000	3 439 000
Operating Profit	341 000	460 000	813 000	554 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	36 000	48 000	76 000	100 000
Financial Balance	−35 000	−47 000	−75 000	−98 000
Earnings Before Tax	306 000	413 000	739 000	455 000
Tax	70 000	91 000	163 000	100 000
Net Income	236 000	322 000	576 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 456 000	3 593 000	3 770 000	3 621 000
Total Current Assets	436 000	452 000	379 000	468 000
Total Assets	3 893 000	4 045 000	4 150 000	4 089 000
Total Retained Equity	2 729 000	2 493 000	2 171 000	1 595 000
Total Equity	2 759 000	2 523 000	2 201 000	1 625 000
Total Long-Term Debt	691 000	1 137 000	1 568 000	1 971 000
Total Current Debt	442 000	385 000	381 000	493 000
Total Equity and Debt	3 893 000	4 045 000	4 150 000	4 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 045 000	3 040 000	3 526 000	4 149 000
Other Income	−197 000	−77 000	−148 000	−156 000
Revenue	4 848 000	2 963 000	3 378 000	3 993 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	2 734 000	1 487 000	1 657 000	2 270 000
Depreciation	187 000	177 000	165 000	152 000
Impairment	0	0	0	0
Expenditure	4 507 000	2 504 000	2 564 000	3 439 000
Operating Profit	341 000	460 000	813 000	554 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	36 000	48 000	76 000	100 000
Financial Balance	−35 000	−47 000	−75 000	−98 000
Dividends	0	0	0	0
Net Income	236 000	322 000	576 000	355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000 000	1 000 000	1 000 000	1 000 000
Real Eastate	0	10 000	14 000	317 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	202 000	182 000	208 000	235 000
Total Tangible Assets	2 306 000	2 443 000	2 620 000	2 621 000
Total Fiancial Fixed Assets	150 000	150 000	150 000	0
Total Fixed Assets	3 456 000	3 593 000	3 770 000	3 621 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	380 000	406 000	314 000	424 000
Total Current Assets	436 000	452 000	379 000	468 000
Total Assets	3 893 000	4 045 000	4 150 000	4 089 000
Total Equity	2 759 000	2 523 000	2 201 000	1 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	691 000	1 137 000	1 568 000	1 971 000
Creditors	182 000	47 000	−24 000	−7 000
Unpaid Taxes	162 000	219 000	223 000	294 000
Dividends	0	0	0	0
Other Current Debt	22 000	26 000	28 000	104 000
Total Current Debt	442 000	385 000	381 000	493 000
Total Equity and Debt	3 893 000	4 045 000	4 150 000	4 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,55 %	12,76 %	26,17 %	21,85 %
Debt-to-Equity Ratio	0,25	0,45	0,71	1,21
Operating Profit Margin	7,03 %	15,52 %	24,07 %	13,87 %
Current Ratio	0,99	1,17	0,99	0,95
Quick Ratio	0,99	1,17	0,99	0,95
Equity Ratio	0,71	0,62	0,53	0,4
Gross Profit Margin	100 %	99,93 %	100 %	100 %