ROMEC AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

7,18 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 524 000	11 530 000	18 669 000	13 930 000
Net Income	707 000	178 000	22 000	−819 000
Total Assets	12 289 000	12 247 000	10 201 000	10 432 000
Total Equity	9 847 000	9 140 000	8 366 000	7 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 524 000	11 530 000	18 669 000	13 930 000
Expenditure	11 627 000	11 313 000	18 652 000	14 993 000
Operating Profit	898 000	216 000	17 000	−1 063 000
Financial Income	11 000	13 000	14 000	14 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	11 000	12 000	11 000	13 000
Earnings Before Tax	909 000	228 000	28 000	−1 049 000
Tax	202 000	50 000	6 000	−231 000
Net Income	707 000	178 000	22 000	−819 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 069 000	5 046 000	4 707 000	5 879 000
Total Current Assets	7 220 000	7 201 000	5 493 000	4 553 000
Total Assets	12 289 000	12 247 000	10 201 000	10 432 000
Total Retained Equity	907 000	200 000	22 000	0
Total Equity	9 847 000	9 140 000	8 366 000	7 668 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 442 000	3 107 000	1 835 000	2 764 000
Total Equity and Debt	12 289 000	12 247 000	10 201 000	10 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 717 000	4 842 000	13 141 000	6 112 000
Other Income	5 807 000	6 688 000	5 528 000	7 818 000
Revenue	12 524 000	11 530 000	18 669 000	13 930 000
Cost of Goods Sold	3 741 000	3 499 000	10 507 000	5 836 000
Salary Costs	3 544 000	3 816 000	3 866 000	4 275 000
Depreciation	1 902 000	1 783 000	1 960 000	2 114 000
Impairment	0	0	0	0
Expenditure	11 627 000	11 313 000	18 652 000	14 993 000
Operating Profit	898 000	216 000	17 000	−1 063 000
Financial Income	11 000	13 000	14 000	14 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	11 000	12 000	11 000	13 000
Dividends	0	0	0	0
Net Income	707 000	178 000	22 000	−819 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	83 000	302 000	499 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 883 000	4 776 000	4 027 000	4 850 000
Fixtures	55 000	187 000	379 000	530 000
Total Tangible Assets	4 939 000	4 962 000	4 406 000	5 380 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 069 000	5 046 000	4 707 000	5 879 000
Stock	806 000	776 000	829 000	1 236 000
Total Investments	600 000	1 800 000	0	0
Cash, Bank	3 441 000	2 653 000	3 423 000	2 110 000
Total Current Assets	7 220 000	7 201 000	5 493 000	4 553 000
Total Assets	12 289 000	12 247 000	10 201 000	10 432 000
Total Equity	9 847 000	9 140 000	8 366 000	7 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	738 000	707 000	714 000	735 000
Unpaid Taxes	296 000	448 000	436 000	430 000
Dividends	0	0	0	0
Other Current Debt	410 000	411 000	344 000	391 000
Total Current Debt	2 442 000	3 107 000	1 835 000	2 764 000
Total Equity and Debt	12 289 000	12 247 000	10 201 000	10 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,18 %	1,95 %	0,26 %	−10,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,17 %	1,87 %	0,09 %	−7,63 %
Current Ratio	2,96	2,32	2,99	1,65
Quick Ratio	4,41	3,09	5,46	2,98
Equity Ratio	0,8	0,75	0,82	0,74
Gross Profit Margin	70,13 %	69,65 %	43,72 %	58,1 %