ROMSDAL GLASS OG LÅS AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

34,25 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 552 000	1 532 000	1 434 000	1 891 000
Net Income	87 000	−40 000	34 000	40 000
Total Assets	501 000	523 000	629 000	319 000
Total Equity	254 000	167 000	208 000	174 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 552 000	1 532 000	1 434 000	1 891 000
Expenditure	1 456 000	1 564 000	1 390 000	1 790 000
Operating Profit	94 000	−32 000	44 000	40 000
Financial Income	0	0	0	0
Financial Costs	7 000	8 000	3 000	0
Financial Balance	−7 000	−8 000	−3 000	0
Earnings Before Tax	87 000	−40 000	40 000	40 000
Tax	0	0	6 000	0
Net Income	87 000	−40 000	34 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	147 000	194 000	11 000
Total Current Assets	389 000	375 000	436 000	307 000
Total Assets	501 000	523 000	629 000	319 000
Total Retained Equity	−79 000	0	0	74 000
Total Equity	254 000	167 000	208 000	174 000
Total Long-Term Debt	112 000	175 000	235 000	1 000
Total Current Debt	135 000	181 000	187 000	144 000
Total Equity and Debt	501 000	523 000	629 000	319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 552 000	1 532 000	1 434 000	1 891 000
Other Income	0	0	0	0
Revenue	1 552 000	1 532 000	1 434 000	1 891 000
Cost of Goods Sold	691 000	690 000	520 000	946 000
Salary Costs	566 000	619 000	539 000	599 000
Depreciation	35 000	46 000	72 000	14 000
Impairment	0	0	0	0
Expenditure	1 456 000	1 564 000	1 390 000	1 790 000
Operating Profit	94 000	−32 000	44 000	40 000
Financial Income	0	0	0	0
Financial Costs	7 000	8 000	3 000	0
Financial Balance	−7 000	−8 000	−3 000	0
Dividends	0	0	0	0
Net Income	87 000	−40 000	34 000	40 000

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	0	0	0	0
Fixtures	112 000	147 000	194 000	11 000
Total Tangible Assets	112 000	147 000	194 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	112 000	147 000	194 000	11 000
Stock	45 000	45 000	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	310 000	258 000	260 000	186 000
Total Current Assets	389 000	375 000	436 000	307 000
Total Assets	501 000	523 000	629 000	319 000
Total Equity	254 000	167 000	208 000	174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 000	175 000	235 000	1 000
Creditors	48 000	41 000	44 000	65 000
Unpaid Taxes	33 000	81 000	82 000	10 000
Dividends	0	0	0	0
Other Current Debt	54 000	58 000	52 000	61 000
Total Current Debt	135 000	181 000	187 000	144 000
Total Equity and Debt	501 000	523 000	629 000	319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,25 %	−23,95 %	16,35 %	22,99 %
Debt-to-Equity Ratio	0,44	1,05	1,13	0,01
Operating Profit Margin	6,06 %	−2,09 %	3,07 %	2,12 %
Current Ratio	2,88	2,07	2,33	2,13
Quick Ratio	4,32	2,76	3,07	3,1
Equity Ratio	0,51	0,32	0,33	0,55
Gross Profit Margin	55,48 %	54,96 %	63,74 %	49,97 %