ROLFSEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

15,07 %

Current Ratio

3,18

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 702 000	38 630 000	34 673 000	38 865 000
Net Income	1 278 000	1 537 000	731 000	405 000
Total Assets	21 717 000	22 533 000	21 664 000	17 110 000
Total Equity	8 481 000	7 203 000	5 666 000	4 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 702 000	38 630 000	34 673 000	38 865 000
Expenditure	40 792 000	36 583 000	33 227 000	37 399 000
Operating Profit	1 910 000	2 047 000	1 446 000	974 000
Financial Income	207 000	173 000	72 000	64 000
Financial Costs	420 000	246 000	570 000	514 000
Financial Balance	−213 000	−73 000	−498 000	−450 000
Earnings Before Tax	1 697 000	1 974 000	948 000	524 000
Tax	419 000	437 000	217 000	119 000
Net Income	1 278 000	1 537 000	731 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 292 000	1 711 000	2 234 000	2 736 000
Total Current Assets	20 425 000	20 822 000	19 430 000	14 374 000
Total Assets	21 717 000	22 533 000	21 664 000	17 110 000
Total Retained Equity	8 281 000	7 003 000	5 466 000	4 735 000
Total Equity	8 481 000	7 203 000	5 666 000	4 935 000
Total Long-Term Debt	6 809 000	9 170 000	10 786 000	6 926 000
Total Current Debt	6 427 000	6 160 000	5 212 000	5 249 000
Total Equity and Debt	21 717 000	22 533 000	21 664 000	17 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 702 000	38 630 000	34 382 000	38 865 000
Other Income	0	0	291 000	0
Revenue	42 702 000	38 630 000	34 673 000	38 865 000
Cost of Goods Sold	24 521 000	21 928 000	20 641 000	22 854 000
Salary Costs	7 744 000	7 256 000	5 860 000	7 975 000
Depreciation	527 000	523 000	520 000	594 000
Impairment	0	0	0	0
Expenditure	40 792 000	36 583 000	33 227 000	37 399 000
Operating Profit	1 910 000	2 047 000	1 446 000	974 000
Financial Income	207 000	173 000	72 000	64 000
Financial Costs	420 000	246 000	570 000	514 000
Financial Balance	−213 000	−73 000	−498 000	−450 000
Dividends	0	0	0	0
Net Income	1 278 000	1 537 000	731 000	405 000

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	1 292 000	1 711 000	2 234 000	2 736 000
Total Tangible Assets	1 292 000	1 711 000	2 234 000	2 736 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 292 000	1 711 000	2 234 000	2 736 000
Stock	10 540 000	10 541 000	9 829 000	10 148 000
Total Investments	0	0	0	0
Cash, Bank	6 807 000	9 293 000	8 415 000	3 141 000
Total Current Assets	20 425 000	20 822 000	19 430 000	14 374 000
Total Assets	21 717 000	22 533 000	21 664 000	17 110 000
Total Equity	8 481 000	7 203 000	5 666 000	4 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 809 000	9 170 000	10 786 000	6 926 000
Creditors	2 362 000	1 799 000	2 273 000	1 455 000
Unpaid Taxes	2 498 000	2 257 000	1 503 000	2 250 000
Dividends	0	0	0	0
Other Current Debt	1 090 000	1 614 000	1 140 000	1 386 000
Total Current Debt	6 427 000	6 160 000	5 212 000	5 249 000
Total Equity and Debt	21 717 000	22 533 000	21 664 000	17 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,07 %	21,34 %	12,9 %	8,21 %
Debt-to-Equity Ratio	0,8	1,27	1,9	1,4
Operating Profit Margin	4,47 %	5,3 %	4,17 %	2,51 %
Current Ratio	3,18	3,38	3,73	2,74
Quick Ratio	−4,97	−4,75	−4,21	−2,93
Equity Ratio	0,39	0,32	0,26	0,29
Gross Profit Margin	42,58 %	43,24 %	40,47 %	41,2 %