ROMERIKE ENERGI AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

41,72 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,53

Key figures (NOK)	2020	2019	2018	2017
Revenue	10 684 000	23 503 000	30 799 000	24 048 000
Net Income	−3 808 000	−2 046 000	−1 549 000	166 000
Total Assets	3 205 000	6 200 000	8 389 000	8 068 000
Total Equity	−9 128 000	−5 320 000	−3 275 000	−1 725 000

Income (NOK)	2020	2019	2018	2017
Revenue	10 684 000	23 503 000	30 799 000	24 048 000
Expenditure	14 427 000	25 493 000	30 951 000	23 722 000
Operating Profit	−3 743 000	−1 991 000	−152 000	326 000
Financial Income	3 000	14 000	0	1 000
Financial Costs	68 000	68 000	98 000	161 000
Financial Balance	−65 000	−54 000	−98 000	−160 000
Earnings Before Tax	−3 808 000	−2 046 000	−249 000	166 000
Tax	0	0	0	0
Net Income	−3 808 000	−2 046 000	−1 549 000	166 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	682 000	877 000	1 014 000	1 223 000
Total Current Assets	2 523 000	5 323 000	7 376 000	6 844 000
Total Assets	3 205 000	6 200 000	8 389 000	8 068 000
Total Retained Equity	−11 463 000	−7 656 000	−5 610 000	−4 061 000
Total Equity	−9 128 000	−5 320 000	−3 275 000	−1 725 000
Total Long-Term Debt	4 840 000	4 770 000	3 905 000	3 076 000
Total Current Debt	7 493 000	6 751 000	7 759 000	6 716 000
Total Equity and Debt	3 205 000	6 200 000	8 389 000	8 068 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	8 423 000	21 589 000	28 572 000	22 039 000
Other Income	2 261 000	1 914 000	2 227 000	2 009 000
Revenue	10 684 000	23 503 000	30 799 000	24 048 000
Cost of Goods Sold	7 801 000	14 868 000	21 230 000	16 974 000
Salary Costs	3 616 000	7 476 000	5 690 000	3 953 000
Depreciation	279 000	295 000	244 000	192 000
Impairment	0	0	0	0
Expenditure	14 427 000	25 493 000	30 951 000	23 722 000
Operating Profit	−3 743 000	−1 991 000	−152 000	326 000
Financial Income	3 000	14 000	0	1 000
Financial Costs	68 000	68 000	98 000	161 000
Financial Balance	−65 000	−54 000	−98 000	−160 000
Dividends	0	0	0	0
Net Income	−3 808 000	−2 046 000	−1 549 000	166 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	155 000	258 000	361 000	464 000
Total Intangible Assets	155 000	258 000	361 000	464 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	126 000
Fixtures	527 000	620 000	653 000	633 000
Total Tangible Assets	527 000	620 000	653 000	759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	682 000	877 000	1 014 000	1 223 000
Stock	504 000	836 000	870 000	1 241 000
Total Investments	0	0	0	0
Cash, Bank	494 000	684 000	384 000	228 000
Total Current Assets	2 523 000	5 323 000	7 376 000	6 844 000
Total Assets	3 205 000	6 200 000	8 389 000	8 068 000
Total Equity	−9 128 000	−5 320 000	−3 275 000	−1 725 000
Short-Term Group Debt	397 000	96 000	0	0
Total Long-Term Debt	4 840 000	4 770 000	3 905 000	3 076 000
Creditors	2 203 000	2 968 000	5 068 000	4 354 000
Unpaid Taxes	637 000	1 104 000	734 000	1 066 000
Dividends	0	0	0	0
Other Current Debt	4 113 000	2 169 000	1 494 000	797 000
Total Current Debt	7 493 000	6 751 000	7 759 000	6 716 000
Total Equity and Debt	3 205 000	6 200 000	8 389 000	8 068 000

Financial indicators	2020	2019	2018	2017
Return on Equity	41,72 %	38,46 %	47,3 %	−9,62 %
Debt-to-Equity Ratio	−0,53	−0,9	−1,19	−1,78
Operating Profit Margin	−35,03 %	−8,47 %	−0,49 %	1,36 %
Current Ratio	0,34	0,79	0,95	1,02
Quick Ratio	0,36	0,9	1,07	1,25
Equity Ratio	−2,85	−0,86	−0,39	−0,21
Gross Profit Margin	26,98 %	36,74 %	31,07 %	29,42 %