RØSSNES MASKIN AS

3148 HVASSER

Finances

Return on Equity

27,12 %

Current Ratio

4,53

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 483 000	4 664 000	3 862 000	3 316 000
Net Income	667 000	542 000	51 000	551 000
Total Assets	5 800 000	4 934 000	1 506 000	1 602 000
Total Equity	2 459 000	1 791 000	1 249 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 483 000	4 664 000	3 862 000	3 316 000
Expenditure	4 978 000	3 891 000	3 795 000	2 609 000
Operating Profit	504 000	774 000	66 000	707 000
Financial Income	455 000	0	0	1 000
Financial Costs	104 000	77 000	0	1 000
Financial Balance	351 000	−77 000	0	0
Earnings Before Tax	856 000	696 000	66 000	707 000
Tax	188 000	154 000	15 000	156 000
Net Income	667 000	542 000	51 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	473 000	212 000	196 000
Total Current Assets	5 562 000	4 461 000	1 295 000	1 406 000
Total Assets	5 800 000	4 934 000	1 506 000	1 602 000
Total Retained Equity	2 429 000	1 761 000	1 219 000	1 168 000
Total Equity	2 459 000	1 791 000	1 249 000	1 198 000
Total Long-Term Debt	2 112 000	2 658 000	11 000	9 000
Total Current Debt	1 229 000	485 000	246 000	395 000
Total Equity and Debt	5 800 000	4 934 000	1 506 000	1 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 483 000	4 660 000	3 882 000	3 401 000
Other Income	0	4 000	−20 000	−85 000
Revenue	5 483 000	4 664 000	3 862 000	3 316 000
Cost of Goods Sold	1 957 000	997 000	1 211 000	712 000
Salary Costs	813 000	1 121 000	1 083 000	865 000
Depreciation	65 000	55 000	44 000	10 000
Impairment	0	0	0	0
Expenditure	4 978 000	3 891 000	3 795 000	2 609 000
Operating Profit	504 000	774 000	66 000	707 000
Financial Income	455 000	0	0	1 000
Financial Costs	104 000	77 000	0	1 000
Financial Balance	351 000	−77 000	0	0
Dividends	0	0	0	0
Net Income	667 000	542 000	51 000	551 000

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	203 000	176 000	212 000	196 000
Total Tangible Assets	203 000	176 000	212 000	196 000
Total Fiancial Fixed Assets	35 000	298 000	0	0
Total Fixed Assets	238 000	473 000	212 000	196 000
Stock	0	0	0	0
Total Investments	3 332 000	3 332 000	0	0
Cash, Bank	1 621 000	1 006 000	852 000	1 119 000
Total Current Assets	5 562 000	4 461 000	1 295 000	1 406 000
Total Assets	5 800 000	4 934 000	1 506 000	1 602 000
Total Equity	2 459 000	1 791 000	1 249 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 112 000	2 658 000	11 000	9 000
Creditors	888 000	63 000	124 000	33 000
Unpaid Taxes	65 000	174 000	8 000	136 000
Dividends	0	0	0	0
Other Current Debt	88 000	90 000	100 000	79 000
Total Current Debt	1 229 000	485 000	246 000	395 000
Total Equity and Debt	5 800 000	4 934 000	1 506 000	1 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,12 %	30,26 %	4,08 %	45,99 %
Debt-to-Equity Ratio	0,86	1,48	0,01	0,01
Operating Profit Margin	9,19 %	16,6 %	1,71 %	21,32 %
Current Ratio	4,53	9,2	5,26	3,56
Quick Ratio	4,53	9,2	5,26	3,56
Equity Ratio	0,42	0,36	0,83	0,75
Gross Profit Margin	64,31 %	78,62 %	68,64 %	78,53 %