ROMERIKE RØRTEKNIKK AS

2005 RÆLINGEN

Finances

Return on Equity

22,07 %

Current Ratio

4,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 449 000	5 651 000	4 466 000	2 637 000
Net Income	301 000	991 000	961 000	56 000
Total Assets	1 742 000	2 204 000	1 689 000	290 000
Total Equity	1 364 000	1 564 000	1 072 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 449 000	5 651 000	4 466 000	2 637 000
Expenditure	3 065 000	4 381 000	3 235 000	2 560 000
Operating Profit	385 000	1 271 000	1 232 000	78 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	7 000
Financial Balance	0	0	1 000	−7 000
Earnings Before Tax	385 000	1 271 000	1 233 000	71 000
Tax	85 000	280 000	272 000	16 000
Net Income	301 000	991 000	961 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	20 000	20 000	1 000
Total Current Assets	1 689 000	2 184 000	1 669 000	289 000
Total Assets	1 742 000	2 204 000	1 689 000	290 000
Total Retained Equity	1 324 000	1 524 000	1 032 000	71 000
Total Equity	1 364 000	1 564 000	1 072 000	111 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	377 000	640 000	616 000	179 000
Total Equity and Debt	1 742 000	2 204 000	1 689 000	290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 449 000	5 651 000	4 466 000	2 621 000
Other Income	0	0	0	17 000
Revenue	3 449 000	5 651 000	4 466 000	2 637 000
Cost of Goods Sold	1 899 000	3 443 000	2 290 000	1 600 000
Salary Costs	849 000	720 000	712 000	746 000
Depreciation	2 000	0	0	25 000
Impairment	0	0	0	0
Expenditure	3 065 000	4 381 000	3 235 000	2 560 000
Operating Profit	385 000	1 271 000	1 232 000	78 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	7 000
Financial Balance	0	0	1 000	−7 000
Dividends	0	0	0	0
Net Income	301 000	991 000	961 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	0	0	0
Total Tangible Assets	34 000	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	0
Total Fixed Assets	54 000	20 000	20 000	1 000
Stock	0	0	429 000	63 000
Total Investments	0	0	0	0
Cash, Bank	1 026 000	998 000	864 000	195 000
Total Current Assets	1 689 000	2 184 000	1 669 000	289 000
Total Assets	1 742 000	2 204 000	1 689 000	290 000
Total Equity	1 364 000	1 564 000	1 072 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	209 000	296 000	281 000	60 000
Dividends	0	0	0	0
Other Current Debt	84 000	65 000	65 000	102 000
Total Current Debt	377 000	640 000	616 000	179 000
Total Equity and Debt	1 742 000	2 204 000	1 689 000	290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,07 %	63,36 %	89,65 %	50,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,16 %	22,49 %	27,59 %	2,96 %
Current Ratio	4,48	3,41	2,71	1,61
Quick Ratio	4,48	3,41	8,93	2,49
Equity Ratio	0,78	0,71	0,63	0,38
Gross Profit Margin	44,94 %	39,07 %	48,72 %	39,32 %