RMCO AS

9405 HARSTAD

Finances

Return on Equity

46,2 %

Current Ratio

5,27

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2020	2019	2018
Revenue	359 000	391 000	317 000
Net Income	280 000	224 000	232 000
Total Assets	780 000	388 000	334 000
Total Equity	606 000	326 000	262 000

Income (NOK)	2020	2019	2018
Revenue	359 000	391 000	317 000
Expenditure	42 000	111 000	6 000
Operating Profit	317 000	280 000	312 000
Financial Income	42 000	15 000	0
Financial Costs	3 000	9 000	8 000
Financial Balance	39 000	6 000	−8 000
Earnings Before Tax	356 000	286 000	304 000
Tax	76 000	62 000	72 000
Net Income	280 000	224 000	232 000

Balance (NOK)	2020	2019	2018
Total Fixed Assets	258 000	134 000	0
Total Current Assets	522 000	254 000	334 000
Total Assets	780 000	388 000	334 000
Total Retained Equity	576 000	296 000	232 000
Total Equity	606 000	326 000	262 000
Total Long-Term Debt	75 000	0	0
Total Current Debt	99 000	62 000	72 000
Total Equity and Debt	780 000	388 000	334 000

Cash flow (NOK)	2020	2019	2018
Sales Income	0	0	0
Other Income	359 000	391 000	317 000
Revenue	359 000	391 000	317 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	42 000	111 000	6 000
Operating Profit	317 000	280 000	312 000
Financial Income	42 000	15 000	0
Financial Costs	3 000	9 000	8 000
Financial Balance	39 000	6 000	−8 000
Dividends	0	160 000	0
Net Income	280 000	224 000	232 000

Balance details (NOK)	2020	2019	2018
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	258 000	134 000	0
Total Fixed Assets	258 000	134 000	0
Stock	0	0	0
Total Investments	0	37 000	35 000
Cash, Bank	28 000	15 000	98 000
Total Current Assets	522 000	254 000	334 000
Total Assets	780 000	388 000	334 000
Total Equity	606 000	326 000	262 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	75 000	0	0
Creditors	23 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	160 000	0
Other Current Debt	0	0	0
Total Current Debt	99 000	62 000	72 000
Total Equity and Debt	780 000	388 000	334 000

Financial indicators	2020	2019	2018
Return on Equity	46,2 %	68,71 %	88,55 %
Debt-to-Equity Ratio	0,12	0	0
Operating Profit Margin	88,3 %	71,61 %	98,42 %
Current Ratio	5,27	4,1	4,64
Quick Ratio	5,27	4,1	4,64
Equity Ratio	0,78	0,84	0,78
Gross Profit Margin	100 %	100 %	100 %