ROLLS-ROYCE ELECTRICAL NORWAY AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

7,99 %

Current Ratio

5,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 375 000	119 010 000	141 964 000	141 121 000
Net Income	8 052 000	10 305 000	19 539 000	15 912 000
Total Assets	120 252 000	114 507 000	115 335 000	110 056 000
Total Equity	100 837 000	92 786 000	82 481 000	62 942 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 375 000	119 010 000	141 964 000	141 121 000
Expenditure	102 120 000	105 441 000	115 392 000	120 189 000
Operating Profit	10 256 000	13 569 000	26 572 000	20 933 000
Financial Income	105 000	48 000	845 000	81 000
Financial Costs	14 000	396 000	2 340 000	597 000
Financial Balance	91 000	−348 000	−1 495 000	−516 000
Earnings Before Tax	10 347 000	13 221 000	25 078 000	20 416 000
Tax	2 295 000	2 917 000	5 539 000	4 504 000
Net Income	8 052 000	10 305 000	19 539 000	15 912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 290 000	17 934 000	18 490 000	21 962 000
Total Current Assets	105 962 000	96 573 000	96 844 000	88 094 000
Total Assets	120 252 000	114 507 000	115 335 000	110 056 000
Total Retained Equity	43 807 000	35 756 000	25 451 000	5 912 000
Total Equity	100 837 000	92 786 000	82 481 000	62 942 000
Total Long-Term Debt	0	0	0	156 000
Total Current Debt	19 414 000	21 721 000	32 853 000	46 958 000
Total Equity and Debt	120 252 000	114 507 000	115 335 000	110 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 375 000	119 010 000	141 964 000	141 121 000
Other Income	0	0	0	0
Revenue	112 375 000	119 010 000	141 964 000	141 121 000
Cost of Goods Sold	9 392 000	9 438 000	25 690 000	48 459 000
Salary Costs	48 908 000	40 815 000	39 216 000	33 137 000
Depreciation	5 251 000	6 306 000	6 650 000	5 523 000
Impairment	0	0	0	0
Expenditure	102 120 000	105 441 000	115 392 000	120 189 000
Operating Profit	10 256 000	13 569 000	26 572 000	20 933 000
Financial Income	105 000	48 000	845 000	81 000
Financial Costs	14 000	396 000	2 340 000	597 000
Financial Balance	91 000	−348 000	−1 495 000	−516 000
Dividends	0	0	0	10 000 000
Net Income	8 052 000	10 305 000	19 539 000	15 912 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	1 084 000	2 941 000
Total Intangible Assets	2 079 000	2 433 000	3 327 000	5 104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 455 000	1 881 000	2 165 000	2 448 000
Fixtures	9 756 000	13 620 000	12 998 000	14 410 000
Total Tangible Assets	12 211 000	15 501 000	15 163 000	16 858 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 290 000	17 934 000	18 490 000	21 962 000
Stock	495 000	2 389 000	2 100 000	1 515 000
Total Investments	0	0	0	0
Cash, Bank	68 058 000	55 589 000	52 765 000	50 320 000
Total Current Assets	105 962 000	96 573 000	96 844 000	88 094 000
Total Assets	120 252 000	114 507 000	115 335 000	110 056 000
Total Equity	100 837 000	92 786 000	82 481 000	62 942 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	156 000
Creditors	4 484 000	7 739 000	8 937 000	11 820 000
Unpaid Taxes	3 334 000	2 316 000	2 393 000	2 139 000
Dividends	0	0	0	10 000 000
Other Current Debt	9 118 000	8 472 000	15 734 000	18 651 000
Total Current Debt	19 414 000	21 721 000	32 853 000	46 958 000
Total Equity and Debt	120 252 000	114 507 000	115 335 000	110 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,99 %	11,11 %	23,69 %	25,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,13 %	11,4 %	18,72 %	14,83 %
Current Ratio	5,46	4,45	2,95	1,88
Quick Ratio	5,6	5	3,15	1,94
Equity Ratio	0,84	0,81	0,72	0,57
Gross Profit Margin	91,64 %	92,07 %	81,9 %	65,66 %