ROV SALG & SERVICE AS

8317 STRØNSTAD

Finances

Share Ownership

Return on Equity

26,8 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 996 000	2 552 000	1 992 000
Net Income	−461 000	−665 000	−624 000
Total Assets	576 000	727 000	978 000
Total Equity	−1 720 000	−1 259 000	−594 000

Income (NOK)	2022	2021	2020
Revenue	2 996 000	2 552 000	1 992 000
Expenditure	3 307 000	3 218 000	2 613 000
Operating Profit	−312 000	−666 000	−622 000
Financial Income	0	6 000	2 000
Financial Costs	150 000	5 000	4 000
Financial Balance	−150 000	1 000	−2 000
Earnings Before Tax	−461 000	−665 000	−624 000
Tax	0	0	0
Net Income	−461 000	−665 000	−624 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	21 000	12 000	19 000
Total Current Assets	555 000	716 000	959 000
Total Assets	576 000	727 000	978 000
Total Retained Equity	−1 750 000	−1 289 000	−624 000
Total Equity	−1 720 000	−1 259 000	−594 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 296 000	1 986 000	1 571 000
Total Equity and Debt	576 000	727 000	978 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 996 000	2 552 000	1 497 000
Other Income	0	0	495 000
Revenue	2 996 000	2 552 000	1 992 000
Cost of Goods Sold	1 551 000	1 221 000	700 000
Salary Costs	900 000	1 166 000	1 203 000
Depreciation	7 000	7 000	2 000
Impairment	0	0	0
Expenditure	3 307 000	3 218 000	2 613 000
Operating Profit	−312 000	−666 000	−622 000
Financial Income	0	6 000	2 000
Financial Costs	150 000	5 000	4 000
Financial Balance	−150 000	1 000	−2 000
Dividends	0	0	0
Net Income	−461 000	−665 000	−624 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	21 000	12 000	19 000
Total Tangible Assets	21 000	12 000	19 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	21 000	12 000	19 000
Stock	262 000	326 000	396 000
Total Investments	0	0	0
Cash, Bank	161 000	199 000	509 000
Total Current Assets	555 000	716 000	959 000
Total Assets	576 000	727 000	978 000
Total Equity	−1 720 000	−1 259 000	−594 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	2 143 000	1 697 000	1 330 000
Unpaid Taxes	57 000	105 000	114 000
Dividends	0	0	0
Other Current Debt	96 000	184 000	128 000
Total Current Debt	2 296 000	1 986 000	1 571 000
Total Equity and Debt	576 000	727 000	978 000

Financial indicators	2022	2021	2020
Return on Equity	26,8 %	52,82 %	105,05 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−10,41 %	−26,1 %	−31,22 %
Current Ratio	0,24	0,36	0,61
Quick Ratio	0,27	0,43	0,82
Equity Ratio	−2,99	−1,73	−0,61
Gross Profit Margin	48,23 %	52,16 %	64,86 %