ROV MANAGEMENT AS

5037 BERGEN

Finances

Return on Equity

7,93 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	464 000	520 000	881 000
Net Income	51 000	5 000	563 000
Total Assets	905 000	657 000	840 000
Total Equity	643 000	593 000	587 000

Income (NOK)	2022	2021	2020
Revenue	464 000	520 000	881 000
Expenditure	476 000	510 000	172 000
Operating Profit	−12 000	10 000	709 000
Financial Income	61 000	0	13 000
Financial Costs	0	3 000	3 000
Financial Balance	61 000	−3 000	10 000
Earnings Before Tax	49 000	7 000	720 000
Tax	−2 000	1 000	157 000
Net Income	51 000	5 000	563 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	641 000	445 000	0
Total Current Assets	265 000	212 000	840 000
Total Assets	905 000	657 000	840 000
Total Retained Equity	619 000	568 000	563 000
Total Equity	643 000	593 000	587 000
Total Long-Term Debt	0	1 000	0
Total Current Debt	262 000	63 000	253 000
Total Equity and Debt	905 000	657 000	840 000

Cash flow (NOK)	2022	2021	2020
Sales Income	464 000	520 000	881 000
Other Income	0	0	0
Revenue	464 000	520 000	881 000
Cost of Goods Sold	0	45 000	0
Salary Costs	412 000	385 000	67 000
Depreciation	20 000	2 000	0
Impairment	0	0	0
Expenditure	476 000	510 000	172 000
Operating Profit	−12 000	10 000	709 000
Financial Income	61 000	0	13 000
Financial Costs	0	3 000	3 000
Financial Balance	61 000	−3 000	10 000
Dividends	0	0	0
Net Income	51 000	5 000	563 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	178 000	198 000	0
Fixtures	0	0	0
Total Tangible Assets	178 000	198 000	0
Total Fiancial Fixed Assets	462 000	247 000	0
Total Fixed Assets	641 000	445 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	252 000	211 000	680 000
Total Current Assets	265 000	212 000	840 000
Total Assets	905 000	657 000	840 000
Total Equity	643 000	593 000	587 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	0
Creditors	189 000	0	37 000
Unpaid Taxes	35 000	26 000	53 000
Dividends	0	0	0
Other Current Debt	39 000	36 000	6 000
Total Current Debt	262 000	63 000	253 000
Total Equity and Debt	905 000	657 000	840 000

Financial indicators	2022	2021	2020
Return on Equity	7,93 %	0,84 %	95,91 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−2,59 %	1,92 %	80,48 %
Current Ratio	1,01	3,37	3,32
Quick Ratio	1,01	3,37	3,32
Equity Ratio	0,71	0,9	0,7
Gross Profit Margin	100 %	91,35 %	100 %