ROLFS ELEKTRO AS

4614 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

22,6 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 321 000	72 529 000	69 067 000	59 506 000
Net Income	2 283 000	3 152 000	3 067 000	1 951 000
Total Assets	26 369 000	28 495 000	21 426 000	20 883 000
Total Equity	10 103 000	10 120 000	10 118 000	12 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 321 000	72 529 000	69 067 000	59 506 000
Expenditure	64 144 000	68 353 000	64 934 000	56 810 000
Operating Profit	3 177 000	4 176 000	4 133 000	2 696 000
Financial Income	0	0	0	1 000
Financial Costs	251 000	131 000	52 000	193 000
Financial Balance	−251 000	−131 000	−52 000	−192 000
Earnings Before Tax	2 927 000	4 045 000	4 081 000	2 504 000
Tax	644 000	892 000	1 014 000	552 000
Net Income	2 283 000	3 152 000	3 067 000	1 951 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	507 000	720 000	558 000	617 000
Total Current Assets	25 862 000	27 775 000	20 868 000	20 266 000
Total Assets	26 369 000	28 495 000	21 426 000	20 883 000
Total Retained Equity	9 113 000	9 130 000	9 128 000	11 371 000
Total Equity	10 103 000	10 120 000	10 118 000	12 361 000
Total Long-Term Debt	4 500 000	5 000 000	133 000	933 000
Total Current Debt	11 766 000	13 374 000	11 175 000	7 589 000
Total Equity and Debt	26 369 000	28 495 000	21 426 000	20 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 010 000	72 340 000	69 223 000	59 460 000
Other Income	311 000	190 000	−156 000	46 000
Revenue	67 321 000	72 529 000	69 067 000	59 506 000
Cost of Goods Sold	45 990 000	49 582 000	47 287 000	40 119 000
Salary Costs	11 271 000	11 797 000	11 117 000	10 047 000
Depreciation	230 000	308 000	296 000	325 000
Impairment	0	0	0	0
Expenditure	64 144 000	68 353 000	64 934 000	56 810 000
Operating Profit	3 177 000	4 176 000	4 133 000	2 696 000
Financial Income	0	0	0	1 000
Financial Costs	251 000	131 000	52 000	193 000
Financial Balance	−251 000	−131 000	−52 000	−192 000
Dividends	2 300 000	3 150 000	3 000 000	0
Net Income	2 283 000	3 152 000	3 067 000	1 951 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	60 000	76 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	452 000	660 000	483 000	547 000
Total Tangible Assets	452 000	660 000	483 000	547 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	507 000	720 000	558 000	617 000
Stock	20 662 000	19 844 000	15 991 000	14 340 000
Total Investments	0	0	0	0
Cash, Bank	631 000	3 384 000	1 588 000	857 000
Total Current Assets	25 862 000	27 775 000	20 868 000	20 266 000
Total Assets	26 369 000	28 495 000	21 426 000	20 883 000
Total Equity	10 103 000	10 120 000	10 118 000	12 361 000
Short-Term Group Debt	196 000	456 000	0	0
Total Long-Term Debt	4 500 000	5 000 000	133 000	933 000
Creditors	4 086 000	3 780 000	3 421 000	4 615 000
Unpaid Taxes	863 000	1 193 000	1 673 000	650 000
Dividends	2 300 000	3 150 000	3 000 000	0
Other Current Debt	3 682 000	3 920 000	2 177 000	1 727 000
Total Current Debt	11 766 000	13 374 000	11 175 000	7 589 000
Total Equity and Debt	26 369 000	28 495 000	21 426 000	20 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,6 %	31,15 %	30,31 %	15,78 %
Debt-to-Equity Ratio	0,45	0,49	0,01	0,08
Operating Profit Margin	4,72 %	5,76 %	5,98 %	4,53 %
Current Ratio	2,2	2,08	1,87	2,67
Quick Ratio	−2,91	−4,29	−4,33	−3
Equity Ratio	0,38	0,36	0,47	0,59
Gross Profit Margin	31,69 %	31,64 %	31,53 %	32,58 %