ROLFSEN AS

3126 TØNSBERG

Finances

Return on Equity

40,84 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 713 000	10 649 000	8 998 000	10 964 000
Net Income	2 121 000	1 753 000	956 000	1 484 000
Total Assets	9 244 000	7 927 000	5 793 000	7 722 000
Total Equity	5 193 000	5 072 000	4 319 000	3 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 713 000	10 649 000	8 998 000	10 964 000
Expenditure	9 998 000	8 395 000	7 767 000	9 059 000
Operating Profit	2 716 000	2 253 000	1 231 000	1 905 000
Financial Income	11 000	0	1 000	2 000
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	10 000	−1 000	−3 000	1 000
Earnings Before Tax	2 726 000	2 253 000	1 228 000	1 906 000
Tax	604 000	500 000	272 000	422 000
Net Income	2 121 000	1 753 000	956 000	1 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	108 000	191 000	281 000
Total Current Assets	9 187 000	7 819 000	5 602 000	7 441 000
Total Assets	9 244 000	7 927 000	5 793 000	7 722 000
Total Retained Equity	5 093 000	4 972 000	4 219 000	3 262 000
Total Equity	5 193 000	5 072 000	4 319 000	3 362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 051 000	2 856 000	1 474 000	4 359 000
Total Equity and Debt	9 244 000	7 927 000	5 793 000	7 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 713 000	10 282 000	8 891 000	10 964 000
Other Income	0	367 000	107 000	0
Revenue	12 713 000	10 649 000	8 998 000	10 964 000
Cost of Goods Sold	5 889 000	4 369 000	4 016 000	5 012 000
Salary Costs	2 513 000	2 403 000	2 157 000	2 411 000
Depreciation	73 000	82 000	82 000	116 000
Impairment	0	0	0	0
Expenditure	9 998 000	8 395 000	7 767 000	9 059 000
Operating Profit	2 716 000	2 253 000	1 231 000	1 905 000
Financial Income	11 000	0	1 000	2 000
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	10 000	−1 000	−3 000	1 000
Dividends	2 000 000	1 000 000	0	3 500 000
Net Income	2 121 000	1 753 000	956 000	1 484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	85 000	167 000	257 000
Total Tangible Assets	12 000	85 000	167 000	257 000
Total Fiancial Fixed Assets	44 000	24 000	24 000	24 000
Total Fixed Assets	56 000	108 000	191 000	281 000
Stock	1 628 000	1 847 000	1 931 000	1 978 000
Total Investments	0	0	0	0
Cash, Bank	5 551 000	4 968 000	3 648 000	4 110 000
Total Current Assets	9 187 000	7 819 000	5 602 000	7 441 000
Total Assets	9 244 000	7 927 000	5 793 000	7 722 000
Total Equity	5 193 000	5 072 000	4 319 000	3 362 000
Short-Term Group Debt	0	0	0	214 000
Total Long-Term Debt	0	0	0	0
Creditors	262 000	135 000	85 000	211 000
Unpaid Taxes	578 000	652 000	556 000	626 000
Dividends	2 000 000	1 000 000	0	3 500 000
Other Current Debt	606 000	569 000	561 000	386 000
Total Current Debt	4 051 000	2 856 000	1 474 000	4 359 000
Total Equity and Debt	9 244 000	7 927 000	5 793 000	7 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,84 %	34,56 %	22,13 %	44,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,36 %	21,16 %	13,68 %	17,38 %
Current Ratio	2,27	2,74	3,8	1,71
Quick Ratio	3,79	7,75	−12,26	3,13
Equity Ratio	0,56	0,64	0,75	0,44
Gross Profit Margin	53,68 %	58,97 %	55,37 %	54,29 %