ROMSELAND & CO AS

5566 HERVIK

Finances

Return on Equity

−67,41 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 196 000	9 124 000	9 452 000	7 593 000
Net Income	−852 000	−193 000	116 000	−189 000
Total Assets	3 533 000	3 221 000	3 395 000	3 080 000
Total Equity	1 264 000	2 117 000	2 310 000	2 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 196 000	9 124 000	9 452 000	7 593 000
Expenditure	10 046 000	9 195 000	9 302 000	7 833 000
Operating Profit	−850 000	−71 000	151 000	−239 000
Financial Income	1 000	0	0	7 000
Financial Costs	3 000	3 000	2 000	10 000
Financial Balance	−2 000	−3 000	−2 000	−3 000
Earnings Before Tax	−852 000	−74 000	149 000	−243 000
Tax	0	119 000	33 000	−53 000
Net Income	−852 000	−193 000	116 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 448 000	1 645 000	1 611 000	1 574 000
Total Current Assets	2 085 000	1 576 000	1 783 000	1 506 000
Total Assets	3 533 000	3 221 000	3 395 000	3 080 000
Total Retained Equity	1 164 000	2 017 000	2 210 000	2 093 000
Total Equity	1 264 000	2 117 000	2 310 000	2 193 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 269 000	1 104 000	1 085 000	886 000
Total Equity and Debt	3 533 000	3 221 000	3 395 000	3 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 075 000	8 960 000	9 066 000	7 358 000
Other Income	121 000	164 000	386 000	235 000
Revenue	9 196 000	9 124 000	9 452 000	7 593 000
Cost of Goods Sold	7 181 000	6 809 000	6 880 000	5 546 000
Salary Costs	1 224 000	1 155 000	1 293 000	1 102 000
Depreciation	217 000	177 000	154 000	168 000
Impairment	0	0	0	0
Expenditure	10 046 000	9 195 000	9 302 000	7 833 000
Operating Profit	−850 000	−71 000	151 000	−239 000
Financial Income	1 000	0	0	7 000
Financial Costs	3 000	3 000	2 000	10 000
Financial Balance	−2 000	−3 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−852 000	−193 000	116 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	119 000	152 000
Real Eastate	315 000	394 000	490 000	551 000
Machinery and Plant Facilities	325 000	413 000	151 000	87 000
Fixtures	24 000	55 000	67 000	0
Total Tangible Assets	664 000	861 000	708 000	638 000
Total Fiancial Fixed Assets	784 000	784 000	784 000	784 000
Total Fixed Assets	1 448 000	1 645 000	1 611 000	1 574 000
Stock	928 000	916 000	828 000	823 000
Total Investments	0	0	0	0
Cash, Bank	679 000	104 000	148 000	105 000
Total Current Assets	2 085 000	1 576 000	1 783 000	1 506 000
Total Assets	3 533 000	3 221 000	3 395 000	3 080 000
Total Equity	1 264 000	2 117 000	2 310 000	2 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	834 000	325 000	335 000	219 000
Unpaid Taxes	271 000	141 000	124 000	94 000
Dividends	0	0	0	0
Other Current Debt	1 164 000	638 000	627 000	573 000
Total Current Debt	2 269 000	1 104 000	1 085 000	886 000
Total Equity and Debt	3 533 000	3 221 000	3 395 000	3 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,41 %	−9,12 %	5,02 %	−8,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,24 %	−0,78 %	1,6 %	−3,15 %
Current Ratio	0,92	1,43	1,64	1,7
Quick Ratio	1,55	8,38	6,94	23,9
Equity Ratio	0,36	0,66	0,68	0,71
Gross Profit Margin	21,91 %	25,37 %	27,21 %	26,96 %