ROMEC ELEKTRO AS

3359 EGGEDAL

Finances

Return on Equity

42,83 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 021 000	6 206 000	6 302 000	5 989 000
Net Income	582 000	294 000	400 000	297 000
Total Assets	3 297 000	2 493 000	2 719 000	1 954 000
Total Equity	1 359 000	777 000	683 000	583 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 021 000	6 206 000	6 302 000	5 989 000
Expenditure	7 461 000	5 892 000	5 772 000	5 594 000
Operating Profit	762 000	375 000	530 000	396 000
Financial Income	0	0	0	0
Financial Costs	16 000	10 000	16 000	15 000
Financial Balance	−16 000	−10 000	−16 000	−15 000
Earnings Before Tax	746 000	365 000	515 000	381 000
Tax	164 000	70 000	115 000	84 000
Net Income	582 000	294 000	400 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	41 000	70 000	124 000
Total Current Assets	3 266 000	2 452 000	2 649 000	1 830 000
Total Assets	3 297 000	2 493 000	2 719 000	1 954 000
Total Retained Equity	1 259 000	677 000	583 000	483 000
Total Equity	1 359 000	777 000	683 000	583 000
Total Long-Term Debt	1 000	5 000	15 000	72 000
Total Current Debt	1 938 000	1 711 000	2 021 000	1 298 000
Total Equity and Debt	3 297 000	2 493 000	2 719 000	1 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 858 000	5 755 000	6 270 000	5 989 000
Other Income	163 000	451 000	32 000	0
Revenue	8 021 000	6 206 000	6 302 000	5 989 000
Cost of Goods Sold	3 291 000	2 704 000	2 596 000	2 727 000
Salary Costs	3 103 000	2 248 000	2 322 000	1 999 000
Depreciation	10 000	15 000	26 000	24 000
Impairment	0	0	0	0
Expenditure	7 461 000	5 892 000	5 772 000	5 594 000
Operating Profit	762 000	375 000	530 000	396 000
Financial Income	0	0	0	0
Financial Costs	16 000	10 000	16 000	15 000
Financial Balance	−16 000	−10 000	−16 000	−15 000
Dividends	0	200 000	300 000	200 000
Net Income	582 000	294 000	400 000	297 000

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	28 000	38 000	67 000	94 000
Total Tangible Assets	28 000	38 000	67 000	94 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	30 000
Total Fixed Assets	31 000	41 000	70 000	124 000
Stock	1 534 000	1 168 000	735 000	706 000
Total Investments	28 000	28 000	28 000	0
Cash, Bank	73 000	472 000	182 000	317 000
Total Current Assets	3 266 000	2 452 000	2 649 000	1 830 000
Total Assets	3 297 000	2 493 000	2 719 000	1 954 000
Total Equity	1 359 000	777 000	683 000	583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	5 000	15 000	72 000
Creditors	556 000	329 000	284 000	302 000
Unpaid Taxes	529 000	495 000	534 000	307 000
Dividends	0	200 000	300 000	200 000
Other Current Debt	587 000	322 000	788 000	405 000
Total Current Debt	1 938 000	1 711 000	2 021 000	1 298 000
Total Equity and Debt	3 297 000	2 493 000	2 719 000	1 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,83 %	37,84 %	58,57 %	50,94 %
Debt-to-Equity Ratio	0	0,01	0,02	0,12
Operating Profit Margin	9,5 %	6,04 %	8,41 %	6,61 %
Current Ratio	1,69	1,43	1,31	1,41
Quick Ratio	8,08	4,52	2,06	3,09
Equity Ratio	0,41	0,31	0,25	0,3
Gross Profit Margin	58,97 %	56,43 %	58,81 %	54,47 %