ROMERIKE ELEKTRO AS

2040 KLØFTA

Finances

Return on Equity

−38,21 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 845 000	119 914 000	82 354 000	128 171 000
Net Income	−6 011 000	1 273 000	5 073 000	5 949 000
Total Assets	53 070 000	55 417 000	51 685 000	79 385 000
Total Equity	15 732 000	25 467 000	26 850 000	23 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 845 000	119 914 000	82 354 000	128 171 000
Expenditure	109 550 000	118 204 000	75 769 000	120 462 000
Operating Profit	−7 705 000	1 709 000	6 585 000	7 709 000
Financial Income	49 000	21 000	15 000	23 000
Financial Costs	49 000	62 000	73 000	79 000
Financial Balance	0	−41 000	−58 000	−56 000
Earnings Before Tax	−7 705 000	1 668 000	6 527 000	7 652 000
Tax	−1 694 000	395 000	1 455 000	1 704 000
Net Income	−6 011 000	1 273 000	5 073 000	5 949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	599 000	690 000	821 000	1 110 000
Total Current Assets	52 471 000	54 727 000	50 864 000	78 275 000
Total Assets	53 070 000	55 417 000	51 685 000	79 385 000
Total Retained Equity	0	16 062 000	17 445 000	13 726 000
Total Equity	15 732 000	25 467 000	26 850 000	23 132 000
Total Long-Term Debt	3 754 000	4 296 000	5 186 000	4 485 000
Total Current Debt	33 584 000	25 654 000	19 649 000	51 769 000
Total Equity and Debt	53 070 000	55 417 000	51 685 000	79 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 845 000	119 914 000	82 354 000	128 171 000
Other Income	0	0	0	0
Revenue	101 845 000	119 914 000	82 354 000	128 171 000
Cost of Goods Sold	58 107 000	66 306 000	32 031 000	76 858 000
Salary Costs	39 020 000	40 404 000	33 660 000	32 101 000
Depreciation	116 000	145 000	319 000	481 000
Impairment	0	0	0	0
Expenditure	109 550 000	118 204 000	75 769 000	120 462 000
Operating Profit	−7 705 000	1 709 000	6 585 000	7 709 000
Financial Income	49 000	21 000	15 000	23 000
Financial Costs	49 000	62 000	73 000	79 000
Financial Balance	0	−41 000	−58 000	−56 000
Dividends	14 000 000	0	0	20 000 000
Net Income	−6 011 000	1 273 000	5 073 000	5 949 000

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	589 000	680 000	811 000	1 073 000
Total Tangible Assets	589 000	680 000	811 000	1 073 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	38 000
Total Fixed Assets	599 000	690 000	821 000	1 110 000
Stock	737 000	560 000	643 000	643 000
Total Investments	9 000	9 000	9 000	9 000
Cash, Bank	1 523 000	1 564 000	1 365 000	1 176 000
Total Current Assets	52 471 000	54 727 000	50 864 000	78 275 000
Total Assets	53 070 000	55 417 000	51 685 000	79 385 000
Total Equity	15 732 000	25 467 000	26 850 000	23 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 754 000	4 296 000	5 186 000	4 485 000
Creditors	11 698 000	4 001 000	4 394 000	6 163 000
Unpaid Taxes	4 690 000	6 026 000	3 474 000	3 597 000
Dividends	14 000 000	0	0	20 000 000
Other Current Debt	17 195 000	15 091 000	11 409 000	22 009 000
Total Current Debt	33 584 000	25 654 000	19 649 000	51 769 000
Total Equity and Debt	53 070 000	55 417 000	51 685 000	79 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,21 %	5 %	18,89 %	25,72 %
Debt-to-Equity Ratio	0,24	0,17	0,19	0,19
Operating Profit Margin	−7,57 %	1,43 %	8 %	6,01 %
Current Ratio	1,56	2,13	2,59	1,51
Quick Ratio	1,6	2,18	2,68	1,53
Equity Ratio	0,3	0,46	0,52	0,29
Gross Profit Margin	42,95 %	44,71 %	61,11 %	40,03 %