ROLF EDVARDSEN MASKINENTREPRENØR AS

8850 HERØY

Finances

Share Ownership

Return on Equity

0,48 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 335 000	10 223 000	5 520 000	5 411 000
Net Income	13 000	1 246 000	−176 000	409 000
Total Assets	5 552 000	4 090 000	2 790 000	2 536 000
Total Equity	2 729 000	2 715 000	1 469 000	1 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 335 000	10 223 000	5 520 000	5 411 000
Expenditure	7 306 000	8 865 000	5 663 000	4 972 000
Operating Profit	29 000	1 358 000	−143 000	439 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	19 000	23 000	34 000	31 000
Financial Balance	−16 000	−22 000	−33 000	−30 000
Earnings Before Tax	13 000	1 336 000	−176 000	409 000
Tax	0	90 000	0	0
Net Income	13 000	1 246 000	−176 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 555 000	1 885 000	1 096 000	986 000
Total Current Assets	3 996 000	2 205 000	1 693 000	1 550 000
Total Assets	5 552 000	4 090 000	2 790 000	2 536 000
Total Retained Equity	2 629 000	2 615 000	1 369 000	1 545 000
Total Equity	2 729 000	2 715 000	1 469 000	1 645 000
Total Long-Term Debt	103 000	173 000	303 000	0
Total Current Debt	2 719 000	1 201 000	1 017 000	891 000
Total Equity and Debt	5 552 000	4 090 000	2 790 000	2 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 057 000	10 175 000	5 520 000	5 337 000
Other Income	278 000	48 000	0	73 000
Revenue	7 335 000	10 223 000	5 520 000	5 411 000
Cost of Goods Sold	2 327 000	4 246 000	1 383 000	1 223 000
Salary Costs	2 297 000	2 420 000	2 082 000	1 836 000
Depreciation	164 000	117 000	105 000	108 000
Impairment	0	0	0	0
Expenditure	7 306 000	8 865 000	5 663 000	4 972 000
Operating Profit	29 000	1 358 000	−143 000	439 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	19 000	23 000	34 000	31 000
Financial Balance	−16 000	−22 000	−33 000	−30 000
Dividends	0	0	0	0
Net Income	13 000	1 246 000	−176 000	409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	300 000	300 000	300 000
Machinery and Plant Facilities	893 000	887 000	455 000	192 000
Fixtures	0	0	0	0
Total Tangible Assets	893 000	1 187 000	755 000	492 000
Total Fiancial Fixed Assets	662 000	697 000	341 000	494 000
Total Fixed Assets	1 555 000	1 885 000	1 096 000	986 000
Stock	284 000	269 000	236 000	155 000
Total Investments	0	0	0	0
Cash, Bank	114 000	855 000	135 000	52 000
Total Current Assets	3 996 000	2 205 000	1 693 000	1 550 000
Total Assets	5 552 000	4 090 000	2 790 000	2 536 000
Total Equity	2 729 000	2 715 000	1 469 000	1 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	103 000	173 000	303 000	0
Creditors	2 006 000	554 000	480 000	104 000
Unpaid Taxes	300 000	356 000	299 000	413 000
Dividends	0	0	0	0
Other Current Debt	248 000	202 000	238 000	271 000
Total Current Debt	2 719 000	1 201 000	1 017 000	891 000
Total Equity and Debt	5 552 000	4 090 000	2 790 000	2 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,48 %	45,89 %	−11,98 %	24,86 %
Debt-to-Equity Ratio	0,04	0,06	0,21	0
Operating Profit Margin	0,4 %	13,28 %	−2,59 %	8,11 %
Current Ratio	1,47	1,84	1,66	1,74
Quick Ratio	1,64	2,37	2,17	2,11
Equity Ratio	0,49	0,66	0,53	0,65
Gross Profit Margin	68,28 %	58,47 %	74,95 %	77,4 %