ROMERIKE ARMERING AS

1860 TRØGSTAD

Finances

Share Ownership

Return on Equity

85,58 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 763 000	26 162 000	27 665 000	36 613 000
Net Income	1 977 000	1 233 000	2 034 000	4 268 000
Total Assets	8 843 000	6 726 000	7 223 000	8 065 000
Total Equity	2 310 000	2 434 000	2 701 000	2 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 763 000	26 162 000	27 665 000	36 613 000
Expenditure	24 331 000	24 643 000	25 148 000	31 262 000
Operating Profit	2 431 000	1 519 000	2 515 000	5 351 000
Financial Income	103 000	65 000	93 000	123 000
Financial Costs	0	0	0	2 000
Financial Balance	103 000	65 000	93 000	121 000
Earnings Before Tax	2 534 000	1 584 000	2 608 000	5 472 000
Tax	558 000	351 000	574 000	1 204 000
Net Income	1 977 000	1 233 000	2 034 000	4 268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	683 000	465 000	432 000	296 000
Total Current Assets	8 160 000	6 261 000	6 791 000	7 769 000
Total Assets	8 843 000	6 726 000	7 223 000	8 065 000
Total Retained Equity	1 749 000	1 872 000	2 139 000	2 055 000
Total Equity	2 310 000	2 434 000	2 701 000	2 616 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 533 000	4 293 000	4 522 000	5 449 000
Total Equity and Debt	8 843 000	6 726 000	7 223 000	8 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 079 000	25 514 000	26 987 000	35 822 000
Other Income	684 000	648 000	678 000	791 000
Revenue	26 763 000	26 162 000	27 665 000	36 613 000
Cost of Goods Sold	5 080 000	5 985 000	8 424 000	11 457 000
Salary Costs	16 779 000	16 129 000	14 244 000	16 957 000
Depreciation	52 000	76 000	75 000	83 000
Impairment	0	0	0	0
Expenditure	24 331 000	24 643 000	25 148 000	31 262 000
Operating Profit	2 431 000	1 519 000	2 515 000	5 351 000
Financial Income	103 000	65 000	93 000	123 000
Financial Costs	0	0	0	2 000
Financial Balance	103 000	65 000	93 000	121 000
Dividends	2 100 000	0	0	0
Net Income	1 977 000	1 233 000	2 034 000	4 268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	30 000	26 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	72 000	0	0	0
Fixtures	40 000	83 000	125 000	200 000
Total Tangible Assets	112 000	83 000	125 000	200 000
Total Fiancial Fixed Assets	542 000	351 000	281 000	74 000
Total Fixed Assets	683 000	465 000	432 000	296 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 435 000	4 234 000	3 565 000	4 638 000
Total Current Assets	8 160 000	6 261 000	6 791 000	7 769 000
Total Assets	8 843 000	6 726 000	7 223 000	8 065 000
Total Equity	2 310 000	2 434 000	2 701 000	2 616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	324 000	137 000	898 000	586 000
Unpaid Taxes	2 006 000	2 260 000	1 701 000	1 884 000
Dividends	2 100 000	0	0	0
Other Current Debt	1 546 000	1 540 000	1 347 000	1 762 000
Total Current Debt	6 533 000	4 293 000	4 522 000	5 449 000
Total Equity and Debt	8 843 000	6 726 000	7 223 000	8 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,58 %	50,66 %	75,31 %	163,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,08 %	5,81 %	9,09 %	14,62 %
Current Ratio	1,25	1,46	1,5	1,43
Quick Ratio	1,25	1,46	1,5	1,43
Equity Ratio	0,26	0,36	0,37	0,32
Gross Profit Margin	81,02 %	77,12 %	69,55 %	68,71 %