RFID SOLUTIONS AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

46,8 %

Current Ratio

2,67

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 816 000	14 843 000	11 669 000	11 937 000
Net Income	3 122 000	1 411 000	886 000	935 000
Total Assets	11 816 000	7 720 000	5 567 000	5 053 000
Total Equity	6 671 000	4 549 000	3 138 000	2 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 816 000	14 843 000	11 669 000	11 937 000
Expenditure	18 019 000	13 149 000	11 816 000	11 756 000
Operating Profit	3 629 000	1 694 000	−147 000	180 000
Financial Income	95 000	41 000	89 000	21 000
Financial Costs	166 000	234 000	177 000	131 000
Financial Balance	−71 000	−193 000	−88 000	−110 000
Earnings Before Tax	3 558 000	1 501 000	−235 000	69 000
Tax	436 000	89 000	−1 121 000	−865 000
Net Income	3 122 000	1 411 000	886 000	935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	163 000	185 000	181 000
Total Current Assets	11 603 000	7 557 000	5 382 000	4 872 000
Total Assets	11 816 000	7 720 000	5 567 000	5 053 000
Total Retained Equity	5 354 000	3 233 000	1 821 000	935 000
Total Equity	6 671 000	4 549 000	3 138 000	2 252 000
Total Long-Term Debt	792 000	983 000	1 871 000	1 829 000
Total Current Debt	4 353 000	2 188 000	559 000	972 000
Total Equity and Debt	11 816 000	7 720 000	5 567 000	5 053 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 432 000	13 159 000	11 511 000	11 820 000
Other Income	4 384 000	1 684 000	158 000	117 000
Revenue	20 816 000	14 843 000	11 669 000	11 937 000
Cost of Goods Sold	7 642 000	5 789 000	5 779 000	5 969 000
Salary Costs	7 561 000	5 247 000	4 460 000	3 872 000
Depreciation	51 000	60 000	77 000	74 000
Impairment	0	0	0	0
Expenditure	18 019 000	13 149 000	11 816 000	11 756 000
Operating Profit	3 629 000	1 694 000	−147 000	180 000
Financial Income	95 000	41 000	89 000	21 000
Financial Costs	166 000	234 000	177 000	131 000
Financial Balance	−71 000	−193 000	−88 000	−110 000
Dividends	1 000 000	0	0	0
Net Income	3 122 000	1 411 000	886 000	935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	53 000	68 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	57 000	64 000	89 000
Total Tangible Assets	101 000	57 000	64 000	89 000
Total Fiancial Fixed Assets	53 000	53 000	53 000	53 000
Total Fixed Assets	212 000	163 000	185 000	181 000
Stock	1 930 000	1 099 000	848 000	373 000
Total Investments	0	0	0	0
Cash, Bank	2 345 000	3 344 000	3 191 000	1 400 000
Total Current Assets	11 603 000	7 557 000	5 382 000	4 872 000
Total Assets	11 816 000	7 720 000	5 567 000	5 053 000
Total Equity	6 671 000	4 549 000	3 138 000	2 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	792 000	983 000	1 871 000	1 829 000
Creditors	1 098 000	436 000	619 000	567 000
Unpaid Taxes	1 005 000	846 000	617 000	922 000
Dividends	1 000 000	0	0	0
Other Current Debt	801 000	817 000	399 000	347 000
Total Current Debt	4 353 000	2 188 000	559 000	972 000
Total Equity and Debt	11 816 000	7 720 000	5 567 000	5 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,8 %	31,02 %	28,23 %	41,52 %
Debt-to-Equity Ratio	0,12	0,22	0,6	0,81
Operating Profit Margin	17,43 %	11,41 %	−1,26 %	1,51 %
Current Ratio	2,67	3,45	9,63	5,01
Quick Ratio	4,79	6,94	−18,62	8,13
Equity Ratio	0,56	0,59	0,56	0,45
Gross Profit Margin	63,29 %	61 %	50,48 %	50 %