REFSETH TRANSPORT AS

7295 ROGNES

Finances

Share Ownership

Return on Equity

12,81 %

Current Ratio

3,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 496 000	9 079 000	8 716 000	7 831 000
Net Income	656 000	845 000	908 000	257 000
Total Assets	7 018 000	6 421 000	5 878 000	5 390 000
Total Equity	5 121 000	4 465 000	3 621 000	3 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 496 000	9 079 000	8 716 000	7 831 000
Expenditure	9 654 000	7 994 000	7 534 000	7 475 000
Operating Profit	842 000	1 086 000	1 182 000	356 000
Financial Income	0	0	1 000	4 000
Financial Costs	1 000	3 000	19 000	31 000
Financial Balance	−1 000	−3 000	−18 000	−27 000
Earnings Before Tax	841 000	1 083 000	1 165 000	329 000
Tax	185 000	238 000	256 000	72 000
Net Income	656 000	845 000	908 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	770 000	403 000	709 000	927 000
Total Current Assets	6 247 000	6 019 000	5 169 000	4 462 000
Total Assets	7 018 000	6 421 000	5 878 000	5 390 000
Total Retained Equity	5 021 000	4 365 000	3 521 000	3 012 000
Total Equity	5 121 000	4 465 000	3 621 000	3 112 000
Total Long-Term Debt	0	0	206 000	481 000
Total Current Debt	1 896 000	1 956 000	2 051 000	1 796 000
Total Equity and Debt	7 018 000	6 421 000	5 878 000	5 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 496 000	9 079 000	8 376 000	7 831 000
Other Income	0	0	340 000	0
Revenue	10 496 000	9 079 000	8 716 000	7 831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 233 000	4 507 000	4 078 000	4 074 000
Depreciation	0	246 000	561 000	565 000
Impairment	0	0	0	0
Expenditure	9 654 000	7 994 000	7 534 000	7 475 000
Operating Profit	842 000	1 086 000	1 182 000	356 000
Financial Income	0	0	1 000	4 000
Financial Costs	1 000	3 000	19 000	31 000
Financial Balance	−1 000	−3 000	−18 000	−27 000
Dividends	0	0	400 000	400 000
Net Income	656 000	845 000	908 000	257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	119 000	98 000	92 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	246 000	807 000
Total Tangible Assets	0	0	246 000	807 000
Total Fiancial Fixed Assets	678 000	284 000	365 000	28 000
Total Fixed Assets	770 000	403 000	709 000	927 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 989 000	4 900 000	4 145 000	2 802 000
Total Current Assets	6 247 000	6 019 000	5 169 000	4 462 000
Total Assets	7 018 000	6 421 000	5 878 000	5 390 000
Total Equity	5 121 000	4 465 000	3 621 000	3 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	206 000	481 000
Creditors	613 000	304 000	209 000	189 000
Unpaid Taxes	705 000	1 019 000	845 000	763 000
Dividends	0	0	400 000	400 000
Other Current Debt	419 000	374 000	335 000	326 000
Total Current Debt	1 896 000	1 956 000	2 051 000	1 796 000
Total Equity and Debt	7 018 000	6 421 000	5 878 000	5 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,81 %	18,92 %	25,08 %	8,26 %
Debt-to-Equity Ratio	0	0	0,06	0,15
Operating Profit Margin	8,02 %	11,96 %	13,56 %	4,55 %
Current Ratio	3,29	3,08	2,52	2,48
Quick Ratio	3,29	3,08	2,52	2,48
Equity Ratio	0,73	0,7	0,62	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %