RADARREFLEX AS

5097 BERGEN

Finances

Share Ownership

Return on Equity

−85,71 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 000	231 000	78 000	82 000
Net Income	−18 000	42 000	14 000	−14 000
Total Assets	36 000	66 000	3 000	36 000
Total Equity	21 000	39 000	−2 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 000	231 000	78 000	82 000
Expenditure	90 000	189 000	65 000	95 000
Operating Profit	−18 000	43 000	14 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	−18 000	42 000	14 000	−14 000
Tax	0	0	0	0
Net Income	−18 000	42 000	14 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	0	0	0
Total Current Assets	12 000	66 000	3 000	36 000
Total Assets	36 000	66 000	3 000	36 000
Total Retained Equity	0	19 000	−23 000	−37 000
Total Equity	21 000	39 000	−2 000	−16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	27 000	5 000	52 000
Total Equity and Debt	36 000	66 000	3 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 000	231 000	60 000	79 000
Other Income	0	0	18 000	3 000
Revenue	71 000	231 000	78 000	82 000
Cost of Goods Sold	31 000	107 000	30 000	29 000
Salary Costs	0	2 000	1 000	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	90 000	189 000	65 000	95 000
Operating Profit	−18 000	43 000	14 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−18 000	42 000	14 000	−14 000

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	24 000	0	0	0
Total Tangible Assets	24 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	0	0	0
Stock	0	0	0	6 000
Total Investments	0	0	0	0
Cash, Bank	6 000	53 000	2 000	17 000
Total Current Assets	12 000	66 000	3 000	36 000
Total Assets	36 000	66 000	3 000	36 000
Total Equity	21 000	39 000	−2 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	24 000	0	52 000
Unpaid Taxes	0	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	12 000	3 000	0	0
Total Current Debt	15 000	27 000	5 000	52 000
Total Equity and Debt	36 000	66 000	3 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,71 %	107,69 %	−700 %	87,5 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−25,35 %	18,61 %	17,95 %	−15,85 %
Current Ratio	0,8	2,44	0,6	0,69
Quick Ratio	0,8	2,44	0,6	0,78
Equity Ratio	0,58	0,59	−0,67	−0,44
Gross Profit Margin	56,34 %	53,68 %	61,54 %	64,63 %