J S REFSNÆS AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

3,35 %

Current Ratio

−17,32

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	579 000	485 000	769 000	325 000
Net Income	70 000	−64 000	−1 736 000	−51 000
Total Assets	2 312 000	2 196 000	2 193 000	4 503 000
Total Equity	2 088 000	2 017 000	1 982 000	3 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	579 000	485 000	769 000	325 000
Expenditure	489 000	569 000	2 871 000	407 000
Operating Profit	90 000	−83 000	−2 101 000	−81 000
Financial Income	0	1 000	11 000	25 000
Financial Costs	0	0	0	17 000
Financial Balance	0	1 000	11 000	8 000
Earnings Before Tax	90 000	−82 000	−2 090 000	−73 000
Tax	20 000	−18 000	−353 000	−22 000
Net Income	70 000	−64 000	−1 736 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 602 000	1 617 000	1 631 000	1 646 000
Total Current Assets	710 000	579 000	562 000	2 857 000
Total Assets	2 312 000	2 196 000	2 193 000	4 503 000
Total Retained Equity	1 588 000	1 517 000	1 482 000	3 218 000
Total Equity	2 088 000	2 017 000	1 982 000	3 718 000
Total Long-Term Debt	265 000	322 000	131 000	490 000
Total Current Debt	−41 000	−144 000	81 000	295 000
Total Equity and Debt	2 312 000	2 196 000	2 193 000	4 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	263 000	44 000	112 000	95 000
Other Income	316 000	441 000	657 000	230 000
Revenue	579 000	485 000	769 000	325 000
Cost of Goods Sold	189 000	315 000	1 255 000	123 000
Salary Costs	1 000	97 000	8 000	134 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	489 000	569 000	2 871 000	407 000
Operating Profit	90 000	−83 000	−2 101 000	−81 000
Financial Income	0	1 000	11 000	25 000
Financial Costs	0	0	0	17 000
Financial Balance	0	1 000	11 000	8 000
Dividends	0	0	0	0
Net Income	70 000	−64 000	−1 736 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 602 000	1 617 000	1 631 000	1 646 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 602 000	1 617 000	1 631 000	1 646 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 602 000	1 617 000	1 631 000	1 646 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	0	0	0
Cash, Bank	629 000	530 000	500 000	2 825 000
Total Current Assets	710 000	579 000	562 000	2 857 000
Total Assets	2 312 000	2 196 000	2 193 000	4 503 000
Total Equity	2 088 000	2 017 000	1 982 000	3 718 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	265 000	322 000	131 000	490 000
Creditors	19 000	11 000	119 000	19 000
Unpaid Taxes	−11 000	19 000	−2 000	87 000
Dividends	0	0	0	0
Other Current Debt	−126 000	−174 000	−36 000	88 000
Total Current Debt	−41 000	−144 000	81 000	295 000
Total Equity and Debt	2 312 000	2 196 000	2 193 000	4 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,35 %	−3,17 %	−87,59 %	−1,37 %
Debt-to-Equity Ratio	0,13	0,16	0,07	0,13
Operating Profit Margin	15,54 %	−17,11 %	−273,21 %	−24,92 %
Current Ratio	−17,32	−4,02	6,94	9,68
Quick Ratio	−10,76	−3,43	10,04	10,58
Equity Ratio	0,9	0,92	0,9	0,83
Gross Profit Margin	67,36 %	35,05 %	−63,2 %	62,15 %