REF INVEST AS

6973 SANDE I SUNNFJORD

Finances

Return on Equity

87,54 %

Current Ratio

0,86

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 332 000	2 703 000	3 090 000	2 829 000
Total Assets	12 700 000	13 000 000	13 400 000	13 300 000
Total Equity	2 664 000	332 000	229 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	25 000	9 000	31 000
Operating Profit	−19 000	−25 000	−9 000	−31 000
Financial Income	2 700 000	3 000 000	3 400 000	3 300 000
Financial Costs	341 000	243 000	275 000	435 000
Financial Balance	2 359 000	2 757 000	3 125 000	2 865 000
Earnings Before Tax	2 341 000	2 732 000	3 116 000	2 834 000
Tax	9 000	29 000	25 000	5 000
Net Income	2 332 000	2 703 000	3 090 000	2 829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Total Current Assets	2 700 000	3 000 000	3 400 000	3 300 000
Total Assets	12 700 000	13 000 000	13 400 000	13 300 000
Total Retained Equity	2 564 000	232 000	129 000	39 000
Total Equity	2 664 000	332 000	229 000	139 000
Total Long-Term Debt	6 881 000	5 528 000	4 471 000	5 099 000
Total Current Debt	3 155 000	7 140 000	8 700 000	8 063 000
Total Equity and Debt	12 700 000	13 000 000	13 400 000	13 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	25 000	9 000	31 000
Operating Profit	−19 000	−25 000	−9 000	−31 000
Financial Income	2 700 000	3 000 000	3 400 000	3 300 000
Financial Costs	341 000	243 000	275 000	435 000
Financial Balance	2 359 000	2 757 000	3 125 000	2 865 000
Dividends	0	2 600 000	3 000 000	2 800 000
Net Income	2 332 000	2 703 000	3 090 000	2 829 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Total Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 700 000	3 000 000	3 400 000	3 300 000
Total Assets	12 700 000	13 000 000	13 400 000	13 300 000
Total Equity	2 664 000	332 000	229 000	139 000
Short-Term Group Debt	410 000	1 020 000	1 675 000	765 000
Total Long-Term Debt	6 881 000	5 528 000	4 471 000	5 099 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 600 000	3 000 000	2 800 000
Other Current Debt	0	0	0	0
Total Current Debt	3 155 000	7 140 000	8 700 000	8 063 000
Total Equity and Debt	12 700 000	13 000 000	13 400 000	13 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,54 %	814,16 %	1 349,34 %	2 035,25 %
Debt-to-Equity Ratio	2,58	16,65	19,52	36,68
Operating Profit Margin	-	-	-	-
Current Ratio	0,86	0,42	0,39	0,41
Quick Ratio	0,86	0,42	0,39	0,41
Equity Ratio	0,21	0,03	0,02	0,01
Gross Profit Margin	-	-	-	-