REEF BIOTECH AS

5536 HAUGESUND

Finances

Return on Equity

30,86 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	0	0	335 000
Net Income	133 000	23 000	−37 000	297 000
Total Assets	620 000	240 000	217 000	2 662 000
Total Equity	431 000	298 000	275 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	0	0	335 000
Expenditure	21 000	42 000	37 000	38 000
Operating Profit	129 000	−42 000	−37 000	297 000
Financial Income	55 000	177 000	0	0
Financial Costs	38 000	112 000	0	0
Financial Balance	17 000	65 000	0	0
Earnings Before Tax	147 000	23 000	−37 000	297 000
Tax	13 000	0	0	0
Net Income	133 000	23 000	−37 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	16 000	26 000
Total Current Assets	620 000	240 000	201 000	2 636 000
Total Assets	620 000	240 000	217 000	2 662 000
Total Retained Equity	401 000	269 000	246 000	283 000
Total Equity	431 000	298 000	275 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	189 000	−58 000	−58 000	2 350 000
Total Equity and Debt	620 000	240 000	217 000	2 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	0	0	335 000
Other Income	0	0	0	0
Revenue	150 000	0	0	335 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	6 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	21 000	42 000	37 000	38 000
Operating Profit	129 000	−42 000	−37 000	297 000
Financial Income	55 000	177 000	0	0
Financial Costs	38 000	112 000	0	0
Financial Balance	17 000	65 000	0	0
Dividends	0	0	0	900 000
Net Income	133 000	23 000	−37 000	297 000

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	6 000	15 000
Total Tangible Assets	0	0	6 000	15 000
Total Fiancial Fixed Assets	0	0	11 000	11 000
Total Fixed Assets	0	0	16 000	26 000
Stock	0	0	0	0
Total Investments	412 000	325 000	227 000	227 000
Cash, Bank	80 000	−35 000	1 000	1 000
Total Current Assets	620 000	240 000	201 000	2 636 000
Total Assets	620 000	240 000	217 000	2 662 000
Total Equity	431 000	298 000	275 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	900 000
Other Current Debt	56 000	0	0	0
Total Current Debt	189 000	−58 000	−58 000	2 350 000
Total Equity and Debt	620 000	240 000	217 000	2 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,86 %	7,72 %	−13,45 %	95,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86 %	-	-	88,66 %
Current Ratio	3,28	−4,14	−3,47	1,12
Quick Ratio	3,28	−4,14	−3,47	1,12
Equity Ratio	0,7	1,24	1,27	0,12
Gross Profit Margin	100 %	-	-	100 %