REFCO AS

7036 TRONDHEIM

Finances

Share Ownership

Return on Equity

−6,4 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 514 000	2 469 000	2 030 000	2 307 000
Net Income	−31 000	206 000	139 000	63 000
Total Assets	1 056 000	1 103 000	718 000	587 000
Total Equity	484 000	515 000	309 000	170 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 514 000	2 469 000	2 030 000	2 307 000
Expenditure	2 545 000	2 197 000	1 851 000	2 236 000
Operating Profit	−31 000	272 000	179 000	71 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−31 000	272 000	178 000	71 000
Tax	0	66 000	40 000	8 000
Net Income	−31 000	206 000	139 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	0	24 000	42 000
Total Current Assets	969 000	1 103 000	694 000	545 000
Total Assets	1 056 000	1 103 000	718 000	587 000
Total Retained Equity	454 000	485 000	279 000	140 000
Total Equity	484 000	515 000	309 000	170 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	572 000	588 000	408 000	416 000
Total Equity and Debt	1 056 000	1 103 000	718 000	587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 514 000	2 469 000	2 030 000	2 307 000
Other Income	0	0	0	0
Revenue	2 514 000	2 469 000	2 030 000	2 307 000
Cost of Goods Sold	11 000	4 000	0	10 000
Salary Costs	1 985 000	1 716 000	1 397 000	1 617 000
Depreciation	9 000	0	2 000	5 000
Impairment	0	0	0	0
Expenditure	2 545 000	2 197 000	1 851 000	2 236 000
Operating Profit	−31 000	272 000	179 000	71 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−31 000	206 000	139 000	63 000

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	38 000	0	0	2 000
Total Tangible Assets	38 000	0	0	2 000
Total Fiancial Fixed Assets	48 000	0	24 000	40 000
Total Fixed Assets	87 000	0	24 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	497 000	307 000	228 000
Total Current Assets	969 000	1 103 000	694 000	545 000
Total Assets	1 056 000	1 103 000	718 000	587 000
Total Equity	484 000	515 000	309 000	170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	19 000	1 000	1 000
Unpaid Taxes	374 000	357 000	234 000	266 000
Dividends	0	0	0	0
Other Current Debt	170 000	145 000	133 000	141 000
Total Current Debt	572 000	588 000	408 000	416 000
Total Equity and Debt	1 056 000	1 103 000	718 000	587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,4 %	40 %	44,98 %	37,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,23 %	11,02 %	8,82 %	3,08 %
Current Ratio	1,69	1,88	1,7	1,31
Quick Ratio	1,69	1,88	1,7	1,31
Equity Ratio	0,46	0,47	0,43	0,29
Gross Profit Margin	99,56 %	99,84 %	100 %	99,57 %