REFSNES MATGLEDE AS

9475 BORKENES

Finances

Share Ownership

Return on Equity

39,86 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	968 000	794 000	487 000	516 000
Net Income	169 000	−15 000	206 000	44 000
Total Assets	852 000	634 000	798 000	432 000
Total Equity	424 000	255 000	270 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	968 000	794 000	487 000	516 000
Expenditure	758 000	809 000	223 000	460 000
Operating Profit	211 000	−15 000	264 000	56 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	211 000	−15 000	264 000	56 000
Tax	42 000	0	58 000	12 000
Net Income	169 000	−15 000	206 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 000	81 000	104 000	128 000
Total Current Assets	686 000	553 000	694 000	304 000
Total Assets	852 000	634 000	798 000	432 000
Total Retained Equity	394 000	225 000	240 000	34 000
Total Equity	424 000	255 000	270 000	64 000
Total Long-Term Debt	50 000	68 000	228 000	133 000
Total Current Debt	377 000	311 000	301 000	235 000
Total Equity and Debt	852 000	634 000	798 000	432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	855 000	634 000	428 000	516 000
Other Income	113 000	160 000	58 000	0
Revenue	968 000	794 000	487 000	516 000
Cost of Goods Sold	264 000	384 000	−26 000	169 000
Salary Costs	233 000	69 000	0	0
Depreciation	24 000	24 000	24 000	20 000
Impairment	0	0	0	0
Expenditure	758 000	809 000	223 000	460 000
Operating Profit	211 000	−15 000	264 000	56 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	169 000	−15 000	206 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	17 000	28 000	38 000
Real Eastate	109 000	0	0	0
Machinery and Plant Facilities	15 000	18 000	22 000	25 000
Fixtures	35 000	45 000	55 000	65 000
Total Tangible Assets	159 000	63 000	77 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	166 000	81 000	104 000	128 000
Stock	74 000	68 000	196 000	51 000
Total Investments	0	0	0	0
Cash, Bank	536 000	404 000	416 000	189 000
Total Current Assets	686 000	553 000	694 000	304 000
Total Assets	852 000	634 000	798 000	432 000
Total Equity	424 000	255 000	270 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	68 000	228 000	133 000
Creditors	42 000	61 000	27 000	32 000
Unpaid Taxes	15 000	20 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	283 000	230 000	198 000	190 000
Total Current Debt	377 000	311 000	301 000	235 000
Total Equity and Debt	852 000	634 000	798 000	432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,86 %	−5,88 %	76,3 %	68,75 %
Debt-to-Equity Ratio	0,12	0,27	0,84	2,08
Operating Profit Margin	21,8 %	−1,89 %	54,21 %	10,85 %
Current Ratio	1,82	1,78	2,31	1,29
Quick Ratio	2,26	2,28	6,61	1,65
Equity Ratio	0,5	0,4	0,34	0,15
Gross Profit Margin	72,73 %	51,64 %	105,34 %	67,25 %