REFLECTION MARINE NORGE AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

26,56 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	50 661 000	23 116 000	17 253 000	22 843 000
Net Income	14 040 000	−20 180 000	−25 321 000	−23 412 000
Total Assets	100 766 000	157 726 000	48 956 000	69 558 000
Total Equity	52 853 000	37 103 000	−47 975 000	−23 686 000

Income (USD)	2022	2021	2020	2019
Revenue	50 661 000	23 116 000	17 253 000	22 843 000
Expenditure	38 090 000	42 371 000	38 056 000	45 011 000
Operating Profit	12 572 000	−19 255 000	−20 802 000	−22 168 000
Financial Income	8 167 000	2 689 000	−2 727 000	1 048 000
Financial Costs	6 235 000	3 898 000	2 083 000	2 292 000
Financial Balance	1 932 000	−1 209 000	−4 810 000	−1 244 000
Earnings Before Tax	14 504 000	−20 463 000	−25 612 000	−23 412 000
Tax	463 000	−284 000	−291 000	0
Net Income	14 040 000	−20 180 000	−25 321 000	−23 412 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	65 549 000	41 680 000	42 619 000	59 081 000
Total Current Assets	35 217 000	116 046 000	6 337 000	10 477 000
Total Assets	100 766 000	157 726 000	48 956 000	69 558 000
Total Retained Equity	52 849 000	37 099 000	−47 978 000	−23 690 000
Total Equity	52 853 000	37 103 000	−47 975 000	−23 686 000
Total Long-Term Debt	0	104 250 000	86 440 000	84 001 000
Total Current Debt	47 913 000	16 373 000	10 491 000	9 243 000
Total Equity and Debt	100 766 000	157 726 000	48 956 000	69 558 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	50 661 000	23 116 000	17 253 000	22 843 000
Revenue	50 661 000	23 116 000	17 253 000	22 843 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 066 000	7 197 000	9 340 000	9 425 000
Depreciation	11 751 000	17 189 000	17 990 000	24 178 000
Impairment	0	0	0	0
Expenditure	38 090 000	42 371 000	38 056 000	45 011 000
Operating Profit	12 572 000	−19 255 000	−20 802 000	−22 168 000
Financial Income	8 167 000	2 689 000	−2 727 000	1 048 000
Financial Costs	6 235 000	3 898 000	2 083 000	2 292 000
Financial Balance	1 932 000	−1 209 000	−4 810 000	−1 244 000
Dividends	0	0	0	0
Net Income	14 040 000	−20 180 000	−25 321 000	−23 412 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	445 000	891 000	1 336 000	1 782 000
Total Intangible Assets	23 760 000	23 959 000	23 553 000	26 820 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 790 000	17 721 000	19 066 000	32 261 000
Fixtures	0	0	0	0
Total Tangible Assets	41 790 000	17 721 000	19 066 000	32 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 549 000	41 680 000	42 619 000	59 081 000
Stock	453 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	308 000	2 400 000	1 222 000	4 680 000
Total Current Assets	35 217 000	116 046 000	6 337 000	10 477 000
Total Assets	100 766 000	157 726 000	48 956 000	69 558 000
Total Equity	52 853 000	37 103 000	−47 975 000	−23 686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	104 250 000	86 440 000	84 001 000
Creditors	7 657 000	4 621 000	2 566 000	763 000
Unpaid Taxes	602 000	763 000	570 000	703 000
Dividends	0	0	0	0
Other Current Debt	39 654 000	10 989 000	7 355 000	7 778 000
Total Current Debt	47 913 000	16 373 000	10 491 000	9 243 000
Total Equity and Debt	100 766 000	157 726 000	48 956 000	69 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,56 %	−54,39 %	52,78 %	98,84 %
Debt-to-Equity Ratio	0	2,81	−1,8	−3,55
Operating Profit Margin	24,82 %	−83,3 %	−120,57 %	−97,05 %
Current Ratio	0,74	7,09	0,6	1,13
Quick Ratio	0,74	7,09	0,6	1,13
Equity Ratio	0,52	0,24	−0,98	−0,34
Gross Profit Margin	100 %	100 %	100 %	100 %