REFLEX SOUND SYSTEM AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−11,11 %

Current Ratio

17,38

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	209 000	111 000	172 000
Net Income	−9 000	43 000	17 000	1 000
Total Assets	248 000	255 000	227 000	189 000
Total Equity	81 000	90 000	47 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	209 000	111 000	172 000
Expenditure	55 000	150 000	86 000	170 000
Operating Profit	−6 000	59 000	26 000	2 000
Financial Income	0	0	0	0
Financial Costs	5 000	4 000	4 000	2 000
Financial Balance	−5 000	−4 000	−4 000	−2 000
Earnings Before Tax	−11 000	55 000	22 000	1 000
Tax	−1 000	12 000	5 000	0
Net Income	−9 000	43 000	17 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	28 000	34 000	40 000
Total Current Assets	226 000	227 000	193 000	149 000
Total Assets	248 000	255 000	227 000	189 000
Total Retained Equity	51 000	60 000	17 000	1 000
Total Equity	81 000	90 000	47 000	31 000
Total Long-Term Debt	155 000	152 000	148 000	140 000
Total Current Debt	13 000	14 000	32 000	18 000
Total Equity and Debt	248 000	255 000	227 000	189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	209 000	111 000	172 000
Other Income	0	0	0	0
Revenue	50 000	209 000	111 000	172 000
Cost of Goods Sold	4 000	66 000	38 000	157 000
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	55 000	150 000	86 000	170 000
Operating Profit	−6 000	59 000	26 000	2 000
Financial Income	0	0	0	0
Financial Costs	5 000	4 000	4 000	2 000
Financial Balance	−5 000	−4 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−9 000	43 000	17 000	1 000

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	22 000	28 000	34 000	40 000
Total Tangible Assets	22 000	28 000	34 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	28 000	34 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	227 000	167 000	93 000
Total Current Assets	226 000	227 000	193 000	149 000
Total Assets	248 000	255 000	227 000	189 000
Total Equity	81 000	90 000	47 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	155 000	152 000	148 000	140 000
Creditors	7 000	3 000	18 000	3 000
Unpaid Taxes	−2 000	−1 000	11 000	13 000
Dividends	0	0	0	0
Other Current Debt	8 000	0	0	2 000
Total Current Debt	13 000	14 000	32 000	18 000
Total Equity and Debt	248 000	255 000	227 000	189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,11 %	47,78 %	36,17 %	3,23 %
Debt-to-Equity Ratio	1,91	1,69	3,15	4,52
Operating Profit Margin	−12 %	28,23 %	23,42 %	1,16 %
Current Ratio	17,38	16,21	6,03	8,28
Quick Ratio	17,38	16,21	6,03	8,28
Equity Ratio	0,33	0,35	0,21	0,16
Gross Profit Margin	92 %	68,42 %	65,77 %	8,72 %