REF-X AS

0250 OSLO

Finances

Share Ownership

Return on Equity

19,37 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 006 000	952 000	2 809 000	1 628 000
Net Income	−61 000	−92 000	−44 000	−148 000
Total Assets	886 000	1 069 000	840 000	651 000
Total Equity	−315 000	−253 000	−162 000	−118 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 006 000	952 000	2 809 000	1 628 000
Expenditure	4 097 000	1 048 000	2 863 000	1 985 000
Operating Profit	−91 000	−96 000	−54 000	−357 000
Financial Income	165 000	16 000	33 000	221 000
Financial Costs	136 000	11 000	23 000	12 000
Financial Balance	29 000	5 000	10 000	209 000
Earnings Before Tax	−61 000	−92 000	−44 000	−148 000
Tax	0	0	0	0
Net Income	−61 000	−92 000	−44 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	24 000	30 000
Total Current Assets	886 000	1 069 000	816 000	621 000
Total Assets	886 000	1 069 000	840 000	651 000
Total Retained Equity	−345 000	−283 000	−192 000	−148 000
Total Equity	−315 000	−253 000	−162 000	−118 000
Total Long-Term Debt	1 000	292 000	97 000	0
Total Current Debt	1 199 000	1 030 000	905 000	769 000
Total Equity and Debt	886 000	1 069 000	840 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	779 000	795 000	2 369 000	1 628 000
Other Income	3 228 000	157 000	440 000	0
Revenue	4 006 000	952 000	2 809 000	1 628 000
Cost of Goods Sold	2 938 000	451 000	1 973 000	455 000
Salary Costs	448 000	90 000	113 000	220 000
Depreciation	0	3 000	6 000	2 000
Impairment	0	0	0	0
Expenditure	4 097 000	1 048 000	2 863 000	1 985 000
Operating Profit	−91 000	−96 000	−54 000	−357 000
Financial Income	165 000	16 000	33 000	221 000
Financial Costs	136 000	11 000	23 000	12 000
Financial Balance	29 000	5 000	10 000	209 000
Dividends	0	0	0	0
Net Income	−61 000	−92 000	−44 000	−148 000

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	24 000	30 000
Total Tangible Assets	0	0	24 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	24 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	11 000	141 000	68 000
Total Current Assets	886 000	1 069 000	816 000	621 000
Total Assets	886 000	1 069 000	840 000	651 000
Total Equity	−315 000	−253 000	−162 000	−118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	292 000	97 000	0
Creditors	1 121 000	991 000	749 000	565 000
Unpaid Taxes	37 000	−136 000	122 000	143 000
Dividends	0	0	0	0
Other Current Debt	41 000	175 000	34 000	61 000
Total Current Debt	1 199 000	1 030 000	905 000	769 000
Total Equity and Debt	886 000	1 069 000	840 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,37 %	36,36 %	27,16 %	125,42 %
Debt-to-Equity Ratio	−0	−1,15	−0,6	−0
Operating Profit Margin	−2,27 %	−10,08 %	−1,92 %	−21,93 %
Current Ratio	0,74	1,04	0,9	0,81
Quick Ratio	0,74	1,04	0,9	0,81
Equity Ratio	−0,36	−0,24	−0,19	−0,18
Gross Profit Margin	26,66 %	52,63 %	29,76 %	72,05 %