REFLEKSLAND AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

70,64 %

Current Ratio

3,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 294 000	4 903 000	2 013 000
Net Income	664 000	440 000	561 000
Total Assets	1 346 000	932 000	841 000
Total Equity	940 000	475 000	385 000

Income (NOK)	2022	2021	2020
Revenue	4 294 000	4 903 000	2 013 000
Expenditure	4 098 000	4 342 000	1 296 000
Operating Profit	846 000	561 000	717 000
Financial Income	8 000	5 000	0
Financial Costs	3 000	1 000	0
Financial Balance	5 000	4 000	0
Earnings Before Tax	851 000	565 000	717 000
Tax	187 000	124 000	157 000
Net Income	664 000	440 000	561 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	72 000	42 000	17 000
Total Current Assets	1 274 000	890 000	824 000
Total Assets	1 346 000	932 000	841 000
Total Retained Equity	910 000	445 000	355 000
Total Equity	940 000	475 000	385 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	405 000	456 000	456 000
Total Equity and Debt	1 346 000	932 000	841 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 294 000	4 903 000	2 013 000
Other Income	0	0	0
Revenue	4 294 000	4 903 000	2 013 000
Cost of Goods Sold	2 315 000	2 845 000	1 024 000
Salary Costs	1 034 000	821 000	100 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 098 000	4 342 000	1 296 000
Operating Profit	846 000	561 000	717 000
Financial Income	8 000	5 000	0
Financial Costs	3 000	1 000	0
Financial Balance	5 000	4 000	0
Dividends	200 000	0	200 000
Net Income	664 000	440 000	561 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	31 000	0	0
Total Tangible Assets	31 000	0	0
Total Fiancial Fixed Assets	42 000	42 000	17 000
Total Fixed Assets	72 000	42 000	17 000
Stock	650 000	0	0
Total Investments	0	0	0
Cash, Bank	170 000	770 000	590 000
Total Current Assets	1 274 000	890 000	824 000
Total Assets	1 346 000	932 000	841 000
Total Equity	940 000	475 000	385 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	72 000	127 000	43 000
Unpaid Taxes	61 000	129 000	46 000
Dividends	200 000	0	200 000
Other Current Debt	86 000	77 000	11 000
Total Current Debt	405 000	456 000	456 000
Total Equity and Debt	1 346 000	932 000	841 000

Financial indicators	2022	2021	2020
Return on Equity	70,64 %	92,63 %	145,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	19,7 %	11,44 %	35,62 %
Current Ratio	3,15	1,95	1,81
Quick Ratio	−5,2	1,95	1,81
Equity Ratio	0,7	0,51	0,46
Gross Profit Margin	46,09 %	41,97 %	49,13 %