REFNOR AS

1358 JAR

Finances

Return on Equity

−5,06 %

Current Ratio

3,2

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	135 000	499 000	171 000
Net Income	−9 000	35 000	−5 000	39 000
Total Assets	318 000	381 000	447 000	332 000
Total Equity	178 000	187 000	152 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	135 000	499 000	171 000
Expenditure	122 000	166 000	485 000	187 000
Operating Profit	13 000	−32 000	13 000	−15 000
Financial Income	9 000	60 000	5 000	50 000
Financial Costs	38 000	0	18 000	0
Financial Balance	−29 000	60 000	−13 000	50 000
Earnings Before Tax	−16 000	28 000	1 000	36 000
Tax	−7 000	−7 000	6 000	−3 000
Net Income	−9 000	35 000	−5 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	44 000	38 000	43 000
Total Current Assets	266 000	336 000	410 000	289 000
Total Assets	318 000	381 000	447 000	332 000
Total Retained Equity	78 000	87 000	52 000	57 000
Total Equity	178 000	187 000	152 000	157 000
Total Long-Term Debt	57 000	126 000	122 000	103 000
Total Current Debt	83 000	68 000	174 000	72 000
Total Equity and Debt	318 000	381 000	447 000	332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	135 000	499 000	171 000
Other Income	0	0	0	0
Revenue	135 000	135 000	499 000	171 000
Cost of Goods Sold	21 000	22 000	199 000	23 000
Salary Costs	28 000	68 000	206 000	82 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	122 000	166 000	485 000	187 000
Operating Profit	13 000	−32 000	13 000	−15 000
Financial Income	9 000	60 000	5 000	50 000
Financial Costs	38 000	0	18 000	0
Financial Balance	−29 000	60 000	−13 000	50 000
Dividends	0	0	0	0
Net Income	−9 000	35 000	−5 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	44 000	37 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	44 000	38 000	43 000
Stock	57 000	57 000	58 000	60 000
Total Investments	194 000	229 000	175 000	192 000
Cash, Bank	15 000	50 000	109 000	36 000
Total Current Assets	266 000	336 000	410 000	289 000
Total Assets	318 000	381 000	447 000	332 000
Total Equity	178 000	187 000	152 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	57 000	126 000	122 000	103 000
Creditors	0	0	27 000	0
Unpaid Taxes	62 000	69 000	110 000	23 000
Dividends	0	0	0	0
Other Current Debt	21 000	−1 000	37 000	48 000
Total Current Debt	83 000	68 000	174 000	72 000
Total Equity and Debt	318 000	381 000	447 000	332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,06 %	18,72 %	−3,29 %	24,84 %
Debt-to-Equity Ratio	0,32	0,67	0,8	0,66
Operating Profit Margin	9,63 %	−23,7 %	2,61 %	−8,77 %
Current Ratio	3,2	4,94	2,36	4,01
Quick Ratio	10,23	30,55	3,53	24,08
Equity Ratio	0,56	0,49	0,34	0,47
Gross Profit Margin	84,44 %	83,7 %	60,12 %	86,55 %