REFSDAL TREINDUSTRI AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

6,03 %

Current Ratio

6,25

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 475 000	16 084 000	14 897 000	14 007 000
Net Income	596 000	1 577 000	1 064 000	904 000
Total Assets	13 936 000	13 762 000	12 275 000	11 436 000
Total Equity	9 881 000	9 285 000	7 708 000	6 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 475 000	16 084 000	14 897 000	14 007 000
Expenditure	14 655 000	14 010 000	13 442 000	12 805 000
Operating Profit	820 000	2 072 000	1 455 000	1 203 000
Financial Income	61 000	44 000	13 000	18 000
Financial Costs	117 000	95 000	103 000	61 000
Financial Balance	−56 000	−51 000	−90 000	−43 000
Earnings Before Tax	764 000	2 022 000	1 365 000	1 159 000
Tax	168 000	445 000	300 000	255 000
Net Income	596 000	1 577 000	1 064 000	904 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 314 000	3 581 000	3 196 000	3 550 000
Total Current Assets	9 623 000	10 181 000	9 079 000	7 886 000
Total Assets	13 936 000	13 762 000	12 275 000	11 436 000
Total Retained Equity	9 081 000	8 485 000	6 908 000	5 844 000
Total Equity	9 881 000	9 285 000	7 708 000	6 644 000
Total Long-Term Debt	2 516 000	2 658 000	2 898 000	3 097 000
Total Current Debt	1 539 000	1 819 000	1 670 000	1 696 000
Total Equity and Debt	13 936 000	13 762 000	12 275 000	11 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 381 000	16 054 000	14 863 000	13 980 000
Other Income	95 000	30 000	34 000	27 000
Revenue	15 475 000	16 084 000	14 897 000	14 007 000
Cost of Goods Sold	10 156 000	10 327 000	9 801 000	9 514 000
Salary Costs	2 931 000	2 486 000	2 499 000	1 988 000
Depreciation	306 000	332 000	339 000	201 000
Impairment	0	0	0	0
Expenditure	14 655 000	14 010 000	13 442 000	12 805 000
Operating Profit	820 000	2 072 000	1 455 000	1 203 000
Financial Income	61 000	44 000	13 000	18 000
Financial Costs	117 000	95 000	103 000	61 000
Financial Balance	−56 000	−51 000	−90 000	−43 000
Dividends	0	0	0	0
Net Income	596 000	1 577 000	1 064 000	904 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	185 000	219 000	188 000	259 000
Real Eastate	3 207 000	3 265 000	2 759 000	2 934 000
Machinery and Plant Facilities	667 000	27 000	47 000	67 000
Fixtures	255 000	57 000	171 000	244 000
Total Tangible Assets	4 129 000	3 348 000	2 978 000	3 244 000
Total Fiancial Fixed Assets	0	14 000	31 000	47 000
Total Fixed Assets	4 314 000	3 581 000	3 196 000	3 550 000
Stock	3 401 000	3 175 000	2 514 000	2 498 000
Total Investments	0	0	0	0
Cash, Bank	4 903 000	5 522 000	4 371 000	3 420 000
Total Current Assets	9 623 000	10 181 000	9 079 000	7 886 000
Total Assets	13 936 000	13 762 000	12 275 000	11 436 000
Total Equity	9 881 000	9 285 000	7 708 000	6 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 516 000	2 658 000	2 898 000	3 097 000
Creditors	637 000	655 000	930 000	763 000
Unpaid Taxes	391 000	386 000	224 000	274 000
Dividends	0	0	0	0
Other Current Debt	376 000	301 000	287 000	284 000
Total Current Debt	1 539 000	1 819 000	1 670 000	1 696 000
Total Equity and Debt	13 936 000	13 762 000	12 275 000	11 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	16,98 %	13,8 %	13,61 %
Debt-to-Equity Ratio	0,25	0,29	0,38	0,47
Operating Profit Margin	5,3 %	12,88 %	9,77 %	8,59 %
Current Ratio	6,25	5,6	5,44	4,65
Quick Ratio	−5,17	−7,51	−10,76	−9,83
Equity Ratio	0,71	0,67	0,63	0,58
Gross Profit Margin	34,37 %	35,79 %	34,21 %	32,08 %