REF HOLDING AS

3409 TRANBY

Finances

Return on Equity

91,94 %

Current Ratio

55,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	0	0	0
Net Income	1 140 000	1 751 000	−11 000	−8 000
Total Assets	1 252 000	1 971 000	218 000	236 000
Total Equity	1 240 000	100 000	217 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	0	0	0
Expenditure	8 000	12 000	11 000	8 000
Operating Profit	56 000	−12 000	−11 000	−8 000
Financial Income	1 088 000	1 762 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 088 000	1 762 000	0	0
Earnings Before Tax	1 143 000	1 751 000	−11 000	−8 000
Tax	3 000	0	0	0
Net Income	1 140 000	1 751 000	−11 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	586 000	436 000	136 000	106 000
Total Current Assets	666 000	1 535 000	82 000	130 000
Total Assets	1 252 000	1 971 000	218 000	236 000
Total Retained Equity	1 140 000	0	117 000	128 000
Total Equity	1 240 000	100 000	217 000	228 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 000	1 871 000	1 000	8 000
Total Equity and Debt	1 252 000	1 971 000	218 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 000	0	0	0
Other Income	0	0	0	0
Revenue	63 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	12 000	11 000	8 000
Operating Profit	56 000	−12 000	−11 000	−8 000
Financial Income	1 088 000	1 762 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 088 000	1 762 000	0	0
Dividends	0	1 868 000	0	0
Net Income	1 140 000	1 751 000	−11 000	−8 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	586 000	436 000	136 000	106 000
Total Fixed Assets	586 000	436 000	136 000	106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	621 000	1 533 000	79 000	128 000
Total Current Assets	666 000	1 535 000	82 000	130 000
Total Assets	1 252 000	1 971 000	218 000	236 000
Total Equity	1 240 000	100 000	217 000	228 000
Short-Term Group Debt	0	0	0	8 000
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	1 868 000	0	0
Other Current Debt	1 000	1 868 000	1 000	1 000
Total Current Debt	12 000	1 871 000	1 000	8 000
Total Equity and Debt	1 252 000	1 971 000	218 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,94 %	1 751 %	−5,07 %	−3,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	88,89 %	-	-	-
Current Ratio	55,5	0,82	82	16,25
Quick Ratio	55,5	0,82	82	16,25
Equity Ratio	0,99	0,05	1	0,97
Gross Profit Margin	100 %	-	-	-