REFLEX SOLUTIONS AS

4019 STAVANGER

Finances

Return on Equity

21,23 %

Current Ratio

12,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 027 000	1 613 000	2 866 000	1 461 000
Net Income	1 067 000	−318 000	1 548 000	377 000
Total Assets	5 459 000	4 194 000	6 591 000	4 950 000
Total Equity	5 026 000	3 959 000	4 837 000	3 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 027 000	1 613 000	2 866 000	1 461 000
Expenditure	885 000	1 782 000	855 000	971 000
Operating Profit	1 142 000	−168 000	2 010 000	491 000
Financial Income	42 000	1 000	29 000	20 000
Financial Costs	1 000	50 000	50 000	35 000
Financial Balance	41 000	−49 000	−21 000	−15 000
Earnings Before Tax	1 184 000	−217 000	1 989 000	476 000
Tax	117 000	101 000	441 000	98 000
Net Income	1 067 000	−318 000	1 548 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	24 000	3 192 000	3 207 000
Total Current Assets	5 328 000	4 170 000	3 399 000	1 743 000
Total Assets	5 459 000	4 194 000	6 591 000	4 950 000
Total Retained Equity	4 926 000	3 859 000	4 737 000	3 505 000
Total Equity	5 026 000	3 959 000	4 837 000	3 605 000
Total Long-Term Debt	0	6 000	1 013 000	1 086 000
Total Current Debt	433 000	230 000	741 000	259 000
Total Equity and Debt	5 459 000	4 194 000	6 591 000	4 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 027 000	1 543 000	2 766 000	1 351 000
Other Income	0	70 000	100 000	110 000
Revenue	2 027 000	1 613 000	2 866 000	1 461 000
Cost of Goods Sold	0	0	0	0
Salary Costs	763 000	766 000	754 000	787 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	885 000	1 782 000	855 000	971 000
Operating Profit	1 142 000	−168 000	2 010 000	491 000
Financial Income	42 000	1 000	29 000	20 000
Financial Costs	1 000	50 000	50 000	35 000
Financial Balance	41 000	−49 000	−21 000	−15 000
Dividends	0	560 000	316 000	720 000
Net Income	1 067 000	−318 000	1 548 000	377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	0	0	0
Real Eastate	0	0	3 192 000	3 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 192 000	3 192 000
Total Fiancial Fixed Assets	14 000	24 000	0	15 000
Total Fixed Assets	130 000	24 000	3 192 000	3 207 000
Stock	0	0	0	0
Total Investments	30 000	0	0	0
Cash, Bank	3 342 000	2 427 000	1 542 000	1 265 000
Total Current Assets	5 328 000	4 170 000	3 399 000	1 743 000
Total Assets	5 459 000	4 194 000	6 591 000	4 950 000
Total Equity	5 026 000	3 959 000	4 837 000	3 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	1 013 000	1 086 000
Creditors	4 000	0	0	0
Unpaid Taxes	121 000	68 000	218 000	89 000
Dividends	0	560 000	316 000	720 000
Other Current Debt	76 000	61 000	82 000	72 000
Total Current Debt	433 000	230 000	741 000	259 000
Total Equity and Debt	5 459 000	4 194 000	6 591 000	4 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,23 %	−8,03 %	32 %	10,46 %
Debt-to-Equity Ratio	0	0	0,21	0,3
Operating Profit Margin	56,34 %	−10,42 %	70,13 %	33,61 %
Current Ratio	12,3	18,13	4,59	6,73
Quick Ratio	12,3	18,13	4,59	6,73
Equity Ratio	0,92	0,94	0,73	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %