REFLEX PROMOTION AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

29,31 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 273 000	7 205 000	6 199 000	7 359 000
Net Income	525 000	267 000	279 000	551 000
Total Assets	3 942 000	3 581 000	3 342 000	3 962 000
Total Equity	1 791 000	1 266 000	999 000	720 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 273 000	7 205 000	6 199 000	7 359 000
Expenditure	7 568 000	6 821 000	5 776 000	6 576 000
Operating Profit	706 000	385 000	423 000	783 000
Financial Income	6 000	6 000	6 000	19 000
Financial Costs	39 000	48 000	71 000	96 000
Financial Balance	−33 000	−42 000	−65 000	−77 000
Earnings Before Tax	673 000	342 000	358 000	706 000
Tax	148 000	75 000	79 000	155 000
Net Income	525 000	267 000	279 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	369 000	366 000	327 000	472 000
Total Current Assets	3 573 000	3 215 000	3 015 000	3 490 000
Total Assets	3 942 000	3 581 000	3 342 000	3 962 000
Total Retained Equity	1 689 000	1 164 000	897 000	618 000
Total Equity	1 791 000	1 266 000	999 000	720 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 151 000	2 315 000	2 342 000	3 241 000
Total Equity and Debt	3 942 000	3 581 000	3 342 000	3 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 273 000	7 205 000	6 094 000	7 359 000
Other Income	0	0	105 000	0
Revenue	8 273 000	7 205 000	6 199 000	7 359 000
Cost of Goods Sold	1 982 000	1 882 000	1 124 000	736 000
Salary Costs	2 942 000	2 734 000	2 553 000	3 406 000
Depreciation	136 000	195 000	174 000	194 000
Impairment	0	0	0	0
Expenditure	7 568 000	6 821 000	5 776 000	6 576 000
Operating Profit	706 000	385 000	423 000	783 000
Financial Income	6 000	6 000	6 000	19 000
Financial Costs	39 000	48 000	71 000	96 000
Financial Balance	−33 000	−42 000	−65 000	−77 000
Dividends	0	0	0	0
Net Income	525 000	267 000	279 000	551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	241 000	103 000	64 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	263 000	262 000	437 000
Total Tangible Assets	127 000	263 000	262 000	437 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	369 000	366 000	327 000	472 000
Stock	601 000	1 166 000	1 877 000	2 130 000
Total Investments	0	0	0	0
Cash, Bank	1 743 000	696 000	71 000	95 000
Total Current Assets	3 573 000	3 215 000	3 015 000	3 490 000
Total Assets	3 942 000	3 581 000	3 342 000	3 962 000
Total Equity	1 791 000	1 266 000	999 000	720 000
Short-Term Group Debt	860 000	1 104 000	1 071 000	1 096 000
Total Long-Term Debt	0	0	0	0
Creditors	391 000	410 000	344 000	397 000
Unpaid Taxes	344 000	436 000	291 000	359 000
Dividends	0	0	0	0
Other Current Debt	270 000	250 000	236 000	290 000
Total Current Debt	2 151 000	2 315 000	2 342 000	3 241 000
Total Equity and Debt	3 942 000	3 581 000	3 342 000	3 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,31 %	21,09 %	27,93 %	76,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,53 %	5,34 %	6,82 %	10,64 %
Current Ratio	1,66	1,39	1,29	1,08
Quick Ratio	2,31	2,8	6,48	3,14
Equity Ratio	0,45	0,35	0,3	0,18
Gross Profit Margin	76,04 %	73,88 %	81,87 %	90 %