REFSNESSET AS

5680 TYSNES

Finances

Return on Equity

−17,33 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 002 000	1 317 000	1 557 000	1 526 000
Net Income	−104 000	222 000	429 000	353 000
Total Assets	840 000	979 000	938 000	852 000
Total Equity	600 000	704 000	602 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 002 000	1 317 000	1 557 000	1 526 000
Expenditure	825 000	1 073 000	1 034 000	1 117 000
Operating Profit	176 000	244 000	522 000	409 000
Financial Income	9 000	33 000	25 000	38 000
Financial Costs	250 000	0	3 000	3 000
Financial Balance	−241 000	33 000	22 000	35 000
Earnings Before Tax	−65 000	277 000	544 000	444 000
Tax	39 000	55 000	115 000	91 000
Net Income	−104 000	222 000	429 000	353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	426 000	562 000	58 000
Total Current Assets	648 000	552 000	376 000	794 000
Total Assets	840 000	979 000	938 000	852 000
Total Retained Equity	500 000	604 000	502 000	73 000
Total Equity	600 000	704 000	602 000	173 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	240 000	273 000	336 000	679 000
Total Equity and Debt	840 000	979 000	938 000	852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 002 000	1 317 000	1 557 000	1 526 000
Other Income	0	0	0	0
Revenue	1 002 000	1 317 000	1 557 000	1 526 000
Cost of Goods Sold	0	16 000	0	0
Salary Costs	722 000	973 000	926 000	989 000
Depreciation	11 000	7 000	1 000	0
Impairment	0	0	0	0
Expenditure	825 000	1 073 000	1 034 000	1 117 000
Operating Profit	176 000	244 000	522 000	409 000
Financial Income	9 000	33 000	25 000	38 000
Financial Costs	250 000	0	3 000	3 000
Financial Balance	−241 000	33 000	22 000	35 000
Dividends	0	0	0	300 000
Net Income	−104 000	222 000	429 000	353 000

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	15 000	26 000	16 000	0
Total Tangible Assets	15 000	26 000	16 000	0
Total Fiancial Fixed Assets	177 000	400 000	546 000	58 000
Total Fixed Assets	191 000	426 000	562 000	58 000
Stock	0	0	0	0
Total Investments	0	485 000	284 000	428 000
Cash, Bank	648 000	67 000	92 000	99 000
Total Current Assets	648 000	552 000	376 000	794 000
Total Assets	840 000	979 000	938 000	852 000
Total Equity	600 000	704 000	602 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	6 000	3 000	7 000	5 000
Unpaid Taxes	141 000	141 000	140 000	193 000
Dividends	0	0	0	300 000
Other Current Debt	52 000	77 000	75 000	90 000
Total Current Debt	240 000	273 000	336 000	679 000
Total Equity and Debt	840 000	979 000	938 000	852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,33 %	31,53 %	71,26 %	204,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,56 %	18,53 %	33,53 %	26,8 %
Current Ratio	2,7	2,02	1,12	1,17
Quick Ratio	2,7	2,02	1,12	1,17
Equity Ratio	0,71	0,72	0,64	0,2
Gross Profit Margin	100 %	98,79 %	100 %	100 %