REFTEC AS

7075 TILLER

Finances

Return on Equity

36,31 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 128 000	44 054 000	35 239 000	31 488 000
Net Income	3 508 000	4 327 000	1 973 000	1 378 000
Total Assets	20 261 000	17 806 000	14 145 000	10 681 000
Total Equity	9 660 000	8 151 000	6 511 000	4 537 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 128 000	44 054 000	35 239 000	31 488 000
Expenditure	36 595 000	38 484 000	32 584 000	29 733 000
Operating Profit	4 533 000	5 570 000	2 654 000	1 755 000
Financial Income	129 000	114 000	129 000	89 000
Financial Costs	164 000	135 000	253 000	78 000
Financial Balance	−35 000	−21 000	−124 000	11 000
Earnings Before Tax	4 498 000	5 549 000	2 530 000	1 766 000
Tax	990 000	1 222 000	557 000	389 000
Net Income	3 508 000	4 327 000	1 973 000	1 378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 468 000	983 000	1 027 000	356 000
Total Current Assets	18 793 000	16 824 000	13 117 000	10 325 000
Total Assets	20 261 000	17 806 000	14 145 000	10 681 000
Total Retained Equity	7 139 000	5 630 000	4 303 000	2 330 000
Total Equity	9 660 000	8 151 000	6 511 000	4 537 000
Total Long-Term Debt	0	0	799 000	1 827 000
Total Current Debt	10 602 000	9 655 000	6 835 000	4 317 000
Total Equity and Debt	20 261 000	17 806 000	14 145 000	10 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 856 000	43 807 000	34 827 000	30 984 000
Other Income	272 000	247 000	412 000	504 000
Revenue	41 128 000	44 054 000	35 239 000	31 488 000
Cost of Goods Sold	21 939 000	25 637 000	19 690 000	15 826 000
Salary Costs	9 696 000	8 705 000	8 971 000	9 549 000
Depreciation	66 000	114 000	121 000	187 000
Impairment	0	0	0	0
Expenditure	36 595 000	38 484 000	32 584 000	29 733 000
Operating Profit	4 533 000	5 570 000	2 654 000	1 755 000
Financial Income	129 000	114 000	129 000	89 000
Financial Costs	164 000	135 000	253 000	78 000
Financial Balance	−35 000	−21 000	−124 000	11 000
Dividends	2 000 000	3 000 000	0	0
Net Income	3 508 000	4 327 000	1 973 000	1 378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	5 000	45 000	107 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	53 000	0	0
Fixtures	41 000	96 000	143 000	248 000
Total Tangible Assets	82 000	149 000	143 000	248 000
Total Fiancial Fixed Assets	1 377 000	829 000	840 000	0
Total Fixed Assets	1 468 000	983 000	1 027 000	356 000
Stock	2 351 000	1 978 000	1 457 000	1 399 000
Total Investments	0	0	0	0
Cash, Bank	6 635 000	7 938 000	4 637 000	3 854 000
Total Current Assets	18 793 000	16 824 000	13 117 000	10 325 000
Total Assets	20 261 000	17 806 000	14 145 000	10 681 000
Total Equity	9 660 000	8 151 000	6 511 000	4 537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	799 000	1 827 000
Creditors	3 231 000	1 468 000	2 983 000	1 812 000
Unpaid Taxes	2 503 000	2 057 000	2 250 000	1 452 000
Dividends	2 000 000	3 000 000	0	0
Other Current Debt	1 873 000	1 948 000	1 108 000	1 052 000
Total Current Debt	10 602 000	9 655 000	6 835 000	4 317 000
Total Equity and Debt	20 261 000	17 806 000	14 145 000	10 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,31 %	53,09 %	30,3 %	30,37 %
Debt-to-Equity Ratio	0	0	0,12	0,4
Operating Profit Margin	11,02 %	12,64 %	7,53 %	5,57 %
Current Ratio	1,77	1,74	1,92	2,39
Quick Ratio	2,28	2,19	2,44	3,54
Equity Ratio	0,48	0,46	0,46	0,42
Gross Profit Margin	46,66 %	41,81 %	44,12 %	49,74 %