REFLEX TRAFIKKSKOLE AS

9050 STORSTEINNES

Finances

Return on Equity

9,24 %

Current Ratio

0,23

Debt-to-Equity Ratio

4,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	730 000	0	84 000	113 000
Net Income	44 000	6 000	−6 000	11 000
Total Assets	3 081 000	2 888 000	2 790 000	2 778 000
Total Equity	476 000	432 000	426 000	432 000

Income (NOK)	2022	2021	2020	2019
Revenue	730 000	0	84 000	113 000
Expenditure	593 000	30 000	12 000	14 000
Operating Profit	138 000	−30 000	72 000	99 000
Financial Income	0	110 000	0	0
Financial Costs	82 000	72 000	80 000	84 000
Financial Balance	−82 000	38 000	−80 000	−84 000
Earnings Before Tax	56 000	8 000	−8 000	15 000
Tax	12 000	2 000	−2 000	3 000
Net Income	44 000	6 000	−6 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 962 000	2 775 000	2 777 000	2 775 000
Total Current Assets	119 000	113 000	13 000	3 000
Total Assets	3 081 000	2 888 000	2 790 000	2 778 000
Total Retained Equity	439 000	395 000	389 000	395 000
Total Equity	476 000	432 000	426 000	432 000
Total Long-Term Debt	2 084 000	2 286 000	2 237 000	2 241 000
Total Current Debt	521 000	169 000	127 000	105 000
Total Equity and Debt	3 081 000	2 888 000	2 790 000	2 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	730 000	0	84 000	48 000
Other Income	0	0	0	65 000
Revenue	730 000	0	84 000	113 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	306 000	0	0	0
Depreciation	21 000	0	0	0
Impairment	0	0	0	0
Expenditure	593 000	30 000	12 000	14 000
Operating Profit	138 000	−30 000	72 000	99 000
Financial Income	0	110 000	0	0
Financial Costs	82 000	72 000	80 000	84 000
Financial Balance	−82 000	38 000	−80 000	−84 000
Dividends	0	0	0	0
Net Income	44 000	6 000	−6 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	187 000	0	0	0
Total Tangible Assets	187 000	0	0	0
Total Fiancial Fixed Assets	2 775 000	2 775 000	2 775 000	2 775 000
Total Fixed Assets	2 962 000	2 775 000	2 777 000	2 775 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	0	0	0
Total Current Assets	119 000	113 000	13 000	3 000
Total Assets	3 081 000	2 888 000	2 790 000	2 778 000
Total Equity	476 000	432 000	426 000	432 000
Short-Term Group Debt	50 000	0	0	0
Total Long-Term Debt	2 084 000	2 286 000	2 237 000	2 241 000
Creditors	6 000	0	12 000	0
Unpaid Taxes	18 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	438 000	169 000	115 000	102 000
Total Current Debt	521 000	169 000	127 000	105 000
Total Equity and Debt	3 081 000	2 888 000	2 790 000	2 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,24 %	1,39 %	−1,41 %	2,55 %
Debt-to-Equity Ratio	4,38	5,29	5,25	5,19
Operating Profit Margin	18,9 %	-	85,71 %	87,61 %
Current Ratio	0,23	0,67	0,1	0,03
Quick Ratio	0,23	0,67	0,1	0,03
Equity Ratio	0,15	0,15	0,15	0,16
Gross Profit Margin	99,04 %	-	100 %	100 %