NORSK FRYSEØKONOMI AS

3233 SANDEFJORD

Finances

Share Ownership

Return on Equity

162,31 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 707 000	22 221 000	18 184 000	17 304 000
Net Income	−323 000	866 000	24 000	656 000
Total Assets	1 880 000	2 165 000	957 000	842 000
Total Equity	−199 000	124 000	−342 000	−366 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 707 000	22 221 000	18 184 000	17 304 000
Expenditure	21 034 000	21 353 000	18 161 000	16 647 000
Operating Profit	−326 000	868 000	24 000	656 000
Financial Income	3 000	0	0	0
Financial Costs	0	3 000	1 000	0
Financial Balance	3 000	−3 000	−1 000	0
Earnings Before Tax	−323 000	866 000	24 000	656 000
Tax	0	0	0	0
Net Income	−323 000	866 000	24 000	656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	459 000	20 000	28 000
Total Current Assets	1 809 000	1 706 000	937 000	814 000
Total Assets	1 880 000	2 165 000	957 000	842 000
Total Retained Equity	−299 000	24 000	−442 000	−466 000
Total Equity	−199 000	124 000	−342 000	−366 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 080 000	2 041 000	1 299 000	1 208 000
Total Equity and Debt	1 880 000	2 165 000	957 000	842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 039 000	18 649 000	18 184 000	17 304 000
Other Income	2 668 000	3 572 000	0	0
Revenue	20 707 000	22 221 000	18 184 000	17 304 000
Cost of Goods Sold	17 409 000	17 668 000	14 971 000	13 634 000
Salary Costs	2 578 000	2 612 000	2 115 000	2 020 000
Depreciation	3 000	11 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	21 034 000	21 353 000	18 161 000	16 647 000
Operating Profit	−326 000	868 000	24 000	656 000
Financial Income	3 000	0	0	0
Financial Costs	0	3 000	1 000	0
Financial Balance	3 000	−3 000	−1 000	0
Dividends	0	400 000	0	0
Net Income	−323 000	866 000	24 000	656 000

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	0	3 000	14 000	28 000
Total Tangible Assets	0	3 000	14 000	28 000
Total Fiancial Fixed Assets	71 000	456 000	6 000	0
Total Fixed Assets	71 000	459 000	20 000	28 000
Stock	525 000	851 000	436 000	395 000
Total Investments	0	0	0	0
Cash, Bank	60 000	368 000	198 000	142 000
Total Current Assets	1 809 000	1 706 000	937 000	814 000
Total Assets	1 880 000	2 165 000	957 000	842 000
Total Equity	−199 000	124 000	−342 000	−366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 657 000	1 134 000	872 000	801 000
Unpaid Taxes	181 000	220 000	210 000	204 000
Dividends	0	400 000	0	0
Other Current Debt	241 000	687 000	217 000	203 000
Total Current Debt	2 080 000	2 041 000	1 299 000	1 208 000
Total Equity and Debt	1 880 000	2 165 000	957 000	842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	162,31 %	698,39 %	−7,02 %	−179,23 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−1,57 %	3,91 %	0,13 %	3,79 %
Current Ratio	0,87	0,84	0,72	0,67
Quick Ratio	1,16	1,43	1,09	1
Equity Ratio	−0,11	0,06	−0,36	−0,43
Gross Profit Margin	15,93 %	20,49 %	17,67 %	21,21 %