NORRØNA STORKJØKKEN HAUGESUND AS

5519 HAUGESUND

Finances

Share Ownership

Return on Equity

62,9 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 646 000	27 044 000	18 837 000	21 268 000
Net Income	1 902 000	986 000	−375 000	−1 567 000
Total Assets	11 351 000	9 040 000	5 291 000	5 683 000
Total Equity	3 024 000	2 622 000	2 636 000	3 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 646 000	27 044 000	18 837 000	21 268 000
Expenditure	31 094 000	25 731 000	19 303 000	23 248 000
Operating Profit	2 552 000	1 313 000	−465 000	−1 981 000
Financial Income	69 000	7 000	8 000	14 000
Financial Costs	179 000	50 000	17 000	38 000
Financial Balance	−110 000	−43 000	−9 000	−24 000
Earnings Before Tax	2 442 000	1 270 000	−473 000	−2 006 000
Tax	540 000	284 000	−98 000	−439 000
Net Income	1 902 000	986 000	−375 000	−1 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	712 000	1 222 000	986 000	1 101 000
Total Current Assets	10 640 000	7 819 000	4 305 000	4 582 000
Total Assets	11 351 000	9 040 000	5 291 000	5 683 000
Total Retained Equity	2 924 000	2 522 000	2 536 000	2 911 000
Total Equity	3 024 000	2 622 000	2 636 000	3 011 000
Total Long-Term Debt	466 000	605 000	0	0
Total Current Debt	7 861 000	5 813 000	2 654 000	2 671 000
Total Equity and Debt	11 351 000	9 040 000	5 291 000	5 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 646 000	26 955 000	18 837 000	21 268 000
Other Income	0	89 000	0	0
Revenue	33 646 000	27 044 000	18 837 000	21 268 000
Cost of Goods Sold	21 974 000	17 597 000	11 947 000	14 680 000
Salary Costs	5 821 000	5 229 000	4 562 000	5 524 000
Depreciation	277 000	265 000	214 000	171 000
Impairment	0	0	0	0
Expenditure	31 094 000	25 731 000	19 303 000	23 248 000
Operating Profit	2 552 000	1 313 000	−465 000	−1 981 000
Financial Income	69 000	7 000	8 000	14 000
Financial Costs	179 000	50 000	17 000	38 000
Financial Balance	−110 000	−43 000	−9 000	−24 000
Dividends	1 500 000	1 000 000	0	0
Net Income	1 902 000	986 000	−375 000	−1 567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	280 000	564 000	466 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	494 000	655 000	9 000	30 000
Fixtures	218 000	287 000	412 000	605 000
Total Tangible Assets	712 000	942 000	422 000	635 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	712 000	1 222 000	986 000	1 101 000
Stock	2 060 000	2 055 000	1 544 000	2 102 000
Total Investments	0	0	0	0
Cash, Bank	1 366 000	2 340 000	1 120 000	853 000
Total Current Assets	10 640 000	7 819 000	4 305 000	4 582 000
Total Assets	11 351 000	9 040 000	5 291 000	5 683 000
Total Equity	3 024 000	2 622 000	2 636 000	3 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	466 000	605 000	0	0
Creditors	3 632 000	3 117 000	1 174 000	1 418 000
Unpaid Taxes	1 641 000	773 000	948 000	683 000
Dividends	1 500 000	1 000 000	0	0
Other Current Debt	830 000	923 000	533 000	571 000
Total Current Debt	7 861 000	5 813 000	2 654 000	2 671 000
Total Equity and Debt	11 351 000	9 040 000	5 291 000	5 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,9 %	37,6 %	−14,23 %	−52,04 %
Debt-to-Equity Ratio	0,15	0,23	0	0
Operating Profit Margin	7,58 %	4,86 %	−2,47 %	−9,31 %
Current Ratio	1,35	1,35	1,62	1,72
Quick Ratio	1,83	2,08	3,88	8,05
Equity Ratio	0,27	0,29	0,5	0,53
Gross Profit Margin	34,69 %	34,93 %	36,58 %	30,98 %