SCANDINAVIAN FOOD COMPANY AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−1,48 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 694 000	2 511 000	2 459 000	1 525 000
Net Income	−8 000	60 000	24 000	16 000
Total Assets	839 000	640 000	798 000	549 000
Total Equity	539 000	547 000	488 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 694 000	2 511 000	2 459 000	1 525 000
Expenditure	1 701 000	2 452 000	2 362 000	1 494 000
Operating Profit	−7 000	59 000	97 000	30 000
Financial Income	7 000	12 000	10 000	4 000
Financial Costs	9 000	11 000	61 000	18 000
Financial Balance	−2 000	1 000	−51 000	−14 000
Earnings Before Tax	−8 000	60 000	46 000	16 000
Tax	0	0	22 000	0
Net Income	−8 000	60 000	24 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	839 000	640 000	798 000	549 000
Total Assets	839 000	640 000	798 000	549 000
Total Retained Equity	439 000	447 000	388 000	364 000
Total Equity	539 000	547 000	488 000	464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	300 000	93 000	310 000	85 000
Total Equity and Debt	839 000	640 000	798 000	549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 694 000	2 511 000	2 459 000	1 520 000
Other Income	0	0	0	5 000
Revenue	1 694 000	2 511 000	2 459 000	1 525 000
Cost of Goods Sold	1 258 000	1 854 000	1 724 000	972 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 701 000	2 452 000	2 362 000	1 494 000
Operating Profit	−7 000	59 000	97 000	30 000
Financial Income	7 000	12 000	10 000	4 000
Financial Costs	9 000	11 000	61 000	18 000
Financial Balance	−2 000	1 000	−51 000	−14 000
Dividends	0	0	0	0
Net Income	−8 000	60 000	24 000	16 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	366 000	458 000	553 000	280 000
Total Investments	0	0	0	0
Cash, Bank	272 000	68 000	142 000	184 000
Total Current Assets	839 000	640 000	798 000	549 000
Total Assets	839 000	640 000	798 000	549 000
Total Equity	539 000	547 000	488 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	294 000	66 000	259 000	70 000
Unpaid Taxes	4 000	7 000	29 000	16 000
Dividends	0	0	0	0
Other Current Debt	1 000	20 000	0	0
Total Current Debt	300 000	93 000	310 000	85 000
Total Equity and Debt	839 000	640 000	798 000	549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,48 %	10,97 %	4,92 %	3,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,41 %	2,35 %	3,94 %	1,97 %
Current Ratio	2,8	6,88	2,57	6,46
Quick Ratio	−12,71	−1,75	−3,28	−2,82
Equity Ratio	0,64	0,85	0,61	0,85
Gross Profit Margin	25,74 %	26,16 %	29,89 %	36,26 %