CHRISTENSEN AS BAKERI OG KONDITORI

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

41,75 %

Current Ratio

0,53

Debt-to-Equity Ratio

−1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 254 000	39 275 000	40 588 000	36 224 000
Net Income	−1 157 000	−1 034 000	−2 194 000	114 000
Total Assets	9 320 000	10 166 000	10 916 000	9 052 000
Total Equity	−2 771 000	−2 958 000	−1 924 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 254 000	39 275 000	40 588 000	36 224 000
Expenditure	45 980 000	40 003 000	42 451 000	35 792 000
Operating Profit	−728 000	−729 000	−1 862 000	432 000
Financial Income	15 000	18 000	20 000	15 000
Financial Costs	444 000	323 000	352 000	298 000
Financial Balance	−429 000	−305 000	−332 000	−283 000
Earnings Before Tax	−1 157 000	−1 034 000	−2 194 000	148 000
Tax	0	0	0	34 000
Net Income	−1 157 000	−1 034 000	−2 194 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 412 000	6 892 000	7 600 000	5 582 000
Total Current Assets	3 908 000	3 274 000	3 316 000	3 470 000
Total Assets	9 320 000	10 166 000	10 916 000	9 052 000
Total Retained Equity	−5 568 000	−5 755 000	−4 721 000	−2 678 000
Total Equity	−2 771 000	−2 958 000	−1 924 000	269 000
Total Long-Term Debt	4 778 000	5 127 000	2 983 000	844 000
Total Current Debt	7 313 000	7 998 000	9 858 000	7 939 000
Total Equity and Debt	9 320 000	10 166 000	10 916 000	9 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 764 000	38 827 000	40 130 000	35 883 000
Other Income	490 000	448 000	458 000	341 000
Revenue	45 254 000	39 275 000	40 588 000	36 224 000
Cost of Goods Sold	14 171 000	12 389 000	13 844 000	11 310 000
Salary Costs	18 785 000	17 400 000	18 545 000	15 000 000
Depreciation	1 413 000	1 411 000	1 285 000	689 000
Impairment	551 000	0	0	0
Expenditure	45 980 000	40 003 000	42 451 000	35 792 000
Operating Profit	−728 000	−729 000	−1 862 000	432 000
Financial Income	15 000	18 000	20 000	15 000
Financial Costs	444 000	323 000	352 000	298 000
Financial Balance	−429 000	−305 000	−332 000	−283 000
Dividends	0	0	0	0
Net Income	−1 157 000	−1 034 000	−2 194 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 118 000	1 118 000	1 118 000	1 140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 295 000	5 775 000	6 483 000	4 442 000
Total Tangible Assets	4 295 000	5 775 000	6 483 000	4 442 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 412 000	6 892 000	7 600 000	5 582 000
Stock	1 846 000	1 765 000	1 739 000	1 620 000
Total Investments	0	0	0	0
Cash, Bank	330 000	228 000	236 000	449 000
Total Current Assets	3 908 000	3 274 000	3 316 000	3 470 000
Total Assets	9 320 000	10 166 000	10 916 000	9 052 000
Total Equity	−2 771 000	−2 958 000	−1 924 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 778 000	5 127 000	2 983 000	844 000
Creditors	2 934 000	3 838 000	3 665 000	4 419 000
Unpaid Taxes	1 417 000	1 591 000	1 750 000	1 371 000
Dividends	0	0	0	0
Other Current Debt	2 468 000	2 049 000	2 943 000	1 823 000
Total Current Debt	7 313 000	7 998 000	9 858 000	7 939 000
Total Equity and Debt	9 320 000	10 166 000	10 916 000	9 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,75 %	34,96 %	114,03 %	42,38 %
Debt-to-Equity Ratio	−1,72	−1,73	−1,55	3,14
Operating Profit Margin	−1,61 %	−1,86 %	−4,59 %	1,19 %
Current Ratio	0,53	0,41	0,34	0,44
Quick Ratio	0,71	0,53	0,41	0,55
Equity Ratio	−0,3	−0,29	−0,18	0,03
Gross Profit Margin	68,69 %	68,46 %	65,89 %	68,78 %