C-FEED AS

7125 VANVIKAN

Finances

Share Ownership

Return on Equity

−22,89 %

Current Ratio

4,7

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 619 000	9 772 000	4 625 000	8 273 000
Net Income	−13 612 000	−8 808 000	−11 086 000	−8 957 000
Total Assets	81 772 000	46 714 000	35 147 000	37 036 000
Total Equity	59 455 000	37 287 000	16 102 000	20 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 619 000	9 772 000	4 625 000	8 273 000
Expenditure	30 973 000	21 105 000	18 694 000	19 430 000
Operating Profit	−17 354 000	−11 333 000	−14 069 000	−11 158 000
Financial Income	212 000	−102 000	214 000	48 000
Financial Costs	498 000	330 000	573 000	520 000
Financial Balance	−286 000	−432 000	−359 000	−472 000
Earnings Before Tax	−17 640 000	−11 765 000	−14 427 000	−11 630 000
Tax	−4 028 000	−2 957 000	−3 341 000	−2 674 000
Net Income	−13 612 000	−8 808 000	−11 086 000	−8 957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 565 000	30 291 000	28 144 000	28 251 000
Total Current Assets	43 206 000	16 423 000	7 002 000	8 786 000
Total Assets	81 772 000	46 714 000	35 147 000	37 036 000
Total Retained Equity	357 000	357 000	0	−22 658 000
Total Equity	59 455 000	37 287 000	16 102 000	20 906 000
Total Long-Term Debt	13 133 000	1 933 000	16 063 000	12 193 000
Total Current Debt	9 183 000	7 494 000	2 982 000	3 937 000
Total Equity and Debt	81 772 000	46 714 000	35 147 000	37 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 513 000	9 118 000	4 086 000	8 229 000
Other Income	1 106 000	654 000	539 000	44 000
Revenue	13 619 000	9 772 000	4 625 000	8 273 000
Cost of Goods Sold	2 721 000	2 029 000	5 339 000	4 916 000
Salary Costs	12 970 000	6 557 000	2 448 000	1 909 000
Depreciation	5 683 000	6 109 000	7 134 000	7 572 000
Impairment	0	0	0	292 000
Expenditure	30 973 000	21 105 000	18 694 000	19 430 000
Operating Profit	−17 354 000	−11 333 000	−14 069 000	−11 158 000
Financial Income	212 000	−102 000	214 000	48 000
Financial Costs	498 000	330 000	573 000	520 000
Financial Balance	−286 000	−432 000	−359 000	−472 000
Dividends	0	0	0	0
Net Income	−13 612 000	−8 808 000	−11 086 000	−8 957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 204 000	26 943 000	24 693 000	22 226 000
Real Eastate	0	92 000	0	0
Machinery and Plant Facilities	0	337 000	535 000	745 000
Fixtures	8 303 000	2 919 000	2 917 000	5 279 000
Total Tangible Assets	8 303 000	3 348 000	3 451 000	6 024 000
Total Fiancial Fixed Assets	59 000	0	0	0
Total Fixed Assets	38 565 000	30 291 000	28 144 000	28 251 000
Stock	220 000	647 000	871 000	1 314 000
Total Investments	0	0	0	0
Cash, Bank	40 791 000	13 091 000	4 234 000	2 067 000
Total Current Assets	43 206 000	16 423 000	7 002 000	8 786 000
Total Assets	81 772 000	46 714 000	35 147 000	37 036 000
Total Equity	59 455 000	37 287 000	16 102 000	20 906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 133 000	1 933 000	16 063 000	12 193 000
Creditors	3 435 000	1 812 000	477 000	1 586 000
Unpaid Taxes	2 078 000	639 000	482 000	602 000
Dividends	0	0	0	0
Other Current Debt	3 670 000	5 043 000	2 023 000	1 749 000
Total Current Debt	9 183 000	7 494 000	2 982 000	3 937 000
Total Equity and Debt	81 772 000	46 714 000	35 147 000	37 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,89 %	−23,62 %	−68,85 %	−42,84 %
Debt-to-Equity Ratio	0,22	0,05	1	0,58
Operating Profit Margin	−127,42 %	−115,97 %	−304,19 %	−134,87 %
Current Ratio	4,7	2,19	2,35	2,23
Quick Ratio	4,82	2,4	3,32	3,35
Equity Ratio	0,73	0,8	0,46	0,56
Gross Profit Margin	80,02 %	79,24 %	−15,44 %	40,58 %