AKAR FOOD AS

0580 OSLO

Finances

Share Ownership

Return on Equity

21,27 %

Current Ratio

5,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 567 000	8 198 000	8 558 000	4 486 000
Net Income	642 000	1 248 000	506 000	399 000
Total Assets	3 629 000	3 347 000	2 848 000	1 362 000
Total Equity	3 018 000	2 375 000	1 127 000	621 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 567 000	8 198 000	8 558 000	4 486 000
Expenditure	6 689 000	6 537 000	7 909 000	4 208 000
Operating Profit	878 000	1 660 000	648 000	519 000
Financial Income	24 000	12 000	88 000	14 000
Financial Costs	63 000	66 000	74 000	18 000
Financial Balance	−39 000	−54 000	14 000	−4 000
Earnings Before Tax	839 000	1 606 000	661 000	514 000
Tax	197 000	358 000	155 000	116 000
Net Income	642 000	1 248 000	506 000	399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	230 000	304 000	0
Total Current Assets	3 474 000	3 118 000	2 544 000	1 362 000
Total Assets	3 629 000	3 347 000	2 848 000	1 362 000
Total Retained Equity	2 988 000	2 345 000	1 097 000	591 000
Total Equity	3 018 000	2 375 000	1 127 000	621 000
Total Long-Term Debt	0	0	655 000	295 000
Total Current Debt	612 000	972 000	1 065 000	445 000
Total Equity and Debt	3 629 000	3 347 000	2 848 000	1 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 567 000	8 164 000	8 558 000	4 486 000
Other Income	0	34 000	0	0
Revenue	7 567 000	8 198 000	8 558 000	4 486 000
Cost of Goods Sold	5 234 000	5 142 000	6 763 000	3 473 000
Salary Costs	682 000	658 000	566 000	367 000
Depreciation	74 000	74 000	68 000	0
Impairment	0	0	0	0
Expenditure	6 689 000	6 537 000	7 909 000	4 208 000
Operating Profit	878 000	1 660 000	648 000	519 000
Financial Income	24 000	12 000	88 000	14 000
Financial Costs	63 000	66 000	74 000	18 000
Financial Balance	−39 000	−54 000	14 000	−4 000
Dividends	0	0	0	0
Net Income	642 000	1 248 000	506 000	399 000

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	155 000	230 000	304 000	0
Total Tangible Assets	155 000	230 000	304 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	155 000	230 000	304 000	0
Stock	1 083 000	508 000	381 000	342 000
Total Investments	0	0	0	0
Cash, Bank	1 490 000	1 978 000	1 398 000	744 000
Total Current Assets	3 474 000	3 118 000	2 544 000	1 362 000
Total Assets	3 629 000	3 347 000	2 848 000	1 362 000
Total Equity	3 018 000	2 375 000	1 127 000	621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	655 000	295 000
Creditors	32 000	324 000	449 000	27 000
Unpaid Taxes	228 000	107 000	241 000	80 000
Dividends	0	0	0	0
Other Current Debt	154 000	183 000	221 000	222 000
Total Current Debt	612 000	972 000	1 065 000	445 000
Total Equity and Debt	3 629 000	3 347 000	2 848 000	1 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,27 %	52,55 %	44,9 %	64,25 %
Debt-to-Equity Ratio	0	0	0,58	0,48
Operating Profit Margin	11,6 %	20,25 %	7,57 %	11,57 %
Current Ratio	5,68	3,21	2,39	3,06
Quick Ratio	−7,38	6,72	3,72	13,22
Equity Ratio	0,83	0,71	0,4	0,46
Gross Profit Margin	30,83 %	37,28 %	20,97 %	22,58 %