ICELAND MAT AS

0170 OSLO

Finances

Share Ownership

Return on Equity

−36,87 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	41 045 000	48 870 000	27 172 000	7 240 000
Net Income	−12 760 000	1 800 000	−3 916 000	282 000
Total Assets	42 566 000	54 432 000	39 275 000	15 438 000
Total Equity	34 606 000	36 245 000	27 224 000	13 064 000

Income (NOK)	2021	2020	2019	2018
Revenue	41 045 000	48 870 000	27 172 000	7 240 000
Expenditure	54 512 000	48 754 000	32 003 000	7 223 000
Operating Profit	−13 467 000	116 000	−4 830 000	18 000
Financial Income	82 000	2 450 000	4 000	31 000
Financial Costs	436 000	859 000	194 000	39 000
Financial Balance	−354 000	1 591 000	−190 000	−8 000
Earnings Before Tax	−13 821 000	1 708 000	−5 020 000	10 000
Tax	−1 061 000	−92 000	−1 104 000	−272 000
Net Income	−12 760 000	1 800 000	−3 916 000	282 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	19 676 000	39 126 000	30 694 000	10 803 000
Total Current Assets	22 889 000	15 307 000	8 580 000	4 634 000
Total Assets	42 566 000	54 432 000	39 275 000	15 438 000
Total Retained Equity	0	1 800 000	0	282 000
Total Equity	34 606 000	36 245 000	27 224 000	13 064 000
Total Long-Term Debt	0	0	1 744 000	0
Total Current Debt	7 960 000	18 188 000	10 307 000	2 373 000
Total Equity and Debt	42 566 000	54 432 000	39 275 000	15 438 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	40 900 000	48 657 000	27 133 000	7 209 000
Other Income	145 000	212 000	39 000	31 000
Revenue	41 045 000	48 870 000	27 172 000	7 240 000
Cost of Goods Sold	28 907 000	32 935 000	19 372 000	5 226 000
Salary Costs	15 409 000	7 786 000	8 456 000	836 000
Depreciation	1 473 000	762 000	1 076 000	147 000
Impairment	0	0	0	0
Expenditure	54 512 000	48 754 000	32 003 000	7 223 000
Operating Profit	−13 467 000	116 000	−4 830 000	18 000
Financial Income	82 000	2 450 000	4 000	31 000
Financial Costs	436 000	859 000	194 000	39 000
Financial Balance	−354 000	1 591 000	−190 000	−8 000
Dividends	0	0	0	0
Net Income	−12 760 000	1 800 000	−3 916 000	282 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	10 525 000	1 468 000	1 377 000	272 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 151 000	9 915 000	28 483 000	10 501 000
Total Tangible Assets	9 151 000	9 915 000	28 483 000	10 501 000
Total Fiancial Fixed Assets	0	27 742 000	834 000	30 000
Total Fixed Assets	19 676 000	39 126 000	30 694 000	10 803 000
Stock	9 224 000	11 076 000	6 479 000	2 899 000
Total Investments	0	0	0	0
Cash, Bank	9 161 000	2 526 000	1 110 000	1 395 000
Total Current Assets	22 889 000	15 307 000	8 580 000	4 634 000
Total Assets	42 566 000	54 432 000	39 275 000	15 438 000
Total Equity	34 606 000	36 245 000	27 224 000	13 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 744 000	0
Creditors	5 539 000	8 462 000	2 789 000	1 869 000
Unpaid Taxes	953 000	1 547 000	1 022 000	169 000
Dividends	0	0	0	0
Other Current Debt	1 469 000	1 471 000	1 170 000	336 000
Total Current Debt	7 960 000	18 188 000	10 307 000	2 373 000
Total Equity and Debt	42 566 000	54 432 000	39 275 000	15 438 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−36,87 %	4,97 %	−14,38 %	2,16 %
Debt-to-Equity Ratio	0	0	0,06	0
Operating Profit Margin	−32,81 %	0,24 %	−17,78 %	0,25 %
Current Ratio	2,88	0,84	0,83	1,95
Quick Ratio	−18,11	2,15	2,24	−8,81
Equity Ratio	0,81	0,67	0,69	0,85
Gross Profit Margin	29,57 %	32,61 %	28,71 %	27,82 %