PRIMO FOOD AS

8003 BODØ

Finances

Share Ownership

Return on Equity

−53,53 %

Current Ratio

0,38

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 577 000	14 871 000	14 813 000	12 085 000
Net Income	−591 000	147 000	450 000	522 000
Total Assets	5 677 000	6 530 000	7 631 000	4 008 000
Total Equity	1 104 000	1 695 000	1 549 000	1 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 577 000	14 871 000	14 813 000	12 085 000
Expenditure	15 029 000	14 476 000	14 169 000	11 326 000
Operating Profit	−452 000	395 000	645 000	760 000
Financial Income	0	0	5 000	0
Financial Costs	191 000	206 000	72 000	88 000
Financial Balance	−191 000	−206 000	−67 000	−88 000
Earnings Before Tax	−643 000	189 000	578 000	671 000
Tax	−52 000	42 000	128 000	149 000
Net Income	−591 000	147 000	450 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 824 000	5 690 000	3 917 000	2 826 000
Total Current Assets	853 000	840 000	3 714 000	1 182 000
Total Assets	5 677 000	6 530 000	7 631 000	4 008 000
Total Retained Equity	114 000	705 000	559 000	108 000
Total Equity	1 104 000	1 695 000	1 549 000	1 098 000
Total Long-Term Debt	2 313 000	2 799 000	3 443 000	816 000
Total Current Debt	2 260 000	2 036 000	2 638 000	2 093 000
Total Equity and Debt	5 677 000	6 530 000	7 631 000	4 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 577 000	14 786 000	14 676 000	12 074 000
Other Income	0	85 000	137 000	11 000
Revenue	14 577 000	14 871 000	14 813 000	12 085 000
Cost of Goods Sold	4 731 000	4 772 000	5 068 000	4 044 000
Salary Costs	5 669 000	4 820 000	4 788 000	3 904 000
Depreciation	976 000	945 000	621 000	575 000
Impairment	0	0	0	0
Expenditure	15 029 000	14 476 000	14 169 000	11 326 000
Operating Profit	−452 000	395 000	645 000	760 000
Financial Income	0	0	5 000	0
Financial Costs	191 000	206 000	72 000	88 000
Financial Balance	−191 000	−206 000	−67 000	−88 000
Dividends	0	0	0	500 000
Net Income	−591 000	147 000	450 000	522 000

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	4 824 000	5 690 000	3 917 000	2 826 000
Total Tangible Assets	4 824 000	5 690 000	3 917 000	2 826 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 824 000	5 690 000	3 917 000	2 826 000
Stock	376 000	385 000	64 000	280 000
Total Investments	0	0	0	0
Cash, Bank	300 000	323 000	3 344 000	525 000
Total Current Assets	853 000	840 000	3 714 000	1 182 000
Total Assets	5 677 000	6 530 000	7 631 000	4 008 000
Total Equity	1 104 000	1 695 000	1 549 000	1 098 000
Short-Term Group Debt	61 000	515 000	500 000	0
Total Long-Term Debt	2 313 000	2 799 000	3 443 000	816 000
Creditors	953 000	347 000	1 000 000	307 000
Unpaid Taxes	376 000	400 000	226 000	448 000
Dividends	0	0	0	500 000
Other Current Debt	870 000	746 000	818 000	685 000
Total Current Debt	2 260 000	2 036 000	2 638 000	2 093 000
Total Equity and Debt	5 677 000	6 530 000	7 631 000	4 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,53 %	8,67 %	29,05 %	47,54 %
Debt-to-Equity Ratio	2,1	1,65	2,22	0,74
Operating Profit Margin	−3,1 %	2,66 %	4,35 %	6,29 %
Current Ratio	0,38	0,41	1,41	0,56
Quick Ratio	0,45	0,51	1,44	0,65
Equity Ratio	0,19	0,26	0,2	0,27
Gross Profit Margin	67,54 %	67,91 %	65,79 %	66,54 %