TROPIQ ETHIOPIA AS

0578 OSLO

Finances

Share Ownership

Return on Equity

625,42 %

Current Ratio

1,61

Debt-to-Equity Ratio

4,22

Key figures (USD)	2022	2021	2020	2019
Revenue	7 726 000	5 076 000	1 745 000	2 756 000
Net Income	369 000	140 000	45 000	133 000
Total Assets	813 000	511 000	234 000	224 000
Total Equity	59 000	52 000	52 000	184 000

Income (USD)	2022	2021	2020	2019
Revenue	7 726 000	5 076 000	1 745 000	2 756 000
Expenditure	7 269 000	4 918 000	1 691 000	2 594 000
Operating Profit	457 000	158 000	55 000	162 000
Financial Income	18 000	23 000	5 000	1 000
Financial Costs	1 000	2 000	11 000	0
Financial Balance	17 000	21 000	−6 000	1 000
Earnings Before Tax	474 000	180 000	48 000	163 000
Tax	104 000	40 000	3 000	30 000
Net Income	369 000	140 000	45 000	133 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	813 000	511 000	234 000	224 000
Total Assets	813 000	511 000	234 000	224 000
Total Retained Equity	55 000	48 000	48 000	180 000
Total Equity	59 000	52 000	52 000	184 000
Total Long-Term Debt	249 000	168 000	161 000	0
Total Current Debt	504 000	291 000	22 000	39 000
Total Equity and Debt	813 000	511 000	234 000	224 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	7 726 000	5 076 000	1 745 000	2 756 000
Other Income	0	0	0	0
Revenue	7 726 000	5 076 000	1 745 000	2 756 000
Cost of Goods Sold	7 012 000	4 706 000	1 546 000	2 320 000
Salary Costs	102 000	91 000	70 000	24 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 269 000	4 918 000	1 691 000	2 594 000
Operating Profit	457 000	158 000	55 000	162 000
Financial Income	18 000	23 000	5 000	1 000
Financial Costs	1 000	2 000	11 000	0
Financial Balance	17 000	21 000	−6 000	1 000
Dividends	0	0	0	0
Net Income	369 000	140 000	45 000	133 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	16 000
Total Investments	0	0	0	0
Cash, Bank	663 000	55 000	81 000	94 000
Total Current Assets	813 000	511 000	234 000	224 000
Total Assets	813 000	511 000	234 000	224 000
Total Equity	59 000	52 000	52 000	184 000
Short-Term Group Debt	474 000	180 000	0	0
Total Long-Term Debt	249 000	168 000	161 000	0
Creditors	1 000	96 000	0	0
Unpaid Taxes	6 000	6 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	23 000	10 000	14 000	5 000
Total Current Debt	504 000	291 000	22 000	39 000
Total Equity and Debt	813 000	511 000	234 000	224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	625,42 %	269,23 %	86,54 %	72,28 %
Debt-to-Equity Ratio	4,22	3,23	3,1	0
Operating Profit Margin	5,92 %	3,11 %	3,15 %	5,88 %
Current Ratio	1,61	1,76	10,64	5,74
Quick Ratio	1,61	1,76	10,64	9,74
Equity Ratio	0,07	0,1	0,22	0,82
Gross Profit Margin	9,24 %	7,29 %	11,4 %	15,82 %