FLOWFOOD AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

−75,87 %

Current Ratio

1,95

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 187 000	3 108 000	2 295 000	978 000
Net Income	−1 887 000	−610 000	−602 000	−640 000
Total Assets	10 981 000	6 897 000	3 476 000	2 864 000
Total Equity	2 487 000	3 374 000	1 483 000	1 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 187 000	3 108 000	2 295 000	978 000
Expenditure	7 785 000	3 757 000	2 998 000	1 749 000
Operating Profit	−2 598 000	−649 000	−703 000	−771 000
Financial Income	52 000	24 000	2 000	0
Financial Costs	256 000	54 000	87 000	48 000
Financial Balance	−204 000	−30 000	−85 000	−48 000
Earnings Before Tax	−2 801 000	−679 000	−788 000	−819 000
Tax	−914 000	−69 000	−186 000	−179 000
Net Income	−1 887 000	−610 000	−602 000	−640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 646 000	3 989 000	2 368 000	1 997 000
Total Current Assets	6 335 000	2 908 000	1 109 000	868 000
Total Assets	10 981 000	6 897 000	3 476 000	2 864 000
Total Retained Equity	0	−21 000	−1 108 000	−506 000
Total Equity	2 487 000	3 374 000	1 483 000	1 219 000
Total Long-Term Debt	5 254 000	1 816 000	1 268 000	1 227 000
Total Current Debt	3 241 000	1 707 000	725 000	418 000
Total Equity and Debt	10 981 000	6 897 000	3 476 000	2 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 187 000	3 108 000	2 295 000	978 000
Other Income	0	0	0	0
Revenue	5 187 000	3 108 000	2 295 000	978 000
Cost of Goods Sold	4 413 000	1 856 000	2 091 000	501 000
Salary Costs	−252 000	224 000	217 000	445 000
Depreciation	660 000	380 000	265 000	40 000
Impairment	0	0	0	0
Expenditure	7 785 000	3 757 000	2 998 000	1 749 000
Operating Profit	−2 598 000	−649 000	−703 000	−771 000
Financial Income	52 000	24 000	2 000	0
Financial Costs	256 000	54 000	87 000	48 000
Financial Balance	−204 000	−30 000	−85 000	−48 000
Dividends	0	0	0	0
Net Income	−1 887 000	−610 000	−602 000	−640 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	120 000	160 000
Total Intangible Assets	4 646 000	3 989 000	2 368 000	1 997 000
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	4 646 000	3 989 000	2 368 000	1 997 000
Stock	2 098 000	1 108 000	234 000	193 000
Total Investments	0	0	0	0
Cash, Bank	2 370 000	1 053 000	571 000	276 000
Total Current Assets	6 335 000	2 908 000	1 109 000	868 000
Total Assets	10 981 000	6 897 000	3 476 000	2 864 000
Total Equity	2 487 000	3 374 000	1 483 000	1 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 254 000	1 816 000	1 268 000	1 227 000
Creditors	2 804 000	1 318 000	293 000	114 000
Unpaid Taxes	144 000	50 000	72 000	60 000
Dividends	0	0	0	0
Other Current Debt	293 000	339 000	360 000	244 000
Total Current Debt	3 241 000	1 707 000	725 000	418 000
Total Equity and Debt	10 981 000	6 897 000	3 476 000	2 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,87 %	−18,08 %	−40,59 %	−52,5 %
Debt-to-Equity Ratio	2,11	0,54	0,86	1,01
Operating Profit Margin	−50,09 %	−20,88 %	−30,63 %	−78,83 %
Current Ratio	1,95	1,7	1,53	2,08
Quick Ratio	5,54	4,85	2,26	3,86
Equity Ratio	0,23	0,49	0,43	0,43
Gross Profit Margin	14,92 %	40,28 %	8,89 %	48,77 %