XL FOOD COMPANY AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−2 950 %

Current Ratio

0,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 727 000	2 719 000	3 260 000	5 883 000
Net Income	−885 000	−453 000	−449 000	−159 000
Total Assets	9 726 000	3 128 000	2 743 000	2 905 000
Total Equity	30 000	145 000	157 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 727 000	2 719 000	3 260 000	5 883 000
Expenditure	4 819 000	3 250 000	3 769 000	6 065 000
Operating Profit	−1 092 000	−531 000	−509 000	−182 000
Financial Income	0	0	0	0
Financial Costs	42 000	49 000	59 000	21 000
Financial Balance	−42 000	−49 000	−59 000	−21 000
Earnings Before Tax	−1 134 000	−580 000	−568 000	−204 000
Tax	−250 000	−128 000	−118 000	−44 000
Net Income	−885 000	−453 000	−449 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 546 000	978 000	1 007 000	1 039 000
Total Current Assets	3 180 000	2 149 000	1 736 000	1 867 000
Total Assets	9 726 000	3 128 000	2 743 000	2 905 000
Total Retained Equity	0	115 000	127 000	158 000
Total Equity	30 000	145 000	157 000	188 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 696 000	2 982 000	2 586 000	2 717 000
Total Equity and Debt	9 726 000	3 128 000	2 743 000	2 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 687 000	1 453 000	3 260 000	5 883 000
Other Income	41 000	1 266 000	0	0
Revenue	3 727 000	2 719 000	3 260 000	5 883 000
Cost of Goods Sold	2 320 000	1 210 000	1 734 000	3 008 000
Salary Costs	909 000	551 000	468 000	1 208 000
Depreciation	32 000	32 000	32 000	49 000
Impairment	0	0	0	0
Expenditure	4 819 000	3 250 000	3 769 000	6 065 000
Operating Profit	−1 092 000	−531 000	−509 000	−182 000
Financial Income	0	0	0	0
Financial Costs	42 000	49 000	59 000	21 000
Financial Balance	−42 000	−49 000	−59 000	−21 000
Dividends	0	0	0	0
Net Income	−885 000	−453 000	−449 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	4 000	1 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 513 000	44 000	76 000	108 000
Total Tangible Assets	5 513 000	44 000	76 000	108 000
Total Fiancial Fixed Assets	930 000	930 000	930 000	930 000
Total Fixed Assets	6 546 000	978 000	1 007 000	1 039 000
Stock	957 000	653 000	299 000	781 000
Total Investments	0	0	0	0
Cash, Bank	20 000	17 000	4 000	15 000
Total Current Assets	3 180 000	2 149 000	1 736 000	1 867 000
Total Assets	9 726 000	3 128 000	2 743 000	2 905 000
Total Equity	30 000	145 000	157 000	188 000
Short-Term Group Debt	2 443 000	1 079 000	2 412 000	1 585 000
Total Long-Term Debt	0	0	0	0
Creditors	5 931 000	641 000	62 000	150 000
Unpaid Taxes	36 000	29 000	7 000	157 000
Dividends	0	0	0	0
Other Current Debt	1 286 000	1 233 000	105 000	215 000
Total Current Debt	9 696 000	2 982 000	2 586 000	2 717 000
Total Equity and Debt	9 726 000	3 128 000	2 743 000	2 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 950 %	−312,41 %	−285,99 %	−84,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−29,3 %	−19,53 %	−15,61 %	−3,09 %
Current Ratio	0,33	0,72	0,67	0,69
Quick Ratio	0,36	0,92	0,76	0,96
Equity Ratio	0	0,05	0,06	0,06
Gross Profit Margin	37,75 %	55,5 %	46,81 %	48,87 %