HUHTAMAKI FOODSERVICE NORDIC OY, NORWAY BRANCH

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

39,95 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	113 572 000	108 201 000	69 045 000	66 332 000
Net Income	3 773 000	−5 769 000	−3 424 000	1 126 000
Total Assets	33 453 000	25 452 000	45 333 000	37 541 000
Total Equity	9 445 000	5 671 000	16 654 000	20 055 000

Income (NOK)	2021	2020	2019	2018
Revenue	113 572 000	108 201 000	69 045 000	66 332 000
Expenditure	109 300 000	114 345 000	70 486 000	65 551 000
Operating Profit	4 273 000	−6 143 000	−1 441 000	780 000
Financial Income	20 000	403 000	128 000	145 000
Financial Costs	519 000	29 000	84 000	56 000
Financial Balance	−499 000	374 000	44 000	89 000
Earnings Before Tax	3 773 000	−5 769 000	−1 397 000	869 000
Tax	0	0	0	201 000
Net Income	3 773 000	−5 769 000	−3 424 000	1 126 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	23 773 000	16 644 000
Total Current Assets	33 453 000	25 452 000	21 560 000	20 897 000
Total Assets	33 453 000	25 452 000	45 333 000	37 541 000
Total Retained Equity	9 445 000	5 671 000	3 483 000	6 884 000
Total Equity	9 445 000	5 671 000	16 654 000	20 055 000
Total Long-Term Debt	0	0	6 415 000	4 385 000
Total Current Debt	24 008 000	19 781 000	22 264 000	13 101 000
Total Equity and Debt	33 453 000	25 452 000	45 333 000	37 541 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	113 572 000	108 201 000	68 749 000	66 002 000
Other Income	0	0	296 000	330 000
Revenue	113 572 000	108 201 000	69 045 000	66 332 000
Cost of Goods Sold	95 652 000	96 254 000	41 860 000	39 746 000
Salary Costs	6 272 000	5 709 000	13 992 000	12 963 000
Depreciation	0	0	2 309 000	2 420 000
Impairment	0	0	116 000	0
Expenditure	109 300 000	114 345 000	70 486 000	65 551 000
Operating Profit	4 273 000	−6 143 000	−1 441 000	780 000
Financial Income	20 000	403 000	128 000	145 000
Financial Costs	519 000	29 000	84 000	56 000
Financial Balance	−499 000	374 000	44 000	89 000
Dividends	0	0	0	0
Net Income	3 773 000	−5 769 000	−3 424 000	1 126 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	2 447 000	2 812 000
Total Intangible Assets	0	0	2 915 000	3 538 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	20 710 000	12 975 000
Fixtures	0	0	112 000	118 000
Total Tangible Assets	0	0	20 822 000	13 093 000
Total Fiancial Fixed Assets	0	0	36 000	13 000
Total Fixed Assets	0	0	23 773 000	16 644 000
Stock	0	0	10 845 000	9 220 000
Total Investments	0	0	0	0
Cash, Bank	383 000	260 000	1 507 000	2 932 000
Total Current Assets	33 453 000	25 452 000	21 560 000	20 897 000
Total Assets	33 453 000	25 452 000	45 333 000	37 541 000
Total Equity	9 445 000	5 671 000	16 654 000	20 055 000
Short-Term Group Debt	4 831 000	3 310 000	11 419 000	5 894 000
Total Long-Term Debt	0	0	6 415 000	4 385 000
Creditors	8 373 000	5 876 000	5 548 000	3 260 000
Unpaid Taxes	5 145 000	4 055 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 659 000	6 540 000	5 283 000	3 686 000
Total Current Debt	24 008 000	19 781 000	22 264 000	13 101 000
Total Equity and Debt	33 453 000	25 452 000	45 333 000	37 541 000

Financial indicators	2021	2020	2019	2018
Return on Equity	39,95 %	−101,73 %	−20,56 %	5,61 %
Debt-to-Equity Ratio	0	0	0,39	0,22
Operating Profit Margin	3,76 %	−5,68 %	−2,09 %	1,18 %
Current Ratio	1,39	1,29	0,97	1,6
Quick Ratio	1,39	1,29	1,89	5,38
Equity Ratio	0,28	0,22	0,37	0,53
Gross Profit Margin	15,78 %	11,04 %	39,37 %	40,08 %