TASTE OF NORWAY AS

1479 KURLAND

Finances

Share Ownership

Return on Equity

−4,14 %

Current Ratio

1,72

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	885 000	1 202 000	1 089 000	937 000
Net Income	−6 000	−2 000	56 000	127 000
Total Assets	712 000	626 000	408 000	372 000
Total Equity	145 000	151 000	137 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	885 000	1 202 000	1 089 000	937 000
Expenditure	860 000	1 176 000	1 009 000	744 000
Operating Profit	24 000	27 000	80 000	170 000
Financial Income	0	0	0	0
Financial Costs	23 000	29 000	6 000	7 000
Financial Balance	−23 000	−29 000	−6 000	−7 000
Earnings Before Tax	1 000	−2 000	75 000	163 000
Tax	7 000	0	19 000	36 000
Net Income	−6 000	−2 000	56 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	178 000	22 000	28 000
Total Current Assets	576 000	449 000	386 000	344 000
Total Assets	712 000	626 000	408 000	372 000
Total Retained Equity	15 000	21 000	107 000	51 000
Total Equity	145 000	151 000	137 000	81 000
Total Long-Term Debt	232 000	270 000	0	0
Total Current Debt	335 000	205 000	271 000	291 000
Total Equity and Debt	712 000	626 000	408 000	372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	885 000	1 202 000	1 089 000	937 000
Other Income	0	0	0	0
Revenue	885 000	1 202 000	1 089 000	937 000
Cost of Goods Sold	530 000	690 000	657 000	426 000
Salary Costs	0	102 000	102 000	39 000
Depreciation	42 000	55 000	6 000	20 000
Impairment	0	0	0	0
Expenditure	860 000	1 176 000	1 009 000	744 000
Operating Profit	24 000	27 000	80 000	170 000
Financial Income	0	0	0	0
Financial Costs	23 000	29 000	6 000	7 000
Financial Balance	−23 000	−29 000	−6 000	−7 000
Dividends	0	0	0	0
Net Income	−6 000	−2 000	56 000	127 000

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	136 000	178 000	22 000	28 000
Total Tangible Assets	136 000	178 000	22 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	136 000	178 000	22 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	352 000	95 000	98 000	269 000
Total Current Assets	576 000	449 000	386 000	344 000
Total Assets	712 000	626 000	408 000	372 000
Total Equity	145 000	151 000	137 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	232 000	270 000	0	0
Creditors	186 000	42 000	38 000	102 000
Unpaid Taxes	53 000	12 000	46 000	56 000
Dividends	0	0	0	0
Other Current Debt	89 000	151 000	169 000	97 000
Total Current Debt	335 000	205 000	271 000	291 000
Total Equity and Debt	712 000	626 000	408 000	372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,14 %	−1,32 %	40,88 %	156,79 %
Debt-to-Equity Ratio	1,6	1,79	0	0
Operating Profit Margin	2,71 %	2,25 %	7,35 %	18,14 %
Current Ratio	1,72	2,19	1,42	1,18
Quick Ratio	1,72	2,19	1,42	1,18
Equity Ratio	0,2	0,24	0,34	0,22
Gross Profit Margin	40,11 %	42,6 %	39,67 %	54,54 %