C FOOD NORWAY AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

2,08 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 354 000	67 013 000	99 234 000	138 645 000
Net Income	510 000	−5 196 000	931 000	1 653 000
Total Assets	87 083 000	67 031 000	61 703 000	42 443 000
Total Equity	24 461 000	14 982 000	20 179 000	19 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 354 000	67 013 000	99 234 000	138 645 000
Expenditure	76 403 000	59 709 000	119 991 000	135 692 000
Operating Profit	779 000	−5 233 000	89 000	2 954 000
Financial Income	3 277 000	2 361 000	6 855 000	916 000
Financial Costs	3 546 000	2 324 000	6 012 000	2 216 000
Financial Balance	−269 000	37 000	843 000	−1 300 000
Earnings Before Tax	510 000	−5 196 000	931 000	1 653 000
Tax	0	0	0	0
Net Income	510 000	−5 196 000	931 000	1 653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 380 000	23 029 000	18 064 000	11 794 000
Total Current Assets	55 703 000	44 002 000	43 639 000	30 649 000
Total Assets	87 083 000	67 031 000	61 703 000	42 443 000
Total Retained Equity	3 120 000	2 610 000	7 806 000	6 874 000
Total Equity	24 461 000	14 982 000	20 179 000	19 247 000
Total Long-Term Debt	4 742 000	6 846 000	2 782 000	2 561 000
Total Current Debt	57 880 000	45 203 000	38 743 000	20 635 000
Total Equity and Debt	87 083 000	67 031 000	61 703 000	42 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 075 000	66 803 000	99 233 000	138 645 000
Other Income	278 000	210 000	1 000	0
Revenue	87 354 000	67 013 000	99 234 000	138 645 000
Cost of Goods Sold	67 710 000	52 176 000	115 819 000	131 067 000
Salary Costs	1 613 000	1 833 000	788 000	9 000
Depreciation	0	0	5 000	0
Impairment	0	0	0	0
Expenditure	76 403 000	59 709 000	119 991 000	135 692 000
Operating Profit	779 000	−5 233 000	89 000	2 954 000
Financial Income	3 277 000	2 361 000	6 855 000	916 000
Financial Costs	3 546 000	2 324 000	6 012 000	2 216 000
Financial Balance	−269 000	37 000	843 000	−1 300 000
Dividends	0	0	0	0
Net Income	510 000	−5 196 000	931 000	1 653 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 208 000	3 208 000	20 000	308 000
Total Intangible Assets	11 109 000	8 170 000	2 464 000	1 516 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	41 000	0
Total Tangible Assets	0	0	41 000	0
Total Fiancial Fixed Assets	20 271 000	14 858 000	15 559 000	10 278 000
Total Fixed Assets	31 380 000	23 029 000	18 064 000	11 794 000
Stock	14 112 000	24 284 000	36 758 000	10 255 000
Total Investments	0	0	0	0
Cash, Bank	4 101 000	770 000	86 000	101 000
Total Current Assets	55 703 000	44 002 000	43 639 000	30 649 000
Total Assets	87 083 000	67 031 000	61 703 000	42 443 000
Total Equity	24 461 000	14 982 000	20 179 000	19 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 742 000	6 846 000	2 782 000	2 561 000
Creditors	37 460 000	16 062 000	13 475 000	8 336 000
Unpaid Taxes	175 000	283 000	119 000	0
Dividends	0	0	0	0
Other Current Debt	6 050 000	17 113 000	17 350 000	6 382 000
Total Current Debt	57 880 000	45 203 000	38 743 000	20 635 000
Total Equity and Debt	87 083 000	67 031 000	61 703 000	42 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,08 %	−34,68 %	4,61 %	8,59 %
Debt-to-Equity Ratio	0,19	0,46	0,14	0,13
Operating Profit Margin	0,89 %	−7,81 %	0,09 %	2,13 %
Current Ratio	0,96	0,97	1,13	1,49
Quick Ratio	1,27	2,1	21,98	2,95
Equity Ratio	0,28	0,22	0,33	0,45
Gross Profit Margin	22,49 %	22,14 %	−16,71 %	5,47 %