NORSK FRYSETØRKING AS

6590 TUSTNA

Finances

Return on Equity

4,63 %

Current Ratio

9,27

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 846 000	2 663 000	1 359 000	740 000
Net Income	209 000	268 000	76 000	121 000
Total Assets	8 101 000	7 857 000	4 544 000	4 119 000
Total Equity	4 511 000	4 302 000	4 034 000	3 958 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 846 000	2 663 000	1 359 000	740 000
Expenditure	6 548 000	2 230 000	1 283 000	618 000
Operating Profit	299 000	433 000	75 000	121 000
Financial Income	12 000	6 000	1 000	0
Financial Costs	140 000	95 000	0	0
Financial Balance	−128 000	−89 000	1 000	0
Earnings Before Tax	171 000	344 000	76 000	121 000
Tax	−38 000	76 000	0	0
Net Income	209 000	268 000	76 000	121 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 967 000	3 271 000	189 000	1 189 000
Total Current Assets	5 134 000	4 587 000	4 355 000	2 930 000
Total Assets	8 101 000	7 857 000	4 544 000	4 119 000
Total Retained Equity	3 238 000	3 029 000	2 761 000	2 685 000
Total Equity	4 511 000	4 302 000	4 034 000	3 958 000
Total Long-Term Debt	3 036 000	1 727 000	0	0
Total Current Debt	554 000	1 828 000	509 000	161 000
Total Equity and Debt	8 101 000	7 857 000	4 544 000	4 119 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 030 000	2 611 000	1 359 000	740 000
Other Income	816 000	51 000	0	0
Revenue	6 846 000	2 663 000	1 359 000	740 000
Cost of Goods Sold	4 056 000	292 000	28 000	0
Salary Costs	1 459 000	1 235 000	612 000	475 000
Depreciation	123 000	66 000	36 000	0
Impairment	0	0	0	0
Expenditure	6 548 000	2 230 000	1 283 000	618 000
Operating Profit	299 000	433 000	75 000	121 000
Financial Income	12 000	6 000	1 000	0
Financial Costs	140 000	95 000	0	0
Financial Balance	−128 000	−89 000	1 000	0
Dividends	0	0	0	0
Net Income	209 000	268 000	76 000	121 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 662 000	1 419 000	−1 424 000	0
Machinery and Plant Facilities	911 000	548 000	470 000	189 000
Fixtures	393 000	304 000	143 000	0
Total Tangible Assets	2 967 000	2 271 000	−811 000	189 000
Total Fiancial Fixed Assets	0	1 000 000	1 000 000	1 000 000
Total Fixed Assets	2 967 000	3 271 000	189 000	1 189 000
Stock	1 921 000	2 512 000	195 000	0
Total Investments	2 760 000	1 760 000	0	0
Cash, Bank	51 000	298 000	3 963 000	2 073 000
Total Current Assets	5 134 000	4 587 000	4 355 000	2 930 000
Total Assets	8 101 000	7 857 000	4 544 000	4 119 000
Total Equity	4 511 000	4 302 000	4 034 000	3 958 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 036 000	1 727 000	0	0
Creditors	240 000	813 000	228 000	111 000
Unpaid Taxes	155 000	426 000	70 000	10 000
Dividends	0	0	0	0
Other Current Debt	197 000	513 000	212 000	40 000
Total Current Debt	554 000	1 828 000	509 000	161 000
Total Equity and Debt	8 101 000	7 857 000	4 544 000	4 119 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,63 %	6,23 %	1,88 %	3,06 %
Debt-to-Equity Ratio	0,67	0,4	0	0
Operating Profit Margin	4,37 %	16,26 %	5,52 %	16,35 %
Current Ratio	9,27	2,51	8,56	18,2
Quick Ratio	−3,76	−6,71	13,87	18,2
Equity Ratio	0,56	0,55	0,89	0,96
Gross Profit Margin	40,75 %	89,03 %	97,94 %	100 %