ASIAN FOOD HOLDING AS

2016 FROGNER

Finances

Return on Equity

28,15 %

Current Ratio

3,67

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	378 799 000	310 927 000	242 202 000	216 240 000
Net Income	39 485 000	27 887 000	15 332 000	9 536 000
Total Assets	181 446 000	148 900 000	132 222 000	107 121 000
Total Equity	140 258 000	101 773 000	73 886 000	58 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	378 799 000	310 927 000	242 202 000	216 240 000
Expenditure	328 553 000	274 484 000	221 703 000	203 772 000
Operating Profit	50 247 000	36 442 000	20 499 000	12 468 000
Financial Income	748 000	68 000	210 000	1 116 000
Financial Costs	337 000	730 000	1 011 000	1 371 000
Financial Balance	411 000	−662 000	−801 000	−255 000
Earnings Before Tax	50 658 000	35 781 000	19 697 000	12 213 000
Tax	11 173 000	7 893 000	4 365 000	2 678 000
Net Income	39 485 000	27 887 000	15 332 000	9 536 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 982 000	54 685 000	57 794 000	56 283 000
Total Current Assets	130 464 000	94 216 000	74 428 000	50 838 000
Total Assets	181 446 000	148 900 000	132 222 000	107 121 000
Total Retained Equity	137 358 000	98 873 000	70 986 000	55 654 000
Total Equity	140 258 000	101 773 000	73 886 000	58 554 000
Total Long-Term Debt	5 655 000	18 085 000	27 253 000	27 671 000
Total Current Debt	35 532 000	29 042 000	31 083 000	20 896 000
Total Equity and Debt	181 446 000	148 900 000	132 222 000	107 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	374 923 000	307 566 000	239 048 000	215 794 000
Other Income	3 877 000	3 361 000	3 154 000	446 000
Revenue	378 799 000	310 927 000	242 202 000	216 240 000
Cost of Goods Sold	279 732 000	228 305 000	175 772 000	159 121 000
Salary Costs	20 168 000	19 230 000	17 857 000	18 205 000
Depreciation	3 942 000	3 999 000	3 794 000	2 188 000
Impairment	0	0	0	0
Expenditure	328 553 000	274 484 000	221 703 000	203 772 000
Operating Profit	50 247 000	36 442 000	20 499 000	12 468 000
Financial Income	748 000	68 000	210 000	1 116 000
Financial Costs	337 000	730 000	1 011 000	1 371 000
Financial Balance	411 000	−662 000	−801 000	−255 000
Dividends	0	0	0	0
Net Income	39 485 000	27 887 000	15 332 000	9 536 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 368 000	1 295 000	2 409 000	1 191 000
Real Eastate	41 883 000	42 728 000	43 573 000	42 971 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 447 000	10 378 000	11 628 000	11 937 000
Total Tangible Assets	49 330 000	53 106 000	55 201 000	54 907 000
Total Fiancial Fixed Assets	284 000	284 000	184 000	184 000
Total Fixed Assets	50 982 000	54 685 000	57 794 000	56 283 000
Stock	54 997 000	45 949 000	43 758 000	29 466 000
Total Investments	0	0	0	0
Cash, Bank	62 166 000	32 358 000	18 816 000	12 156 000
Total Current Assets	130 464 000	94 216 000	74 428 000	50 838 000
Total Assets	181 446 000	148 900 000	132 222 000	107 121 000
Total Equity	140 258 000	101 773 000	73 886 000	58 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 655 000	18 085 000	27 253 000	27 671 000
Creditors	8 714 000	9 167 000	12 704 000	8 465 000
Unpaid Taxes	9 454 000	7 631 000	6 301 000	4 657 000
Dividends	0	0	0	0
Other Current Debt	6 118 000	5 466 000	6 496 000	4 699 000
Total Current Debt	35 532 000	29 042 000	31 083 000	20 896 000
Total Equity and Debt	181 446 000	148 900 000	132 222 000	107 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,15 %	27,4 %	20,75 %	16,29 %
Debt-to-Equity Ratio	0,04	0,18	0,37	0,47
Operating Profit Margin	13,26 %	11,72 %	8,46 %	5,77 %
Current Ratio	3,67	3,24	2,39	2,43
Quick Ratio	−6,7	−5,57	−5,87	−5,93
Equity Ratio	0,77	0,68	0,56	0,55
Gross Profit Margin	26,15 %	26,57 %	27,43 %	26,41 %