ØKOLOGISK FRILANDSGRIS AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

4,65 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 985 000	7 816 000	8 329 000	3 830 000
Net Income	−66 000	−293 000	−632 000	−951 000
Total Assets	508 000	1 125 000	827 000	1 629 000
Total Equity	−1 420 000	−1 353 000	−1 079 000	−446 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 985 000	7 816 000	8 329 000	3 830 000
Expenditure	6 009 000	8 063 000	8 905 000	4 769 000
Operating Profit	−24 000	−247 000	−577 000	−939 000
Financial Income	2 000	2 000	0	0
Financial Costs	44 000	47 000	56 000	14 000
Financial Balance	−42 000	−45 000	−56 000	−14 000
Earnings Before Tax	−66 000	−293 000	−632 000	−952 000
Tax	0	0	0	−1 000
Net Income	−66 000	−293 000	−632 000	−951 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	19 000	26 000	32 000
Total Current Assets	495 000	1 106 000	801 000	1 597 000
Total Assets	508 000	1 125 000	827 000	1 629 000
Total Retained Equity	−1 859 000	−1 792 000	−1 518 000	−885 000
Total Equity	−1 420 000	−1 353 000	−1 079 000	−446 000
Total Long-Term Debt	780 000	1 020 000	1 200 000	1 200 000
Total Current Debt	1 148 000	1 459 000	705 000	875 000
Total Equity and Debt	508 000	1 125 000	827 000	1 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 985 000	7 816 000	8 327 000	3 455 000
Other Income	0	0	2 000	375 000
Revenue	5 985 000	7 816 000	8 329 000	3 830 000
Cost of Goods Sold	5 351 000	7 734 000	8 275 000	4 208 000
Salary Costs	310 000	0	0	0
Depreciation	6 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	6 009 000	8 063 000	8 905 000	4 769 000
Operating Profit	−24 000	−247 000	−577 000	−939 000
Financial Income	2 000	2 000	0	0
Financial Costs	44 000	47 000	56 000	14 000
Financial Balance	−42 000	−45 000	−56 000	−14 000
Dividends	0	0	0	0
Net Income	−66 000	−293 000	−632 000	−951 000

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	13 000	19 000	26 000	32 000
Total Tangible Assets	13 000	19 000	26 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	19 000	26 000	32 000
Stock	157 000	348 000	487 000	1 023 000
Total Investments	0	0	0	0
Cash, Bank	30 000	60 000	107 000	9 000
Total Current Assets	495 000	1 106 000	801 000	1 597 000
Total Assets	508 000	1 125 000	827 000	1 629 000
Total Equity	−1 420 000	−1 353 000	−1 079 000	−446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	780 000	1 020 000	1 200 000	1 200 000
Creditors	806 000	1 315 000	1 041 000	713 000
Unpaid Taxes	0	0	61 000	0
Dividends	0	0	0	0
Other Current Debt	342 000	144 000	−397 000	162 000
Total Current Debt	1 148 000	1 459 000	705 000	875 000
Total Equity and Debt	508 000	1 125 000	827 000	1 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,65 %	21,66 %	58,57 %	213,23 %
Debt-to-Equity Ratio	−0,55	−0,75	−1,11	−2,69
Operating Profit Margin	−0,4 %	−3,16 %	−6,93 %	−24,52 %
Current Ratio	0,43	0,76	1,14	1,83
Quick Ratio	0,5	1	3,67	−10,79
Equity Ratio	−2,8	−1,2	−1,3	−0,27
Gross Profit Margin	10,59 %	1,05 %	0,65 %	−9,87 %