NORWEGIAN FOODSTORE AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

43,6 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 126 000	4 313 000	3 142 000	833 000
Net Income	177 000	71 000	403 000	−5 000
Total Assets	1 347 000	990 000	850 000	74 000
Total Equity	406 000	499 000	398 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 126 000	4 313 000	3 142 000	833 000
Expenditure	6 931 000	4 214 000	2 626 000	837 000
Operating Profit	196 000	99 000	517 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	195 000	98 000	517 000	−5 000
Tax	18 000	27 000	114 000	0
Net Income	177 000	71 000	403 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	1 000
Total Current Assets	1 347 000	990 000	846 000	72 000
Total Assets	1 347 000	990 000	850 000	74 000
Total Retained Equity	346 000	469 000	398 000	−5 000
Total Equity	406 000	499 000	398 000	25 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	940 000	490 000	452 000	48 000
Total Equity and Debt	1 347 000	990 000	850 000	74 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 121 000	4 313 000	3 142 000	833 000
Other Income	5 000	0	0	0
Revenue	7 126 000	4 313 000	3 142 000	833 000
Cost of Goods Sold	4 483 000	2 883 000	2 047 000	390 000
Salary Costs	1 668 000	583 000	245 000	189 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 931 000	4 214 000	2 626 000	837 000
Operating Profit	196 000	99 000	517 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	300 000	0	0	0
Net Income	177 000	71 000	403 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	1 000
Total Tangible Assets	0	0	1 000	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	1 000
Stock	13 000	13 000	13 000	3 000
Total Investments	0	0	0	0
Cash, Bank	1 120 000	785 000	740 000	38 000
Total Current Assets	1 347 000	990 000	846 000	72 000
Total Assets	1 347 000	990 000	850 000	74 000
Total Equity	406 000	499 000	398 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	544 000	395 000	263 000	0
Unpaid Taxes	106 000	0	37 000	17 000
Dividends	300 000	0	0	0
Other Current Debt	269 000	70 000	36 000	31 000
Total Current Debt	940 000	490 000	452 000	48 000
Total Equity and Debt	1 347 000	990 000	850 000	74 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,6 %	14,23 %	101,26 %	−20 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,75 %	2,3 %	16,45 %	−0,6 %
Current Ratio	1,43	2,02	1,87	1,5
Quick Ratio	1,45	2,08	1,93	1,6
Equity Ratio	0,3	0,5	0,47	0,34
Gross Profit Margin	37,09 %	33,16 %	34,85 %	53,18 %