AFRO AFRICA SHOP AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

402,82 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 237 000	1 165 000	746 000	424 000
Net Income	286 000	116 000	−199 000	−226 000
Total Assets	653 000	398 000	304 000	250 000
Total Equity	71 000	−215 000	−331 000	−132 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 237 000	1 165 000	746 000	424 000
Expenditure	941 000	1 048 000	945 000	650 000
Operating Profit	295 000	117 000	−199 000	−226 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	287 000	116 000	−199 000	−226 000
Tax	1 000	0	0	0
Net Income	286 000	116 000	−199 000	−226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	41 000	53 000	65 000
Total Current Assets	615 000	358 000	252 000	185 000
Total Assets	653 000	398 000	304 000	250 000
Total Retained Equity	−29 000	−315 000	−431 000	−232 000
Total Equity	71 000	−215 000	−331 000	−132 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	581 000	613 000	635 000	382 000
Total Equity and Debt	653 000	398 000	304 000	250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 199 000	1 099 000	700 000	424 000
Other Income	38 000	65 000	46 000	0
Revenue	1 237 000	1 165 000	746 000	424 000
Cost of Goods Sold	448 000	446 000	376 000	234 000
Salary Costs	133 000	190 000	243 000	127 000
Depreciation	3 000	12 000	12 000	9 000
Impairment	0	0	0	0
Expenditure	941 000	1 048 000	945 000	650 000
Operating Profit	295 000	117 000	−199 000	−226 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	286 000	116 000	−199 000	−226 000

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	0	3 000	15 000	27 000
Total Tangible Assets	0	3 000	15 000	27 000
Total Fiancial Fixed Assets	38 000	38 000	38 000	38 000
Total Fixed Assets	38 000	41 000	53 000	65 000
Stock	270 000	206 000	146 000	136 000
Total Investments	0	0	0	0
Cash, Bank	315 000	140 000	103 000	49 000
Total Current Assets	615 000	358 000	252 000	185 000
Total Assets	653 000	398 000	304 000	250 000
Total Equity	71 000	−215 000	−331 000	−132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	47 000	187 000	212 000
Unpaid Taxes	39 000	66 000	81 000	1 000
Dividends	0	0	0	0
Other Current Debt	525 000	500 000	368 000	168 000
Total Current Debt	581 000	613 000	635 000	382 000
Total Equity and Debt	653 000	398 000	304 000	250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	402,82 %	−53,95 %	60,12 %	171,21 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	23,85 %	10,04 %	−26,68 %	−53,3 %
Current Ratio	1,06	0,58	0,4	0,48
Quick Ratio	1,98	0,88	0,52	0,75
Equity Ratio	0,11	−0,54	−1,09	−0,53
Gross Profit Margin	63,78 %	61,72 %	49,6 %	44,81 %