INTERNATIONAL FOOD AND TRANSPORT AS

5116 ULSET

Finances

Share Ownership

Return on Equity

−48,52 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 237 000	3 489 000	2 587 000	579 000
Net Income	−115 000	682 000	−49 000	−311 000
Total Assets	1 358 000	1 218 000	431 000	124 000
Total Equity	237 000	352 000	−330 000	−281 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 237 000	3 489 000	2 587 000	579 000
Expenditure	3 457 000	2 614 000	2 649 000	979 000
Operating Profit	−220 000	875 000	−63 000	−400 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	0	0
Financial Balance	−9 000	−1 000	0	0
Earnings Before Tax	−229 000	874 000	−63 000	−401 000
Tax	−115 000	192 000	−14 000	−89 000
Net Income	−115 000	682 000	−49 000	−311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	0	103 000	89 000
Total Current Assets	1 308 000	1 218 000	328 000	35 000
Total Assets	1 358 000	1 218 000	431 000	124 000
Total Retained Equity	207 000	322 000	−360 000	−311 000
Total Equity	237 000	352 000	−330 000	−281 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 121 000	866 000	761 000	405 000
Total Equity and Debt	1 358 000	1 218 000	431 000	124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 234 000	3 489 000	2 587 000	579 000
Other Income	3 000	0	0	0
Revenue	3 237 000	3 489 000	2 587 000	579 000
Cost of Goods Sold	1 962 000	1 479 000	1 900 000	527 000
Salary Costs	694 000	473 000	163 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 457 000	2 614 000	2 649 000	979 000
Operating Profit	−220 000	875 000	−63 000	−400 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	0	0
Financial Balance	−9 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−115 000	682 000	−49 000	−311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	0	103 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	0	103 000	89 000
Stock	1 143 000	1 088 000	269 000	0
Total Investments	0	0	0	0
Cash, Bank	61 000	79 000	27 000	10 000
Total Current Assets	1 308 000	1 218 000	328 000	35 000
Total Assets	1 358 000	1 218 000	431 000	124 000
Total Equity	237 000	352 000	−330 000	−281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	451 000	185 000	331 000	140 000
Unpaid Taxes	63 000	57 000	6 000	−7 000
Dividends	0	0	0	0
Other Current Debt	607 000	535 000	424 000	272 000
Total Current Debt	1 121 000	866 000	761 000	405 000
Total Equity and Debt	1 358 000	1 218 000	431 000	124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,52 %	193,75 %	14,85 %	110,68 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−6,8 %	25,08 %	−2,44 %	−69,08 %
Current Ratio	1,17	1,41	0,43	0,09
Quick Ratio	−59,45	−5,49	0,67	0,09
Equity Ratio	0,17	0,29	−0,77	−2,27
Gross Profit Margin	39,39 %	57,61 %	26,56 %	8,98 %