FLAVOUR OF NORWAY AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

10,53 %

Current Ratio

40,33

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 728 000	419 000	0	122 000
Net Income	8 000	−9 000	−15 000	−113 000
Total Assets	121 000	1 568 000	85 000	50 000
Total Equity	76 000	68 000	77 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 728 000	419 000	0	122 000
Expenditure	1 704 000	421 000	15 000	236 000
Operating Profit	24 000	−2 000	−15 000	−113 000
Financial Income	0	1 000	0	0
Financial Costs	16 000	7 000	0	0
Financial Balance	−16 000	−6 000	0	0
Earnings Before Tax	8 000	−9 000	−15 000	−113 000
Tax	0	0	0	0
Net Income	8 000	−9 000	−15 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	71 000	23 000
Total Current Assets	121 000	1 568 000	14 000	27 000
Total Assets	121 000	1 568 000	85 000	50 000
Total Retained Equity	46 000	38 000	47 000	7 000
Total Equity	76 000	68 000	77 000	37 000
Total Long-Term Debt	42 000	1 480 000	0	0
Total Current Debt	3 000	20 000	8 000	13 000
Total Equity and Debt	121 000	1 568 000	85 000	50 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 728 000	419 000	0	122 000
Other Income	0	0	0	0
Revenue	1 728 000	419 000	0	122 000
Cost of Goods Sold	1 565 000	405 000	0	111 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 704 000	421 000	15 000	236 000
Operating Profit	24 000	−2 000	−15 000	−113 000
Financial Income	0	1 000	0	0
Financial Costs	16 000	7 000	0	0
Financial Balance	−16 000	−6 000	0	0
Dividends	0	0	0	0
Net Income	8 000	−9 000	−15 000	−113 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	71 000	23 000
Total Fixed Assets	0	0	71 000	23 000
Stock	33 000	70 000	0	0
Total Investments	0	0	0	0
Cash, Bank	−231 000	584 000	12 000	23 000
Total Current Assets	121 000	1 568 000	14 000	27 000
Total Assets	121 000	1 568 000	85 000	50 000
Total Equity	76 000	68 000	77 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	1 480 000	0	0
Creditors	2 000	3 000	2 000	0
Unpaid Taxes	0	15 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	6 000	13 000
Total Current Debt	3 000	20 000	8 000	13 000
Total Equity and Debt	121 000	1 568 000	85 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,53 %	−13,24 %	−19,48 %	−305,41 %
Debt-to-Equity Ratio	0,55	21,76	0	0
Operating Profit Margin	1,39 %	−0,48 %	-	−92,62 %
Current Ratio	40,33	78,4	1,75	2,08
Quick Ratio	−4,03	−31,36	1,75	2,08
Equity Ratio	0,63	0,04	0,91	0,74
Gross Profit Margin	9,43 %	3,34 %	-	9,02 %