NEW FLAVOURS OF INDIA SØRENGA AS

0194 OSLO

Finances

Share Ownership

Return on Equity

77,95 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019
Revenue	2 496 000	0	0
Net Income	−1 372 000	−307 000	−111 000
Total Assets	425 000	810 000	758 000
Total Equity	−1 760 000	−388 000	−81 000

Income (NOK)	2021	2020	2019
Revenue	2 496 000	0	0
Expenditure	3 864 000	299 000	90 000
Operating Profit	−1 368 000	−299 000	−90 000
Financial Income	0	0	0
Financial Costs	4 000	8 000	21 000
Financial Balance	−4 000	−8 000	−21 000
Earnings Before Tax	−1 372 000	−307 000	−111 000
Tax	0	0	0
Net Income	−1 372 000	−307 000	−111 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	224 000	424 000	447 000
Total Current Assets	201 000	386 000	311 000
Total Assets	425 000	810 000	758 000
Total Retained Equity	−1 790 000	−418 000	−111 000
Total Equity	−1 760 000	−388 000	−81 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 185 000	1 198 000	839 000
Total Equity and Debt	425 000	810 000	758 000

Cash flow (NOK)	2021	2020	2019
Sales Income	2 454 000	0	0
Other Income	41 000	0	0
Revenue	2 496 000	0	0
Cost of Goods Sold	723 000	12 000	0
Salary Costs	1 402 000	0	0
Depreciation	200 000	105 000	29 000
Impairment	0	0	0
Expenditure	3 864 000	299 000	90 000
Operating Profit	−1 368 000	−299 000	−90 000
Financial Income	0	0	0
Financial Costs	4 000	8 000	21 000
Financial Balance	−4 000	−8 000	−21 000
Dividends	0	0	0
Net Income	−1 372 000	−307 000	−111 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	224 000	424 000	447 000
Total Tangible Assets	224 000	424 000	447 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	224 000	424 000	447 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	196 000	1 000	143 000
Total Current Assets	201 000	386 000	311 000
Total Assets	425 000	810 000	758 000
Total Equity	−1 760 000	−388 000	−81 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	280 000	231 000	199 000
Unpaid Taxes	387 000	0	0
Dividends	0	0	0
Other Current Debt	1 518 000	967 000	641 000
Total Current Debt	2 185 000	1 198 000	839 000
Total Equity and Debt	425 000	810 000	758 000

Financial indicators	2021	2020	2019
Return on Equity	77,95 %	79,12 %	137,04 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−54,81 %	-	-
Current Ratio	0,09	0,32	0,37
Quick Ratio	0,09	0,32	0,37
Equity Ratio	−4,14	−0,48	−0,11
Gross Profit Margin	71,03 %	-	-