SIAM NORDIC FOOD AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

38,46 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 379 000	2 294 000	2 042 000	767 000
Net Income	−355 000	−144 000	−64 000	−390 000
Total Assets	46 000	103 000	174 000	127 000
Total Equity	−923 000	−568 000	−424 000	−360 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 379 000	2 294 000	2 042 000	767 000
Expenditure	2 712 000	2 437 000	2 103 000	1 151 000
Operating Profit	−348 000	−143 000	−61 000	−384 000
Financial Income	0	0	0	0
Financial Costs	7 000	1 000	3 000	6 000
Financial Balance	−7 000	−1 000	−3 000	−6 000
Earnings Before Tax	−355 000	−144 000	−64 000	−390 000
Tax	0	0	0	0
Net Income	−355 000	−144 000	−64 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	45 000	45 000	57 000
Total Current Assets	0	58 000	129 000	70 000
Total Assets	46 000	103 000	174 000	127 000
Total Retained Equity	−953 000	−598 000	−454 000	−390 000
Total Equity	−923 000	−568 000	−424 000	−360 000
Total Long-Term Debt	0	267 000	262 000	151 000
Total Current Debt	968 000	404 000	336 000	336 000
Total Equity and Debt	46 000	103 000	174 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 236 000	2 294 000	2 019 000	767 000
Other Income	143 000	0	23 000	0
Revenue	2 379 000	2 294 000	2 042 000	767 000
Cost of Goods Sold	733 000	484 000	431 000	215 000
Salary Costs	1 302 000	1 254 000	1 167 000	661 000
Depreciation	0	0	11 000	14 000
Impairment	0	0	0	0
Expenditure	2 712 000	2 437 000	2 103 000	1 151 000
Operating Profit	−348 000	−143 000	−61 000	−384 000
Financial Income	0	0	0	0
Financial Costs	7 000	1 000	3 000	6 000
Financial Balance	−7 000	−1 000	−3 000	−6 000
Dividends	0	0	0	0
Net Income	−355 000	−144 000	−64 000	−390 000

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	45 000	45 000	45 000	57 000
Total Tangible Assets	45 000	45 000	45 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	45 000	45 000	57 000
Stock	0	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	0	43 000	115 000	55 000
Total Current Assets	0	58 000	129 000	70 000
Total Assets	46 000	103 000	174 000	127 000
Total Equity	−923 000	−568 000	−424 000	−360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	267 000	262 000	151 000
Creditors	0	0	0	0
Unpaid Taxes	0	77 000	113 000	101 000
Dividends	0	0	0	0
Other Current Debt	968 000	327 000	223 000	235 000
Total Current Debt	968 000	404 000	336 000	336 000
Total Equity and Debt	46 000	103 000	174 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,46 %	25,35 %	15,09 %	108,33 %
Debt-to-Equity Ratio	−0	−0,47	−0,62	−0,42
Operating Profit Margin	−14,63 %	−6,23 %	−2,99 %	−50,07 %
Current Ratio	0	0,14	0,38	0,21
Quick Ratio	0	0,15	0,4	0,22
Equity Ratio	−20,07	−5,51	−2,44	−2,83
Gross Profit Margin	69,19 %	78,9 %	78,89 %	71,97 %