NORWAY FRIED CHICKEN AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

25,83 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 302 000	2 736 000	1 914 000	483 000
Net Income	93 000	86 000	85 000	66 000
Total Assets	577 000	441 000	317 000	234 000
Total Equity	360 000	267 000	181 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 302 000	2 736 000	1 914 000	483 000
Expenditure	3 181 000	2 626 000	1 804 000	399 000
Operating Profit	120 000	111 000	109 000	85 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	119 000	110 000	109 000	85 000
Tax	26 000	25 000	24 000	19 000
Net Income	93 000	86 000	85 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	200 000	161 000	197 000
Total Current Assets	430 000	241 000	155 000	37 000
Total Assets	577 000	441 000	317 000	234 000
Total Retained Equity	330 000	237 000	151 000	66 000
Total Equity	360 000	267 000	181 000	96 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	217 000	174 000	136 000	138 000
Total Equity and Debt	577 000	441 000	317 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 291 000	2 736 000	1 914 000	483 000
Other Income	11 000	0	0	0
Revenue	3 302 000	2 736 000	1 914 000	483 000
Cost of Goods Sold	1 345 000	1 209 000	945 000	128 000
Salary Costs	885 000	719 000	509 000	101 000
Depreciation	46 000	42 000	39 000	49 000
Impairment	0	0	0	0
Expenditure	3 181 000	2 626 000	1 804 000	399 000
Operating Profit	120 000	111 000	109 000	85 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	93 000	86 000	85 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	49 000	61 000	76 000	95 000
Total Intangible Assets	49 000	61 000	76 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	116 000	81 000	101 000
Total Tangible Assets	82 000	116 000	81 000	101 000
Total Fiancial Fixed Assets	15 000	22 000	4 000	0
Total Fixed Assets	146 000	200 000	161 000	197 000
Stock	201 000	167 000	72 000	31 000
Total Investments	0	0	0	0
Cash, Bank	192 000	62 000	84 000	7 000
Total Current Assets	430 000	241 000	155 000	37 000
Total Assets	577 000	441 000	317 000	234 000
Total Equity	360 000	267 000	181 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	34 000	18 000	78 000
Unpaid Taxes	85 000	58 000	53 000	22 000
Dividends	0	0	0	0
Other Current Debt	64 000	57 000	40 000	20 000
Total Current Debt	217 000	174 000	136 000	138 000
Total Equity and Debt	577 000	441 000	317 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,83 %	32,21 %	46,96 %	68,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,63 %	4,06 %	5,69 %	17,6 %
Current Ratio	1,98	1,39	1,14	0,27
Quick Ratio	26,88	34,43	2,42	0,35
Equity Ratio	0,62	0,61	0,57	0,41
Gross Profit Margin	59,27 %	55,81 %	50,63 %	73,5 %