OCTAGON FARM AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

5,84 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 750 000	21 000 000	22 003 000	0
Net Income	70 000	1 179 000	−1 037 000	0
Total Assets	11 381 000	2 600 000	4 222 000	2 018 000
Total Equity	1 199 000	1 129 000	−49 000	987 000

Income (NOK)	2022	2021	2020
Revenue	31 750 000	21 000 000	22 003 000
Expenditure	31 424 000	19 687 000	22 889 000
Operating Profit	326 000	1 314 000	−886 000
Financial Income	206 000	77 000	1 000
Financial Costs	442 000	174 000	151 000
Financial Balance	−236 000	−97 000	−150 000
Earnings Before Tax	90 000	1 216 000	−1 037 000
Tax	20 000	38 000	0
Net Income	70 000	1 179 000	−1 037 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	11 381 000	2 600 000	4 222 000	2 018 000
Total Assets	11 381 000	2 600 000	4 222 000	2 018 000
Total Retained Equity	212 000	142 000	−1 037 000	0
Total Equity	1 199 000	1 129 000	−49 000	987 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 182 000	1 471 000	4 271 000	1 030 000
Total Equity and Debt	11 381 000	2 600 000	4 222 000	2 018 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 750 000	21 000 000	22 003 000
Other Income	0	0	0
Revenue	31 750 000	21 000 000	22 003 000
Cost of Goods Sold	31 306 000	19 577 000	22 730 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	31 424 000	19 687 000	22 889 000
Operating Profit	326 000	1 314 000	−886 000
Financial Income	206 000	77 000	1 000
Financial Costs	442 000	174 000	151 000
Financial Balance	−236 000	−97 000	−150 000
Dividends	0	0	0
Net Income	70 000	1 179 000	−1 037 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	2 600 000	2 600 000	2 600 000	1 021 000
Total Investments	0	0	0	0
Cash, Bank	6 000	0	7 000	740 000
Total Current Assets	11 381 000	2 600 000	4 222 000	2 018 000
Total Assets	11 381 000	2 600 000	4 222 000	2 018 000
Total Equity	1 199 000	1 129 000	−49 000	987 000
Short-Term Group Debt	0	0	2 160 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 083 000	88 000	2 111 000	1 030 000
Unpaid Taxes	3 072 000	−180 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 007 000	0	0	0
Total Current Debt	10 182 000	1 471 000	4 271 000	1 030 000
Total Equity and Debt	11 381 000	2 600 000	4 222 000	2 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,84 %	104,43 %	2 116,33 %	0 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	1,03 %	6,26 %	−4,03 %	-
Current Ratio	1,12	1,77	0,99	1,96
Quick Ratio	1,5	−2,3	2,53	224,22
Equity Ratio	0,11	0,43	−0,01	0,49
Gross Profit Margin	1,4 %	6,78 %	−3,3 %	-