LUTCHFOOD DRIFT AS

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

2,73 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020
Revenue	8 745 000	9 968 000	2 158 000
Net Income	35 000	925 000	291 000
Total Assets	2 911 000	3 474 000	2 877 000
Total Equity	1 281 000	1 246 000	321 000

Income (NOK)	2022	2021	2020
Revenue	8 745 000	9 968 000	2 158 000
Expenditure	8 557 000	8 923 000	1 860 000
Operating Profit	83 000	1 226 000	394 000
Financial Income	3 000	0	0
Financial Costs	41 000	40 000	21 000
Financial Balance	−38 000	−40 000	−21 000
Earnings Before Tax	45 000	1 186 000	373 000
Tax	10 000	261 000	82 000
Net Income	35 000	925 000	291 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 329 000	1 531 000	1 401 000
Total Current Assets	1 582 000	1 942 000	1 476 000
Total Assets	2 911 000	3 474 000	2 877 000
Total Retained Equity	1 251 000	1 216 000	291 000
Total Equity	1 281 000	1 246 000	321 000
Total Long-Term Debt	858 000	954 000	1 459 000
Total Current Debt	772 000	1 274 000	1 097 000
Total Equity and Debt	2 911 000	3 474 000	2 877 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 745 000	9 968 000	2 158 000
Other Income	0	0	0
Revenue	8 745 000	9 968 000	2 158 000
Cost of Goods Sold	2 706 000	3 274 000	669 000
Salary Costs	4 224 000	4 294 000	800 000
Depreciation	144 000	110 000	24 000
Impairment	0	0	0
Expenditure	8 557 000	8 923 000	1 860 000
Operating Profit	83 000	1 226 000	394 000
Financial Income	3 000	0	0
Financial Costs	41 000	40 000	21 000
Financial Balance	−38 000	−40 000	−21 000
Dividends	0	0	0
Net Income	35 000	925 000	291 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	58 000	62 000	65 000
Machinery and Plant Facilities	567 000	668 000	682 000
Fixtures	704 000	706 000	654 000
Total Tangible Assets	1 329 000	1 435 000	1 401 000
Total Fiancial Fixed Assets	0	96 000	0
Total Fixed Assets	1 329 000	1 531 000	1 401 000
Stock	171 000	277 000	95 000
Total Investments	0	0	0
Cash, Bank	1 272 000	1 625 000	1 173 000
Total Current Assets	1 582 000	1 942 000	1 476 000
Total Assets	2 911 000	3 474 000	2 877 000
Total Equity	1 281 000	1 246 000	321 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	858 000	954 000	1 459 000
Creditors	69 000	63 000	492 000
Unpaid Taxes	283 000	313 000	204 000
Dividends	0	0	0
Other Current Debt	420 000	669 000	402 000
Total Current Debt	772 000	1 274 000	1 097 000
Total Equity and Debt	2 911 000	3 474 000	2 877 000

Financial indicators	2022	2021	2020
Return on Equity	2,73 %	74,24 %	90,65 %
Debt-to-Equity Ratio	0,67	0,77	4,55
Operating Profit Margin	0,95 %	12,3 %	18,26 %
Current Ratio	2,05	1,52	1,35
Quick Ratio	2,63	1,95	1,47
Equity Ratio	0,44	0,36	0,11
Gross Profit Margin	69,06 %	67,15 %	69 %