KAFÉ HJØRNET AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

19,17 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020
Revenue	1 168 000	2 058 000	1 928 000
Net Income	−106 000	−276 000	−200 000
Total Assets	955 000	957 000	1 057 000
Total Equity	−553 000	−447 000	−170 000

Income (NOK)	2022	2021	2020
Revenue	1 168 000	2 058 000	1 928 000
Expenditure	1 265 000	2 373 000	2 152 000
Operating Profit	−96 000	−315 000	−224 000
Financial Income	1 000	4 000	0
Financial Costs	52 000	44 000	33 000
Financial Balance	−51 000	−40 000	−33 000
Earnings Before Tax	−146 000	−355 000	−257 000
Tax	−40 000	−79 000	−57 000
Net Income	−106 000	−276 000	−200 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	880 000	863 000	903 000
Total Current Assets	75 000	94 000	154 000
Total Assets	955 000	957 000	1 057 000
Total Retained Equity	−583 000	−477 000	−200 000
Total Equity	−553 000	−447 000	−170 000
Total Long-Term Debt	540 000	597 000	655 000
Total Current Debt	969 000	806 000	572 000
Total Equity and Debt	955 000	957 000	1 057 000

Cash flow (NOK)	2022	2021	2020
Sales Income	811 000	1 954 000	1 928 000
Other Income	357 000	104 000	0
Revenue	1 168 000	2 058 000	1 928 000
Cost of Goods Sold	452 000	1 136 000	989 000
Salary Costs	184 000	633 000	633 000
Depreciation	22 000	160 000	134 000
Impairment	0	0	0
Expenditure	1 265 000	2 373 000	2 152 000
Operating Profit	−96 000	−315 000	−224 000
Financial Income	1 000	4 000	0
Financial Costs	52 000	44 000	33 000
Financial Balance	−51 000	−40 000	−33 000
Dividends	0	0	0
Net Income	−106 000	−276 000	−200 000

Balance details (NOK)	2022	2021	2020
Goodwill	158 000	208 000	258 000
Total Intangible Assets	334 000	344 000	315 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	547 000	519 000	588 000
Total Tangible Assets	547 000	519 000	588 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	880 000	863 000	903 000
Stock	38 000	63 000	87 000
Total Investments	0	0	0
Cash, Bank	5 000	19 000	52 000
Total Current Assets	75 000	94 000	154 000
Total Assets	955 000	957 000	1 057 000
Total Equity	−553 000	−447 000	−170 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	540 000	597 000	655 000
Creditors	205 000	19 000	22 000
Unpaid Taxes	2 000	37 000	23 000
Dividends	0	0	0
Other Current Debt	762 000	750 000	528 000
Total Current Debt	969 000	806 000	572 000
Total Equity and Debt	955 000	957 000	1 057 000

Financial indicators	2022	2021	2020
Return on Equity	19,17 %	61,74 %	117,65 %
Debt-to-Equity Ratio	−0,98	−1,34	−3,85
Operating Profit Margin	−8,22 %	−15,31 %	−11,62 %
Current Ratio	0,08	0,12	0,27
Quick Ratio	0,08	0,13	0,32
Equity Ratio	−0,58	−0,47	−0,16
Gross Profit Margin	61,3 %	44,8 %	48,7 %