FOODTRADE AS

0663 OSLO

Finances

Return on Equity

47,31 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020
Revenue	42 100 000	27 779 000	10 380 000
Net Income	1 724 000	964 000	861 000
Total Assets	12 455 000	6 493 000	2 973 000
Total Equity	3 644 000	1 919 000	955 000

Income (NOK)	2022	2021	2020
Revenue	42 100 000	27 779 000	10 380 000
Expenditure	39 643 000	26 524 000	9 252 000
Operating Profit	2 456 000	1 255 000	1 127 000
Financial Income	305 000	0	57 000
Financial Costs	548 000	16 000	82 000
Financial Balance	−243 000	−16 000	−25 000
Earnings Before Tax	2 213 000	1 240 000	1 102 000
Tax	489 000	275 000	242 000
Net Income	1 724 000	964 000	861 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 102 000	1 928 000	504 000
Total Current Assets	9 353 000	4 565 000	2 469 000
Total Assets	12 455 000	6 493 000	2 973 000
Total Retained Equity	3 544 000	1 819 000	861 000
Total Equity	3 644 000	1 919 000	955 000
Total Long-Term Debt	501 000	23 000	11 000
Total Current Debt	8 311 000	4 551 000	2 006 000
Total Equity and Debt	12 455 000	6 493 000	2 973 000

Cash flow (NOK)	2022	2021	2020
Sales Income	42 100 000	26 804 000	10 380 000
Other Income	0	975 000	0
Revenue	42 100 000	27 779 000	10 380 000
Cost of Goods Sold	29 997 000	18 649 000	7 136 000
Salary Costs	4 928 000	3 415 000	948 000
Depreciation	464 000	143 000	22 000
Impairment	0	71 000	0
Expenditure	39 643 000	26 524 000	9 252 000
Operating Profit	2 456 000	1 255 000	1 127 000
Financial Income	305 000	0	57 000
Financial Costs	548 000	16 000	82 000
Financial Balance	−243 000	−16 000	−25 000
Dividends	0	0	0
Net Income	1 724 000	964 000	861 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	360 000	357 000	221 000
Fixtures	1 804 000	819 000	0
Total Tangible Assets	2 164 000	1 176 000	221 000
Total Fiancial Fixed Assets	938 000	752 000	282 000
Total Fixed Assets	3 102 000	1 928 000	504 000
Stock	5 392 000	2 766 000	1 488 000
Total Investments	0	0	0
Cash, Bank	870 000	732 000	124 000
Total Current Assets	9 353 000	4 565 000	2 469 000
Total Assets	12 455 000	6 493 000	2 973 000
Total Equity	3 644 000	1 919 000	955 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	501 000	23 000	11 000
Creditors	4 621 000	2 580 000	1 008 000
Unpaid Taxes	1 585 000	977 000	503 000
Dividends	0	0	0
Other Current Debt	1 625 000	730 000	264 000
Total Current Debt	8 311 000	4 551 000	2 006 000
Total Equity and Debt	12 455 000	6 493 000	2 973 000

Financial indicators	2022	2021	2020
Return on Equity	47,31 %	50,23 %	90,16 %
Debt-to-Equity Ratio	0,14	0,01	0,01
Operating Profit Margin	5,83 %	4,52 %	10,86 %
Current Ratio	1,13	1	1,23
Quick Ratio	3,2	2,56	4,77
Equity Ratio	0,29	0,3	0,32
Gross Profit Margin	28,75 %	32,87 %	31,25 %