5 STAR FOODS AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

90,8 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020
Revenue	1 609 000	2 334 000	332 000
Net Income	158 000	−54 000	45 000
Total Assets	1 015 000	795 000	374 000
Total Equity	174 000	16 000	70 000

Income (NOK)	2022	2021	2020
Revenue	1 609 000	2 334 000	332 000
Expenditure	1 396 000	2 376 000	275 000
Operating Profit	212 000	−42 000	57 000
Financial Income	0	0	0
Financial Costs	10 000	17 000	0
Financial Balance	−10 000	−17 000	0
Earnings Before Tax	203 000	−60 000	57 000
Tax	45 000	−6 000	11 000
Net Income	158 000	−54 000	45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	4 000	0
Total Current Assets	1 015 000	792 000	374 000
Total Assets	1 015 000	795 000	374 000
Total Retained Equity	144 000	−14 000	40 000
Total Equity	174 000	16 000	70 000
Total Long-Term Debt	60 000	61 000	35 000
Total Current Debt	781 000	719 000	270 000
Total Equity and Debt	1 015 000	795 000	374 000

Cash flow (NOK)	2022	2021	2020
Sales Income	172 000	2 334 000	332 000
Other Income	1 437 000	0	0
Revenue	1 609 000	2 334 000	332 000
Cost of Goods Sold	53 000	1 590 000	242 000
Salary Costs	0	313 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 396 000	2 376 000	275 000
Operating Profit	212 000	−42 000	57 000
Financial Income	0	0	0
Financial Costs	10 000	17 000	0
Financial Balance	−10 000	−17 000	0
Dividends	0	0	0
Net Income	158 000	−54 000	45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	4 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	4 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	12 000	1 000
Total Current Assets	1 015 000	792 000	374 000
Total Assets	1 015 000	795 000	374 000
Total Equity	174 000	16 000	70 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	60 000	61 000	35 000
Creditors	415 000	468 000	0
Unpaid Taxes	65 000	−22 000	46 000
Dividends	0	0	0
Other Current Debt	262 000	273 000	214 000
Total Current Debt	781 000	719 000	270 000
Total Equity and Debt	1 015 000	795 000	374 000

Financial indicators	2022	2021	2020
Return on Equity	90,8 %	−337,5 %	64,29 %
Debt-to-Equity Ratio	0,34	3,81	0,5
Operating Profit Margin	13,18 %	−1,8 %	17,17 %
Current Ratio	1,3	1,1	1,39
Quick Ratio	1,3	1,1	1,39
Equity Ratio	0,17	0,02	0,19
Gross Profit Margin	96,71 %	31,88 %	27,11 %