NOVELTY FOOD AS

1164 OSLO

Finances

Share Ownership

Return on Equity

68,76 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2022	2021	2020
Revenue	1 499 000	2 229 000	7 879 000
Net Income	−1 598 000	−1 595 000	−161 000
Total Assets	1 820 000	3 134 000	2 891 000
Total Equity	−2 324 000	−726 000	869 000

Income (NOK)	2022	2021	2020
Revenue	1 499 000	2 229 000	7 879 000
Expenditure	2 511 000	4 293 000	7 575 000
Operating Profit	−1 013 000	−2 064 000	304 000
Financial Income	4 000	14 000	14 000
Financial Costs	77 000	11 000	525 000
Financial Balance	−73 000	3 000	−511 000
Earnings Before Tax	−1 086 000	−2 061 000	−207 000
Tax	512 000	−466 000	−45 000
Net Income	−1 598 000	−1 595 000	−161 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 170 000	2 150 000	2 151 000
Total Current Assets	650 000	984 000	740 000
Total Assets	1 820 000	3 134 000	2 891 000
Total Retained Equity	−3 354 000	−1 756 000	−161 000
Total Equity	−2 324 000	−726 000	869 000
Total Long-Term Debt	1 568 000	1 557 000	445 000
Total Current Debt	2 575 000	2 302 000	1 578 000
Total Equity and Debt	1 820 000	3 134 000	2 891 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 499 000	2 229 000	7 879 000
Other Income	0	0	0
Revenue	1 499 000	2 229 000	7 879 000
Cost of Goods Sold	1 363 000	1 636 000	6 112 000
Salary Costs	0	0	0
Depreciation	468 000	468 000	234 000
Impairment	0	0	0
Expenditure	2 511 000	4 293 000	7 575 000
Operating Profit	−1 013 000	−2 064 000	304 000
Financial Income	4 000	14 000	14 000
Financial Costs	77 000	11 000	525 000
Financial Balance	−73 000	3 000	−511 000
Dividends	0	0	0
Net Income	−1 598 000	−1 595 000	−161 000

Balance details (NOK)	2022	2021	2020
Goodwill	1 170 000	1 638 000	2 106 000
Total Intangible Assets	1 170 000	2 150 000	2 151 000
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	1 170 000	2 150 000	2 151 000
Stock	384 000	649 000	266 000
Total Investments	0	0	0
Cash, Bank	66 000	62 000	10 000
Total Current Assets	650 000	984 000	740 000
Total Assets	1 820 000	3 134 000	2 891 000
Total Equity	−2 324 000	−726 000	869 000
Short-Term Group Debt	2 000	2 000	2 000
Total Long-Term Debt	1 568 000	1 557 000	445 000
Creditors	2 359 000	1 750 000	696 000
Unpaid Taxes	72 000	399 000	781 000
Dividends	0	0	0
Other Current Debt	142 000	151 000	99 000
Total Current Debt	2 575 000	2 302 000	1 578 000
Total Equity and Debt	1 820 000	3 134 000	2 891 000

Financial indicators	2022	2021	2020
Return on Equity	68,76 %	219,7 %	−18,53 %
Debt-to-Equity Ratio	−0,67	−2,14	0,51
Operating Profit Margin	−67,58 %	−92,6 %	3,86 %
Current Ratio	0,25	0,43	0,47
Quick Ratio	0,3	0,6	0,56
Equity Ratio	−1,28	−0,23	0,3
Gross Profit Margin	9,07 %	26,6 %	22,43 %