NORFRESH AS

0581 OSLO

Finances

Return on Equity

22,57 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	369 992 000	368 417 000	373 193 000	361 284 000
Net Income	8 046 000	8 921 000	10 395 000	8 768 000
Total Assets	80 165 000	77 623 000	77 829 000	68 887 000
Total Equity	35 652 000	37 873 000	35 652 000	33 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	369 992 000	368 417 000	373 193 000	361 284 000
Expenditure	360 056 000	357 011 000	359 834 000	350 639 000
Operating Profit	9 935 000	11 407 000	13 358 000	10 644 000
Financial Income	398 000	25 000	165 000	636 000
Financial Costs	19 000	−7 000	204 000	65 000
Financial Balance	379 000	32 000	−39 000	571 000
Earnings Before Tax	10 315 000	11 439 000	13 319 000	11 215 000
Tax	2 269 000	2 518 000	2 924 000	2 447 000
Net Income	8 046 000	8 921 000	10 395 000	8 768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	843 000	845 000	1 190 000	3 419 000
Total Current Assets	79 323 000	76 778 000	76 639 000	65 469 000
Total Assets	80 165 000	77 623 000	77 829 000	68 887 000
Total Retained Equity	16 717 000	18 938 000	16 717 000	14 641 000
Total Equity	35 652 000	37 873 000	35 652 000	33 576 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 513 000	39 750 000	42 178 000	35 311 000
Total Equity and Debt	80 165 000	77 623 000	77 829 000	68 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	369 992 000	368 417 000	373 193 000	361 284 000
Other Income	0	0	0	0
Revenue	369 992 000	368 417 000	373 193 000	361 284 000
Cost of Goods Sold	276 843 000	278 592 000	282 136 000	274 037 000
Salary Costs	38 199 000	37 313 000	37 143 000	37 549 000
Depreciation	415 000	345 000	388 000	412 000
Impairment	0	0	0	0
Expenditure	360 056 000	357 011 000	359 834 000	350 639 000
Operating Profit	9 935 000	11 407 000	13 358 000	10 644 000
Financial Income	398 000	25 000	165 000	636 000
Financial Costs	19 000	−7 000	204 000	65 000
Financial Balance	379 000	32 000	−39 000	571 000
Dividends	2 300 000	268 000	333 000	176 000
Net Income	8 046 000	8 921 000	10 395 000	8 768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	145 000	136 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	560 000	540 000	885 000	1 273 000
Total Tangible Assets	560 000	540 000	885 000	1 273 000
Total Fiancial Fixed Assets	160 000	160 000	169 000	2 008 000
Total Fixed Assets	843 000	845 000	1 190 000	3 419 000
Stock	4 692 000	5 078 000	5 066 000	4 442 000
Total Investments	5 057 000	0	0	0
Cash, Bank	45 495 000	49 022 000	52 097 000	41 461 000
Total Current Assets	79 323 000	76 778 000	76 639 000	65 469 000
Total Assets	80 165 000	77 623 000	77 829 000	68 887 000
Total Equity	35 652 000	37 873 000	35 652 000	33 576 000
Short-Term Group Debt	10 239 000	8 271 000	9 946 000	5 448 000
Total Long-Term Debt	0	0	0	0
Creditors	21 446 000	20 751 000	20 738 000	18 019 000
Unpaid Taxes	6 165 000	5 984 000	6 215 000	6 437 000
Dividends	2 300 000	268 000	333 000	176 000
Other Current Debt	4 363 000	3 763 000	3 957 000	4 113 000
Total Current Debt	44 513 000	39 750 000	42 178 000	35 311 000
Total Equity and Debt	80 165 000	77 623 000	77 829 000	68 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,57 %	23,56 %	29,16 %	26,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	3,1 %	3,58 %	2,95 %
Current Ratio	1,78	1,93	1,82	1,85
Quick Ratio	1,99	2,21	2,07	2,12
Equity Ratio	0,44	0,49	0,46	0,49
Gross Profit Margin	25,18 %	24,38 %	24,4 %	24,15 %