DANICA FOODS AS

5515 HAUGESUND

Finances

Share Ownership

Return on Equity

2,04 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 309 000	78 088 000	102 628 000	101 305 000
Net Income	480 000	−677 000	1 774 000	2 686 000
Total Assets	54 604 000	51 711 000	54 095 000	55 133 000
Total Equity	23 496 000	23 016 000	23 693 000	21 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 309 000	78 088 000	102 628 000	101 305 000
Expenditure	81 218 000	77 777 000	98 078 000	98 097 000
Operating Profit	1 910 000	−801 000	4 589 000	4 143 000
Financial Income	0	543 000	18 000	341 000
Financial Costs	1 286 000	598 000	2 320 000	1 038 000
Financial Balance	−1 286 000	−55 000	−2 302 000	−697 000
Earnings Before Tax	624 000	−856 000	2 287 000	3 447 000
Tax	145 000	−179 000	513 000	760 000
Net Income	480 000	−677 000	1 774 000	2 686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 417 000	23 926 000	25 012 000	27 075 000
Total Current Assets	29 187 000	27 784 000	29 083 000	28 059 000
Total Assets	54 604 000	51 711 000	54 095 000	55 133 000
Total Retained Equity	56 000	−423 000	254 000	−1 520 000
Total Equity	23 496 000	23 016 000	23 693 000	21 919 000
Total Long-Term Debt	20 266 000	13 936 000	15 693 000	17 459 000
Total Current Debt	10 843 000	14 758 000	14 708 000	15 755 000
Total Equity and Debt	54 604 000	51 711 000	54 095 000	55 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 309 000	78 088 000	102 628 000	101 305 000
Other Income	0	0	0	0
Revenue	83 309 000	78 088 000	102 628 000	101 305 000
Cost of Goods Sold	60 174 000	58 798 000	77 916 000	79 363 000
Salary Costs	9 744 000	9 838 000	10 552 000	10 675 000
Depreciation	1 457 000	1 493 000	1 549 000	1 476 000
Impairment	0	0	0	0
Expenditure	81 218 000	77 777 000	98 078 000	98 097 000
Operating Profit	1 910 000	−801 000	4 589 000	4 143 000
Financial Income	0	543 000	18 000	341 000
Financial Costs	1 286 000	598 000	2 320 000	1 038 000
Financial Balance	−1 286 000	−55 000	−2 302 000	−697 000
Dividends	0	0	0	0
Net Income	480 000	−677 000	1 774 000	2 686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	268 000	413 000	234 000	747 000
Real Eastate	21 838 000	22 752 000	23 631 000	24 538 000
Machinery and Plant Facilities	3 310 000	762 000	1 148 000	1 635 000
Fixtures	0	0	0	155 000
Total Tangible Assets	25 149 000	23 513 000	24 779 000	26 328 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 417 000	23 926 000	25 012 000	27 075 000
Stock	10 823 000	15 880 000	13 570 000	14 713 000
Total Investments	0	0	0	0
Cash, Bank	6 616 000	242 000	351 000	311 000
Total Current Assets	29 187 000	27 784 000	29 083 000	28 059 000
Total Assets	54 604 000	51 711 000	54 095 000	55 133 000
Total Equity	23 496 000	23 016 000	23 693 000	21 919 000
Short-Term Group Debt	0	0	0	1 078 000
Total Long-Term Debt	20 266 000	13 936 000	15 693 000	17 459 000
Creditors	6 689 000	7 598 000	4 429 000	3 933 000
Unpaid Taxes	2 242 000	2 138 000	2 791 000	2 552 000
Dividends	0	0	0	0
Other Current Debt	1 911 000	1 538 000	3 181 000	1 209 000
Total Current Debt	10 843 000	14 758 000	14 708 000	15 755 000
Total Equity and Debt	54 604 000	51 711 000	54 095 000	55 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,04 %	−2,94 %	7,49 %	12,25 %
Debt-to-Equity Ratio	0,86	0,61	0,66	0,8
Operating Profit Margin	2,29 %	−1,03 %	4,47 %	4,09 %
Current Ratio	2,69	1,88	1,98	1,78
Quick Ratio	1 459,35	−24,76	25,56	26,93
Equity Ratio	0,43	0,45	0,44	0,4
Gross Profit Margin	27,77 %	24,7 %	24,08 %	21,66 %