NORFRESH VEST AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

46,86 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 639 000	72 761 000	78 846 000	80 465 000
Net Income	1 300 000	1 548 000	1 594 000	1 619 000
Total Assets	7 878 000	9 818 000	12 259 000	11 646 000
Total Equity	2 774 000	2 764 000	2 809 000	2 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 639 000	72 761 000	78 846 000	80 465 000
Expenditure	71 973 000	70 776 000	76 827 000	78 429 000
Operating Profit	1 666 000	1 985 000	2 020 000	2 035 000
Financial Income	0	0	24 000	43 000
Financial Costs	0	0	0	0
Financial Balance	0	0	24 000	43 000
Earnings Before Tax	1 667 000	1 985 000	2 044 000	2 078 000
Tax	367 000	437 000	450 000	459 000
Net Income	1 300 000	1 548 000	1 594 000	1 619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	75 000	71 000	81 000
Total Current Assets	7 806 000	9 743 000	12 188 000	11 564 000
Total Assets	7 878 000	9 818 000	12 259 000	11 646 000
Total Retained Equity	259 000	249 000	294 000	290 000
Total Equity	2 774 000	2 764 000	2 809 000	2 805 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 103 000	7 053 000	9 451 000	8 840 000
Total Equity and Debt	7 878 000	9 818 000	12 259 000	11 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 639 000	72 761 000	78 846 000	80 465 000
Other Income	0	0	0	0
Revenue	73 639 000	72 761 000	78 846 000	80 465 000
Cost of Goods Sold	59 700 000	59 262 000	64 468 000	66 135 000
Salary Costs	3 636 000	3 573 000	3 711 000	3 874 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	71 973 000	70 776 000	76 827 000	78 429 000
Operating Profit	1 666 000	1 985 000	2 020 000	2 035 000
Financial Income	0	0	24 000	43 000
Financial Costs	0	0	0	0
Financial Balance	0	0	24 000	43 000
Dividends	0	0	0	0
Net Income	1 300 000	1 548 000	1 594 000	1 619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	25 000	12 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	59 000	68 000
Total Fixed Assets	72 000	75 000	71 000	81 000
Stock	690 000	755 000	630 000	641 000
Total Investments	0	0	0	0
Cash, Bank	2 564 000	4 475 000	6 898 000	6 963 000
Total Current Assets	7 806 000	9 743 000	12 188 000	11 564 000
Total Assets	7 878 000	9 818 000	12 259 000	11 646 000
Total Equity	2 774 000	2 764 000	2 809 000	2 805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 700 000	3 053 000	4 821 000	3 367 000
Unpaid Taxes	106 000	92 000	102 000	88 000
Dividends	0	0	0	0
Other Current Debt	3 297 000	3 909 000	4 527 000	5 385 000
Total Current Debt	5 103 000	7 053 000	9 451 000	8 840 000
Total Equity and Debt	7 878 000	9 818 000	12 259 000	11 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,86 %	56,01 %	56,75 %	57,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,26 %	2,73 %	2,56 %	2,53 %
Current Ratio	1,53	1,38	1,29	1,31
Quick Ratio	1,77	1,55	1,38	1,41
Equity Ratio	0,35	0,28	0,23	0,24
Gross Profit Margin	18,93 %	18,55 %	18,24 %	17,81 %