FOODTECH INDUSTRI AS

0950 OSLO

Finances

Share Ownership

Return on Equity

29,02 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	261 407 000	248 743 000	247 824 000	241 986 000
Net Income	8 890 000	13 687 000	11 007 000	20 021 000
Total Assets	90 054 000	87 936 000	83 237 000	74 594 000
Total Equity	30 635 000	25 046 000	26 267 000	22 924 000

Income (NOK)	2022	2021	2020	2019
Revenue	261 407 000	248 743 000	247 824 000	241 986 000
Expenditure	250 314 000	231 171 000	233 673 000	216 450 000
Operating Profit	11 094 000	17 573 000	14 151 000	25 536 000
Financial Income	370 000	29 000	139 000	325 000
Financial Costs	10 000	14 000	137 000	126 000
Financial Balance	360 000	15 000	2 000	199 000
Earnings Before Tax	11 453 000	17 587 000	14 152 000	25 735 000
Tax	2 563 000	3 900 000	3 145 000	5 714 000
Net Income	8 890 000	13 687 000	11 007 000	20 021 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	154 000	180 000	451 000
Total Current Assets	89 908 000	87 782 000	83 057 000	74 143 000
Total Assets	90 054 000	87 936 000	83 237 000	74 594 000
Total Retained Equity	27 832 000	22 243 000	23 464 000	20 121 000
Total Equity	30 635 000	25 046 000	26 267 000	22 924 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 420 000	62 890 000	56 971 000	51 670 000
Total Equity and Debt	90 054 000	87 936 000	83 237 000	74 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	261 407 000	248 693 000	247 824 000	241 986 000
Other Income	0	51 000	0	0
Revenue	261 407 000	248 743 000	247 824 000	241 986 000
Cost of Goods Sold	196 683 000	179 215 000	186 394 000	169 895 000
Salary Costs	38 688 000	38 906 000	33 675 000	33 763 000
Depreciation	30 000	12 000	9 000	60 000
Impairment	0	0	0	0
Expenditure	250 314 000	231 171 000	233 673 000	216 450 000
Operating Profit	11 094 000	17 573 000	14 151 000	25 536 000
Financial Income	370 000	29 000	139 000	325 000
Financial Costs	10 000	14 000	137 000	126 000
Financial Balance	360 000	15 000	2 000	199 000
Dividends	0	0	0	0
Net Income	8 890 000	13 687 000	11 007 000	20 021 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	115 000	128 000	422 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	39 000	52 000	30 000
Total Tangible Assets	63 000	39 000	52 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	154 000	180 000	451 000
Stock	11 607 000	11 960 000	9 143 000	10 502 000
Total Investments	0	0	0	0
Cash, Bank	33 295 000	45 641 000	35 006 000	26 867 000
Total Current Assets	89 908 000	87 782 000	83 057 000	74 143 000
Total Assets	90 054 000	87 936 000	83 237 000	74 594 000
Total Equity	30 635 000	25 046 000	26 267 000	22 924 000
Short-Term Group Debt	4 233 000	18 548 000	9 826 000	14 131 000
Total Long-Term Debt	0	0	0	0
Creditors	24 296 000	8 420 000	7 230 000	11 072 000
Unpaid Taxes	17 618 000	12 210 000	15 056 000	11 053 000
Dividends	0	0	0	0
Other Current Debt	11 672 000	23 462 000	24 168 000	12 759 000
Total Current Debt	59 420 000	62 890 000	56 971 000	51 670 000
Total Equity and Debt	90 054 000	87 936 000	83 237 000	74 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,02 %	54,65 %	41,9 %	87,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,24 %	7,06 %	5,71 %	10,55 %
Current Ratio	1,51	1,4	1,46	1,43
Quick Ratio	1,88	1,72	1,74	1,8
Equity Ratio	0,34	0,28	0,32	0,31
Gross Profit Margin	24,76 %	27,95 %	24,79 %	29,79 %