K19 FOOD AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−9,9 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 068 000	10 856 000	10 570 000	6 802 000
Net Income	−124 000	823 000	1 793 000	−59 000
Total Assets	3 130 000	3 559 000	3 672 000	2 847 000
Total Equity	1 253 000	1 377 000	1 412 000	335 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 068 000	10 856 000	10 570 000	6 802 000
Expenditure	9 242 000	9 800 000	8 265 000	6 755 000
Operating Profit	−174 000	1 055 000	2 304 000	48 000
Financial Income	15 000	0	0	1 000
Financial Costs	0	0	6 000	121 000
Financial Balance	15 000	0	−6 000	−120 000
Earnings Before Tax	−159 000	1 055 000	2 299 000	−73 000
Tax	−35 000	232 000	506 000	−14 000
Net Income	−124 000	823 000	1 793 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	763 000	939 000	980 000	1 673 000
Total Current Assets	2 367 000	2 620 000	2 692 000	1 174 000
Total Assets	3 130 000	3 559 000	3 672 000	2 847 000
Total Retained Equity	917 000	1 041 000	1 077 000	−965 000
Total Equity	1 253 000	1 377 000	1 412 000	335 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 877 000	2 182 000	2 260 000	2 513 000
Total Equity and Debt	3 130 000	3 559 000	3 672 000	2 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 047 000	10 577 000	10 570 000	6 802 000
Other Income	21 000	279 000	0	0
Revenue	9 068 000	10 856 000	10 570 000	6 802 000
Cost of Goods Sold	2 779 000	3 104 000	3 169 000	2 084 000
Salary Costs	3 395 000	3 637 000	2 860 000	2 411 000
Depreciation	349 000	315 000	294 000	256 000
Impairment	0	0	0	0
Expenditure	9 242 000	9 800 000	8 265 000	6 755 000
Operating Profit	−174 000	1 055 000	2 304 000	48 000
Financial Income	15 000	0	0	1 000
Financial Costs	0	0	6 000	121 000
Financial Balance	15 000	0	−6 000	−120 000
Dividends	0	0	0	0
Net Income	−124 000	823 000	1 793 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	50 000	40 000	290 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	678 000	888 000	940 000	1 123 000
Total Tangible Assets	678 000	888 000	940 000	1 123 000
Total Fiancial Fixed Assets	0	0	0	260 000
Total Fixed Assets	763 000	939 000	980 000	1 673 000
Stock	286 000	233 000	312 000	289 000
Total Investments	0	0	0	0
Cash, Bank	76 000	44 000	20 000	48 000
Total Current Assets	2 367 000	2 620 000	2 692 000	1 174 000
Total Assets	3 130 000	3 559 000	3 672 000	2 847 000
Total Equity	1 253 000	1 377 000	1 412 000	335 000
Short-Term Group Debt	751 000	1 101 000	930 000	950 000
Total Long-Term Debt	0	0	0	0
Creditors	408 000	435 000	465 000	257 000
Unpaid Taxes	255 000	251 000	279 000	257 000
Dividends	0	0	0	0
Other Current Debt	462 000	395 000	532 000	324 000
Total Current Debt	1 877 000	2 182 000	2 260 000	2 513 000
Total Equity and Debt	3 130 000	3 559 000	3 672 000	2 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,9 %	59,77 %	126,98 %	−17,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,92 %	9,72 %	21,8 %	0,71 %
Current Ratio	1,26	1,2	1,19	0,47
Quick Ratio	1,49	1,34	1,38	0,53
Equity Ratio	0,4	0,39	0,38	0,12
Gross Profit Margin	69,35 %	71,41 %	70,02 %	69,36 %