EUROFINS FOOD & FEED TESTING NORWAY AS

1538 MOSS

Finances

Share Ownership

Return on Equity

93,65 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	181 392 000	167 221 000	158 241 000	156 325 000
Net Income	10 658 000	7 887 000	2 644 000	876 000
Total Assets	73 302 000	69 700 000	65 720 000	60 775 000
Total Equity	11 381 000	11 381 000	10 124 000	10 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	181 392 000	167 221 000	158 241 000	156 325 000
Expenditure	166 556 000	156 680 000	155 053 000	154 251 000
Operating Profit	14 835 000	10 541 000	3 187 000	2 073 000
Financial Income	590 000	693 000	1 449 000	302 000
Financial Costs	1 701 000	1 176 000	1 219 000	1 214 000
Financial Balance	−1 111 000	−483 000	230 000	−912 000
Earnings Before Tax	13 724 000	10 057 000	3 416 000	1 161 000
Tax	3 066 000	2 171 000	772 000	285 000
Net Income	10 658 000	7 887 000	2 644 000	876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 265 000	11 736 000	21 002 000	19 144 000
Total Current Assets	54 037 000	57 964 000	44 718 000	41 631 000
Total Assets	73 302 000	69 700 000	65 720 000	60 775 000
Total Retained Equity	457 000	457 000	−800 000	−669 000
Total Equity	11 381 000	11 381 000	10 124 000	10 254 000
Total Long-Term Debt	18 250 000	18 250 000	18 250 000	18 250 000
Total Current Debt	43 671 000	40 069 000	37 346 000	32 270 000
Total Equity and Debt	73 302 000	69 700 000	65 720 000	60 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 043 000	167 221 000	158 241 000	156 325 000
Other Income	1 348 000	0	0	0
Revenue	181 392 000	167 221 000	158 241 000	156 325 000
Cost of Goods Sold	53 199 000	50 375 000	55 423 000	45 472 000
Salary Costs	66 000 000	63 500 000	56 961 000	60 073 000
Depreciation	2 666 000	2 946 000	3 549 000	4 364 000
Impairment	0	0	0	0
Expenditure	166 556 000	156 680 000	155 053 000	154 251 000
Operating Profit	14 835 000	10 541 000	3 187 000	2 073 000
Financial Income	590 000	693 000	1 449 000	302 000
Financial Costs	1 701 000	1 176 000	1 219 000	1 214 000
Financial Balance	−1 111 000	−483 000	230 000	−912 000
Dividends	7 575 000	0	0	0
Net Income	10 658 000	7 887 000	2 644 000	876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 116 000	3 973 000	4 829 000	10 416 000
Total Intangible Assets	3 418 000	5 101 000	5 440 000	10 667 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 673 000	4 960 000	5 387 000	7 347 000
Total Tangible Assets	5 673 000	4 960 000	5 387 000	7 347 000
Total Fiancial Fixed Assets	10 174 000	1 674 000	10 174 000	1 129 000
Total Fixed Assets	19 265 000	11 736 000	21 002 000	19 144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 076 000	10 069 000	7 823 000	6 983 000
Total Current Assets	54 037 000	57 964 000	44 718 000	41 631 000
Total Assets	73 302 000	69 700 000	65 720 000	60 775 000
Total Equity	11 381 000	11 381 000	10 124 000	10 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 250 000	18 250 000	18 250 000	18 250 000
Creditors	7 898 000	10 908 000	9 880 000	7 584 000
Unpaid Taxes	10 004 000	10 283 000	9 685 000	9 273 000
Dividends	7 575 000	0	0	0
Other Current Debt	16 825 000	18 060 000	17 433 000	15 414 000
Total Current Debt	43 671 000	40 069 000	37 346 000	32 270 000
Total Equity and Debt	73 302 000	69 700 000	65 720 000	60 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,65 %	69,3 %	26,12 %	8,54 %
Debt-to-Equity Ratio	1,6	1,6	1,8	1,78
Operating Profit Margin	8,18 %	6,3 %	2,01 %	1,33 %
Current Ratio	1,24	1,45	1,2	1,29
Quick Ratio	1,24	1,45	1,2	1,29
Equity Ratio	0,16	0,16	0,15	0,17
Gross Profit Margin	70,67 %	69,88 %	64,98 %	70,91 %