FINE FOREST FOODS AS

2260 KIRKENÆR

Finances

Return on Equity

8,14 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 275 000	11 768 000	7 463 000	10 805 000
Net Income	123 000	126 000	138 000	54 000
Total Assets	3 747 000	3 045 000	3 108 000	3 097 000
Total Equity	1 511 000	1 388 000	1 262 000	1 124 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 275 000	11 768 000	7 463 000	10 805 000
Expenditure	9 181 000	11 378 000	7 412 000	10 760 000
Operating Profit	94 000	187 000	254 000	40 000
Financial Income	99 000	117 000	31 000	52 000
Financial Costs	25 000	129 000	100 000	32 000
Financial Balance	74 000	−12 000	−69 000	20 000
Earnings Before Tax	168 000	175 000	185 000	59 000
Tax	45 000	49 000	47 000	5 000
Net Income	123 000	126 000	138 000	54 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 212 000	649 000	826 000	804 000
Total Current Assets	2 535 000	2 396 000	2 281 000	2 293 000
Total Assets	3 747 000	3 045 000	3 108 000	3 097 000
Total Retained Equity	597 000	473 000	347 000	210 000
Total Equity	1 511 000	1 388 000	1 262 000	1 124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 235 000	1 657 000	1 846 000	1 972 000
Total Equity and Debt	3 747 000	3 045 000	3 108 000	3 097 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 207 000	11 571 000	7 371 000	10 717 000
Other Income	68 000	198 000	93 000	88 000
Revenue	9 275 000	11 768 000	7 463 000	10 805 000
Cost of Goods Sold	7 099 000	9 150 000	5 604 000	8 884 000
Salary Costs	0	1 000	3 000	36 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 181 000	11 378 000	7 412 000	10 760 000
Operating Profit	94 000	187 000	254 000	40 000
Financial Income	99 000	117 000	31 000	52 000
Financial Costs	25 000	129 000	100 000	32 000
Financial Balance	74 000	−12 000	−69 000	20 000
Dividends	0	0	0	0
Net Income	123 000	126 000	138 000	54 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	430 000	430 000	430 000
Fixtures	0	0	0	0
Total Tangible Assets	0	430 000	430 000	430 000
Total Fiancial Fixed Assets	1 212 000	219 000	396 000	374 000
Total Fixed Assets	1 212 000	649 000	826 000	804 000
Stock	168 000	0	202 000	0
Total Investments	90 000	90 000	90 000	90 000
Cash, Bank	760 000	176 000	252 000	445 000
Total Current Assets	2 535 000	2 396 000	2 281 000	2 293 000
Total Assets	3 747 000	3 045 000	3 108 000	3 097 000
Total Equity	1 511 000	1 388 000	1 262 000	1 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 673 000	1 418 000	1 424 000	1 020 000
Unpaid Taxes	0	105 000	120 000	15 000
Dividends	0	0	0	0
Other Current Debt	518 000	84 000	255 000	932 000
Total Current Debt	2 235 000	1 657 000	1 846 000	1 972 000
Total Equity and Debt	3 747 000	3 045 000	3 108 000	3 097 000

Financial indicators	2021	2020	2019	2018
Return on Equity	8,14 %	9,08 %	10,94 %	4,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,01 %	1,59 %	3,4 %	0,37 %
Current Ratio	1,13	1,45	1,24	1,16
Quick Ratio	1,23	1,45	1,39	1,16
Equity Ratio	0,4	0,46	0,41	0,36
Gross Profit Margin	23,46 %	22,25 %	24,91 %	17,78 %