CULINA NORGE AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

26,02 %

Current Ratio

1,89

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 127 000	244 114 000	178 481 000	263 355 000
Net Income	8 709 000	8 368 000	−12 853 000	−5 560 000
Total Assets	149 875 000	153 422 000	105 384 000	136 422 000
Total Equity	33 469 000	24 760 000	37 179 000	50 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 127 000	244 114 000	178 481 000	263 355 000
Expenditure	298 719 000	233 023 000	195 745 000	270 444 000
Operating Profit	13 408 000	11 090 000	−17 264 000	−7 090 000
Financial Income	321 000	30 000	47 000	188 000
Financial Costs	2 520 000	355 000	−1 134 000	212 000
Financial Balance	−2 199 000	−325 000	1 181 000	−24 000
Earnings Before Tax	11 208 000	10 766 000	−16 083 000	−7 113 000
Tax	2 499 000	2 398 000	−3 231 000	−1 553 000
Net Income	8 709 000	8 368 000	−12 853 000	−5 560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 635 000	5 919 000	10 057 000	7 683 000
Total Current Assets	143 240 000	147 503 000	95 328 000	128 739 000
Total Assets	149 875 000	153 422 000	105 384 000	136 422 000
Total Retained Equity	1 590 000	−7 119 000	14 513 000	27 365 000
Total Equity	33 469 000	24 760 000	37 179 000	50 032 000
Total Long-Term Debt	40 732 000	20 000 000	0	0
Total Current Debt	75 674 000	108 662 000	68 205 000	86 390 000
Total Equity and Debt	149 875 000	153 422 000	105 384 000	136 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 234 000	239 238 000	175 019 000	259 327 000
Other Income	5 893 000	4 876 000	3 462 000	4 028 000
Revenue	312 127 000	244 114 000	178 481 000	263 355 000
Cost of Goods Sold	220 801 000	165 314 000	132 747 000	198 363 000
Salary Costs	33 417 000	33 028 000	32 192 000	38 471 000
Depreciation	498 000	390 000	571 000	890 000
Impairment	0	0	0	0
Expenditure	298 719 000	233 023 000	195 745 000	270 444 000
Operating Profit	13 408 000	11 090 000	−17 264 000	−7 090 000
Financial Income	321 000	30 000	47 000	188 000
Financial Costs	2 520 000	355 000	−1 134 000	212 000
Financial Balance	−2 199 000	−325 000	1 181 000	−24 000
Dividends	0	30 000 000	0	0
Net Income	8 709 000	8 368 000	−12 853 000	−5 560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 068 000	3 205 000	7 442 000	4 796 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	884 000	893 000	968 000	1 218 000
Total Tangible Assets	884 000	893 000	968 000	1 218 000
Total Fiancial Fixed Assets	1 683 000	1 820 000	1 646 000	1 669 000
Total Fixed Assets	6 635 000	5 919 000	10 057 000	7 683 000
Stock	140 166 000	102 210 000	42 267 000	53 389 000
Total Investments	0	0	0	0
Cash, Bank	34 138 000	55 863 000	35 153 000	21 614 000
Total Current Assets	143 240 000	147 503 000	95 328 000	128 739 000
Total Assets	149 875 000	153 422 000	105 384 000	136 422 000
Total Equity	33 469 000	24 760 000	37 179 000	50 032 000
Short-Term Group Debt	18 578 000	16 715 000	1 675 000	0
Total Long-Term Debt	40 732 000	20 000 000	0	0
Creditors	23 948 000	38 814 000	37 091 000	36 904 000
Unpaid Taxes	12 015 000	9 586 000	6 733 000	10 009 000
Dividends	0	30 000 000	0	0
Other Current Debt	17 825 000	13 548 000	22 706 000	37 305 000
Total Current Debt	75 674 000	108 662 000	68 205 000	86 390 000
Total Equity and Debt	149 875 000	153 422 000	105 384 000	136 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,02 %	33,8 %	−34,57 %	−11,11 %
Debt-to-Equity Ratio	1,22	0,81	0	0
Operating Profit Margin	4,3 %	4,54 %	−9,67 %	−2,69 %
Current Ratio	1,89	1,36	1,4	1,49
Quick Ratio	−2,22	22,86	3,68	3,9
Equity Ratio	0,22	0,16	0,35	0,37
Gross Profit Margin	29,26 %	32,28 %	25,62 %	24,68 %