EXCELLENT TASTE AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

−3,74 %

Current Ratio

4,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 132 000	9 283 000	7 359 000	6 968 000
Net Income	−229 000	756 000	−50 000	−857 000
Total Assets	7 125 000	7 389 000	6 554 000	6 428 000
Total Equity	6 129 000	6 358 000	5 602 000	5 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 132 000	9 283 000	7 359 000	6 968 000
Expenditure	8 470 000	8 518 000	7 398 000	7 872 000
Operating Profit	−339 000	765 000	−39 000	−905 000
Financial Income	80 000	49 000	70 000	82 000
Financial Costs	22 000	46 000	80 000	34 000
Financial Balance	58 000	3 000	−10 000	48 000
Earnings Before Tax	−282 000	768 000	−50 000	−857 000
Tax	−53 000	12 000	0	0
Net Income	−229 000	756 000	−50 000	−857 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 133 000	3 063 000	3 055 000	2 730 000
Total Current Assets	3 992 000	4 326 000	3 499 000	3 697 000
Total Assets	7 125 000	7 389 000	6 554 000	6 428 000
Total Retained Equity	6 029 000	6 258 000	5 502 000	5 552 000
Total Equity	6 129 000	6 358 000	5 602 000	5 652 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	996 000	1 031 000	952 000	776 000
Total Equity and Debt	7 125 000	7 389 000	6 554 000	6 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 132 000	9 283 000	7 353 000	6 942 000
Other Income	0	0	6 000	26 000
Revenue	8 132 000	9 283 000	7 359 000	6 968 000
Cost of Goods Sold	4 694 000	4 964 000	4 691 000	4 521 000
Salary Costs	2 261 000	2 267 000	1 826 000	2 325 000
Depreciation	0	0	15 000	14 000
Impairment	0	0	0	0
Expenditure	8 470 000	8 518 000	7 398 000	7 872 000
Operating Profit	−339 000	765 000	−39 000	−905 000
Financial Income	80 000	49 000	70 000	82 000
Financial Costs	22 000	46 000	80 000	34 000
Financial Balance	58 000	3 000	−10 000	48 000
Dividends	0	0	0	0
Net Income	−229 000	756 000	−50 000	−857 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	167 000	114 000	126 000	126 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	15 000
Total Tangible Assets	0	0	0	15 000
Total Fiancial Fixed Assets	2 966 000	2 948 000	2 929 000	2 589 000
Total Fixed Assets	3 133 000	3 063 000	3 055 000	2 730 000
Stock	388 000	379 000	201 000	227 000
Total Investments	0	0	0	0
Cash, Bank	3 039 000	3 397 000	2 886 000	2 931 000
Total Current Assets	3 992 000	4 326 000	3 499 000	3 697 000
Total Assets	7 125 000	7 389 000	6 554 000	6 428 000
Total Equity	6 129 000	6 358 000	5 602 000	5 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	162 000	253 000	49 000
Unpaid Taxes	616 000	704 000	537 000	559 000
Dividends	0	0	0	0
Other Current Debt	166 000	165 000	162 000	167 000
Total Current Debt	996 000	1 031 000	952 000	776 000
Total Equity and Debt	7 125 000	7 389 000	6 554 000	6 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,74 %	11,89 %	−0,89 %	−15,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,17 %	8,24 %	−0,53 %	−12,99 %
Current Ratio	4,01	4,2	3,68	4,76
Quick Ratio	6,57	6,63	4,66	6,73
Equity Ratio	0,86	0,86	0,85	0,88
Gross Profit Margin	42,28 %	46,53 %	36,25 %	35,12 %