FOOD INNOVATION AS

0582 OSLO

Finances

Share Ownership

Return on Equity

119,06 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 996 000	100 243 000	86 935 000	63 079 000
Net Income	5 629 000	9 045 000	8 485 000	2 725 000
Total Assets	21 417 000	28 126 000	23 128 000	16 666 000
Total Equity	4 728 000	3 518 000	1 200 000	1 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 996 000	100 243 000	86 935 000	63 079 000
Expenditure	96 063 000	87 947 000	76 033 000	59 119 000
Operating Profit	7 933 000	12 296 000	10 902 000	3 959 000
Financial Income	303 000	50 000	225 000	40 000
Financial Costs	1 012 000	743 000	242 000	498 000
Financial Balance	−709 000	−693 000	−17 000	−458 000
Earnings Before Tax	7 225 000	11 603 000	10 885 000	3 501 000
Tax	1 596 000	2 557 000	2 399 000	776 000
Net Income	5 629 000	9 045 000	8 485 000	2 725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	472 000	326 000	380 000	549 000
Total Current Assets	20 944 000	27 800 000	22 748 000	16 116 000
Total Assets	21 417 000	28 126 000	23 128 000	16 666 000
Total Retained Equity	0	0	0	715 000
Total Equity	4 728 000	3 518 000	1 200 000	1 027 000
Total Long-Term Debt	2 367 000	5 210 000	0	0
Total Current Debt	14 321 000	19 398 000	21 927 000	15 639 000
Total Equity and Debt	21 417 000	28 126 000	23 128 000	16 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 925 000	100 161 000	86 871 000	62 982 000
Other Income	71 000	82 000	64 000	97 000
Revenue	103 996 000	100 243 000	86 935 000	63 079 000
Cost of Goods Sold	78 114 000	71 977 000	62 125 000	46 416 000
Salary Costs	11 445 000	9 714 000	9 051 000	8 167 000
Depreciation	31 000	123 000	192 000	144 000
Impairment	0	0	0	0
Expenditure	96 063 000	87 947 000	76 033 000	59 119 000
Operating Profit	7 933 000	12 296 000	10 902 000	3 959 000
Financial Income	303 000	50 000	225 000	40 000
Financial Costs	1 012 000	743 000	242 000	498 000
Financial Balance	−709 000	−693 000	−17 000	−458 000
Dividends	0	635 000	524 000	0
Net Income	5 629 000	9 045 000	8 485 000	2 725 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	112 000	305 000
Total Intangible Assets	74 000	85 000	190 000	359 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	152 000	0	0	0
Fixtures	247 000	241 000	190 000	190 000
Total Tangible Assets	399 000	241 000	190 000	190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	472 000	326 000	380 000	549 000
Stock	11 495 000	14 085 000	8 257 000	6 954 000
Total Investments	0	0	0	0
Cash, Bank	0	660 000	645 000	686 000
Total Current Assets	20 944 000	27 800 000	22 748 000	16 116 000
Total Assets	21 417 000	28 126 000	23 128 000	16 666 000
Total Equity	4 728 000	3 518 000	1 200 000	1 027 000
Short-Term Group Debt	7 204 000	11 658 000	11 010 000	4 956 000
Total Long-Term Debt	2 367 000	5 210 000	0	0
Creditors	3 237 000	3 570 000	3 061 000	3 648 000
Unpaid Taxes	2 368 000	2 826 000	2 762 000	2 072 000
Dividends	0	635 000	524 000	0
Other Current Debt	1 513 000	709 000	625 000	566 000
Total Current Debt	14 321 000	19 398 000	21 927 000	15 639 000
Total Equity and Debt	21 417 000	28 126 000	23 128 000	16 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,06 %	257,11 %	707,08 %	265,34 %
Debt-to-Equity Ratio	0,5	1,48	0	0
Operating Profit Margin	7,63 %	12,27 %	12,54 %	6,28 %
Current Ratio	1,46	1,43	1,04	1,03
Quick Ratio	7,41	5,23	1,66	1,86
Equity Ratio	0,22	0,13	0,05	0,06
Gross Profit Margin	24,89 %	28,2 %	28,54 %	26,42 %