TOP QUALITY FOOD AS

3970 LANGESUND

Finances

Return on Equity

97,8 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 660 000	16 005 000	17 993 000	16 478 000
Net Income	1 065 000	1 815 000	2 016 000	1 136 000
Total Assets	3 316 000	3 835 000	4 438 000	3 314 000
Total Equity	1 089 000	1 084 000	1 069 000	1 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 660 000	16 005 000	17 993 000	16 478 000
Expenditure	13 417 000	15 395 000	17 000 000	15 851 000
Operating Profit	243 000	610 000	993 000	627 000
Financial Income	890 000	1 349 000	1 250 000	651 000
Financial Costs	0	0	1 000	4 000
Financial Balance	890 000	1 349 000	1 249 000	647 000
Earnings Before Tax	1 133 000	1 959 000	2 243 000	1 274 000
Tax	68 000	144 000	227 000	138 000
Net Income	1 065 000	1 815 000	2 016 000	1 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	870 000	870 000	870 000	870 000
Total Current Assets	2 446 000	2 965 000	3 568 000	2 444 000
Total Assets	3 316 000	3 835 000	4 438 000	3 314 000
Total Retained Equity	989 000	984 000	969 000	954 000
Total Equity	1 089 000	1 084 000	1 069 000	1 054 000
Total Long-Term Debt	5 000	0	0	0
Total Current Debt	2 222 000	2 750 000	3 368 000	2 261 000
Total Equity and Debt	3 316 000	3 835 000	4 438 000	3 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 667 000	15 989 000	17 993 000	16 468 000
Other Income	−7 000	16 000	0	10 000
Revenue	13 660 000	16 005 000	17 993 000	16 478 000
Cost of Goods Sold	11 218 000	13 257 000	14 616 000	13 550 000
Salary Costs	1 217 000	1 265 000	1 552 000	1 521 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 417 000	15 395 000	17 000 000	15 851 000
Operating Profit	243 000	610 000	993 000	627 000
Financial Income	890 000	1 349 000	1 250 000	651 000
Financial Costs	0	0	1 000	4 000
Financial Balance	890 000	1 349 000	1 249 000	647 000
Dividends	1 060 000	1 800 000	2 000 000	1 000 000
Net Income	1 065 000	1 815 000	2 016 000	1 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	870 000	870 000	870 000	870 000
Total Fixed Assets	870 000	870 000	870 000	870 000
Stock	40 000	52 000	50 000	22 000
Total Investments	0	0	0	0
Cash, Bank	788 000	836 000	1 506 000	1 155 000
Total Current Assets	2 446 000	2 965 000	3 568 000	2 444 000
Total Assets	3 316 000	3 835 000	4 438 000	3 314 000
Total Equity	1 089 000	1 084 000	1 069 000	1 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	0	0	0
Creditors	758 000	559 000	737 000	791 000
Unpaid Taxes	89 000	91 000	216 000	177 000
Dividends	1 060 000	1 800 000	2 000 000	1 000 000
Other Current Debt	252 000	157 000	188 000	155 000
Total Current Debt	2 222 000	2 750 000	3 368 000	2 261 000
Total Equity and Debt	3 316 000	3 835 000	4 438 000	3 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,8 %	167,44 %	188,59 %	107,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,78 %	3,81 %	5,52 %	3,81 %
Current Ratio	1,1	1,08	1,06	1,08
Quick Ratio	1,12	1,1	1,08	1,09
Equity Ratio	0,33	0,28	0,24	0,32
Gross Profit Margin	17,88 %	17,17 %	18,77 %	17,77 %