CITY OF FRIENDS AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

99,33 %

Current Ratio

1,57

Debt-to-Equity Ratio

−2,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 412 000	2 800 000	2 321 000	10 217 000
Net Income	−1 475 000	−1 464 000	−1 218 000	582 000
Total Assets	3 738 000	2 246 000	2 643 000	3 365 000
Total Equity	−1 485 000	−10 000	1 454 000	−8 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 412 000	2 800 000	2 321 000	10 217 000
Expenditure	4 670 000	4 207 000	3 525 000	9 621 000
Operating Profit	−1 259 000	−1 407 000	−1 204 000	596 000
Financial Income	3 000	8 000	12 000	1 000
Financial Costs	219 000	65 000	26 000	15 000
Financial Balance	−216 000	−57 000	−14 000	−14 000
Earnings Before Tax	−1 475 000	−1 464 000	−1 218 000	582 000
Tax	0	0	0	0
Net Income	−1 475 000	−1 464 000	−1 218 000	582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 834 000	751 000	1 117 000	1 357 000
Total Current Assets	1 904 000	1 495 000	1 526 000	2 008 000
Total Assets	3 738 000	2 246 000	2 643 000	3 365 000
Total Retained Equity	−80 242 000	−78 767 000	−77 303 000	−76 085 000
Total Equity	−1 485 000	−10 000	1 454 000	−8 516 000
Total Long-Term Debt	4 014 000	1 731 000	680 000	10 565 000
Total Current Debt	1 209 000	525 000	509 000	1 316 000
Total Equity and Debt	3 738 000	2 246 000	2 643 000	3 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 412 000	2 618 000	2 029 000	10 217 000
Other Income	0	182 000	291 000	0
Revenue	3 412 000	2 800 000	2 321 000	10 217 000
Cost of Goods Sold	1 465 000	645 000	585 000	4 975 000
Salary Costs	908 000	922 000	769 000	1 053 000
Depreciation	342 000	366 000	442 000	467 000
Impairment	0	0	0	0
Expenditure	4 670 000	4 207 000	3 525 000	9 621 000
Operating Profit	−1 259 000	−1 407 000	−1 204 000	596 000
Financial Income	3 000	8 000	12 000	1 000
Financial Costs	219 000	65 000	26 000	15 000
Financial Balance	−216 000	−57 000	−14 000	−14 000
Dividends	0	0	0	0
Net Income	−1 475 000	−1 464 000	−1 218 000	582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 649 000	465 000	730 000	1 101 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	185 000	286 000	387 000	256 000
Total Tangible Assets	185 000	286 000	387 000	256 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 834 000	751 000	1 117 000	1 357 000
Stock	666 000	913 000	742 000	861 000
Total Investments	0	0	0	0
Cash, Bank	797 000	197 000	405 000	459 000
Total Current Assets	1 904 000	1 495 000	1 526 000	2 008 000
Total Assets	3 738 000	2 246 000	2 643 000	3 365 000
Total Equity	−1 485 000	−10 000	1 454 000	−8 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 014 000	1 731 000	680 000	10 565 000
Creditors	951 000	287 000	228 000	530 000
Unpaid Taxes	51 000	50 000	84 000	68 000
Dividends	0	0	0	0
Other Current Debt	207 000	188 000	197 000	718 000
Total Current Debt	1 209 000	525 000	509 000	1 316 000
Total Equity and Debt	3 738 000	2 246 000	2 643 000	3 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,33 %	14 640 %	−83,77 %	−6,83 %
Debt-to-Equity Ratio	−2,7	−173,1	0,47	−1,24
Operating Profit Margin	−36,9 %	−50,25 %	−51,87 %	5,83 %
Current Ratio	1,57	2,85	3	1,53
Quick Ratio	3,51	−3,85	−6,55	4,41
Equity Ratio	−0,4	−0	0,55	−2,53
Gross Profit Margin	57,06 %	76,96 %	74,8 %	51,31 %