GLOBAL FOOD GF AS

5008 BERGEN

Finances

Return on Equity

44,4 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 908 000	48 767 000	47 604 000	37 185 000
Net Income	3 326 000	3 911 000	4 348 000	3 697 000
Total Assets	16 490 000	14 456 000	22 270 000	17 487 000
Total Equity	7 491 000	4 299 000	500 000	13 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 908 000	48 767 000	47 604 000	37 185 000
Expenditure	44 644 000	43 739 000	42 182 000	32 325 000
Operating Profit	4 264 000	5 028 000	5 423 000	4 860 000
Financial Income	9 000	4 000	3 000	10 000
Financial Costs	13 000	11 000	18 000	20 000
Financial Balance	−4 000	−7 000	−15 000	−10 000
Earnings Before Tax	4 260 000	5 020 000	5 408 000	4 850 000
Tax	934 000	1 109 000	1 060 000	1 153 000
Net Income	3 326 000	3 911 000	4 348 000	3 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 870 000	1 519 000	1 335 000	1 418 000
Total Current Assets	14 620 000	12 937 000	20 935 000	16 068 000
Total Assets	16 490 000	14 456 000	22 270 000	17 487 000
Total Retained Equity	6 991 000	3 799 000	0	13 186 000
Total Equity	7 491 000	4 299 000	500 000	13 691 000
Total Long-Term Debt	0	229 000	387 000	540 000
Total Current Debt	8 999 000	9 928 000	21 383 000	3 256 000
Total Equity and Debt	16 490 000	14 456 000	22 270 000	17 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 903 000	48 758 000	47 596 000	37 183 000
Other Income	6 000	9 000	8 000	2 000
Revenue	48 908 000	48 767 000	47 604 000	37 185 000
Cost of Goods Sold	32 515 000	32 177 000	31 941 000	23 437 000
Salary Costs	7 991 000	7 703 000	5 670 000	5 322 000
Depreciation	588 000	529 000	502 000	367 000
Impairment	0	0	0	0
Expenditure	44 644 000	43 739 000	42 182 000	32 325 000
Operating Profit	4 264 000	5 028 000	5 423 000	4 860 000
Financial Income	9 000	4 000	3 000	10 000
Financial Costs	13 000	11 000	18 000	20 000
Financial Balance	−4 000	−7 000	−15 000	−10 000
Dividends	0	0	0	0
Net Income	3 326 000	3 911 000	4 348 000	3 697 000

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	309 000	406 000	0	0
Fixtures	1 499 000	1 092 000	1 335 000	1 418 000
Total Tangible Assets	1 808 000	1 499 000	1 335 000	1 418 000
Total Fiancial Fixed Assets	61 000	21 000	0	0
Total Fixed Assets	1 870 000	1 519 000	1 335 000	1 418 000
Stock	2 321 000	1 744 000	1 657 000	1 302 000
Total Investments	0	0	0	0
Cash, Bank	5 771 000	10 708 000	9 911 000	8 236 000
Total Current Assets	14 620 000	12 937 000	20 935 000	16 068 000
Total Assets	16 490 000	14 456 000	22 270 000	17 487 000
Total Equity	7 491 000	4 299 000	500 000	13 691 000
Short-Term Group Debt	3 158 000	4 506 000	17 585 000	200 000
Total Long-Term Debt	0	229 000	387 000	540 000
Creditors	2 873 000	2 046 000	1 111 000	508 000
Unpaid Taxes	472 000	688 000	570 000	765 000
Dividends	0	0	0	0
Other Current Debt	1 599 000	1 611 000	1 104 000	673 000
Total Current Debt	8 999 000	9 928 000	21 383 000	3 256 000
Total Equity and Debt	16 490 000	14 456 000	22 270 000	17 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,4 %	90,97 %	869,6 %	27 %
Debt-to-Equity Ratio	0	0,05	0,77	0,04
Operating Profit Margin	8,72 %	10,31 %	11,39 %	13,07 %
Current Ratio	1,62	1,3	0,98	4,93
Quick Ratio	2,19	1,58	1,06	8,22
Equity Ratio	0,45	0,3	0,02	0,78
Gross Profit Margin	33,52 %	34,02 %	32,9 %	36,97 %