FOODART AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−163,59 %

Current Ratio

0,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 035 000	8 295 000	6 794 000	6 995 000
Net Income	−301 000	229 000	135 000	139 000
Total Assets	1 526 000	1 472 000	846 000	1 273 000
Total Equity	184 000	485 000	256 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 035 000	8 295 000	6 794 000	6 995 000
Expenditure	11 237 000	7 999 000	6 616 000	6 802 000
Operating Profit	−203 000	295 000	177 000	194 000
Financial Income	0	0	0	0
Financial Costs	98 000	58 000	43 000	55 000
Financial Balance	−98 000	−58 000	−43 000	−55 000
Earnings Before Tax	−301 000	237 000	135 000	139 000
Tax	0	8 000	0	0
Net Income	−301 000	229 000	135 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	581 000	662 000	164 000	387 000
Total Current Assets	945 000	810 000	682 000	886 000
Total Assets	1 526 000	1 472 000	846 000	1 273 000
Total Retained Equity	154 000	455 000	226 000	458 000
Total Equity	184 000	485 000	256 000	488 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 342 000	987 000	590 000	786 000
Total Equity and Debt	1 526 000	1 472 000	846 000	1 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 330 000	7 847 000	6 518 000	6 576 000
Other Income	705 000	448 000	276 000	420 000
Revenue	11 035 000	8 295 000	6 794 000	6 995 000
Cost of Goods Sold	3 829 000	2 774 000	2 308 000	2 183 000
Salary Costs	4 844 000	3 525 000	3 050 000	3 273 000
Depreciation	142 000	23 000	7 000	19 000
Impairment	0	0	0	0
Expenditure	11 237 000	7 999 000	6 616 000	6 802 000
Operating Profit	−203 000	295 000	177 000	194 000
Financial Income	0	0	0	0
Financial Costs	98 000	58 000	43 000	55 000
Financial Balance	−98 000	−58 000	−43 000	−55 000
Dividends	0	0	366 000	0
Net Income	−301 000	229 000	135 000	139 000

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	581 000	566 000	14 000	21 000
Total Tangible Assets	581 000	566 000	14 000	21 000
Total Fiancial Fixed Assets	0	95 000	150 000	366 000
Total Fixed Assets	581 000	662 000	164 000	387 000
Stock	386 000	303 000	158 000	174 000
Total Investments	0	0	0	0
Cash, Bank	472 000	383 000	480 000	676 000
Total Current Assets	945 000	810 000	682 000	886 000
Total Assets	1 526 000	1 472 000	846 000	1 273 000
Total Equity	184 000	485 000	256 000	488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	176 000	304 000	29 000	179 000
Unpaid Taxes	641 000	306 000	290 000	316 000
Dividends	0	0	366 000	0
Other Current Debt	525 000	368 000	271 000	291 000
Total Current Debt	1 342 000	987 000	590 000	786 000
Total Equity and Debt	1 526 000	1 472 000	846 000	1 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,59 %	47,22 %	52,73 %	28,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,84 %	3,56 %	2,61 %	2,77 %
Current Ratio	0,7	0,82	1,16	1,13
Quick Ratio	0,99	1,18	1,58	1,45
Equity Ratio	0,12	0,33	0,3	0,38
Gross Profit Margin	65,3 %	66,56 %	66,03 %	68,79 %