EXPRESS FOOD AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

65,24 %

Current Ratio

−4,96

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 488 000	1 548 000	1 314 000	2 407 000
Net Income	535 000	273 000	148 000	984 000
Total Assets	1 088 000	526 000	375 000	186 000
Total Equity	820 000	295 000	12 000	−36 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 488 000	1 548 000	1 314 000	2 407 000
Expenditure	1 840 000	1 173 000	1 139 000	1 422 000
Operating Profit	648 000	374 000	175 000	985 000
Financial Income	0	−1 000	0	0
Financial Costs	8 000	10 000	8 000	0
Financial Balance	−8 000	−11 000	−8 000	0
Earnings Before Tax	640 000	363 000	167 000	984 000
Tax	105 000	80 000	18 000	0
Net Income	535 000	273 000	148 000	984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	256 000	315 000	0
Total Current Assets	397 000	269 000	60 000	186 000
Total Assets	1 088 000	526 000	375 000	186 000
Total Retained Equity	620 000	95 000	−188 000	−236 000
Total Equity	820 000	295 000	12 000	−36 000
Total Long-Term Debt	347 000	−102 000	0	0
Total Current Debt	−80 000	342 000	363 000	222 000
Total Equity and Debt	1 088 000	536 000	375 000	186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 488 000	1 548 000	1 314 000	2 407 000
Other Income	0	0	0	0
Revenue	2 488 000	1 548 000	1 314 000	2 407 000
Cost of Goods Sold	1 104 000	746 000	843 000	1 087 000
Salary Costs	451 000	283 000	140 000	183 000
Depreciation	173 000	64 000	0	0
Impairment	0	0	0	0
Expenditure	1 840 000	1 173 000	1 139 000	1 422 000
Operating Profit	648 000	374 000	175 000	985 000
Financial Income	0	−1 000	0	0
Financial Costs	8 000	10 000	8 000	0
Financial Balance	−8 000	−11 000	−8 000	0
Dividends	400 000	0	0	0
Net Income	535 000	273 000	148 000	984 000

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	295 000	0
Fixtures	691 000	256 000	20 000	0
Total Tangible Assets	691 000	256 000	315 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	691 000	256 000	315 000	0
Stock	0	0	0	25 000
Total Investments	0	0	0	0
Cash, Bank	414 000	301 000	70 000	167 000
Total Current Assets	397 000	269 000	60 000	186 000
Total Assets	1 088 000	526 000	375 000	186 000
Total Equity	820 000	295 000	12 000	−36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	347 000	−102 000	0	0
Creditors	0	8 000	21 000	0
Unpaid Taxes	34 000	29 000	−29 000	−43 000
Dividends	400 000	0	0	0
Other Current Debt	116 000	43 000	18 000	211 000
Total Current Debt	−80 000	342 000	363 000	222 000
Total Equity and Debt	1 088 000	536 000	375 000	186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,24 %	92,54 %	1 233,33 %	−2 733,33 %
Debt-to-Equity Ratio	0,42	−0,35	0	−0
Operating Profit Margin	26,05 %	24,16 %	13,32 %	40,92 %
Current Ratio	−4,96	0,79	0,17	0,84
Quick Ratio	−4,96	0,79	0,17	0,94
Equity Ratio	0,75	0,56	0,03	−0,19
Gross Profit Margin	55,63 %	51,81 %	35,84 %	54,84 %