NORGES FOOD AS

0954 OSLO

Finances

Share Ownership

Return on Equity

31,99 %

Current Ratio

0,72

Debt-to-Equity Ratio

−0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 881 000	11 385 000	13 731 000	8 771 000
Net Income	−555 000	589 000	437 000	−952 000
Total Assets	2 266 000	1 896 000	2 254 000	1 859 000
Total Equity	−1 735 000	−1 180 000	−1 769 000	−2 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 881 000	11 385 000	13 731 000	8 771 000
Expenditure	8 410 000	10 804 000	13 263 000	9 691 000
Operating Profit	−528 000	581 000	468 000	−920 000
Financial Income	22 000	92 000	60 000	1 000
Financial Costs	48 000	84 000	92 000	34 000
Financial Balance	−26 000	8 000	−32 000	−33 000
Earnings Before Tax	−555 000	589 000	437 000	−952 000
Tax	0	0	0	0
Net Income	−555 000	589 000	437 000	−952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	0	0	0
Total Current Assets	2 126 000	1 896 000	2 254 000	1 859 000
Total Assets	2 266 000	1 896 000	2 254 000	1 859 000
Total Retained Equity	−1 835 000	−1 280 000	−1 869 000	−2 306 000
Total Equity	−1 735 000	−1 180 000	−1 769 000	−2 206 000
Total Long-Term Debt	1 042 000	887 000	1 033 000	1 213 000
Total Current Debt	2 959 000	2 189 000	2 990 000	2 852 000
Total Equity and Debt	2 266 000	1 896 000	2 254 000	1 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 881 000	11 385 000	13 731 000	8 771 000
Other Income	0	0	0	0
Revenue	7 881 000	11 385 000	13 731 000	8 771 000
Cost of Goods Sold	6 388 000	8 677 000	10 825 000	7 767 000
Salary Costs	1 075 000	1 260 000	1 477 000	1 041 000
Depreciation	25 000	0	0	38 000
Impairment	0	0	0	0
Expenditure	8 410 000	10 804 000	13 263 000	9 691 000
Operating Profit	−528 000	581 000	468 000	−920 000
Financial Income	22 000	92 000	60 000	1 000
Financial Costs	48 000	84 000	92 000	34 000
Financial Balance	−26 000	8 000	−32 000	−33 000
Dividends	0	0	0	0
Net Income	−555 000	589 000	437 000	−952 000

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	140 000	0	0	0
Total Tangible Assets	140 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	140 000	0	0	0
Stock	1 105 000	994 000	826 000	577 000
Total Investments	0	0	0	0
Cash, Bank	335 000	105 000	466 000	618 000
Total Current Assets	2 126 000	1 896 000	2 254 000	1 859 000
Total Assets	2 266 000	1 896 000	2 254 000	1 859 000
Total Equity	−1 735 000	−1 180 000	−1 769 000	−2 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 042 000	887 000	1 033 000	1 213 000
Creditors	1 942 000	1 472 000	1 495 000	472 000
Unpaid Taxes	179 000	597 000	615 000	306 000
Dividends	0	0	0	0
Other Current Debt	838 000	120 000	880 000	2 075 000
Total Current Debt	2 959 000	2 189 000	2 990 000	2 852 000
Total Equity and Debt	2 266 000	1 896 000	2 254 000	1 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,99 %	−49,92 %	−24,7 %	43,16 %
Debt-to-Equity Ratio	−0,6	−0,75	−0,58	−0,55
Operating Profit Margin	−6,7 %	5,1 %	3,41 %	−10,49 %
Current Ratio	0,72	0,87	0,75	0,65
Quick Ratio	1,15	1,59	1,04	0,82
Equity Ratio	−0,77	−0,62	−0,78	−1,19
Gross Profit Margin	18,94 %	23,79 %	21,16 %	11,45 %