VESTEY FOODS NORGE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

55,09 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 633 000	74 987 000	0	0
Net Income	1 368 000	1 050 000	−104 000	−39 000
Total Assets	19 421 000	34 805 000	7 936 000	854 000
Total Equity	2 483 000	1 115 000	65 000	819 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 633 000	74 987 000	0	0
Expenditure	110 785 000	73 578 000	84 000	39 000
Operating Profit	1 848 000	1 409 000	−84 000	−39 000
Financial Income	37 000	25 000	0	0
Financial Costs	110 000	162 000	21 000	0
Financial Balance	−73 000	−137 000	−21 000	0
Earnings Before Tax	1 775 000	1 273 000	−104 000	−39 000
Tax	407 000	223 000	0	0
Net Income	1 368 000	1 050 000	−104 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	18 000	0	0
Total Current Assets	19 365 000	34 787 000	7 936 000	854 000
Total Assets	19 421 000	34 805 000	7 936 000	854 000
Total Retained Equity	2 383 000	1 015 000	−35 000	719 000
Total Equity	2 483 000	1 115 000	65 000	819 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 938 000	33 690 000	7 871 000	34 000
Total Equity and Debt	19 421 000	34 805 000	7 936 000	854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 633 000	74 987 000	0	0
Other Income	0	0	0	0
Revenue	112 633 000	74 987 000	0	0
Cost of Goods Sold	106 858 000	72 144 000	0	0
Salary Costs	1 099 000	1 106 000	0	0
Depreciation	22 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	110 785 000	73 578 000	84 000	39 000
Operating Profit	1 848 000	1 409 000	−84 000	−39 000
Financial Income	37 000	25 000	0	0
Financial Costs	110 000	162 000	21 000	0
Financial Balance	−73 000	−137 000	−21 000	0
Dividends	0	0	650 000	0
Net Income	1 368 000	1 050 000	−104 000	−39 000

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	56 000	18 000	0	0
Total Tangible Assets	56 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	18 000	0	0
Stock	6 382 000	1 935 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 885 000	12 001 000	167 000	854 000
Total Current Assets	19 365 000	34 787 000	7 936 000	854 000
Total Assets	19 421 000	34 805 000	7 936 000	854 000
Total Equity	2 483 000	1 115 000	65 000	819 000
Short-Term Group Debt	13 725 000	15 468 000	7 821 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 278 000	9 048 000	0	2 000
Unpaid Taxes	8 000	5 246 000	0	0
Dividends	0	0	650 000	0
Other Current Debt	519 000	3 705 000	50 000	33 000
Total Current Debt	16 938 000	33 690 000	7 871 000	34 000
Total Equity and Debt	19 421 000	34 805 000	7 936 000	854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,09 %	94,17 %	−160 %	−4,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,64 %	1,88 %	-	-
Current Ratio	1,14	1,03	1,01	25,12
Quick Ratio	1,83	1,1	1,01	25,12
Equity Ratio	0,13	0,03	0,01	0,96
Gross Profit Margin	5,13 %	3,79 %	-	-