CUP OF TEA AS

6280 SØVIK

Finances

Share Ownership

Return on Equity

−7,05 %

Current Ratio

9,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	349 000	417 000	278 000	208 000
Net Income	−11 000	28 000	−3 000	21 000
Total Assets	173 000	246 000	177 000	183 000
Total Equity	156 000	167 000	164 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	349 000	417 000	278 000	208 000
Expenditure	360 000	382 000	280 000	184 000
Operating Profit	−11 000	35 000	−2 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−11 000	35 000	−2 000	24 000
Tax	1 000	7 000	0	3 000
Net Income	−11 000	28 000	−3 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	6 000	8 000	9 000
Total Current Assets	167 000	239 000	170 000	174 000
Total Assets	173 000	246 000	177 000	183 000
Total Retained Equity	6 000	17 000	14 000	17 000
Total Equity	156 000	167 000	164 000	167 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	78 000	13 000	16 000
Total Equity and Debt	173 000	246 000	177 000	183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	349 000	417 000	278 000	208 000
Other Income	0	0	0	0
Revenue	349 000	417 000	278 000	208 000
Cost of Goods Sold	131 000	173 000	121 000	82 000
Salary Costs	2 000	2 000	0	0
Depreciation	1 000	1 000	1 000	1 000
Impairment	0	0	0	0
Expenditure	360 000	382 000	280 000	184 000
Operating Profit	−11 000	35 000	−2 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	25 000	0	0
Net Income	−11 000	28 000	−3 000	21 000

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	5 000	6 000	8 000	9 000
Total Tangible Assets	5 000	6 000	8 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	6 000	8 000	9 000
Stock	68 000	77 000	73 000	75 000
Total Investments	0	0	0	0
Cash, Bank	92 000	149 000	91 000	90 000
Total Current Assets	167 000	239 000	170 000	174 000
Total Assets	173 000	246 000	177 000	183 000
Total Equity	156 000	167 000	164 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	32 000	11 000	7 000
Unpaid Taxes	12 000	14 000	2 000	6 000
Dividends	0	25 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	17 000	78 000	13 000	16 000
Total Equity and Debt	173 000	246 000	177 000	183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,05 %	16,77 %	−1,83 %	12,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,15 %	8,39 %	−0,72 %	11,06 %
Current Ratio	9,82	3,06	13,08	10,88
Quick Ratio	−3,27	239	−2,83	−2,95
Equity Ratio	0,9	0,68	0,93	0,91
Gross Profit Margin	62,46 %	58,51 %	56,47 %	60,58 %