LANDBASERT AKVAKULTUR NORGE AS

4550 FARSUND

Finances

Return on Equity

34,46 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 160 000	24 984 000	28 357 000	34 762 000
Net Income	10 468 000	3 720 000	3 808 000	8 623 000
Total Assets	39 930 000	27 009 000	26 207 000	32 431 000
Total Equity	30 373 000	19 905 000	17 185 000	13 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 160 000	24 984 000	28 357 000	34 762 000
Expenditure	24 249 000	20 594 000	23 601 000	23 374 000
Operating Profit	12 912 000	4 389 000	4 756 000	11 389 000
Financial Income	127 000	10 000	6 000	26 000
Financial Costs	85 000	23 000	130 000	474 000
Financial Balance	42 000	−13 000	−124 000	−448 000
Earnings Before Tax	12 954 000	4 376 000	4 632 000	10 941 000
Tax	2 486 000	656 000	825 000	2 318 000
Net Income	10 468 000	3 720 000	3 808 000	8 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 593 000	11 711 000	13 920 000	14 845 000
Total Current Assets	31 336 000	15 299 000	12 287 000	17 586 000
Total Assets	39 930 000	27 009 000	26 207 000	32 431 000
Total Retained Equity	30 193 000	19 725 000	17 001 000	13 692 000
Total Equity	30 373 000	19 905 000	17 185 000	13 878 000
Total Long-Term Debt	95 000	599 000	3 902 000	13 961 000
Total Current Debt	9 462 000	6 505 000	5 119 000	4 592 000
Total Equity and Debt	39 930 000	27 009 000	26 207 000	32 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 702 000	24 984 000	28 333 000	34 762 000
Other Income	−542 000	0	24 000	0
Revenue	37 160 000	24 984 000	28 357 000	34 762 000
Cost of Goods Sold	9 882 000	8 310 000	10 185 000	13 933 000
Salary Costs	6 152 000	4 560 000	4 328 000	2 044 000
Depreciation	3 031 000	3 935 000	4 427 000	2 366 000
Impairment	0	0	0	0
Expenditure	24 249 000	20 594 000	23 601 000	23 374 000
Operating Profit	12 912 000	4 389 000	4 756 000	11 389 000
Financial Income	127 000	10 000	6 000	26 000
Financial Costs	85 000	23 000	130 000	474 000
Financial Balance	42 000	−13 000	−124 000	−448 000
Dividends	0	0	0	0
Net Income	10 468 000	3 720 000	3 808 000	8 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	5 000	9 000
Real Eastate	2 515 000	2 631 000	2 429 000	1 839 000
Machinery and Plant Facilities	5 307 000	8 531 000	8 620 000	10 312 000
Fixtures	181 000	33 000	951 000	2 684 000
Total Tangible Assets	8 003 000	11 195 000	12 000 000	14 836 000
Total Fiancial Fixed Assets	590 000	515 000	1 915 000	0
Total Fixed Assets	8 593 000	11 711 000	13 920 000	14 845 000
Stock	7 635 000	6 906 000	6 968 000	9 438 000
Total Investments	0	0	0	0
Cash, Bank	3 624 000	2 740 000	249 000	6 324 000
Total Current Assets	31 336 000	15 299 000	12 287 000	17 586 000
Total Assets	39 930 000	27 009 000	26 207 000	32 431 000
Total Equity	30 373 000	19 905 000	17 185 000	13 878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 000	599 000	3 902 000	13 961 000
Creditors	2 256 000	4 439 000	1 155 000	1 225 000
Unpaid Taxes	4 476 000	1 414 000	2 059 000	1 484 000
Dividends	0	0	0	0
Other Current Debt	1 396 000	652 000	1 036 000	398 000
Total Current Debt	9 462 000	6 505 000	5 119 000	4 592 000
Total Equity and Debt	39 930 000	27 009 000	26 207 000	32 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,46 %	18,69 %	22,16 %	62,13 %
Debt-to-Equity Ratio	0	0,03	0,23	1,01
Operating Profit Margin	34,75 %	17,57 %	16,77 %	32,76 %
Current Ratio	3,31	2,35	2,4	3,83
Quick Ratio	17,15	−38,15	−6,65	−3,63
Equity Ratio	0,76	0,74	0,66	0,43
Gross Profit Margin	73,41 %	66,74 %	64,08 %	59,92 %