FISHWELL TECHNOLOGY AS

3030 DRAMMEN

Finances

Share Ownership

Return on Equity

−76,37 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 236 000	454 000	304 000	65 000
Net Income	−5 960 000	−4 441 000	−3 648 000	−414 000
Total Assets	11 624 000	14 670 000	13 232 000	3 563 000
Total Equity	7 804 000	12 001 000	10 670 000	630 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 236 000	454 000	304 000	65 000
Expenditure	7 111 000	4 892 000	3 956 000	490 000
Operating Profit	−5 875 000	−4 439 000	−3 653 000	−425 000
Financial Income	13 000	0	5 000	32 000
Financial Costs	98 000	2 000	1 000	21 000
Financial Balance	−85 000	−2 000	4 000	11 000
Earnings Before Tax	−5 960 000	−4 441 000	−3 648 000	−414 000
Tax	0	0	0	0
Net Income	−5 960 000	−4 441 000	−3 648 000	−414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 056 000	9 537 000	11 089 000	2 510 000
Total Current Assets	1 568 000	5 133 000	2 143 000	1 054 000
Total Assets	11 624 000	14 670 000	13 232 000	3 563 000
Total Retained Equity	−14 464 000	−8 503 000	−4 062 000	−414 000
Total Equity	7 804 000	12 001 000	10 670 000	630 000
Total Long-Term Debt	1 500 000	1 500 000	2 089 000	1 500 000
Total Current Debt	2 321 000	1 170 000	474 000	1 433 000
Total Equity and Debt	11 624 000	14 670 000	13 232 000	3 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 236 000	454 000	304 000	65 000
Other Income	0	0	0	0
Revenue	1 236 000	454 000	304 000	65 000
Cost of Goods Sold	405 000	0	58 000	0
Salary Costs	2 194 000	1 271 000	943 000	0
Depreciation	1 854 000	1 833 000	1 055 000	0
Impairment	0	0	0	0
Expenditure	7 111 000	4 892 000	3 956 000	490 000
Operating Profit	−5 875 000	−4 439 000	−3 653 000	−425 000
Financial Income	13 000	0	5 000	32 000
Financial Costs	98 000	2 000	1 000	21 000
Financial Balance	−85 000	−2 000	4 000	11 000
Dividends	0	0	0	0
Net Income	−5 960 000	−4 441 000	−3 648 000	−414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 350 000	0	0	0
Total Intangible Assets	9 742 000	9 304 000	10 915 000	2 510 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	229 000	171 000	112 000	0
Total Tangible Assets	229 000	171 000	112 000	0
Total Fiancial Fixed Assets	85 000	63 000	63 000	0
Total Fixed Assets	10 056 000	9 537 000	11 089 000	2 510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 000	2 671 000	1 084 000	173 000
Total Current Assets	1 568 000	5 133 000	2 143 000	1 054 000
Total Assets	11 624 000	14 670 000	13 232 000	3 563 000
Total Equity	7 804 000	12 001 000	10 670 000	630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	2 089 000	1 500 000
Creditors	1 065 000	283 000	203 000	225 000
Unpaid Taxes	380 000	367 000	183 000	0
Dividends	0	0	0	0
Other Current Debt	876 000	520 000	88 000	400 000
Total Current Debt	2 321 000	1 170 000	474 000	1 433 000
Total Equity and Debt	11 624 000	14 670 000	13 232 000	3 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,37 %	−37,01 %	−34,19 %	−65,71 %
Debt-to-Equity Ratio	0,19	0,12	0,2	2,38
Operating Profit Margin	−475,32 %	−977,75 %	−1 201,64 %	−653,85 %
Current Ratio	0,68	4,39	4,52	0,74
Quick Ratio	0,68	4,39	4,52	0,74
Equity Ratio	0,67	0,82	0,81	0,18
Gross Profit Margin	67,23 %	100 %	80,92 %	100 %