WORLD HERITAGE SALMON AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−3,24 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	245 000
Net Income	−3 211 000	−930 000	−993 000
Total Assets	112 745 000	30 282 000	13 697 000
Total Equity	99 150 000	9 411 000	10 341 000

Income (NOK)	2022	2021	2020
Revenue	0	0	245 000
Expenditure	2 743 000	939 000	1 238 000
Operating Profit	−2 743 000	−939 000	−993 000
Financial Income	0	9 000	0
Financial Costs	468 000	0	0
Financial Balance	−468 000	9 000	0
Earnings Before Tax	−3 211 000	−930 000	−993 000
Tax	0	0	0
Net Income	−3 211 000	−930 000	−993 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	63 971 000	27 416 000	3 505 000
Total Current Assets	48 774 000	2 867 000	10 191 000
Total Assets	112 745 000	30 282 000	13 697 000
Total Retained Equity	−5 139 000	−1 929 000	−999 000
Total Equity	99 150 000	9 411 000	10 341 000
Total Long-Term Debt	0	0	0
Total Current Debt	13 595 000	20 871 000	3 356 000
Total Equity and Debt	112 745 000	30 282 000	13 697 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	245 000
Other Income	0	0	0
Revenue	0	0	245 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	229 000	6 000	0
Impairment	0	0	0
Expenditure	2 743 000	939 000	1 238 000
Operating Profit	−2 743 000	−939 000	−993 000
Financial Income	0	9 000	0
Financial Costs	468 000	0	0
Financial Balance	−468 000	9 000	0
Dividends	0	0	0
Net Income	−3 211 000	−930 000	−993 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	254 000	345 000	175 000
Real Eastate	63 588 000	26 908 000	3 331 000
Machinery and Plant Facilities	0	0	0
Fixtures	129 000	163 000	0
Total Tangible Assets	63 717 000	27 071 000	3 331 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	63 971 000	27 416 000	3 505 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	47 184 000	1 000	8 925 000
Total Current Assets	48 774 000	2 867 000	10 191 000
Total Assets	112 745 000	30 282 000	13 697 000
Total Equity	99 150 000	9 411 000	10 341 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	13 595 000	10 200 000	767 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	10 671 000	2 588 000
Total Current Debt	13 595 000	20 871 000	3 356 000
Total Equity and Debt	112 745 000	30 282 000	13 697 000

Financial indicators	2022	2021	2020
Return on Equity	−3,24 %	−9,88 %	−9,6 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	−405,31 %
Current Ratio	3,59	0,14	3,04
Quick Ratio	3,59	0,14	3,04
Equity Ratio	0,88	0,31	0,75
Gross Profit Margin	-	-	100 %