BALLANGEN SJØFARM AS

8540 BALLANGEN

Finances

Return on Equity

41,48 %

Current Ratio

4,47

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	424 573 000	229 724 000	123 864 000	97 847 000
Net Income	127 673 000	77 074 000	35 917 000	10 798 000
Total Assets	592 032 000	493 115 000	465 596 000	301 548 000
Total Equity	307 786 000	230 113 000	178 040 000	182 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	424 573 000	229 724 000	123 864 000	97 847 000
Expenditure	168 173 000	145 951 000	114 659 000	83 080 000
Operating Profit	175 598 000	93 740 000	42 076 000	7 190 000
Financial Income	3 139 000	7 938 000	5 489 000	6 870 000
Financial Costs	13 632 000	3 932 000	2 575 000	1 676 000
Financial Balance	−10 493 000	4 006 000	2 914 000	5 194 000
Earnings Before Tax	165 104 000	97 746 000	44 990 000	12 384 000
Tax	37 432 000	20 672 000	9 073 000	1 587 000
Net Income	127 673 000	77 074 000	35 917 000	10 798 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 058 000	271 123 000	259 729 000	156 010 000
Total Current Assets	300 974 000	221 992 000	205 867 000	145 538 000
Total Assets	592 032 000	493 115 000	465 596 000	301 548 000
Total Retained Equity	300 766 000	223 094 000	171 020 000	175 103 000
Total Equity	307 786 000	230 113 000	178 040 000	182 123 000
Total Long-Term Debt	216 981 000	196 013 000	207 402 000	92 707 000
Total Current Debt	67 265 000	66 988 000	80 154 000	26 718 000
Total Equity and Debt	592 032 000	493 115 000	465 596 000	301 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 390 000	229 711 000	123 863 000	57 258 000
Other Income	168 182 000	13 000	1 000	40 589 000
Revenue	424 573 000	229 724 000	123 864 000	97 847 000
Cost of Goods Sold	0	105 061 000	83 218 000	41 843 000
Salary Costs	45 790 000	9 605 000	6 526 000	6 138 000
Depreciation	26 250 000	20 022 000	15 411 000	8 232 000
Impairment	49 573 000	0	0	0
Expenditure	168 173 000	145 951 000	114 659 000	83 080 000
Operating Profit	175 598 000	93 740 000	42 076 000	7 190 000
Financial Income	3 139 000	7 938 000	5 489 000	6 870 000
Financial Costs	13 632 000	3 932 000	2 575 000	1 676 000
Financial Balance	−10 493 000	4 006 000	2 914 000	5 194 000
Dividends	25 000 000	25 000 000	40 000 000	0
Net Income	127 673 000	77 074 000	35 917 000	10 798 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 072 000	152 645 000	152 645 000	74 614 000
Real Eastate	35 534 000	35 363 000	34 476 000	16 199 000
Machinery and Plant Facilities	83 621 000	42 603 000	26 508 000	24 459 000
Fixtures	3 609 000	2 768 000	1 423 000	616 000
Total Tangible Assets	187 199 000	117 547 000	104 558 000	78 419 000
Total Fiancial Fixed Assets	788 000	931 000	2 526 000	2 977 000
Total Fixed Assets	291 058 000	271 123 000	259 729 000	156 010 000
Stock	0	80 985 000	71 582 000	37 963 000
Total Investments	93 539 000	98 684 000	90 871 000	85 589 000
Cash, Bank	37 988 000	31 122 000	1 181 000	2 801 000
Total Current Assets	300 974 000	221 992 000	205 867 000	145 538 000
Total Assets	592 032 000	493 115 000	465 596 000	301 548 000
Total Equity	307 786 000	230 113 000	178 040 000	182 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	216 981 000	196 013 000	207 402 000	92 707 000
Creditors	10 410 000	14 604 000	21 910 000	15 162 000
Unpaid Taxes	2 077 000	1 886 000	1 762 000	1 101 000
Dividends	25 000 000	25 000 000	40 000 000	0
Other Current Debt	11 326 000	7 829 000	8 099 000	7 200 000
Total Current Debt	67 265 000	66 988 000	80 154 000	26 718 000
Total Equity and Debt	592 032 000	493 115 000	465 596 000	301 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,48 %	33,49 %	20,17 %	5,93 %
Debt-to-Equity Ratio	0,7	0,85	1,16	0,51
Operating Profit Margin	41,36 %	40,81 %	33,97 %	7,35 %
Current Ratio	4,47	3,31	2,57	5,45
Quick Ratio	4,47	−15,86	24,02	−12,94
Equity Ratio	0,52	0,47	0,38	0,6
Gross Profit Margin	100 %	54,27 %	32,82 %	57,24 %