NORDIC KINGFISH FREDRIKSTAD AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−40,5 %

Current Ratio

0,37

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 996 000	45 149 000	19 861 000	1 355 000
Net Income	−56 502 000	−61 510 000	−41 083 000	−61 136 000
Total Assets	406 660 000	473 750 000	496 975 000	488 874 000
Total Equity	139 522 000	195 476 000	186 986 000	228 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 996 000	45 149 000	19 861 000	1 355 000
Expenditure	113 817 000	97 320 000	54 517 000	61 386 000
Operating Profit	−42 821 000	−52 172 000	−34 655 000	−60 031 000
Financial Income	1 832 000	1 611 000	86 000	806 000
Financial Costs	15 668 000	10 950 000	6 515 000	1 911 000
Financial Balance	−13 836 000	−9 339 000	−6 429 000	−1 105 000
Earnings Before Tax	−56 657 000	−61 510 000	−41 083 000	−61 136 000
Tax	−155 000	0	0	0
Net Income	−56 502 000	−61 510 000	−41 083 000	−61 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 469 000	436 008 000	435 423 000	449 356 000
Total Current Assets	39 191 000	37 742 000	61 552 000	39 518 000
Total Assets	406 660 000	473 750 000	496 975 000	488 874 000
Total Retained Equity	−244 592 000	−188 090 000	−126 579 000	−85 496 000
Total Equity	139 522 000	195 476 000	186 986 000	228 069 000
Total Long-Term Debt	162 125 000	79 830 000	135 739 000	81 543 000
Total Current Debt	105 013 000	198 444 000	174 250 000	179 262 000
Total Equity and Debt	406 660 000	473 750 000	496 975 000	488 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 695 000	43 899 000	18 135 000	501 000
Other Income	1 301 000	1 250 000	1 726 000	854 000
Revenue	70 996 000	45 149 000	19 861 000	1 355 000
Cost of Goods Sold	28 458 000	29 513 000	28 895 000	0
Salary Costs	17 681 000	18 202 000	4 203 000	9 338 000
Depreciation	19 332 000	18 934 000	6 170 000	6 706 000
Impairment	5 919 000	4 314 000	7 034 000	6 976 000
Expenditure	113 817 000	97 320 000	54 517 000	61 386 000
Operating Profit	−42 821 000	−52 172 000	−34 655 000	−60 031 000
Financial Income	1 832 000	1 611 000	86 000	806 000
Financial Costs	15 668 000	10 950 000	6 515 000	1 911 000
Financial Balance	−13 836 000	−9 339 000	−6 429 000	−1 105 000
Dividends	0	0	0	0
Net Income	−56 502 000	−61 510 000	−41 083 000	−61 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 716 000	12 729 000	11 231 000	8 880 000
Real Eastate	351 566 000	419 386 000	421 317 000	439 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 187 000	3 876 000	2 836 000	1 229 000
Total Tangible Assets	354 753 000	423 262 000	424 154 000	440 421 000
Total Fiancial Fixed Assets	0	17 000	38 000	56 000
Total Fixed Assets	367 469 000	436 008 000	435 423 000	449 356 000
Stock	30 974 000	32 270 000	37 896 000	13 651 000
Total Investments	0	0	0	0
Cash, Bank	2 339 000	691 000	5 787 000	20 808 000
Total Current Assets	39 191 000	37 742 000	61 552 000	39 518 000
Total Assets	406 660 000	473 750 000	496 975 000	488 874 000
Total Equity	139 522 000	195 476 000	186 986 000	228 069 000
Short-Term Group Debt	87 308 000	35 060 000	1 246 000	33 106 000
Total Long-Term Debt	162 125 000	79 830 000	135 739 000	81 543 000
Creditors	7 651 000	67 271 000	72 482 000	84 549 000
Unpaid Taxes	1 034 000	1 330 000	1 203 000	719 000
Dividends	0	0	0	0
Other Current Debt	9 021 000	9 810 000	14 347 000	14 914 000
Total Current Debt	105 013 000	198 444 000	174 250 000	179 262 000
Total Equity and Debt	406 660 000	473 750 000	496 975 000	488 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,5 %	−31,47 %	−21,97 %	−26,81 %
Debt-to-Equity Ratio	1,16	0,41	0,73	0,36
Operating Profit Margin	−60,31 %	−115,56 %	−174,49 %	−4 430,33 %
Current Ratio	0,37	0,19	0,35	0,22
Quick Ratio	0,53	0,23	0,45	0,24
Equity Ratio	0,34	0,41	0,38	0,47
Gross Profit Margin	59,92 %	34,63 %	−45,49 %	100 %