FISHFARMING INNOVATION AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

−7,11 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−291 000	−361 000	−458 000	−3 614 000
Total Assets	4 093 000	4 623 000	3 324 000	7 250 000
Total Equity	4 093 000	4 384 000	−1 448 000	−990 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	389 000	453 000	72 000	3 854 000
Operating Profit	−389 000	−452 000	−72 000	−3 854 000
Financial Income	21 000	9 000	3 000	1 000
Financial Costs	6 000	17 000	518 000	781 000
Financial Balance	15 000	−8 000	−515 000	−780 000
Earnings Before Tax	−373 000	−460 000	−587 000	−4 634 000
Tax	−82 000	−99 000	−129 000	−1 019 000
Net Income	−291 000	−361 000	−458 000	−3 614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 955 000	2 873 000	2 774 000	2 645 000
Total Current Assets	1 137 000	1 750 000	549 000	4 605 000
Total Assets	4 093 000	4 623 000	3 324 000	7 250 000
Total Retained Equity	0	0	−1 508 000	−6 661 000
Total Equity	4 093 000	4 384 000	−1 448 000	−990 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	239 000	4 772 000	8 241 000
Total Equity and Debt	4 093 000	4 623 000	3 324 000	7 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	308 000	379 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	3 813 000
Expenditure	389 000	453 000	72 000	3 854 000
Operating Profit	−389 000	−452 000	−72 000	−3 854 000
Financial Income	21 000	9 000	3 000	1 000
Financial Costs	6 000	17 000	518 000	781 000
Financial Balance	15 000	−8 000	−515 000	−780 000
Dividends	0	0	0	0
Net Income	−291 000	−361 000	−458 000	−3 614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 955 000	2 873 000	2 774 000	2 645 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 955 000	2 873 000	2 774 000	2 645 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 137 000	1 750 000	549 000	619 000
Total Current Assets	1 137 000	1 750 000	549 000	4 605 000
Total Assets	4 093 000	4 623 000	3 324 000	7 250 000
Total Equity	4 093 000	4 384 000	−1 448 000	−990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	239 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	4 772 000	8 241 000
Total Current Debt	0	239 000	4 772 000	8 241 000
Total Equity and Debt	4 093 000	4 623 000	3 324 000	7 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,11 %	−8,23 %	31,63 %	365,05 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	-	7,32	0,12	0,56
Quick Ratio	-	7,32	0,12	0,56
Equity Ratio	1	0,95	−0,44	−0,14
Gross Profit Margin	-	-	-	-