FIRST SEAFOOD AS

1081 OSLO

Finances

Return on Equity

−2 %

Current Ratio

1,06

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 809 000	248 640 000	198 606 000	215 390 000
Net Income	−963 000	7 235 000	1 658 000	618 000
Total Assets	272 995 000	111 659 000	45 103 000	58 516 000
Total Equity	48 037 000	32 000 000	14 772 000	13 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 809 000	248 640 000	198 606 000	215 390 000
Expenditure	554 216 000	239 529 000	194 618 000	211 990 000
Operating Profit	1 593 000	9 112 000	3 987 000	3 400 000
Financial Income	9 892 000	4 419 000	4 057 000	3 518 000
Financial Costs	12 688 000	4 414 000	6 063 000	6 303 000
Financial Balance	−2 796 000	5 000	−2 006 000	−2 785 000
Earnings Before Tax	−1 202 000	9 116 000	1 981 000	615 000
Tax	−240 000	1 881 000	324 000	−3 000
Net Income	−963 000	7 235 000	1 658 000	618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 586 000	21 217 000	1 258 000	1 691 000
Total Current Assets	179 409 000	90 442 000	43 845 000	56 825 000
Total Assets	272 995 000	111 659 000	45 103 000	58 516 000
Total Retained Equity	9 864 000	10 827 000	9 591 000	9 402 000
Total Equity	48 037 000	32 000 000	14 772 000	13 114 000
Total Long-Term Debt	55 877 000	17 182 000	0	0
Total Current Debt	169 080 000	62 476 000	30 332 000	45 402 000
Total Equity and Debt	272 995 000	111 659 000	45 103 000	58 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 809 000	248 640 000	198 606 000	215 390 000
Other Income	0	0	0	0
Revenue	555 809 000	248 640 000	198 606 000	215 390 000
Cost of Goods Sold	519 967 000	227 074 000	185 663 000	200 665 000
Salary Costs	14 483 000	7 237 000	4 856 000	5 284 000
Depreciation	2 395 000	337 000	368 000	473 000
Impairment	0	0	0	0
Expenditure	554 216 000	239 529 000	194 618 000	211 990 000
Operating Profit	1 593 000	9 112 000	3 987 000	3 400 000
Financial Income	9 892 000	4 419 000	4 057 000	3 518 000
Financial Costs	12 688 000	4 414 000	6 063 000	6 303 000
Financial Balance	−2 796 000	5 000	−2 006 000	−2 785 000
Dividends	0	0	0	0
Net Income	−963 000	7 235 000	1 658 000	618 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 791 000	128 000	318 000	247 000
Real Eastate	23 569 000	0	0	0
Machinery and Plant Facilities	58 860 000	20 215 000	85 000	312 000
Fixtures	525 000	173 000	314 000	590 000
Total Tangible Assets	89 733 000	20 388 000	399 000	902 000
Total Fiancial Fixed Assets	1 062 000	701 000	542 000	542 000
Total Fixed Assets	93 586 000	21 217 000	1 258 000	1 691 000
Stock	56 924 000	39 086 000	15 278 000	24 232 000
Total Investments	0	0	0	0
Cash, Bank	1 289 000	882 000	401 000	780 000
Total Current Assets	179 409 000	90 442 000	43 845 000	56 825 000
Total Assets	272 995 000	111 659 000	45 103 000	58 516 000
Total Equity	48 037 000	32 000 000	14 772 000	13 114 000
Short-Term Group Debt	46 061 000	22 216 000	7 174 000	17 028 000
Total Long-Term Debt	55 877 000	17 182 000	0	0
Creditors	70 683 000	19 763 000	6 327 000	10 956 000
Unpaid Taxes	1 806 000	614 000	395 000	366 000
Dividends	0	0	0	0
Other Current Debt	50 530 000	19 884 000	16 436 000	17 053 000
Total Current Debt	169 080 000	62 476 000	30 332 000	45 402 000
Total Equity and Debt	272 995 000	111 659 000	45 103 000	58 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 %	22,61 %	11,22 %	4,71 %
Debt-to-Equity Ratio	1,16	0,54	0	0
Operating Profit Margin	0,29 %	3,66 %	2,01 %	1,58 %
Current Ratio	1,06	1,45	1,45	1,25
Quick Ratio	1,6	3,87	2,91	2,68
Equity Ratio	0,18	0,29	0,33	0,22
Gross Profit Margin	6,45 %	8,67 %	6,52 %	6,84 %