COD SEAFRESH AS

8064 RØST

Finances

Return on Equity

−197,78 %

Current Ratio

0,1

Debt-to-Equity Ratio

2,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 740 000	1 740 000	248 000	1 667 000
Net Income	−2 943 000	−2 451 000	−1 537 000	−540 000
Total Assets	19 607 000	10 790 000	8 246 000	9 095 000
Total Equity	1 488 000	4 431 000	2 861 000	1 399 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 740 000	1 740 000	248 000	1 667 000
Expenditure	5 421 000	3 952 000	1 440 000	1 933 000
Operating Profit	−2 681 000	−2 212 000	−1 192 000	−266 000
Financial Income	10 000	10 000	9 000	0
Financial Costs	271 000	249 000	354 000	275 000
Financial Balance	−261 000	−239 000	−345 000	−275 000
Earnings Before Tax	−2 943 000	−2 451 000	−1 537 000	−540 000
Tax	0	0	0	0
Net Income	−2 943 000	−2 451 000	−1 537 000	−540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 276 000	7 804 000	7 942 000	8 492 000
Total Current Assets	1 331 000	2 986 000	304 000	603 000
Total Assets	19 607 000	10 790 000	8 246 000	9 095 000
Total Retained Equity	−5 652 000	−2 709 000	−259 000	1 279 000
Total Equity	1 488 000	4 431 000	2 861 000	1 399 000
Total Long-Term Debt	4 146 000	4 900 000	4 900 000	5 075 000
Total Current Debt	13 973 000	1 460 000	484 000	2 622 000
Total Equity and Debt	19 607 000	10 790 000	8 246 000	9 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	940 000	640 000	23 000	1 667 000
Other Income	1 800 000	1 100 000	225 000	0
Revenue	2 740 000	1 740 000	248 000	1 667 000
Cost of Goods Sold	0	0	0	17 000
Salary Costs	864 000	1 353 000	78 000	0
Depreciation	495 000	490 000	489 000	316 000
Impairment	0	0	0	0
Expenditure	5 421 000	3 952 000	1 440 000	1 933 000
Operating Profit	−2 681 000	−2 212 000	−1 192 000	−266 000
Financial Income	10 000	10 000	9 000	0
Financial Costs	271 000	249 000	354 000	275 000
Financial Balance	−261 000	−239 000	−345 000	−275 000
Dividends	0	0	0	0
Net Income	−2 943 000	−2 451 000	−1 537 000	−540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 177 000	6 943 000	7 342 000	7 702 000
Fixtures	23 000	199 000	290 000	381 000
Total Tangible Assets	7 200 000	7 142 000	7 632 000	8 084 000
Total Fiancial Fixed Assets	11 077 000	662 000	310 000	408 000
Total Fixed Assets	18 276 000	7 804 000	7 942 000	8 492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	337 000	193 000	546 000
Total Current Assets	1 331 000	2 986 000	304 000	603 000
Total Assets	19 607 000	10 790 000	8 246 000	9 095 000
Total Equity	1 488 000	4 431 000	2 861 000	1 399 000
Short-Term Group Debt	5 188 000	226 000	159 000	2 535 000
Total Long-Term Debt	4 146 000	4 900 000	4 900 000	5 075 000
Creditors	1 033 000	542 000	266 000	57 000
Unpaid Taxes	45 000	92 000	26 000	0
Dividends	0	0	0	0
Other Current Debt	7 708 000	600 000	34 000	30 000
Total Current Debt	13 973 000	1 460 000	484 000	2 622 000
Total Equity and Debt	19 607 000	10 790 000	8 246 000	9 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−197,78 %	−55,31 %	−53,72 %	−38,6 %
Debt-to-Equity Ratio	2,79	1,11	1,71	3,63
Operating Profit Margin	−97,85 %	−127,13 %	−480,65 %	−15,96 %
Current Ratio	0,1	2,05	0,63	0,23
Quick Ratio	0,1	2,05	0,63	0,23
Equity Ratio	0,08	0,41	0,35	0,15
Gross Profit Margin	100 %	100 %	100 %	98,98 %