SEAFOOD OF NORWAY AS

9620 KVALSUND

Finances

Share Ownership

Return on Equity

14,27 %

Current Ratio

8,94

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	657 000	1 339 000	510 000	5 373 000
Net Income	−132 000	2 000	−786 000	1 119 000
Total Assets	778 000	807 000	746 000	1 794 000
Total Equity	−925 000	−793 000	−795 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	657 000	1 339 000	510 000	5 373 000
Expenditure	779 000	1 329 000	1 377 000	4 225 000
Operating Profit	−122 000	10 000	−867 000	1 148 000
Financial Income	0	0	133 000	−27 000
Financial Costs	9 000	8 000	52 000	3 000
Financial Balance	−9 000	−8 000	81 000	−30 000
Earnings Before Tax	−132 000	2 000	−786 000	1 119 000
Tax	0	0	0	0
Net Income	−132 000	2 000	−786 000	1 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	5 000	17 000
Total Current Assets	778 000	806 000	741 000	1 777 000
Total Assets	778 000	807 000	746 000	1 794 000
Total Retained Equity	−955 000	−823 000	−825 000	−39 000
Total Equity	−925 000	−793 000	−795 000	−9 000
Total Long-Term Debt	1 615 000	1 615 000	1 453 000	1 927 000
Total Current Debt	87 000	−15 000	88 000	−124 000
Total Equity and Debt	778 000	807 000	746 000	1 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	657 000	1 339 000	510 000	5 373 000
Other Income	0	0	0	0
Revenue	657 000	1 339 000	510 000	5 373 000
Cost of Goods Sold	655 000	1 193 000	1 189 000	4 143 000
Salary Costs	0	0	0	0
Depreciation	1 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	779 000	1 329 000	1 377 000	4 225 000
Operating Profit	−122 000	10 000	−867 000	1 148 000
Financial Income	0	0	133 000	−27 000
Financial Costs	9 000	8 000	52 000	3 000
Financial Balance	−9 000	−8 000	81 000	−30 000
Dividends	0	0	0	0
Net Income	−132 000	2 000	−786 000	1 119 000

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	0	0	0	0
Fixtures	0	1 000	5 000	9 000
Total Tangible Assets	0	1 000	5 000	9 000
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	0	1 000	5 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	45 000	230 000	384 000
Total Current Assets	778 000	806 000	741 000	1 777 000
Total Assets	778 000	807 000	746 000	1 794 000
Total Equity	−925 000	−793 000	−795 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 615 000	1 615 000	1 453 000	1 927 000
Creditors	−4 000	−15 000	88 000	−142 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	90 000	0	0	17 000
Total Current Debt	87 000	−15 000	88 000	−124 000
Total Equity and Debt	778 000	807 000	746 000	1 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,27 %	−0,25 %	98,87 %	−12 433,33 %
Debt-to-Equity Ratio	−1,75	−2,04	−1,83	−214,11
Operating Profit Margin	−18,57 %	0,75 %	−170 %	21,37 %
Current Ratio	8,94	−53,73	8,42	−14,33
Quick Ratio	8,94	−53,73	8,42	−14,33
Equity Ratio	−1,19	−0,98	−1,07	−0,01
Gross Profit Margin	0,3 %	10,9 %	−133,14 %	22,89 %