SEAFOODNORWAY AS

3154 TOLVSRØD

Finances

Return on Equity

46,62 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	470 000	358 000	1 995 000	511 000
Net Income	269 000	83 000	−34 000	84 000
Total Assets	1 300 000	945 000	848 000	919 000
Total Equity	577 000	307 000	224 000	258 000

Income (NOK)	2022	2021	2020	2019
Revenue	470 000	358 000	1 995 000	511 000
Expenditure	160 000	258 000	2 025 000	406 000
Operating Profit	310 000	100 000	−29 000	113 000
Financial Income	0	0	2 000	0
Financial Costs	0	3 000	7 000	16 000
Financial Balance	0	−3 000	−5 000	−16 000
Earnings Before Tax	310 000	97 000	−34 000	98 000
Tax	41 000	14 000	0	14 000
Net Income	269 000	83 000	−34 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 000	605 000	593 000	607 000
Total Current Assets	398 000	339 000	255 000	312 000
Total Assets	1 300 000	945 000	848 000	919 000
Total Retained Equity	367 000	97 000	14 000	48 000
Total Equity	577 000	307 000	224 000	258 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	723 000	637 000	624 000	660 000
Total Equity and Debt	1 300 000	945 000	848 000	919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	470 000	358 000	1 995 000	511 000
Other Income	0	0	0	1 000
Revenue	470 000	358 000	1 995 000	511 000
Cost of Goods Sold	−34 000	35 000	1 617 000	−133 000
Salary Costs	0	0	266 000	379 000
Depreciation	119 000	0	14 000	0
Impairment	0	0	0	0
Expenditure	160 000	258 000	2 025 000	406 000
Operating Profit	310 000	100 000	−29 000	113 000
Financial Income	0	0	2 000	0
Financial Costs	0	3 000	7 000	16 000
Financial Balance	0	−3 000	−5 000	−16 000
Dividends	0	0	0	0
Net Income	269 000	83 000	−34 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	431 000	539 000	539 000	539 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	54 000	54 000	68 000
Total Tangible Assets	44 000	54 000	54 000	68 000
Total Fiancial Fixed Assets	427 000	12 000	0	0
Total Fixed Assets	902 000	605 000	593 000	607 000
Stock	0	0	8 000	8 000
Total Investments	0	0	0	0
Cash, Bank	5 000	15 000	22 000	152 000
Total Current Assets	398 000	339 000	255 000	312 000
Total Assets	1 300 000	945 000	848 000	919 000
Total Equity	577 000	307 000	224 000	258 000
Short-Term Group Debt	392 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	134 000	343 000	209 000	230 000
Unpaid Taxes	9 000	14 000	84 000	121 000
Dividends	0	0	0	0
Other Current Debt	162 000	295 000	345 000	296 000
Total Current Debt	723 000	637 000	624 000	660 000
Total Equity and Debt	1 300 000	945 000	848 000	919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,62 %	27,04 %	−15,18 %	32,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,96 %	27,93 %	−1,45 %	22,11 %
Current Ratio	0,55	0,53	0,41	0,47
Quick Ratio	0,55	0,53	0,41	0,48
Equity Ratio	0,44	0,32	0,26	0,28
Gross Profit Margin	107,23 %	90,22 %	18,95 %	126,03 %