FISHENCY INNOVATION AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

−167,28 %

Current Ratio

0,5

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 242 000	118 000	146 000	83 000
Net Income	−11 629 000	−4 565 000	−1 567 000	−2 726 000
Total Assets	16 272 000	14 566 000	7 358 000	2 384 000
Total Equity	6 952 000	10 530 000	4 095 000	−1 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 242 000	118 000	146 000	83 000
Expenditure	12 507 000	4 630 000	1 714 000	2 790 000
Operating Profit	−11 264 000	−4 512 000	−1 568 000	−2 707 000
Financial Income	8 000	10 000	34 000	3 000
Financial Costs	373 000	63 000	34 000	22 000
Financial Balance	−365 000	−53 000	0	−19 000
Earnings Before Tax	−11 629 000	−4 565 000	−1 567 000	−2 726 000
Tax	0	0	0	0
Net Income	−11 629 000	−4 565 000	−1 567 000	−2 726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 587 000	8 714 000	3 383 000	0
Total Current Assets	3 685 000	5 853 000	3 975 000	2 384 000
Total Assets	16 272 000	14 566 000	7 358 000	2 384 000
Total Retained Equity	0	0	−6 292 000	−4 724 000
Total Equity	6 952 000	10 530 000	4 095 000	−1 898 000
Total Long-Term Debt	1 950 000	2 415 000	2 400 000	1 500 000
Total Current Debt	7 371 000	1 621 000	863 000	2 782 000
Total Equity and Debt	16 272 000	14 566 000	7 358 000	2 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 242 000	43 000	146 000	83 000
Other Income	0	75 000	0	0
Revenue	1 242 000	118 000	146 000	83 000
Cost of Goods Sold	572 000	0	0	558 000
Salary Costs	4 700 000	2 536 000	1 265 000	1 073 000
Depreciation	1 190 000	70 000	7 000	0
Impairment	0	0	0	0
Expenditure	12 507 000	4 630 000	1 714 000	2 790 000
Operating Profit	−11 264 000	−4 512 000	−1 568 000	−2 707 000
Financial Income	8 000	10 000	34 000	3 000
Financial Costs	373 000	63 000	34 000	22 000
Financial Balance	−365 000	−53 000	0	−19 000
Dividends	0	0	0	0
Net Income	−11 629 000	−4 565 000	−1 567 000	−2 726 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 778 000	6 076 000	3 327 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 667 000	2 591 000	0	0
Fixtures	142 000	47 000	56 000	0
Total Tangible Assets	4 809 000	2 638 000	56 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 587 000	8 714 000	3 383 000	0
Stock	1 599 000	853 000	43 000	0
Total Investments	0	0	0	0
Cash, Bank	532 000	4 582 000	3 089 000	1 531 000
Total Current Assets	3 685 000	5 853 000	3 975 000	2 384 000
Total Assets	16 272 000	14 566 000	7 358 000	2 384 000
Total Equity	6 952 000	10 530 000	4 095 000	−1 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 950 000	2 415 000	2 400 000	1 500 000
Creditors	1 480 000	989 000	274 000	144 000
Unpaid Taxes	429 000	306 000	320 000	135 000
Dividends	0	0	0	0
Other Current Debt	1 389 000	326 000	268 000	661 000
Total Current Debt	7 371 000	1 621 000	863 000	2 782 000
Total Equity and Debt	16 272 000	14 566 000	7 358 000	2 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−167,28 %	−43,35 %	−38,27 %	143,62 %
Debt-to-Equity Ratio	0,28	0,23	0,59	−0,79
Operating Profit Margin	−906,92 %	−3 823,73 %	−1 073,97 %	−3 261,45 %
Current Ratio	0,5	3,61	4,61	0,86
Quick Ratio	0,64	7,62	4,85	0,86
Equity Ratio	0,43	0,72	0,56	−0,8
Gross Profit Margin	53,95 %	100 %	100 %	−572,29 %