SALMON EVOLUTION NORWAY AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

−3,16 %

Current Ratio

0,93

Debt-to-Equity Ratio

6,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 609 000	286 000	704 000	−175 000
Net Income	−7 475 000	−28 646 000	−17 076 000	−10 239 000
Total Assets	1 944 320 000	1 232 967 000	374 307 000	49 896 000
Total Equity	236 325 000	242 380 000	270 537 000	38 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 609 000	286 000	704 000	−175 000
Expenditure	96 267 000	28 137 000	18 361 000	10 684 000
Operating Profit	−34 797 000	−27 851 000	−17 657 000	−10 858 000
Financial Income	39 845 000	5 593 000	720 000	622 000
Financial Costs	12 523 000	6 388 000	139 000	3 000
Financial Balance	27 322 000	−795 000	581 000	619 000
Earnings Before Tax	−7 475 000	−28 646 000	−17 076 000	−10 239 000
Tax	0	0	0	0
Net Income	−7 475 000	−28 646 000	−17 076 000	−10 239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 772 786 000	986 854 000	222 367 000	25 898 000
Total Current Assets	171 534 000	246 113 000	151 940 000	23 998 000
Total Assets	1 944 320 000	1 232 967 000	374 307 000	49 896 000
Total Retained Equity	−79 640 000	−72 166 000	−43 520 000	−12 551 000
Total Equity	236 325 000	242 380 000	270 537 000	38 449 000
Total Long-Term Debt	1 524 435 000	821 953 000	933 000	1 500 000
Total Current Debt	183 561 000	168 635 000	102 837 000	9 947 000
Total Equity and Debt	1 944 321 000	1 232 968 000	374 307 000	49 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 123 000	264 000	704 000	−175 000
Other Income	486 000	22 000	0	0
Revenue	25 609 000	286 000	704 000	−175 000
Cost of Goods Sold	41 403 000	220 000	0	0
Salary Costs	27 352 000	7 542 000	8 877 000	2 759 000
Depreciation	2 659 000	1 577 000	550 000	99 000
Impairment	0	0	0	0
Expenditure	96 267 000	28 137 000	18 361 000	10 684 000
Operating Profit	−34 797 000	−27 851 000	−17 657 000	−10 858 000
Financial Income	39 845 000	5 593 000	720 000	622 000
Financial Costs	12 523 000	6 388 000	139 000	3 000
Financial Balance	27 322 000	−795 000	581 000	619 000
Dividends	0	0	0	0
Net Income	−7 475 000	−28 646 000	−17 076 000	−10 239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 754 000	1 754 000	432 000	0
Real Eastate	1 767 872 000	981 894 000	219 926 000	25 546 000
Machinery and Plant Facilities	0	1 310 000	0	0
Fixtures	3 160 000	1 896 000	2 009 000	352 000
Total Tangible Assets	1 771 032 000	985 100 000	221 935 000	25 898 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 772 786 000	986 854 000	222 367 000	25 898 000
Stock	47 601 000	0	0	0
Total Investments	25 622 000	0	0	0
Cash, Bank	19 091 000	140 964 000	127 561 000	21 124 000
Total Current Assets	171 534 000	246 113 000	151 940 000	23 998 000
Total Assets	1 944 320 000	1 232 967 000	374 307 000	49 896 000
Total Equity	236 325 000	242 380 000	270 537 000	38 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 524 435 000	821 953 000	933 000	1 500 000
Creditors	143 913 000	161 980 000	59 506 000	8 401 000
Unpaid Taxes	1 924 000	1 818 000	1 144 000	799 000
Dividends	0	0	0	0
Other Current Debt	7 391 000	4 837 000	2 187 000	747 000
Total Current Debt	183 561 000	168 635 000	102 837 000	9 947 000
Total Equity and Debt	1 944 321 000	1 232 968 000	374 307 000	49 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,16 %	−11,82 %	−6,31 %	−26,63 %
Debt-to-Equity Ratio	6,45	3,39	0	0,04
Operating Profit Margin	−135,88 %	−9 738,11 %	−2 508,1 %	6 204,57 %
Current Ratio	0,93	1,46	1,48	2,41
Quick Ratio	1,26	1,46	1,48	2,41
Equity Ratio	0,12	0,2	0,72	0,77
Gross Profit Margin	−61,67 %	23,08 %	100 %	100 %