HITRA SALMON AS

7250 MELANDSJØ

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 799 000	1 416 000	687 000	1 329 000
Net Income	−162 000	286 000	−521 000	−470 000
Total Assets	764 000	943 000	684 000	889 000
Total Equity	−810 000	351 000	65 000	586 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 799 000	1 416 000	687 000	1 329 000
Expenditure	1 942 000	1 114 000	1 193 000	1 777 000
Operating Profit	−143 000	302 000	−506 000	−450 000
Financial Income	1 000	2 000	8 000	1 000
Financial Costs	20 000	18 000	26 000	25 000
Financial Balance	−19 000	−16 000	−18 000	−24 000
Earnings Before Tax	−162 000	286 000	−524 000	−474 000
Tax	0	0	−2 000	−3 000
Net Income	−162 000	286 000	−521 000	−470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	436 000	492 000	549 000	605 000
Total Current Assets	328 000	450 000	135 000	284 000
Total Assets	764 000	943 000	684 000	889 000
Total Retained Equity	−840 000	−679 000	−965 000	−444 000
Total Equity	−810 000	351 000	65 000	586 000
Total Long-Term Debt	205 000	222 000	243 000	43 000
Total Current Debt	1 370 000	369 000	376 000	259 000
Total Equity and Debt	764 000	943 000	684 000	889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 670 000	1 256 000	687 000	1 338 000
Other Income	129 000	160 000	0	−9 000
Revenue	1 799 000	1 416 000	687 000	1 329 000
Cost of Goods Sold	878 000	459 000	355 000	746 000
Salary Costs	484 000	251 000	335 000	441 000
Depreciation	56 000	56 000	56 000	37 000
Impairment	0	0	0	0
Expenditure	1 942 000	1 114 000	1 193 000	1 777 000
Operating Profit	−143 000	302 000	−506 000	−450 000
Financial Income	1 000	2 000	8 000	1 000
Financial Costs	20 000	18 000	26 000	25 000
Financial Balance	−19 000	−16 000	−18 000	−24 000
Dividends	0	0	0	0
Net Income	−162 000	286 000	−521 000	−470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	414 000	450 000	486 000	523 000
Machinery and Plant Facilities	6 000	13 000	20 000	27 000
Fixtures	16 000	29 000	42 000	56 000
Total Tangible Assets	436 000	492 000	549 000	605 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	436 000	492 000	549 000	605 000
Stock	74 000	54 000	49 000	76 000
Total Investments	0	0	0	0
Cash, Bank	188 000	330 000	42 000	167 000
Total Current Assets	328 000	450 000	135 000	284 000
Total Assets	764 000	943 000	684 000	889 000
Total Equity	−810 000	351 000	65 000	586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	205 000	222 000	243 000	43 000
Creditors	52 000	61 000	78 000	−4 000
Unpaid Taxes	19 000	15 000	16 000	−13 000
Dividends	0	0	0	0
Other Current Debt	1 298 000	293 000	282 000	277 000
Total Current Debt	1 370 000	369 000	376 000	259 000
Total Equity and Debt	764 000	943 000	684 000	889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	81,48 %	−801,54 %	−80,2 %
Debt-to-Equity Ratio	−0,25	0,63	3,74	0,07
Operating Profit Margin	−7,95 %	21,33 %	−73,65 %	−33,86 %
Current Ratio	0,24	1,22	0,36	1,1
Quick Ratio	0,25	1,43	0,41	1,55
Equity Ratio	−1,06	0,37	0,1	0,66
Gross Profit Margin	51,2 %	67,58 %	48,33 %	43,87 %