BIOFISH AQUAFARM AS

5179 GODVIK

Finances

Return on Equity

67,35 %

Current Ratio

1,5

Debt-to-Equity Ratio

7,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 400 000	2 400 000	0	0
Net Income	361 000	166 000	−20 000	0
Total Assets	6 501 000	7 387 000	30 000	30 000
Total Equity	536 000	176 000	10 000	30 000

Income (NOK)	2022	2021	2020
Revenue	2 400 000	2 400 000	0
Expenditure	1 578 000	2 024 000	0
Operating Profit	822 000	376 000	0
Financial Income	0	0	0
Financial Costs	359 000	168 000	20 000
Financial Balance	−359 000	−168 000	−20 000
Earnings Before Tax	462 000	207 000	−20 000
Tax	102 000	41 000	0
Net Income	361 000	166 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 841 000	3 339 000	0	0
Total Current Assets	2 660 000	4 048 000	30 000	30 000
Total Assets	6 501 000	7 387 000	30 000	30 000
Total Retained Equity	506 000	146 000	−20 000	0
Total Equity	536 000	176 000	10 000	30 000
Total Long-Term Debt	4 193 000	4 850 000	0	0
Total Current Debt	1 772 000	2 361 000	20 000	0
Total Equity and Debt	6 501 000	7 387 000	30 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	2 400 000	2 400 000	0
Revenue	2 400 000	2 400 000	0
Cost of Goods Sold	1 550 000	1 700 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 578 000	2 024 000	0
Operating Profit	822 000	376 000	0
Financial Income	0	0	0
Financial Costs	359 000	168 000	20 000
Financial Balance	−359 000	−168 000	−20 000
Dividends	0	0	0
Net Income	361 000	166 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 089 000	3 089 000	0	0
Machinery and Plant Facilities	200 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 289 000	3 089 000	0	0
Total Fiancial Fixed Assets	552 000	250 000	0	0
Total Fixed Assets	3 841 000	3 339 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	3 448 000	30 000	30 000
Total Current Assets	2 660 000	4 048 000	30 000	30 000
Total Assets	6 501 000	7 387 000	30 000	30 000
Total Equity	536 000	176 000	10 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 193 000	4 850 000	0	0
Creditors	1 550 000	2 125 000	0	0
Unpaid Taxes	100 000	175 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	20 000	20 000	0
Total Current Debt	1 772 000	2 361 000	20 000	0
Total Equity and Debt	6 501 000	7 387 000	30 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,35 %	94,32 %	−200 %	0 %
Debt-to-Equity Ratio	7,82	27,56	0	0
Operating Profit Margin	34,25 %	15,67 %	-	-
Current Ratio	1,5	1,71	1,5	-
Quick Ratio	1,5	1,71	1,5	-
Equity Ratio	0,08	0,02	0,33	1
Gross Profit Margin	35,42 %	29,17 %	-	-