SMART SALMON GROUP AS

6770 NORDFJORDEID

Finances

Return on Equity

−14,22 %

Current Ratio

7,35

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	88 000	0
Net Income	−4 682 000	−5 416 000	−1 276 000	−176 000
Total Assets	48 019 000	43 519 000	3 203 000	795 000
Total Equity	32 927 000	37 582 000	1 710 000	647 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	88 000	0
Expenditure	5 436 000	5 476 000	1 365 000	166 000
Operating Profit	−5 385 000	−5 476 000	−1 277 000	−166 000
Financial Income	1 131 000	248 000	2 000	0
Financial Costs	428 000	188 000	0	10 000
Financial Balance	703 000	60 000	2 000	−10 000
Earnings Before Tax	−4 682 000	−5 416 000	−1 276 000	−176 000
Tax	0	0	0	0
Net Income	−4 682 000	−5 416 000	−1 276 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 184 000	27 196 000	2 853 000	90 000
Total Current Assets	14 835 000	16 323 000	349 000	705 000
Total Assets	48 019 000	43 519 000	3 203 000	795 000
Total Retained Equity	100 000	0	1 607 000	0
Total Equity	32 927 000	37 582 000	1 710 000	647 000
Total Long-Term Debt	13 073 000	4 813 000	152 000	0
Total Current Debt	2 019 000	1 123 000	1 341 000	148 000
Total Equity and Debt	48 019 000	43 519 000	3 203 000	795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	50 000	0
Other Income	0	0	38 000	0
Revenue	50 000	0	88 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 904 000	2 018 000	1 000	61 000
Depreciation	31 000	28 000	268 000	0
Impairment	0	0	0	0
Expenditure	5 436 000	5 476 000	1 365 000	166 000
Operating Profit	−5 385 000	−5 476 000	−1 277 000	−166 000
Financial Income	1 131 000	248 000	2 000	0
Financial Costs	428 000	188 000	0	10 000
Financial Balance	703 000	60 000	2 000	−10 000
Dividends	0	0	0	0
Net Income	−4 682 000	−5 416 000	−1 276 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 992 000	25 977 000	2 853 000	0
Real Eastate	1 151 000	1 151 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	68 000	0	0
Total Tangible Assets	1 192 000	1 219 000	0	0
Total Fiancial Fixed Assets	0	0	0	90 000
Total Fixed Assets	33 184 000	27 196 000	2 853 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 700 000	11 076 000	341 000	418 000
Total Current Assets	14 835 000	16 323 000	349 000	705 000
Total Assets	48 019 000	43 519 000	3 203 000	795 000
Total Equity	32 927 000	37 582 000	1 710 000	647 000
Short-Term Group Debt	0	0	0	142 000
Total Long-Term Debt	13 073 000	4 813 000	152 000	0
Creditors	1 105 000	538 000	9 000	0
Unpaid Taxes	169 000	156 000	0	0
Dividends	0	0	0	0
Other Current Debt	746 000	428 000	1 332 000	6 000
Total Current Debt	2 019 000	1 123 000	1 341 000	148 000
Total Equity and Debt	48 019 000	43 519 000	3 203 000	795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,22 %	−14,41 %	−74,62 %	−27,2 %
Debt-to-Equity Ratio	0,4	0,13	0,09	0
Operating Profit Margin	−10 770 %	-	−1 451,14 %	-
Current Ratio	7,35	14,54	0,26	4,76
Quick Ratio	7,35	14,54	0,26	4,76
Equity Ratio	0,69	0,86	0,53	0,81
Gross Profit Margin	100 %	-	100 %	-