ECOFISK NORWAY AS

5560 NEDSTRAND

Finances

Return on Equity

−29,24 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	859 000	500 000
Net Income	−6 035 000	−10 195 000	−10 203 000	−2 627 000
Total Assets	37 305 000	33 117 000	39 367 000	3 131 000
Total Equity	20 637 000	26 671 000	36 319 000	2 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	859 000	500 000
Expenditure	6 032 000	10 126 000	10 344 000	3 868 000
Operating Profit	−6 033 000	−10 126 000	−9 485 000	−3 368 000
Financial Income	0	36 000	53 000	1 000
Financial Costs	2 000	104 000	19 000	0
Financial Balance	−2 000	−68 000	34 000	1 000
Earnings Before Tax	−6 035 000	−10 195 000	−9 451 000	−3 368 000
Tax	0	0	752 000	−741 000
Net Income	−6 035 000	−10 195 000	−10 203 000	−2 627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 546 000	27 373 000	6 598 000	972 000
Total Current Assets	1 759 000	5 745 000	32 769 000	2 159 000
Total Assets	37 305 000	33 117 000	39 367 000	3 131 000
Total Retained Equity	0	0	0	0
Total Equity	20 637 000	26 671 000	36 319 000	2 742 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 669 000	6 446 000	3 048 000	389 000
Total Equity and Debt	37 305 000	33 117 000	39 367 000	3 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	859 000	500 000
Other Income	0	0	0	0
Revenue	0	0	859 000	500 000
Cost of Goods Sold	0	0	2 402 000	2 388 000
Salary Costs	3 374 000	5 039 000	2 445 000	0
Depreciation	18 000	10 000	7 000	0
Impairment	0	0	0	0
Expenditure	6 032 000	10 126 000	10 344 000	3 868 000
Operating Profit	−6 033 000	−10 126 000	−9 485 000	−3 368 000
Financial Income	0	36 000	53 000	1 000
Financial Costs	2 000	104 000	19 000	0
Financial Balance	−2 000	−68 000	34 000	1 000
Dividends	0	0	0	0
Net Income	−6 035 000	−10 195 000	−10 203 000	−2 627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 319 000	31 000	40 000	752 000
Real Eastate	30 955 000	26 910 000	6 307 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 955 000	26 910 000	6 307 000	0
Total Fiancial Fixed Assets	272 000	431 000	250 000	220 000
Total Fixed Assets	35 546 000	27 373 000	6 598 000	972 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 705 000	5 687 000	32 592 000	1 461 000
Total Current Assets	1 759 000	5 745 000	32 769 000	2 159 000
Total Assets	37 305 000	33 117 000	39 367 000	3 131 000
Total Equity	20 637 000	26 671 000	36 319 000	2 742 000
Short-Term Group Debt	2 918 000	27 000	18 000	0
Total Long-Term Debt	0	0	0	0
Creditors	925 000	2 665 000	2 090 000	389 000
Unpaid Taxes	323 000	116 000	744 000	0
Dividends	0	0	0	0
Other Current Debt	12 503 000	3 638 000	196 000	0
Total Current Debt	16 669 000	6 446 000	3 048 000	389 000
Total Equity and Debt	37 305 000	33 117 000	39 367 000	3 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,24 %	−38,23 %	−28,09 %	−95,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−1 104,19 %	−673,6 %
Current Ratio	0,11	0,89	10,75	5,55
Quick Ratio	0,11	0,89	10,75	5,55
Equity Ratio	0,55	0,81	0,92	0,88
Gross Profit Margin	-	-	−179,63 %	−377,6 %