NORWEGIAN FISH FARMS AS

7590 TYDAL

Finances

Return on Equity

93,86 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	−48 000	70 000	320 000	182 000
Net Income	−6 637 000	−73 000	−78 000	−37 000
Total Assets	56 000	3 961 000	3 972 000	3 964 000
Total Equity	−7 071 000	−434 000	−361 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	−48 000	70 000	320 000	182 000
Expenditure	277 000	136 000	384 000	219 000
Operating Profit	−325 000	−66 000	−64 000	−37 000
Financial Income	−5 000	−2 000	−9 000	0
Financial Costs	6 307 000	5 000	5 000	0
Financial Balance	−6 312 000	−7 000	−14 000	0
Earnings Before Tax	−6 637 000	−73 000	−78 000	−37 000
Tax	0	0	0	0
Net Income	−6 637 000	−73 000	−78 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 959 000	3 959 000	3 959 000
Total Current Assets	56 000	2 000	13 000	5 000
Total Assets	56 000	3 961 000	3 972 000	3 964 000
Total Retained Equity	−7 101 000	−464 000	−391 000	−313 000
Total Equity	−7 071 000	−434 000	−361 000	−283 000
Total Long-Term Debt	6 757 000	4 128 000	4 162 000	4 123 000
Total Current Debt	370 000	267 000	171 000	125 000
Total Equity and Debt	56 000	3 961 000	3 972 000	3 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	70 000	320 000	132 000
Other Income	−50 000	0	0	50 000
Revenue	−48 000	70 000	320 000	182 000
Cost of Goods Sold	0	0	0	0
Salary Costs	96 000	96 000	209 000	65 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	277 000	136 000	384 000	219 000
Operating Profit	−325 000	−66 000	−64 000	−37 000
Financial Income	−5 000	−2 000	−9 000	0
Financial Costs	6 307 000	5 000	5 000	0
Financial Balance	−6 312 000	−7 000	−14 000	0
Dividends	0	0	0	0
Net Income	−6 637 000	−73 000	−78 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	3 959 000	3 959 000	3 959 000
Total Fixed Assets	0	3 959 000	3 959 000	3 959 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	0	3 000	5 000
Total Current Assets	56 000	2 000	13 000	5 000
Total Assets	56 000	3 961 000	3 972 000	3 964 000
Total Equity	−7 071 000	−434 000	−361 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 757 000	4 128 000	4 162 000	4 123 000
Creditors	185 000	47 000	48 000	113 000
Unpaid Taxes	12 000	12 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	173 000	208 000	123 000	11 000
Total Current Debt	370 000	267 000	171 000	125 000
Total Equity and Debt	56 000	3 961 000	3 972 000	3 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,86 %	16,82 %	21,61 %	13,07 %
Debt-to-Equity Ratio	−0,96	−9,51	−11,53	−14,57
Operating Profit Margin	677,08 %	−94,29 %	−20 %	−20,33 %
Current Ratio	0,15	0,01	0,08	0,04
Quick Ratio	0,15	0,01	0,08	0,04
Equity Ratio	−126,27	−0,11	−0,09	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %