NORWEGIAN FISH FARMS TYDAL AS

7590 TYDAL

Finances

Share Ownership

Return on Equity

26,94 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2021	2020	2019
Revenue	1 803 000	1 481 000	31 000
Net Income	−1 577 000	−4 425 000	−3 295 000
Total Assets	4 565 000	3 544 000	2 925 000
Total Equity	−5 853 000	−4 276 000	149 000

Income (NOK)	2021	2020	2019
Revenue	1 803 000	1 481 000	31 000
Expenditure	2 449 000	5 493 000	3 342 000
Operating Profit	−647 000	−4 012 000	−3 311 000
Financial Income	−64 000	−27 000	0
Financial Costs	863 000	448 000	55 000
Financial Balance	−927 000	−475 000	−55 000
Earnings Before Tax	−1 574 000	−4 487 000	−3 366 000
Tax	3 000	−62 000	−71 000
Net Income	−1 577 000	−4 425 000	−3 295 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	2 630 000	3 311 000	2 252 000
Total Current Assets	1 934 000	233 000	673 000
Total Assets	4 565 000	3 544 000	2 925 000
Total Retained Equity	−9 812 000	−8 235 000	−3 810 000
Total Equity	−5 853 000	−4 276 000	149 000
Total Long-Term Debt	2 657 000	2 946 000	2 104 000
Total Current Debt	7 761 000	4 874 000	672 000
Total Equity and Debt	4 565 000	3 544 000	2 925 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 291 000	1 299 000	31 000
Other Income	512 000	183 000	0
Revenue	1 803 000	1 481 000	31 000
Cost of Goods Sold	−1 083 000	1 066 000	574 000
Salary Costs	1 332 000	1 809 000	1 299 000
Depreciation	680 000	405 000	213 000
Impairment	0	0	0
Expenditure	2 449 000	5 493 000	3 342 000
Operating Profit	−647 000	−4 012 000	−3 311 000
Financial Income	−64 000	−27 000	0
Financial Costs	863 000	448 000	55 000
Financial Balance	−927 000	−475 000	−55 000
Dividends	0	0	0
Net Income	−1 577 000	−4 425 000	−3 295 000

Balance details (NOK)	2021	2020	2019
Goodwill	1 021 000	1 371 000	1 546 000
Total Intangible Assets	1 021 000	1 371 000	1 546 000
Real Eastate	631 000	669 000	706 000
Machinery and Plant Facilities	0	0	0
Fixtures	978 000	1 271 000	0
Total Tangible Assets	1 609 000	1 940 000	706 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 630 000	3 311 000	2 252 000
Stock	1 798 000	0	0
Total Investments	0	0	0
Cash, Bank	0	53 000	170 000
Total Current Assets	1 934 000	233 000	673 000
Total Assets	4 565 000	3 544 000	2 925 000
Total Equity	−5 853 000	−4 276 000	149 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 657 000	2 946 000	2 104 000
Creditors	1 552 000	529 000	235 000
Unpaid Taxes	63 000	106 000	63 000
Dividends	0	0	0
Other Current Debt	309 000	163 000	445 000
Total Current Debt	7 761 000	4 874 000	672 000
Total Equity and Debt	4 565 000	3 544 000	2 925 000

Financial indicators	2021	2020	2019
Return on Equity	26,94 %	103,48 %	−2 211,41 %
Debt-to-Equity Ratio	−0,45	−0,69	14,12
Operating Profit Margin	−35,88 %	−270,9 %	−10 680,65 %
Current Ratio	0,25	0,05	1
Quick Ratio	0,32	0,05	1
Equity Ratio	−1,28	−1,21	0,05
Gross Profit Margin	160,07 %	28,02 %	−1 751,61 %