LANGØYSUND KYSTFISKE AS

6533 AVERØY

Finances

Share Ownership

Return on Equity

3,78 %

Current Ratio

0,96

Debt-to-Equity Ratio

−45,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 692 000	2 400 000	1 203 000	924 000
Net Income	−9 000	−519 000	−542 000	−267 000
Total Assets	10 960 000	12 636 000	2 850 000	3 058 000
Total Equity	−238 000	−229 000	−209 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 692 000	2 400 000	1 203 000	924 000
Expenditure	4 259 000	2 591 000	1 607 000	1 089 000
Operating Profit	433 000	−191 000	−405 000	−165 000
Financial Income	14 000	10 000	3 000	0
Financial Costs	455 000	338 000	140 000	102 000
Financial Balance	−441 000	−328 000	−137 000	−102 000
Earnings Before Tax	−9 000	−519 000	−542 000	−267 000
Tax	0	0	0	0
Net Income	−9 000	−519 000	−542 000	−267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 566 000	11 837 000	2 282 000	2 456 000
Total Current Assets	394 000	799 000	568 000	601 000
Total Assets	10 960 000	12 636 000	2 850 000	3 058 000
Total Retained Equity	−1 338 000	−1 329 000	−809 000	−267 000
Total Equity	−238 000	−229 000	−209 000	33 000
Total Long-Term Debt	10 785 000	12 644 000	2 925 000	2 942 000
Total Current Debt	412 000	220 000	134 000	83 000
Total Equity and Debt	10 960 000	12 636 000	2 850 000	3 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 383 000	1 663 000	854 000	565 000
Other Income	309 000	737 000	349 000	359 000
Revenue	4 692 000	2 400 000	1 203 000	924 000
Cost of Goods Sold	64 000	0	111 000	178 000
Salary Costs	1 868 000	680 000	370 000	158 000
Depreciation	449 000	283 000	175 000	113 000
Impairment	0	0	0	0
Expenditure	4 259 000	2 591 000	1 607 000	1 089 000
Operating Profit	433 000	−191 000	−405 000	−165 000
Financial Income	14 000	10 000	3 000	0
Financial Costs	455 000	338 000	140 000	102 000
Financial Balance	−441 000	−328 000	−137 000	−102 000
Dividends	0	0	0	0
Net Income	−9 000	−519 000	−542 000	−267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 500 000	5 500 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	685 000	322 000	103 000	115 000
Fixtures	0	0	0	0
Total Tangible Assets	5 065 000	6 336 000	2 281 000	2 456 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	10 566 000	11 837 000	2 282 000	2 456 000
Stock	0	0	0	0
Total Investments	0	0	0	1 000
Cash, Bank	172 000	629 000	472 000	505 000
Total Current Assets	394 000	799 000	568 000	601 000
Total Assets	10 960 000	12 636 000	2 850 000	3 058 000
Total Equity	−238 000	−229 000	−209 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 785 000	12 644 000	2 925 000	2 942 000
Creditors	216 000	153 000	50 000	24 000
Unpaid Taxes	169 000	100 000	83 000	50 000
Dividends	0	0	0	0
Other Current Debt	27 000	−33 000	2 000	10 000
Total Current Debt	412 000	220 000	134 000	83 000
Total Equity and Debt	10 960 000	12 636 000	2 850 000	3 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,78 %	226,64 %	259,33 %	−809,09 %
Debt-to-Equity Ratio	−45,32	−55,21	−14	89,15
Operating Profit Margin	9,23 %	−7,96 %	−33,67 %	−17,86 %
Current Ratio	0,96	3,63	4,24	7,24
Quick Ratio	0,96	3,63	4,24	7,24
Equity Ratio	−0,02	−0,02	−0,07	0,01
Gross Profit Margin	98,64 %	100 %	90,77 %	80,74 %