KBH SHELLFISH SOLUTIONS AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

31,06 %

Current Ratio

0,38

Debt-to-Equity Ratio

−3,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	55 000	0	100 000
Net Income	−291 000	−643 000	−55 000	−12 000
Total Assets	5 115 000	4 776 000	24 000	56 000
Total Equity	−937 000	−646 000	−3 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	55 000	0	100 000
Expenditure	875 000	879 000	70 000	116 000
Operating Profit	−375 000	−824 000	−70 000	−16 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	−373 000	−824 000	−70 000	−16 000
Tax	−82 000	−181 000	−15 000	−3 000
Net Income	−291 000	−643 000	−55 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 145 000	3 860 000	19 000	3 000
Total Current Assets	970 000	917 000	5 000	53 000
Total Assets	5 115 000	4 776 000	24 000	56 000
Total Retained Equity	−1 001 000	−710 000	−67 000	−12 000
Total Equity	−937 000	−646 000	−3 000	52 000
Total Long-Term Debt	3 507 000	3 507 000	27 000	4 000
Total Current Debt	2 545 000	1 915 000	0	0
Total Equity and Debt	5 115 000	4 776 000	24 000	56 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	55 000	0	100 000
Other Income	500 000	0	0	0
Revenue	500 000	55 000	0	100 000
Cost of Goods Sold	180 000	2 000	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	40 000	0	0
Impairment	0	0	0	0
Expenditure	875 000	879 000	70 000	116 000
Operating Profit	−375 000	−824 000	−70 000	−16 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	−291 000	−643 000	−55 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	200 000	19 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	188 000	179 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 863 000	3 659 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 145 000	3 860 000	19 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	895 000	260 000	5 000	53 000
Total Current Assets	970 000	917 000	5 000	53 000
Total Assets	5 115 000	4 776 000	24 000	56 000
Total Equity	−937 000	−646 000	−3 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 507 000	3 507 000	27 000	4 000
Creditors	2 545 000	1 915 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 545 000	1 915 000	0	0
Total Equity and Debt	5 115 000	4 776 000	24 000	56 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,06 %	99,54 %	1 833,33 %	−23,08 %
Debt-to-Equity Ratio	−3,74	−5,43	−9	0,08
Operating Profit Margin	−75 %	−1 498,18 %	-	−16 %
Current Ratio	0,38	0,48	-	-
Quick Ratio	0,38	0,48	-	-
Equity Ratio	−0,18	−0,14	−0,13	0,93
Gross Profit Margin	64 %	96,36 %	-	100 %