SALMON EVOLUTION ASA

6440 ELNESVÅGEN

Finances

Return on Equity

−2,09 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020
Revenue	47 681 000	12 256 000	704 000
Net Income	−32 727 000	−26 446 000	−16 826 000
Total Assets	2 306 173 000	1 705 903 000	892 811 000
Total Equity	1 563 907 000	1 297 530 000	788 443 000

Income (NOK)	2022	2021	2020
Revenue	47 681 000	12 256 000	704 000
Expenditure	144 690 000	50 098 000	18 381 000
Operating Profit	−62 932 000	−37 842 000	−17 677 000
Financial Income	35 322 000	12 852 000	1 114 000
Financial Costs	5 117 000	7 969 000	263 000
Financial Balance	30 205 000	4 883 000	851 000
Earnings Before Tax	−32 727 000	−32 959 000	−16 826 000
Tax	0	−6 513 000	0
Net Income	−32 727 000	−26 446 000	−16 826 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 850 893 000	1 078 664 000	222 367 000
Total Current Assets	455 280 000	627 239 000	670 444 000
Total Assets	2 306 173 000	1 705 903 000	892 811 000
Total Retained Equity	−88 774 000	−57 411 000	−29 887 000
Total Equity	1 563 907 000	1 297 530 000	788 443 000
Total Long-Term Debt	531 394 000	221 220 000	933 000
Total Current Debt	210 873 000	187 151 000	103 435 000
Total Equity and Debt	2 306 174 000	1 705 901 000	892 811 000

Cash flow (NOK)	2022	2021	2020
Sales Income	46 107 000	12 047 000	704 000
Other Income	1 574 000	209 000	0
Revenue	47 681 000	12 256 000	704 000
Cost of Goods Sold	34 706 000	908 000	0
Salary Costs	49 996 000	21 067 000	8 877 000
Depreciation	6 190 000	2 229 000	550 000
Impairment	0	0	0
Expenditure	144 690 000	50 098 000	18 381 000
Operating Profit	−62 932 000	−37 842 000	−17 677 000
Financial Income	35 322 000	12 852 000	1 114 000
Financial Costs	5 117 000	7 969 000	263 000
Financial Balance	30 205 000	4 883 000	851 000
Dividends	0	0	0
Net Income	−32 727 000	−26 446 000	−16 826 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	67 226 000	63 611 000	432 000
Real Eastate	1 744 031 000	971 122 000	219 926 000
Machinery and Plant Facilities	13 001 000	15 600 000	0
Fixtures	0	2 112 000	2 009 000
Total Tangible Assets	1 757 032 000	988 834 000	221 935 000
Total Fiancial Fixed Assets	26 635 000	26 219 000	0
Total Fixed Assets	1 850 893 000	1 078 664 000	222 367 000
Stock	60 868 000	15 050 000	0
Total Investments	25 622 000	0	0
Cash, Bank	278 759 000	505 545 000	647 806 000
Total Current Assets	455 280 000	627 239 000	670 444 000
Total Assets	2 306 173 000	1 705 903 000	892 811 000
Total Equity	1 563 907 000	1 297 530 000	788 443 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	531 394 000	221 220 000	933 000
Creditors	135 098 000	162 071 000	60 104 000
Unpaid Taxes	7 086 000	4 946 000	1 144 000
Dividends	0	0	0
Other Current Debt	13 336 000	20 134 000	2 187 000
Total Current Debt	210 873 000	187 151 000	103 435 000
Total Equity and Debt	2 306 174 000	1 705 901 000	892 811 000

Financial indicators	2022	2021	2020
Return on Equity	−2,09 %	−2,04 %	−2,13 %
Debt-to-Equity Ratio	0,34	0,17	0
Operating Profit Margin	−131,99 %	−308,76 %	−2 510,94 %
Current Ratio	2,16	3,35	6,48
Quick Ratio	3,04	3,64	6,48
Equity Ratio	0,68	0,76	0,88
Gross Profit Margin	27,21 %	92,59 %	100 %