NORWEGIAN SEAFOOD TRUST AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

36,63 %

Current Ratio

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020
Revenue	145 000	802 000	0
Net Income	−211 000	−731 000	−84 000
Total Assets	140 000	942 000	143 000
Total Equity	−576 000	−764 000	−34 000

Income (NOK)	2022	2021	2020
Revenue	145 000	802 000	0
Expenditure	356 000	1 510 000	105 000
Operating Profit	−211 000	−708 000	−105 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	−211 000	−709 000	−105 000
Tax	0	22 000	−22 000
Net Income	−211 000	−731 000	−84 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	65 000	83 000	37 000
Total Current Assets	75 000	859 000	106 000
Total Assets	140 000	942 000	143 000
Total Retained Equity	−626 000	−814 000	−84 000
Total Equity	−576 000	−764 000	−34 000
Total Long-Term Debt	710 000	0	0
Total Current Debt	5 000	1 706 000	177 000
Total Equity and Debt	140 000	942 000	143 000

Cash flow (NOK)	2022	2021	2020
Sales Income	145 000	802 000	0
Other Income	0	0	0
Revenue	145 000	802 000	0
Cost of Goods Sold	0	243 000	0
Salary Costs	259 000	1 030 000	82 000
Depreciation	18 000	13 000	0
Impairment	0	0	0
Expenditure	356 000	1 510 000	105 000
Operating Profit	−211 000	−708 000	−105 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	−211 000	−731 000	−84 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	65 000	73 000	22 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	10 000	15 000
Total Tangible Assets	0	10 000	15 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	65 000	83 000	37 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	51 000	125 000	106 000
Total Current Assets	75 000	859 000	106 000
Total Assets	140 000	942 000	143 000
Total Equity	−576 000	−764 000	−34 000
Short-Term Group Debt	0	600 000	108 000
Total Long-Term Debt	710 000	0	0
Creditors	5 000	964 000	29 000
Unpaid Taxes	0	31 000	25 000
Dividends	0	0	0
Other Current Debt	0	111 000	15 000
Total Current Debt	5 000	1 706 000	177 000
Total Equity and Debt	140 000	942 000	143 000

Financial indicators	2022	2021	2020
Return on Equity	36,63 %	95,68 %	247,06 %
Debt-to-Equity Ratio	−1,23	−0	−0
Operating Profit Margin	−145,52 %	−88,28 %	-
Current Ratio	15	0,5	0,6
Quick Ratio	15	0,5	0,6
Equity Ratio	−4,11	−0,81	−0,24
Gross Profit Margin	100 %	69,7 %	-