FINNMAR SEAFOOD AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

34,85 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	486 000	120 000	315 000
Net Income	1 580 000	−15 000	−32 000
Total Assets	5 077 000	4 855 000	7 463 000
Total Equity	4 534 000	2 953 000	2 968 000

Income (NOK)	2022	2021	2020
Revenue	486 000	120 000	315 000
Expenditure	5 000	131 000	347 000
Operating Profit	481 000	−11 000	−32 000
Financial Income	1 254 000	0	0
Financial Costs	155 000	4 000	0
Financial Balance	1 099 000	−4 000	0
Earnings Before Tax	1 580 000	−15 000	−32 000
Tax	0	0	0
Net Income	1 580 000	−15 000	−32 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 574 000	4 855 000	7 029 000
Total Current Assets	503 000	0	434 000
Total Assets	5 077 000	4 855 000	7 463 000
Total Retained Equity	4 454 000	2 873 000	221 000
Total Equity	4 534 000	2 953 000	2 968 000
Total Long-Term Debt	0	1 787 000	732 000
Total Current Debt	544 000	115 000	3 762 000
Total Equity and Debt	5 077 000	4 855 000	7 463 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	180 000
Other Income	486 000	120 000	135 000
Revenue	486 000	120 000	315 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	110 000	266 000
Impairment	0	0	0
Expenditure	5 000	131 000	347 000
Operating Profit	481 000	−11 000	−32 000
Financial Income	1 254 000	0	0
Financial Costs	155 000	4 000	0
Financial Balance	1 099 000	−4 000	0
Dividends	0	0	0
Net Income	1 580 000	−15 000	−32 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	3 320 000	4 855 000	5 395 000
Fixtures	0	0	0
Total Tangible Assets	3 320 000	4 855 000	5 395 000
Total Fiancial Fixed Assets	1 254 000	0	1 635 000
Total Fixed Assets	4 574 000	4 855 000	7 029 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	0	1 000
Total Current Assets	503 000	0	434 000
Total Assets	5 077 000	4 855 000	7 463 000
Total Equity	4 534 000	2 953 000	2 968 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 787 000	732 000
Creditors	0	0	3 762 000
Unpaid Taxes	544 000	115 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	544 000	115 000	3 762 000
Total Equity and Debt	5 077 000	4 855 000	7 463 000

Financial indicators	2022	2021	2020
Return on Equity	34,85 %	−0,51 %	−1,08 %
Debt-to-Equity Ratio	0	0,61	0,25
Operating Profit Margin	98,97 %	−9,17 %	−10,16 %
Current Ratio	0,92	0	0,12
Quick Ratio	0,92	0	0,12
Equity Ratio	0,89	0,61	0,4
Gross Profit Margin	100 %	100 %	100 %