GRIEG SEAFOOD ASA

5004 BERGEN

Finances

Return on Equity

17,79 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 229 935 000	4 661 092 000	4 411 609 000	8 303 723 000
Net Income	1 153 779 000	604 379 000	−26 292 000	644 908 000
Total Assets	12 875 365 000	10 714 248 000	10 649 528 000	8 934 684 000
Total Equity	6 485 708 000	5 563 302 000	4 370 918 000	4 140 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 229 935 000	4 661 092 000	4 411 609 000	8 303 723 000
Expenditure	5 732 349 000	3 720 146 000	4 178 552 000	7 437 075 000
Operating Profit	1 497 586 000	940 946 000	233 057 000	866 648 000
Financial Income	121 609 000	125 233 000	103 000	51 520 000
Financial Costs	171 553 000	212 499 000	247 895 000	77 542 000
Financial Balance	−49 944 000	−87 266 000	−247 792 000	−26 022 000
Earnings Before Tax	1 447 642 000	853 680 000	−14 735 000	840 626 000
Tax	293 863 000	249 301 000	11 557 000	195 718 000
Net Income	1 153 779 000	604 379 000	−26 292 000	644 908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 479 642 000	5 871 478 000	5 380 830 000	4 302 502 000
Total Current Assets	6 395 723 000	4 842 770 000	5 268 698 000	4 632 182 000
Total Assets	12 875 365 000	10 714 248 000	10 649 528 000	8 934 684 000
Total Retained Equity	6 037 327 000	5 114 046 000	3 921 816 000	3 544 491 000
Total Equity	6 485 708 000	5 563 302 000	4 370 918 000	4 140 843 000
Total Long-Term Debt	4 540 316 000	4 039 714 000	4 817 271 000	3 092 884 000
Total Current Debt	1 849 341 000	1 111 232 000	1 461 338 000	1 700 959 000
Total Equity and Debt	12 875 365 000	10 714 248 000	10 649 527 000	8 934 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 163 956 000	4 598 585 000	4 384 357 000	8 273 592 000
Other Income	65 979 000	62 507 000	27 252 000	30 131 000
Revenue	7 229 935 000	4 661 092 000	4 411 609 000	8 303 723 000
Cost of Goods Sold	2 233 655 000	1 738 267 000	1 717 279 000	4 402 685 000
Salary Costs	695 577 000	577 434 000	499 546 000	610 803 000
Depreciation	451 347 000	375 674 000	368 874 000	410 583 000
Impairment	140 074 000	0	0	0
Expenditure	5 732 349 000	3 720 146 000	4 178 552 000	7 437 075 000
Operating Profit	1 497 586 000	940 946 000	233 057 000	866 648 000
Financial Income	121 609 000	125 233 000	103 000	51 520 000
Financial Costs	171 553 000	212 499 000	247 895 000	77 542 000
Financial Balance	−49 944 000	−87 266 000	−247 792 000	−26 022 000
Dividends	0	0	0	0
Net Income	1 153 779 000	604 379 000	−26 292 000	644 908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	691 094 000	660 071 000	638 019 000	109 526 000
Total Intangible Assets	2 169 493 000	2 233 277 000	2 213 779 000	1 260 359 000
Real Eastate	1 302 600 000	1 169 285 000	1 182 595 000	663 171 000
Machinery and Plant Facilities	1 380 814 000	1 065 018 000	893 039 000	1 655 269 000
Fixtures	748 238 000	638 824 000	447 308 000	639 502 000
Total Tangible Assets	4 035 590 000	3 402 629 000	3 033 154 000	2 957 942 000
Total Fiancial Fixed Assets	274 559 000	235 572 000	133 897 000	84 201 000
Total Fixed Assets	6 479 642 000	5 871 478 000	5 380 830 000	4 302 502 000
Stock	4 285 972 000	3 577 711 000	2 623 904 000	3 615 795 000
Total Investments	1 050 836 000	37 592 000	84 189 000	7 368 000
Cash, Bank	642 718 000	928 342 000	2 248 152 000	214 497 000
Total Current Assets	6 395 723 000	4 842 770 000	5 268 698 000	4 632 182 000
Total Assets	12 875 365 000	10 714 248 000	10 649 528 000	8 934 684 000
Total Equity	6 485 708 000	5 563 302 000	4 370 918 000	4 140 843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 540 316 000	4 039 714 000	4 817 271 000	3 092 884 000
Creditors	717 498 000	523 196 000	562 848 000	855 061 000
Unpaid Taxes	55 963 000	32 088 000	21 867 000	50 570 000
Dividends	0	0	0	0
Other Current Debt	353 222 000	234 800 000	604 202 000	200 098 000
Total Current Debt	1 849 341 000	1 111 232 000	1 461 338 000	1 700 959 000
Total Equity and Debt	12 875 365 000	10 714 248 000	10 649 527 000	8 934 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,79 %	10,86 %	−0,6 %	15,57 %
Debt-to-Equity Ratio	0,7	0,73	1,1	0,75
Operating Profit Margin	20,71 %	20,19 %	5,28 %	10,44 %
Current Ratio	3,46	4,36	3,61	2,72
Quick Ratio	−2,62	−1,96	−4,53	−2,42
Equity Ratio	0,5	0,52	0,41	0,46
Gross Profit Margin	69,11 %	62,71 %	61,07 %	46,98 %