Kvarøy Fiskeoppdrett A/S

8743 INDRE KVARØY

Finances

Return on Equity

13,45 %

Current Ratio

1,2

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	489 795 000	1 131 905 000	939 559 000	793 780 000
Net Income	40 199 000	22 982 000	17 144 000	63 246 000
Total Assets	1 201 818 000	1 543 410 000	1 147 813 000	655 307 000
Total Equity	298 787 000	324 897 000	321 627 000	315 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	489 795 000	1 131 905 000	939 559 000	793 780 000
Expenditure	469 197 000	1 085 636 000	899 759 000	748 074 000
Operating Profit	80 912 000	42 345 000	28 295 000	79 610 000
Financial Income	2 763 000	10 976 000	13 626 000	3 707 000
Financial Costs	31 330 000	24 093 000	20 697 000	8 120 000
Financial Balance	−28 567 000	−13 117 000	−7 071 000	−4 413 000
Earnings Before Tax	52 345 000	29 228 000	21 224 000	75 197 000
Tax	12 146 000	6 246 000	4 080 000	11 951 000
Net Income	40 199 000	22 982 000	17 144 000	63 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 843 000	794 451 000	650 509 000	341 609 000
Total Current Assets	527 976 000	748 960 000	497 304 000	313 698 000
Total Assets	1 201 818 000	1 543 410 000	1 147 813 000	655 307 000
Total Retained Equity	295 397 000	321 464 000	318 194 000	311 737 000
Total Equity	298 787 000	324 897 000	321 627 000	315 169 000
Total Long-Term Debt	463 045 000	516 701 000	477 103 000	178 643 000
Total Current Debt	439 986 000	701 812 000	349 083 000	161 495 000
Total Equity and Debt	1 201 818 000	1 543 410 000	1 147 813 000	655 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	482 390 000	1 125 759 000	934 693 000	793 409 000
Other Income	7 405 000	6 146 000	4 866 000	371 000
Revenue	489 795 000	1 131 905 000	939 559 000	793 780 000
Cost of Goods Sold	297 168 000	823 022 000	723 047 000	639 794 000
Salary Costs	39 840 000	63 235 000	53 193 000	29 277 000
Depreciation	44 735 000	44 998 000	32 217 000	25 801 000
Impairment	1 718 000	4 000 000	0	0
Expenditure	469 197 000	1 085 636 000	899 759 000	748 074 000
Operating Profit	80 912 000	42 345 000	28 295 000	79 610 000
Financial Income	2 763 000	10 976 000	13 626 000	3 707 000
Financial Costs	31 330 000	24 093 000	20 697 000	8 120 000
Financial Balance	−28 567 000	−13 117 000	−7 071 000	−4 413 000
Dividends	0	0	0	0
Net Income	40 199 000	22 982 000	17 144 000	63 246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	10 873 000	−9 928 000	1 375 000
Total Intangible Assets	266 479 000	277 352 000	277 655 000	70 941 000
Real Eastate	164 520 000	172 903 000	69 889 000	56 166 000
Machinery and Plant Facilities	81 820 000	167 474 000	125 159 000	61 062 000
Fixtures	734 000	416 000	280 000	103 000
Total Tangible Assets	330 624 000	477 977 000	323 338 000	221 744 000
Total Fiancial Fixed Assets	76 739 000	39 122 000	49 515 000	48 924 000
Total Fixed Assets	673 843 000	794 451 000	650 509 000	341 609 000
Stock	276 494 000	406 065 000	323 645 000	170 635 000
Total Investments	0	0	0	0
Cash, Bank	3 037 000	8 538 000	10 169 000	13 372 000
Total Current Assets	527 976 000	748 960 000	497 304 000	313 698 000
Total Assets	1 201 818 000	1 543 410 000	1 147 813 000	655 307 000
Total Equity	298 787 000	324 897 000	321 627 000	315 169 000
Short-Term Group Debt	74 576 000	0	0	0
Total Long-Term Debt	463 045 000	516 701 000	477 103 000	178 643 000
Creditors	112 605 000	438 070 000	251 903 000	99 478 000
Unpaid Taxes	2 334 000	3 486 000	3 302 000	1 696 000
Dividends	0	0	0	0
Other Current Debt	63 291 000	10 247 000	10 812 000	5 957 000
Total Current Debt	439 986 000	701 812 000	349 083 000	161 495 000
Total Equity and Debt	1 201 818 000	1 543 410 000	1 147 813 000	655 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,45 %	7,07 %	5,33 %	20,07 %
Debt-to-Equity Ratio	1,55	1,59	1,48	0,57
Operating Profit Margin	16,52 %	3,74 %	3,01 %	10,03 %
Current Ratio	1,2	1,07	1,42	1,94
Quick Ratio	3,23	2,53	19,55	−34,32
Equity Ratio	0,25	0,21	0,28	0,48
Gross Profit Margin	39,33 %	27,29 %	23,04 %	19,4 %