NORSILDMEL INNOVATION AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

3,3 %

Current Ratio

96,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	14 440 000	256 437 000	1 114 564 000
Net Income	4 386 000	9 966 000	−10 618 000	−30 023 000
Total Assets	134 261 000	203 026 000	331 906 000	619 483 000
Total Equity	132 960 000	128 573 000	92 625 000	84 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	14 440 000	256 437 000	1 114 564 000
Expenditure	−3 064 000	6 059 000	249 383 000	1 129 788 000
Operating Profit	3 064 000	8 381 000	7 053 000	−15 224 000
Financial Income	3 985 000	5 757 000	5 814 000	2 352 000
Financial Costs	1 421 000	1 365 000	26 427 000	25 649 000
Financial Balance	2 564 000	4 392 000	−20 613 000	−23 297 000
Earnings Before Tax	5 628 000	12 773 000	−13 560 000	−38 521 000
Tax	1 241 000	2 807 000	−2 942 000	−8 498 000
Net Income	4 386 000	9 966 000	−10 618 000	−30 023 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 229 000	9 108 000	13 027 000	15 392 000
Total Current Assets	126 032 000	193 918 000	318 879 000	604 092 000
Total Assets	134 261 000	203 026 000	331 906 000	619 483 000
Total Retained Equity	53 887 000	49 501 000	39 535 000	50 153 000
Total Equity	132 960 000	128 573 000	92 625 000	84 428 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 302 000	74 453 000	239 281 000	535 056 000
Total Equity and Debt	134 261 000	203 026 000	331 906 000	619 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	14 440 000	256 437 000	1 114 564 000
Other Income	0	1 000	0	0
Revenue	0	14 440 000	256 437 000	1 114 564 000
Cost of Goods Sold	−461 000	15 323 000	259 661 000	1 108 830 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−3 064 000	6 059 000	249 383 000	1 129 788 000
Operating Profit	3 064 000	8 381 000	7 053 000	−15 224 000
Financial Income	3 985 000	5 757 000	5 814 000	2 352 000
Financial Costs	1 421 000	1 365 000	26 427 000	25 649 000
Financial Balance	2 564 000	4 392 000	−20 613 000	−23 297 000
Dividends	0	0	0	0
Net Income	4 386 000	9 966 000	−10 618 000	−30 023 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 353 000	8 231 000	12 150 000	14 515 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	876 000	876 000	876 000	876 000
Total Fixed Assets	8 229 000	9 108 000	13 027 000	15 392 000
Stock	0	0	4 122 000	167 305 000
Total Investments	0	0	0	0
Cash, Bank	12 000	7 000	26 711 000	22 398 000
Total Current Assets	126 032 000	193 918 000	318 879 000	604 092 000
Total Assets	134 261 000	203 026 000	331 906 000	619 483 000
Total Equity	132 960 000	128 573 000	92 625 000	84 428 000
Short-Term Group Debt	0	0	230 361 000	506 147 000
Total Long-Term Debt	0	0	0	0
Creditors	497 000	346 000	2 772 000	13 970 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	442 000	67 891 000	6 148 000	13 130 000
Total Current Debt	1 302 000	74 453 000	239 281 000	535 056 000
Total Equity and Debt	134 261 000	203 026 000	331 906 000	619 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,3 %	7,75 %	−11,46 %	−35,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	58,04 %	2,75 %	−1,37 %
Current Ratio	96,8	2,6	1,33	1,13
Quick Ratio	96,8	2,6	1,36	1,64
Equity Ratio	0,99	0,63	0,28	0,14
Gross Profit Margin	-	−6,11 %	−1,26 %	0,51 %