SMØRFJORD FISKERISERVICE AS

9713 RUSSENES

Finances

Share Ownership

Return on Equity

−69,44 %

Current Ratio

2,88

Debt-to-Equity Ratio

2,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	92 000	62 000
Net Income	−75 000	−89 000	−55 000	−84 000
Total Assets	416 000	503 000	580 000	647 000
Total Equity	108 000	183 000	272 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	92 000	62 000
Expenditure	166 000	180 000	149 000	148 000
Operating Profit	−76 000	−90 000	−57 000	−86 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	−75 000	−89 000	−55 000	−84 000
Tax	0	0	0	0
Net Income	−75 000	−89 000	−55 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	393 000	472 000	551 000	630 000
Total Current Assets	23 000	30 000	28 000	17 000
Total Assets	416 000	503 000	580 000	647 000
Total Retained Equity	−12 000	63 000	152 000	207 000
Total Equity	108 000	183 000	272 000	327 000
Total Long-Term Debt	300 000	300 000	300 000	300 000
Total Current Debt	8 000	20 000	8 000	20 000
Total Equity and Debt	416 000	503 000	580 000	647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	90 000	90 000	92 000	62 000
Revenue	90 000	90 000	92 000	62 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	79 000	79 000	79 000	79 000
Impairment	0	0	0	0
Expenditure	166 000	180 000	149 000	148 000
Operating Profit	−76 000	−90 000	−57 000	−86 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−75 000	−89 000	−55 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	393 000	472 000	551 000	630 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	393 000	472 000	551 000	630 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	393 000	472 000	551 000	630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	19 000	17 000	6 000
Total Current Assets	23 000	30 000	28 000	17 000
Total Assets	416 000	503 000	580 000	647 000
Total Equity	108 000	183 000	272 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	300 000	300 000	300 000
Creditors	0	12 000	0	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	8 000	20 000	8 000	20 000
Total Equity and Debt	416 000	503 000	580 000	647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,44 %	−48,63 %	−20,22 %	−25,69 %
Debt-to-Equity Ratio	2,78	1,64	1,1	0,92
Operating Profit Margin	−84,44 %	−100 %	−61,96 %	−138,71 %
Current Ratio	2,88	1,5	3,5	0,85
Quick Ratio	2,88	1,5	3,5	0,85
Equity Ratio	0,26	0,36	0,47	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %