NOR SEAFOODS AS

6004 ÅLESUND

Finances

Return on Equity

37,67 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 234 031 000	1 850 825 000	1 431 803 000	1 408 883 000
Net Income	23 081 000	20 744 000	−8 847 000	2 399 000
Total Assets	437 301 000	415 061 000	274 202 000	453 021 000
Total Equity	61 276 000	45 575 000	34 572 000	43 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 234 031 000	1 850 825 000	1 431 803 000	1 408 883 000
Expenditure	2 187 111 000	1 823 348 000	1 437 995 000	1 400 079 000
Operating Profit	46 921 000	27 476 000	−6 192 000	8 804 000
Financial Income	253 000	2 443 000	62 000	597 000
Financial Costs	16 025 000	2 901 000	4 662 000	3 037 000
Financial Balance	−15 772 000	−458 000	−4 600 000	−2 440 000
Earnings Before Tax	31 149 000	27 019 000	−10 792 000	6 364 000
Tax	8 068 000	6 274 000	−1 945 000	3 965 000
Net Income	23 081 000	20 744 000	−8 847 000	2 399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 702 000	13 078 000	10 182 000	23 142 000
Total Current Assets	425 599 000	401 982 000	264 020 000	429 879 000
Total Assets	437 301 000	415 061 000	274 202 000	453 021 000
Total Retained Equity	41 576 000	25 875 000	14 872 000	23 366 000
Total Equity	61 276 000	45 575 000	34 572 000	43 066 000
Total Long-Term Debt	11 871 000	12 078 000	13 889 000	15 786 000
Total Current Debt	364 154 000	357 408 000	225 741 000	394 169 000
Total Equity and Debt	437 301 000	415 061 000	274 202 000	453 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 233 092 000	1 850 042 000	1 416 980 000	1 407 549 000
Other Income	940 000	783 000	14 824 000	1 334 000
Revenue	2 234 031 000	1 850 825 000	1 431 803 000	1 408 883 000
Cost of Goods Sold	2 151 539 000	1 787 586 000	1 386 267 000	1 348 127 000
Salary Costs	14 735 000	14 000 000	20 177 000	21 498 000
Depreciation	581 000	1 171 000	3 092 000	1 120 000
Impairment	0	0	0	0
Expenditure	2 187 111 000	1 823 348 000	1 437 995 000	1 400 079 000
Operating Profit	46 921 000	27 476 000	−6 192 000	8 804 000
Financial Income	253 000	2 443 000	62 000	597 000
Financial Costs	16 025 000	2 901 000	4 662 000	3 037 000
Financial Balance	−15 772 000	−458 000	−4 600 000	−2 440 000
Dividends	11 500 000	10 000 000	0	0
Net Income	23 081 000	20 744 000	−8 847 000	2 399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	3 406 000
Total Intangible Assets	3 485 000	3 178 000	76 000	8 005 000
Real Eastate	7 439 000	7 490 000	7 729 000	8 120 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	633 000	749 000	783 000	3 907 000
Total Tangible Assets	8 072 000	8 240 000	8 512 000	12 026 000
Total Fiancial Fixed Assets	145 000	1 661 000	1 594 000	3 111 000
Total Fixed Assets	11 702 000	13 078 000	10 182 000	23 142 000
Stock	121 930 000	70 584 000	37 400 000	161 017 000
Total Investments	0	0	0	0
Cash, Bank	3 239 000	6 135 000	3 780 000	1 946 000
Total Current Assets	425 599 000	401 982 000	264 020 000	429 879 000
Total Assets	437 301 000	415 061 000	274 202 000	453 021 000
Total Equity	61 276 000	45 575 000	34 572 000	43 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 871 000	12 078 000	13 889 000	15 786 000
Creditors	132 875 000	198 839 000	161 905 000	318 902 000
Unpaid Taxes	1 500 000	3 270 000	2 722 000	3 744 000
Dividends	11 500 000	10 000 000	0	0
Other Current Debt	5 604 000	52 613 000	1 987 000	3 769 000
Total Current Debt	364 154 000	357 408 000	225 741 000	394 169 000
Total Equity and Debt	437 301 000	415 061 000	274 202 000	453 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,67 %	45,52 %	−25,59 %	5,57 %
Debt-to-Equity Ratio	0,19	0,27	0,4	0,37
Operating Profit Margin	2,1 %	1,48 %	−0,43 %	0,62 %
Current Ratio	1,17	1,12	1,17	1,09
Quick Ratio	1,76	1,4	1,4	1,84
Equity Ratio	0,14	0,11	0,13	0,1
Gross Profit Margin	3,69 %	3,42 %	3,18 %	4,31 %