SEAFOOD FARMERS OF NORWAY AS

6050 VALDERØYA

Finances

Return on Equity

−57,57 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	911 578 000	720 720 000	996 690 000	1 011 475 000
Net Income	−47 201 000	−6 804 000	82 245 000	10 456 000
Total Assets	458 635 000	409 717 000	510 676 000	312 836 000
Total Equity	81 994 000	129 195 000	127 999 000	45 754 000

Income (NOK)	2022	2021	2020	2019
Revenue	911 578 000	720 720 000	996 690 000	1 011 475 000
Expenditure	925 479 000	713 886 000	967 498 000	895 835 000
Operating Profit	−41 328 000	3 063 000	26 904 000	29 892 000
Financial Income	2 624 000	4 395 000	80 830 000	22 831 000
Financial Costs	21 418 000	16 830 000	21 613 000	39 301 000
Financial Balance	−18 794 000	−12 435 000	59 217 000	−16 470 000
Earnings Before Tax	−60 122 000	−9 372 000	86 121 000	13 422 000
Tax	−12 921 000	−2 568 000	3 876 000	2 967 000
Net Income	−47 201 000	−6 804 000	82 245 000	10 456 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 038 000	76 378 000	80 699 000	102 929 000
Total Current Assets	373 597 000	333 339 000	429 977 000	209 907 000
Total Assets	458 635 000	409 717 000	510 676 000	312 836 000
Total Retained Equity	−46 072 000	1 130 000	0	−78 246 000
Total Equity	81 994 000	129 195 000	127 999 000	45 754 000
Total Long-Term Debt	10 471 000	13 360 000	14 865 000	80 537 000
Total Current Debt	366 171 000	267 162 000	367 811 000	186 545 000
Total Equity and Debt	458 635 000	409 717 000	510 676 000	312 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	908 551 000	717 681 000	993 649 000	1 011 475 000
Other Income	3 026 000	3 039 000	3 041 000	0
Revenue	911 578 000	720 720 000	996 690 000	1 011 475 000
Cost of Goods Sold	769 311 000	561 136 000	833 383 000	772 990 000
Salary Costs	68 349 000	69 990 000	64 635 000	57 116 000
Depreciation	10 275 000	10 047 000	9 084 000	8 388 000
Impairment	0	0	0	0
Expenditure	925 479 000	713 886 000	967 498 000	895 835 000
Operating Profit	−41 328 000	3 063 000	26 904 000	29 892 000
Financial Income	2 624 000	4 395 000	80 830 000	22 831 000
Financial Costs	21 418 000	16 830 000	21 613 000	39 301 000
Financial Balance	−18 794 000	−12 435 000	59 217 000	−16 470 000
Dividends	0	0	30 000 000	0
Net Income	−47 201 000	−6 804 000	82 245 000	10 456 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 136 000	16 215 000	13 648 000	17 524 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	51 192 000	60 019 000	66 839 000	54 502 000
Fixtures	24 000	63 000	132 000	148 000
Total Tangible Assets	51 216 000	60 083 000	66 971 000	54 650 000
Total Fiancial Fixed Assets	4 687 000	80 000	80 000	30 755 000
Total Fixed Assets	85 038 000	76 378 000	80 699 000	102 929 000
Stock	67 022 000	96 251 000	99 280 000	101 567 000
Total Investments	0	0	0	93 000
Cash, Bank	94 937 000	1 189 000	3 359 000	2 112 000
Total Current Assets	373 597 000	333 339 000	429 977 000	209 907 000
Total Assets	458 635 000	409 717 000	510 676 000	312 836 000
Total Equity	81 994 000	129 195 000	127 999 000	45 754 000
Short-Term Group Debt	117 000 000	0	0	0
Total Long-Term Debt	10 471 000	13 360 000	14 865 000	80 537 000
Creditors	159 729 000	145 213 000	126 945 000	136 679 000
Unpaid Taxes	2 843 000	2 926 000	1 698 000	1 686 000
Dividends	0	0	30 000 000	0
Other Current Debt	3 266 000	3 415 000	2 834 000	2 148 000
Total Current Debt	366 171 000	267 162 000	367 811 000	186 545 000
Total Equity and Debt	458 635 000	409 717 000	510 676 000	312 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,57 %	−5,27 %	64,25 %	22,85 %
Debt-to-Equity Ratio	0,13	0,1	0,12	1,76
Operating Profit Margin	−4,53 %	0,42 %	2,7 %	2,96 %
Current Ratio	1,02	1,25	1,17	1,13
Quick Ratio	1,25	1,95	1,6	2,47
Equity Ratio	0,18	0,32	0,25	0,15
Gross Profit Margin	15,61 %	22,14 %	16,38 %	23,58 %