SAGAFJORD SEA FARM AS

5411 STORD

Finances

Share Ownership

Return on Equity

−1,56 %

Current Ratio

1,76

Debt-to-Equity Ratio

−2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 721 000	4 569 000	4 841 000	4 067 000
Net Income	103 000	992 000	−1 469 000	−1 047 000
Total Assets	13 639 000	16 800 000	18 455 000	20 612 000
Total Equity	−6 615 000	−6 717 000	−7 709 000	−6 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 721 000	4 569 000	4 841 000	4 067 000
Expenditure	3 623 000	3 687 000	4 837 000	4 105 000
Operating Profit	1 096 000	883 000	4 000	−39 000
Financial Income	51 000	678 000	−803 000	−249 000
Financial Costs	1 045 000	569 000	670 000	758 000
Financial Balance	−994 000	109 000	−1 473 000	−1 007 000
Earnings Before Tax	103 000	992 000	−1 469 000	−1 047 000
Tax	0	0	0	0
Net Income	103 000	992 000	−1 469 000	−1 047 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 663 000	14 506 000	16 953 000	20 191 000
Total Current Assets	975 000	2 293 000	1 501 000	422 000
Total Assets	13 639 000	16 800 000	18 455 000	20 612 000
Total Retained Equity	−7 975 000	−8 077 000	−9 069 000	−7 601 000
Total Equity	−6 615 000	−6 717 000	−7 709 000	−6 241 000
Total Long-Term Debt	19 700 000	22 900 000	25 377 000	26 503 000
Total Current Debt	554 000	617 000	787 000	350 000
Total Equity and Debt	13 639 000	16 800 000	18 455 000	20 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 721 000	4 569 000	4 841 000	4 067 000
Revenue	4 721 000	4 569 000	4 841 000	4 067 000
Cost of Goods Sold	547 000	658 000	1 079 000	341 000
Salary Costs	943 000	303 000	276 000	275 000
Depreciation	1 843 000	2 447 000	3 237 000	3 273 000
Impairment	0	0	0	0
Expenditure	3 623 000	3 687 000	4 837 000	4 105 000
Operating Profit	1 096 000	883 000	4 000	−39 000
Financial Income	51 000	678 000	−803 000	−249 000
Financial Costs	1 045 000	569 000	670 000	758 000
Financial Balance	−994 000	109 000	−1 473 000	−1 007 000
Dividends	0	0	0	0
Net Income	103 000	992 000	−1 469 000	−1 047 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 663 000	14 506 000	16 349 000	18 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	604 000	1 998 000
Total Tangible Assets	12 663 000	14 506 000	16 953 000	20 191 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 663 000	14 506 000	16 953 000	20 191 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	656 000	1 798 000	974 000	399 000
Total Current Assets	975 000	2 293 000	1 501 000	422 000
Total Assets	13 639 000	16 800 000	18 455 000	20 612 000
Total Equity	−6 615 000	−6 717 000	−7 709 000	−6 241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 700 000	22 900 000	25 377 000	26 503 000
Creditors	478 000	545 000	703 000	265 000
Unpaid Taxes	12 000	17 000	15 000	14 000
Dividends	0	0	0	0
Other Current Debt	63 000	56 000	69 000	71 000
Total Current Debt	554 000	617 000	787 000	350 000
Total Equity and Debt	13 639 000	16 800 000	18 455 000	20 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,56 %	−14,77 %	19,06 %	16,78 %
Debt-to-Equity Ratio	−2,98	−3,41	−3,29	−4,25
Operating Profit Margin	23,22 %	19,33 %	0,08 %	−0,96 %
Current Ratio	1,76	3,72	1,91	1,21
Quick Ratio	1,76	3,72	1,91	1,21
Equity Ratio	−0,49	−0,4	−0,42	−0,3
Gross Profit Margin	88,41 %	85,6 %	77,71 %	91,62 %