ICELANDIC SALMON AS

7266 KVERVA

Finances

Share Ownership

Return on Equity

24,21 %

Current Ratio

3,68

Debt-to-Equity Ratio

0,42

Key figures (EUR)	2022	2021	2020	2019
Revenue	157 593 000	90 806 000	61 842 000	0
Net Income	34 917 000	2 367 000	−1 952 000	−1 182 000
Total Assets	235 306 000	171 010 000	144 065 000	780 787 000
Total Equity	144 216 000	109 309 000	108 178 000	777 699 000

Income (EUR)	2022	2021	2020	2019
Revenue	157 593 000	90 806 000	61 842 000	0
Expenditure	122 926 000	86 736 000	58 899 000	1 170 000
Operating Profit	34 667 000	4 070 000	2 943 000	−1 170 000
Financial Income	9 067 000	147 000	−479 000	1 000
Financial Costs	1 915 000	1 618 000	3 862 000	13 000
Financial Balance	7 152 000	−1 471 000	−4 341 000	−12 000
Earnings Before Tax	41 819 000	2 599 000	−1 398 000	−1 182 000
Tax	6 902 000	232 000	554 000	0
Net Income	34 917 000	2 367 000	−1 952 000	−1 182 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	124 490 000	88 380 000	74 912 000	780 655 000
Total Current Assets	110 816 000	82 630 000	69 153 000	132 000
Total Assets	235 306 000	171 010 000	144 065 000	780 787 000
Total Retained Equity	26 975 000	−9 795 000	−12 145 000	−1 828 000
Total Equity	144 216 000	109 309 000	108 178 000	777 699 000
Total Long-Term Debt	60 981 000	43 268 000	1 442 000	0
Total Current Debt	30 109 000	18 433 000	34 445 000	3 089 000
Total Equity and Debt	235 306 000	171 010 000	144 065 000	780 787 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	157 593 000	90 806 000	61 842 000	0
Other Income	0	0	0	0
Revenue	157 593 000	90 806 000	61 842 000	0
Cost of Goods Sold	78 406 000	52 753 000	38 844 000	0
Salary Costs	17 349 000	12 180 000	9 866 000	384 000
Depreciation	7 456 000	5 915 000	6 813 000	0
Impairment	0	0	0	0
Expenditure	122 926 000	86 736 000	58 899 000	1 170 000
Operating Profit	34 667 000	4 070 000	2 943 000	−1 170 000
Financial Income	9 067 000	147 000	−479 000	1 000
Financial Costs	1 915 000	1 618 000	3 862 000	13 000
Financial Balance	7 152 000	−1 471 000	−4 341 000	−12 000
Dividends	0	0	0	0
Net Income	34 917 000	2 367 000	−1 952 000	−1 182 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	34 740 000	19 332 000	19 320 000	0
Total Intangible Assets	36 366 000	20 310 000	22 997 000	0
Real Eastate	81 149 000	52 225 000	46 377 000	0
Machinery and Plant Facilities	6 975 000	0	0	0
Fixtures	0	5 827 000	0	0
Total Tangible Assets	88 124 000	58 052 000	46 377 000	0
Total Fiancial Fixed Assets	0	10 018 000	5 538 000	780 655 000
Total Fixed Assets	124 490 000	88 380 000	74 912 000	780 655 000
Stock	89 189 000	69 437 000	58 904 000	0
Total Investments	0	0	0	0
Cash, Bank	1 853 000	3 744 000	3 050 000	132 000
Total Current Assets	110 816 000	82 630 000	69 153 000	132 000
Total Assets	235 306 000	171 010 000	144 065 000	780 787 000
Total Equity	144 216 000	109 309 000	108 178 000	777 699 000
Short-Term Group Debt	0	0	0	2 930 000
Total Long-Term Debt	60 981 000	43 268 000	1 442 000	0
Creditors	11 702 000	9 699 000	9 744 000	2 000
Unpaid Taxes	0	0	0	59 000
Dividends	0	0	0	0
Other Current Debt	9 650 000	5 564 000	24 701 000	99 000
Total Current Debt	30 109 000	18 433 000	34 445 000	3 089 000
Total Equity and Debt	235 306 000	171 010 000	144 065 000	780 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,21 %	2,17 %	−1,8 %	−0,15 %
Debt-to-Equity Ratio	0,42	0,4	0,01	0
Operating Profit Margin	22 %	4,48 %	4,76 %	-
Current Ratio	3,68	4,48	2,01	0,04
Quick Ratio	−1,88	−1,62	−2,83	0,04
Equity Ratio	0,61	0,64	0,75	1
Gross Profit Margin	50,25 %	41,91 %	37,19 %	-