NORWEGIAN MUSSEL COMPANY AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

24,24 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	70 000	888 000	0
Net Income	−1 277 000	−1 202 000	613 000	−12 000
Total Assets	2 879 000	829 000	378 000	135 000
Total Equity	−5 268 000	−3 991 000	−2 788 000	−3 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	70 000	888 000	0
Expenditure	1 277 000	1 271 000	275 000	12 000
Operating Profit	−1 277 000	−1 200 000	613 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−1 277 000	−1 202 000	613 000	−12 000
Tax	0	0	0	0
Net Income	−1 277 000	−1 202 000	613 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 853 000	368 000	239 000	100 000
Total Current Assets	26 000	461 000	139 000	35 000
Total Assets	2 879 000	829 000	378 000	135 000
Total Retained Equity	−8 489 000	−7 211 000	−6 009 000	−6 621 000
Total Equity	−5 268 000	−3 991 000	−2 788 000	−3 401 000
Total Long-Term Debt	0	4 772 000	3 166 000	3 359 000
Total Current Debt	8 147 000	48 000	0	176 000
Total Equity and Debt	2 879 000	829 000	378 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	70 000	888 000	0
Other Income	0	0	0	0
Revenue	0	70 000	888 000	0
Cost of Goods Sold	0	5 000	45 000	0
Salary Costs	385 000	630 000	6 000	0
Depreciation	437 000	53 000	9 000	3 000
Impairment	0	0	0	0
Expenditure	1 277 000	1 271 000	275 000	12 000
Operating Profit	−1 277 000	−1 200 000	613 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−1 277 000	−1 202 000	613 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 694 000	368 000	239 000	0
Fixtures	0	0	0	0
Total Tangible Assets	2 803 000	368 000	239 000	0
Total Fiancial Fixed Assets	50 000	0	0	100 000
Total Fixed Assets	2 853 000	368 000	239 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	324 000	119 000	35 000
Total Current Assets	26 000	461 000	139 000	35 000
Total Assets	2 879 000	829 000	378 000	135 000
Total Equity	−5 268 000	−3 991 000	−2 788 000	−3 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 772 000	3 166 000	3 359 000
Creditors	0	0	0	176 000
Unpaid Taxes	6 000	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	8 141 000	42 000	0	0
Total Current Debt	8 147 000	48 000	0	176 000
Total Equity and Debt	2 879 000	829 000	378 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,24 %	30,12 %	−21,99 %	0,35 %
Debt-to-Equity Ratio	−0	−1,2	−1,14	−0,99
Operating Profit Margin	-	−1 714,29 %	69,03 %	-
Current Ratio	0	9,6	-	0,2
Quick Ratio	0	9,6	-	0,2
Equity Ratio	−1,83	−4,81	−7,38	−25,19
Gross Profit Margin	-	92,86 %	94,93 %	-