NORICE SEAFOOD AS

3810 GVARV

Finances

Return on Equity

77,41 %

Current Ratio

0,66

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 783 000	10 750 000	9 719 000	10 397 000
Net Income	4 480 000	2 963 000	2 810 000	1 080 000
Total Assets	9 640 000	7 723 000	7 976 000	3 096 000
Total Equity	5 787 000	2 107 000	1 894 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 783 000	10 750 000	9 719 000	10 397 000
Expenditure	15 939 000	6 752 000	6 096 000	8 771 000
Operating Profit	5 843 000	3 997 000	3 622 000	1 627 000
Financial Income	1 000	2 000	0	0
Financial Costs	48 000	143 000	−8 000	157 000
Financial Balance	−47 000	−141 000	8 000	−157 000
Earnings Before Tax	5 796 000	3 857 000	3 631 000	1 470 000
Tax	1 316 000	894 000	821 000	390 000
Net Income	4 480 000	2 963 000	2 810 000	1 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 318 000	6 206 000	4 442 000	1 358 000
Total Current Assets	2 322 000	1 516 000	3 534 000	1 738 000
Total Assets	9 640 000	7 723 000	7 976 000	3 096 000
Total Retained Equity	5 662 000	1 982 000	1 769 000	60 000
Total Equity	5 787 000	2 107 000	1 894 000	185 000
Total Long-Term Debt	341 000	343 000	383 000	0
Total Current Debt	3 512 000	5 272 000	5 698 000	2 911 000
Total Equity and Debt	9 640 000	7 723 000	7 976 000	3 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 780 000	10 750 000	9 694 000	10 393 000
Other Income	3 000	0	25 000	4 000
Revenue	21 783 000	10 750 000	9 719 000	10 397 000
Cost of Goods Sold	7 728 000	2 042 000	2 447 000	2 944 000
Salary Costs	3 286 000	1 642 000	1 296 000	2 635 000
Depreciation	445 000	112 000	139 000	162 000
Impairment	0	0	0	0
Expenditure	15 939 000	6 752 000	6 096 000	8 771 000
Operating Profit	5 843 000	3 997 000	3 622 000	1 627 000
Financial Income	1 000	2 000	0	0
Financial Costs	48 000	143 000	−8 000	157 000
Financial Balance	−47 000	−141 000	8 000	−157 000
Dividends	800 000	2 750 000	1 100 000	0
Net Income	4 480 000	2 963 000	2 810 000	1 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	19 000	15 000	19 000
Real Eastate	5 080 000	4 818 000	2 975 000	165 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 112 000	1 243 000	1 200 000	947 000
Total Tangible Assets	7 192 000	6 061 000	4 175 000	1 112 000
Total Fiancial Fixed Assets	127 000	127 000	252 000	227 000
Total Fixed Assets	7 318 000	6 206 000	4 442 000	1 358 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 027 000	832 000	2 044 000	450 000
Total Current Assets	2 322 000	1 516 000	3 534 000	1 738 000
Total Assets	9 640 000	7 723 000	7 976 000	3 096 000
Total Equity	5 787 000	2 107 000	1 894 000	185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	341 000	343 000	383 000	0
Creditors	1 333 000	2 891 000	3 276 000	1 699 000
Unpaid Taxes	355 000	247 000	116 000	336 000
Dividends	800 000	2 750 000	1 100 000	0
Other Current Debt	565 000	236 000	279 000	281 000
Total Current Debt	3 512 000	5 272 000	5 698 000	2 911 000
Total Equity and Debt	9 640 000	7 723 000	7 976 000	3 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,41 %	140,63 %	148,36 %	583,78 %
Debt-to-Equity Ratio	0,06	0,16	0,2	0
Operating Profit Margin	26,82 %	37,18 %	37,27 %	15,65 %
Current Ratio	0,66	0,29	0,62	0,6
Quick Ratio	0,66	0,29	0,62	0,6
Equity Ratio	0,6	0,27	0,24	0,06
Gross Profit Margin	64,52 %	81 %	74,82 %	71,68 %