AKVAKULTUR I VESTERÅLEN AS

8406 SORTLAND

Finances

Return on Equity

13,83 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 981 000	156 547 000	112 903 000	129 860 000
Net Income	6 636 000	10 089 000	1 423 000	16 090 000
Total Assets	90 387 000	56 942 000	75 293 000	86 005 000
Total Equity	47 983 000	38 129 000	28 040 000	60 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 981 000	156 547 000	112 903 000	129 860 000
Expenditure	141 350 000	145 242 000	108 847 000	111 077 000
Operating Profit	8 449 000	12 923 000	1 821 000	20 447 000
Financial Income	80 000	23 000	57 000	185 000
Financial Costs	0	0	32 000	0
Financial Balance	80 000	23 000	25 000	185 000
Earnings Before Tax	8 529 000	12 946 000	1 846 000	20 631 000
Tax	1 892 000	2 857 000	424 000	4 542 000
Net Income	6 636 000	10 089 000	1 423 000	16 090 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 620 000	5 207 000	3 712 000	4 229 000
Total Current Assets	84 768 000	51 735 000	71 581 000	81 776 000
Total Assets	90 387 000	56 942 000	75 293 000	86 005 000
Total Retained Equity	21 710 000	15 073 000	4 985 000	37 076 000
Total Equity	47 983 000	38 129 000	28 040 000	60 132 000
Total Long-Term Debt	8 951 000	6 151 000	5 793 000	6 361 000
Total Current Debt	33 453 000	12 662 000	41 460 000	19 512 000
Total Equity and Debt	90 387 000	56 942 000	75 293 000	86 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 981 000	156 547 000	112 903 000	129 833 000
Other Income	1 000 000	0	0	27 000
Revenue	137 981 000	156 547 000	112 903 000	129 860 000
Cost of Goods Sold	133 329 000	138 210 000	103 668 000	105 344 000
Salary Costs	3 004 000	2 853 000	2 234 000	2 202 000
Depreciation	674 000	637 000	719 000	721 000
Impairment	0	0	0	0
Expenditure	141 350 000	145 242 000	108 847 000	111 077 000
Operating Profit	8 449 000	12 923 000	1 821 000	20 447 000
Financial Income	80 000	23 000	57 000	185 000
Financial Costs	0	0	32 000	0
Financial Balance	80 000	23 000	25 000	185 000
Dividends	0	0	30 000 000	0
Net Income	6 636 000	10 089 000	1 423 000	16 090 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 920 000	3 146 000	3 093 000	3 424 000
Machinery and Plant Facilities	899 000	382 000	509 000	469 000
Fixtures	104 000	26 000	24 000	45 000
Total Tangible Assets	5 523 000	5 111 000	3 711 000	4 227 000
Total Fiancial Fixed Assets	97 000	97 000	2 000	2 000
Total Fixed Assets	5 620 000	5 207 000	3 712 000	4 229 000
Stock	41 253 000	29 435 000	27 818 000	30 053 000
Total Investments	0	0	0	0
Cash, Bank	679 000	4 683 000	15 268 000	11 581 000
Total Current Assets	84 768 000	51 735 000	71 581 000	81 776 000
Total Assets	90 387 000	56 942 000	75 293 000	86 005 000
Total Equity	47 983 000	38 129 000	28 040 000	60 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 951 000	6 151 000	5 793 000	6 361 000
Creditors	29 085 000	5 329 000	276 000	2 685 000
Unpaid Taxes	4 039 000	4 154 000	6 229 000	109 000
Dividends	0	0	30 000 000	0
Other Current Debt	329 000	680 000	4 955 000	12 465 000
Total Current Debt	33 453 000	12 662 000	41 460 000	19 512 000
Total Equity and Debt	90 387 000	56 942 000	75 293 000	86 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,83 %	26,46 %	5,07 %	26,76 %
Debt-to-Equity Ratio	0,19	0,16	0,21	0,11
Operating Profit Margin	6,12 %	8,26 %	1,61 %	15,75 %
Current Ratio	2,53	4,09	1,73	4,19
Quick Ratio	−10,87	−3,08	5,25	−7,76
Equity Ratio	0,53	0,67	0,37	0,7
Gross Profit Margin	3,37 %	11,71 %	8,18 %	18,88 %