ORGANIC SEAFARM AS

8120 NYGÅRDSJØEN

Finances

Share Ownership

Return on Equity

37,81 %

Current Ratio

1,23

Debt-to-Equity Ratio

13,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 251 000	47 930 000	54 354 000	41 114 000
Net Income	10 035 000	−1 285 000	2 874 000	4 183 000
Total Assets	428 033 000	96 046 000	67 771 000	43 672 000
Total Equity	26 544 000	16 508 000	17 793 000	14 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 251 000	47 930 000	54 354 000	41 114 000
Expenditure	63 074 000	52 730 000	56 059 000	46 877 000
Operating Profit	13 503 000	−1 409 000	3 633 000	5 306 000
Financial Income	153 000	126 000	79 000	70 000
Financial Costs	791 000	364 000	27 000	14 000
Financial Balance	−638 000	−238 000	52 000	56 000
Earnings Before Tax	12 866 000	−1 647 000	3 685 000	5 362 000
Tax	2 830 000	−362 000	811 000	1 180 000
Net Income	10 035 000	−1 285 000	2 874 000	4 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 524 000	34 579 000	23 195 000	442 000
Total Current Assets	57 509 000	61 466 000	44 576 000	43 230 000
Total Assets	428 033 000	96 046 000	67 771 000	43 672 000
Total Retained Equity	26 444 000	16 408 000	17 693 000	14 819 000
Total Equity	26 544 000	16 508 000	17 793 000	14 919 000
Total Long-Term Debt	354 617 000	26 721 000	27 084 000	4 230 000
Total Current Debt	46 872 000	52 816 000	22 894 000	24 524 000
Total Equity and Debt	428 033 000	96 046 000	67 771 000	43 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 251 000	47 930 000	54 354 000	41 114 000
Other Income	0	0	0	0
Revenue	76 251 000	47 930 000	54 354 000	41 114 000
Cost of Goods Sold	32 747 000	33 290 000	34 436 000	27 294 000
Salary Costs	7 142 000	6 157 000	4 482 000	3 681 000
Depreciation	2 807 000	728 000	54 000	2 000
Impairment	0	0	0	0
Expenditure	63 074 000	52 730 000	56 059 000	46 877 000
Operating Profit	13 503 000	−1 409 000	3 633 000	5 306 000
Financial Income	153 000	126 000	79 000	70 000
Financial Costs	791 000	364 000	27 000	14 000
Financial Balance	−638 000	−238 000	52 000	56 000
Dividends	0	0	0	0
Net Income	10 035 000	−1 285 000	2 874 000	4 183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	352 168 000	24 698 000	22 498 000	400 000
Real Eastate	637 000	207 000	0	0
Machinery and Plant Facilities	8 596 000	4 893 000	697 000	42 000
Fixtures	7 898 000	3 386 000	0	0
Total Tangible Assets	18 356 000	9 881 000	697 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	370 524 000	34 579 000	23 195 000	442 000
Stock	35 666 000	36 229 000	32 886 000	27 789 000
Total Investments	0	0	0	0
Cash, Bank	11 440 000	290 000	5 094 000	6 766 000
Total Current Assets	57 509 000	61 466 000	44 576 000	43 230 000
Total Assets	428 033 000	96 046 000	67 771 000	43 672 000
Total Equity	26 544 000	16 508 000	17 793 000	14 919 000
Short-Term Group Debt	34 673 000	37 452 000	19 603 000	17 089 000
Total Long-Term Debt	354 617 000	26 721 000	27 084 000	4 230 000
Creditors	11 020 000	12 049 000	1 273 000	2 433 000
Unpaid Taxes	345 000	1 758 000	1 264 000	1 209 000
Dividends	0	0	0	0
Other Current Debt	835 000	1 557 000	754 000	3 793 000
Total Current Debt	46 872 000	52 816 000	22 894 000	24 524 000
Total Equity and Debt	428 033 000	96 046 000	67 771 000	43 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,81 %	−7,78 %	16,15 %	28,04 %
Debt-to-Equity Ratio	13,36	1,62	1,52	0,28
Operating Profit Margin	17,71 %	−2,94 %	6,68 %	12,91 %
Current Ratio	1,23	1,16	1,95	1,76
Quick Ratio	5,13	3,71	−4,46	−13,24
Equity Ratio	0,06	0,17	0,26	0,34
Gross Profit Margin	57,05 %	30,54 %	36,64 %	33,61 %