AQUACULTURE INNOVATION AS

8909 BRØNNØYSUND

Finances

Return on Equity

−0,29 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 593 000	4 387 000	3 634 000	14 103 000
Net Income	−253 000	−2 445 000	−1 339 000	−3 351 000
Total Assets	114 432 000	98 311 000	30 372 000	31 459 000
Total Equity	88 386 000	88 639 000	11 084 000	12 423 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 593 000	4 387 000	3 634 000	14 103 000
Expenditure	5 957 000	7 418 000	4 690 000	19 111 000
Operating Profit	−364 000	−3 030 000	−1 056 000	−5 007 000
Financial Income	503 000	150 000	62 000	649 000
Financial Costs	464 000	267 000	724 000	80 000
Financial Balance	39 000	−117 000	−662 000	569 000
Earnings Before Tax	−325 000	−3 146 000	−1 718 000	−4 439 000
Tax	−71 000	−701 000	−379 000	−1 087 000
Net Income	−253 000	−2 445 000	−1 339 000	−3 351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 034 000	74 837 000	28 506 000	26 588 000
Total Current Assets	1 398 000	23 474 000	1 866 000	4 871 000
Total Assets	114 432 000	98 311 000	30 372 000	31 459 000
Total Retained Equity	−7 842 000	−7 588 000	−5 144 000	−3 805 000
Total Equity	88 386 000	88 639 000	11 084 000	12 423 000
Total Long-Term Debt	25 167 000	0	0	13 480 000
Total Current Debt	879 000	9 672 000	19 288 000	5 556 000
Total Equity and Debt	114 432 000	98 311 000	30 372 000	31 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	245 000	1 255 000	12 264 000
Other Income	5 593 000	4 142 000	2 379 000	1 839 000
Revenue	5 593 000	4 387 000	3 634 000	14 103 000
Cost of Goods Sold	0	917 000	156 000	11 601 000
Salary Costs	3 859 000	3 026 000	2 499 000	3 789 000
Depreciation	80 000	48 000	55 000	225 000
Impairment	0	0	0	0
Expenditure	5 957 000	7 418 000	4 690 000	19 111 000
Operating Profit	−364 000	−3 030 000	−1 056 000	−5 007 000
Financial Income	503 000	150 000	62 000	649 000
Financial Costs	464 000	267 000	724 000	80 000
Financial Balance	39 000	−117 000	−662 000	569 000
Dividends	0	0	0	0
Net Income	−253 000	−2 445 000	−1 339 000	−3 351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 205 000	1 134 000	433 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	378 000	451 000	270 000	325 000
Total Tangible Assets	378 000	451 000	270 000	325 000
Total Fiancial Fixed Assets	111 451 000	73 253 000	27 803 000	26 209 000
Total Fixed Assets	113 034 000	74 837 000	28 506 000	26 588 000
Stock	0	0	0	145 000
Total Investments	0	0	0	0
Cash, Bank	1 216 000	20 698 000	322 000	351 000
Total Current Assets	1 398 000	23 474 000	1 866 000	4 871 000
Total Assets	114 432 000	98 311 000	30 372 000	31 459 000
Total Equity	88 386 000	88 639 000	11 084 000	12 423 000
Short-Term Group Debt	35 000	8 105 000	18 409 000	183 000
Total Long-Term Debt	25 167 000	0	0	13 480 000
Creditors	138 000	545 000	49 000	2 983 000
Unpaid Taxes	350 000	203 000	511 000	451 000
Dividends	0	0	0	0
Other Current Debt	356 000	819 000	319 000	1 939 000
Total Current Debt	879 000	9 672 000	19 288 000	5 556 000
Total Equity and Debt	114 432 000	98 311 000	30 372 000	31 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,29 %	−2,76 %	−12,08 %	−26,97 %
Debt-to-Equity Ratio	0,28	0	0	1,09
Operating Profit Margin	−6,51 %	−69,07 %	−29,06 %	−35,5 %
Current Ratio	1,59	2,43	0,1	0,88
Quick Ratio	1,59	2,43	0,1	0,9
Equity Ratio	0,77	0,9	0,36	0,39
Gross Profit Margin	100 %	79,1 %	95,71 %	17,74 %