NORTH SEA SEAFOOD AS

5035 BERGEN

Finances

Return on Equity

26,28 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 211 132 000	2 088 048 000	1 275 485 000	1 093 714 000
Net Income	28 829 000	4 692 000	19 737 000	24 555 000
Total Assets	811 510 000	591 393 000	458 948 000	354 523 000
Total Equity	109 699 000	91 870 000	89 178 000	78 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 211 132 000	2 088 048 000	1 275 485 000	1 093 714 000
Expenditure	3 158 976 000	2 073 617 000	1 249 246 000	1 061 423 000
Operating Profit	52 156 000	14 431 000	26 240 000	32 292 000
Financial Income	97 272 000	62 457 000	73 438 000	34 199 000
Financial Costs	110 797 000	71 156 000	74 496 000	35 569 000
Financial Balance	−13 525 000	−8 699 000	−1 058 000	−1 370 000
Earnings Before Tax	38 632 000	5 733 000	25 181 000	30 923 000
Tax	9 803 000	1 040 000	5 444 000	6 368 000
Net Income	28 829 000	4 692 000	19 737 000	24 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 393 000	58 899 000	44 379 000	35 095 000
Total Current Assets	744 117 000	532 495 000	414 569 000	319 428 000
Total Assets	811 510 000	591 393 000	458 948 000	354 523 000
Total Retained Equity	108 699 000	90 870 000	88 178 000	77 941 000
Total Equity	109 699 000	91 870 000	89 178 000	78 941 000
Total Long-Term Debt	13 888 000	14 853 000	15 680 000	15 665 000
Total Current Debt	687 922 000	484 670 000	354 090 000	259 917 000
Total Equity and Debt	811 510 000	591 393 000	458 948 000	354 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 207 263 000	2 086 896 000	1 273 912 000	1 091 909 000
Other Income	3 869 000	1 152 000	1 573 000	1 806 000
Revenue	3 211 132 000	2 088 048 000	1 275 485 000	1 093 714 000
Cost of Goods Sold	3 080 963 000	2 011 924 000	1 203 992 000	1 015 687 000
Salary Costs	33 632 000	28 105 000	21 640 000	18 503 000
Depreciation	2 336 000	2 149 000	2 000 000	2 070 000
Impairment	2 705 000	430 000	0	0
Expenditure	3 158 976 000	2 073 617 000	1 249 246 000	1 061 423 000
Operating Profit	52 156 000	14 431 000	26 240 000	32 292 000
Financial Income	97 272 000	62 457 000	73 438 000	34 199 000
Financial Costs	110 797 000	71 156 000	74 496 000	35 569 000
Financial Balance	−13 525 000	−8 699 000	−1 058 000	−1 370 000
Dividends	0	0	0	0
Net Income	28 829 000	4 692 000	19 737 000	24 555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 806 000	163 000	0	1 046 000
Real Eastate	30 512 000	33 479 000	25 294 000	25 266 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 653 000	5 506 000	3 334 000	4 056 000
Total Tangible Assets	35 165 000	38 986 000	28 629 000	29 322 000
Total Fiancial Fixed Assets	26 421 000	19 750 000	15 750 000	4 727 000
Total Fixed Assets	67 393 000	58 899 000	44 379 000	35 095 000
Stock	290 407 000	135 851 000	91 269 000	82 865 000
Total Investments	1 357 000	9 239 000	8 624 000	16 965 000
Cash, Bank	10 632 000	19 564 000	51 572 000	27 871 000
Total Current Assets	744 117 000	532 495 000	414 569 000	319 428 000
Total Assets	811 510 000	591 393 000	458 948 000	354 523 000
Total Equity	109 699 000	91 870 000	89 178 000	78 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 888 000	14 853 000	15 680 000	15 665 000
Creditors	284 296 000	237 203 000	171 890 000	114 416 000
Unpaid Taxes	10 916 000	2 536 000	2 314 000	927 000
Dividends	0	0	0	0
Other Current Debt	41 301 000	21 924 000	17 033 000	7 229 000
Total Current Debt	687 922 000	484 670 000	354 090 000	259 917 000
Total Equity and Debt	811 510 000	591 393 000	458 948 000	354 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,28 %	5,11 %	22,13 %	31,11 %
Debt-to-Equity Ratio	0,13	0,16	0,18	0,2
Operating Profit Margin	1,62 %	0,69 %	2,06 %	2,95 %
Current Ratio	1,08	1,1	1,17	1,23
Quick Ratio	1,87	1,53	1,58	1,8
Equity Ratio	0,14	0,16	0,19	0,22
Gross Profit Margin	4,05 %	3,65 %	5,61 %	7,13 %