MØRENOT AQUACULTURE AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−20,66 %

Current Ratio

0,9

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	478 246 000	539 294 000	587 755 000	500 028 000
Net Income	−57 630 000	−22 805 000	−13 869 000	−18 549 000
Total Assets	602 170 000	647 063 000	731 872 000	805 542 000
Total Equity	278 909 000	290 177 000	336 289 000	206 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	478 246 000	539 294 000	587 755 000	500 028 000
Expenditure	536 747 000	553 049 000	581 045 000	511 959 000
Operating Profit	−58 500 000	−13 841 000	6 709 000	−11 931 000
Financial Income	9 603 000	9 157 000	29 643 000	6 424 000
Financial Costs	24 349 000	23 954 000	48 320 000	18 002 000
Financial Balance	−14 746 000	−14 797 000	−18 677 000	−11 578 000
Earnings Before Tax	−73 246 000	−28 639 000	−11 968 000	−23 509 000
Tax	−15 616 000	−5 834 000	1 901 000	−4 960 000
Net Income	−57 630 000	−22 805 000	−13 869 000	−18 549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	420 768 000	433 664 000	538 551 000	455 538 000
Total Current Assets	181 402 000	213 399 000	193 322 000	350 005 000
Total Assets	602 170 000	647 063 000	731 872 000	805 542 000
Total Retained Equity	18 743 000	30 012 000	75 999 000	83 474 000
Total Equity	278 909 000	290 177 000	336 289 000	206 167 000
Total Long-Term Debt	121 620 000	115 111 000	132 146 000	346 124 000
Total Current Debt	201 641 000	241 775 000	263 437 000	253 251 000
Total Equity and Debt	602 170 000	647 063 000	731 872 000	805 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 298 000	535 406 000	586 451 000	496 449 000
Other Income	6 949 000	3 888 000	1 303 000	3 578 000
Revenue	478 246 000	539 294 000	587 755 000	500 028 000
Cost of Goods Sold	315 153 000	319 541 000	363 529 000	304 691 000
Salary Costs	102 959 000	107 671 000	103 266 000	95 381 000
Depreciation	35 073 000	36 874 000	35 069 000	29 696 000
Impairment	0	0	0	0
Expenditure	536 747 000	553 049 000	581 045 000	511 959 000
Operating Profit	−58 500 000	−13 841 000	6 709 000	−11 931 000
Financial Income	9 603 000	9 157 000	29 643 000	6 424 000
Financial Costs	24 349 000	23 954 000	48 320 000	18 002 000
Financial Balance	−14 746 000	−14 797 000	−18 677 000	−11 578 000
Dividends	0	0	0	0
Net Income	−57 630 000	−22 805 000	−13 869 000	−18 549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 006 000	15 115 000	17 224 000	19 333 000
Total Intangible Assets	28 197 000	26 338 000	24 974 000	27 539 000
Real Eastate	97 659 000	103 065 000	145 406 000	151 065 000
Machinery and Plant Facilities	70 899 000	35 043 000	42 073 000	34 950 000
Fixtures	933 000	49 331 000	49 104 000	54 377 000
Total Tangible Assets	169 490 000	187 439 000	236 583 000	240 393 000
Total Fiancial Fixed Assets	223 081 000	219 887 000	276 994 000	187 606 000
Total Fixed Assets	420 768 000	433 664 000	538 551 000	455 538 000
Stock	69 384 000	75 109 000	90 810 000	87 061 000
Total Investments	0	0	0	0
Cash, Bank	3 252 000	4 077 000	3 613 000	8 951 000
Total Current Assets	181 402 000	213 399 000	193 322 000	350 005 000
Total Assets	602 170 000	647 063 000	731 872 000	805 542 000
Total Equity	278 909 000	290 177 000	336 289 000	206 167 000
Short-Term Group Debt	75 956 000	125 007 000	112 101 000	145 229 000
Total Long-Term Debt	121 620 000	115 111 000	132 146 000	346 124 000
Creditors	85 417 000	82 300 000	129 648 000	72 648 000
Unpaid Taxes	8 571 000	14 341 000	5 756 000	5 694 000
Dividends	0	0	0	0
Other Current Debt	31 697 000	20 127 000	15 755 000	29 681 000
Total Current Debt	201 641 000	241 775 000	263 437 000	253 251 000
Total Equity and Debt	602 170 000	647 063 000	731 872 000	805 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,66 %	−7,86 %	−4,12 %	−9 %
Debt-to-Equity Ratio	0,44	0,4	0,39	1,68
Operating Profit Margin	−12,23 %	−2,57 %	1,14 %	−2,39 %
Current Ratio	0,9	0,88	0,73	1,38
Quick Ratio	1,37	1,28	1,12	2,11
Equity Ratio	0,46	0,45	0,46	0,26
Gross Profit Margin	34,1 %	40,75 %	38,15 %	39,07 %