ORION SEAFOOD AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

11,54 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 636 000	24 439 000	73 595 000	47 133 000
Net Income	1 003 000	891 000	2 729 000	3 432 000
Total Assets	15 253 000	10 599 000	9 793 000	12 342 000
Total Equity	8 691 000	8 689 000	8 798 000	6 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 636 000	24 439 000	73 595 000	47 133 000
Expenditure	17 674 000	23 221 000	70 579 000	42 884 000
Operating Profit	962 000	1 218 000	3 016 000	4 249 000
Financial Income	679 000	547 000	875 000	166 000
Financial Costs	347 000	616 000	390 000	11 000
Financial Balance	332 000	−69 000	485 000	155 000
Earnings Before Tax	1 294 000	1 149 000	3 501 000	4 403 000
Tax	291 000	259 000	771 000	972 000
Net Income	1 003 000	891 000	2 729 000	3 432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	253 000	305 000	42 000
Total Current Assets	15 049 000	10 345 000	9 488 000	12 300 000
Total Assets	15 253 000	10 599 000	9 793 000	12 342 000
Total Retained Equity	8 591 000	8 589 000	8 698 000	5 969 000
Total Equity	8 691 000	8 689 000	8 798 000	6 069 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 562 000	1 910 000	995 000	6 273 000
Total Equity and Debt	15 253 000	10 599 000	9 793 000	12 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 636 000	24 439 000	73 595 000	47 133 000
Other Income	0	0	0	0
Revenue	18 636 000	24 439 000	73 595 000	47 133 000
Cost of Goods Sold	16 752 000	21 750 000	69 120 000	41 595 000
Salary Costs	488 000	976 000	1 037 000	897 000
Depreciation	43 000	43 000	31 000	0
Impairment	0	0	0	0
Expenditure	17 674 000	23 221 000	70 579 000	42 884 000
Operating Profit	962 000	1 218 000	3 016 000	4 249 000
Financial Income	679 000	547 000	875 000	166 000
Financial Costs	347 000	616 000	390 000	11 000
Financial Balance	332 000	−69 000	485 000	155 000
Dividends	1 000 000	1 000 000	0	3 000 000
Net Income	1 003 000	891 000	2 729 000	3 432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	18 000	26 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	192 000	236 000	279 000	0
Total Tangible Assets	192 000	236 000	279 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	253 000	305 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 918 000	10 167 000	9 228 000	12 091 000
Total Current Assets	15 049 000	10 345 000	9 488 000	12 300 000
Total Assets	15 253 000	10 599 000	9 793 000	12 342 000
Total Equity	8 691 000	8 689 000	8 798 000	6 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 216 000	18 000	0	103 000
Unpaid Taxes	31 000	142 000	129 000	56 000
Dividends	1 000 000	1 000 000	0	3 000 000
Other Current Debt	1 029 000	499 000	111 000	2 153 000
Total Current Debt	6 562 000	1 910 000	995 000	6 273 000
Total Equity and Debt	15 253 000	10 599 000	9 793 000	12 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,54 %	10,25 %	31,02 %	56,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,16 %	4,98 %	4,1 %	9,01 %
Current Ratio	2,29	5,42	9,54	1,96
Quick Ratio	2,29	5,42	9,54	1,96
Equity Ratio	0,57	0,82	0,9	0,49
Gross Profit Margin	10,11 %	11 %	6,08 %	11,75 %