Andfjord Salmon Group As · OSL:ANDF
Andfjord Salmon Group As — Q1 2023 Earnings Presentation
11 slides from Andfjord Salmon Group As's earnings presentation, May 25, 2023
Slide 1: Q1 2023 Status and Progress
Q1 2023 STATUS AND PROGRESS 25 MAY 2023
Slide 2: Our Vision and Our Mission
y : f OUR 4 OUR | VISION @ A MISSION ‘ ) 44 fas N\A BUILDING THE | \ i, VWWORLD'S MOST. ES FISH-FRIENDLY TENTS AND SUSTAINABLE VIA Dh LEAR raciuryor CONSCIENCE ITS KIND
Slide 3: Strong Growth
Q1 2023 STRONG GROWTH 4500 AVERAGE WEIGHT PER FISH (GRAMS) STRONG GROWTH – 40% AHEAD OF 4000 CONVENTIONAL FARMING Average weight (actual) 3500 • Weight 25 May: 3244 grams Average weight (forecast) 3244 3000 • Fish displays healthy appetite and Skretting’s growth table 2850 for ocean net pen natural
Slide 4: Industry-Leading Survival Rate
Q1 2023 INDUSTRYLEADING SURVIVAL RATE • Proves excellent biology and that fish thrives in pool RESEARCH REPORT • Monthly mortality rate lower in H1 2023 (0.1%) vs H2 2022 (0.25%) • Survival rate 25 May: 97,9% • Written by the Norwegian food research institute – Nofima • Based on first six months of
Slide 5: Invest with a Clear Conscience
Q1 2023 INVEST WITH A CLEAR CONSCIENCE
Slide 6: Statement of Comprehensive Income
Q1 2023 STATEMENT OF COMPREHENSIVE INCOME All amounts in 1000 NOK Statement of comprehensive income Q1 2023 Q1 2022 2022 1.1 – 31.3 1.1 – 31.3 1.1 – 31.12 Unaudited Unaudited Operating income and expenses Other income 0 32 113 Total operating income 0 32 113 Change in biological assets at cost and o
Slide 7: Statement of Financial Position
Q1 2023 STATEMENT OF FINANCIAL POSITION All amounts in 1000 NOK Assets 31.03.2023 - Unaudited 31.12.2022 31.03.2022 - Unaudited Intangible assets 10 678 8 556 2 751 Property, plant & equipment 499 937 498 386 436 220 Right-of-use assets 21 278 22 539 24 316 Other non-current assets 80 89 115 Total n
Slide 8: Statement of Financial Position
Q1 2023 STATEMENT OF FINANCIAL POSITION All amounts in 1000 NOK Equity and liabilities 31.03.2023 - Unaudited 31.12.2022 31.03.2022 - Unaudited Total equity 462 972 475 704 350 335 Borrowings 66 541 67 375 30 000 Lease liabilities 12 326 13 296 15 457 Other long-term liabilities 0 0 375 Total non-cu
Slide 9: Statement of Cash Flows
Q1 2023 STATEMENT OF CASH FLOWS All amounts in 1000 NOK Statement of cash flows Q1 2023 Q1 2022 2022 1.1 – 31.3 1.1 – 31.3 1.1 – 31.12 Unaudited Unaudited Net cash flow from operating activities -14 297 -15 863 -88 443 Net cash flow from investing activities -13 313 -18 286 -90 702 Net cash flow fro
Slide 10: On Track to Build the World's Most Fish-Friendly and Sustainable Facility
Q1 2023 ON TRACK TO BUILD THE THE WORLD’S MOST FISH-FRIENDLY AND SUSTAINABLE FACILITY
Slide 11: Andfjord Salmon AS
ANDFJORD SALMON AS KVALNES, ANDØYA, NORWAY FOLLOW OUR SALMON: ANDFJORDSALMON.COM ANDFJORD.NO POST@ANDFJORD.NO