Fiven Annual Report 2020

Note 21 Cash and cash equivalents Amounts in EUR thousand 31.12.2020 31.12.2019 Cash and bank deposits (unrestricted) 22,738 13,845 Cash equivalents - - Restricted cash and bank deposits 277 927 Total cash and cash equivalents 23,016 14,771 Restricted cash relates to factoring liabilities, bank deposits in favor of the Norwegian Government Environment Agency and employee withholding tax. Note 22 Interest bearing liabilities Carrying amount Amounts in EUR thousand Interest rate Maturity date 31:12:20 31:12:19 Secured Senior secured floating rate bond EURIBOR 3M+7.75% 05.apr.22 55,598 54,967 Factoring financing/Export financing 3% - 9,785 5,526 Obligations under leases (IFRS 16) - 3,788 4,081 Total secured interest-bearing liabilities 69,172 64,575 Unsecured Shareholder loan 1) EURIBOR 3M+8.10% 06.apr.22 34,733 33,786 Total unsecured interest-bearing liabilities 34,733 33,786 Total debt 103,904 98,360 Current interest bearing debt -10,990 -7,021 Total non-current interest bearing-liabilities 92,914 91,339 1) Interest is capitalized annually and added to the loan and thereafter bear interest. Fiven Annual Report 2020 60   Financial statements