Note 6 Revenue DETAILS OF REVENUE FOR THE PERIOD 1 JANUARY TO 31 DECEMBER 2021: Amounts in EUR thousand Fiven Norway Fiven Brazil Fiven Belgium Total Standard products 16 812 54 595 15 938 87 345 Specialized products 39 420 674 - 40 094 Total revenue 56 232 55 269 15 938 127 439 DETAILS OF REVENUE FOR THE PERIOD 1 JANUARY TO 31 DECEMBER 2020: Amounts in EUR thousand Fiven Norway Fiven Brazil Fiven Belgium Total Standard products 11 079 34 582 16 876 62 537 Specialized products 36 255 417 - 36 671 Total revenue 47 332 34 999 16 876 99 208 Sales are recognized in income at the expected value of the consideration after deducting benefits to customers, mainly estimated bonus payments. At 31.12.2021 the accrued, unpaid bonus was 155 kEUR compared to 123 kEUR at 31.12.2020. REVENUE FROM CONTRACTS WITH CUSTOMERS BASED ON CUSTOMER LOCATION: Amounts in EUR thousand 2021 2020 Europe 58 546 49 604 Asia 7 933 7 937 North America 18 678 16 865 South America 42 264 24 802 Other 18 - Total revenue 127 439 99 208 Fiven has several large customers, of which top 10 customers accounted for 48 percent of revenues in 2021. Fiven Annual Report 2021 46 Financial statements
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