SALTY ELEMENT AS

9136 VANNAREID

Finances

Return on Equity

149,48 %

Current Ratio

0,8

Debt-to-Equity Ratio

7,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 441 000	1 204 000	0	0
Net Income	429 000	−72 000	−648 000	−6 000
Total Assets	3 583 000	3 613 000	30 000	30 000
Total Equity	287 000	−142 000	−623 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 441 000	1 204 000	0	0
Expenditure	2 878 000	1 258 000	0	6 000
Operating Profit	563 000	−54 000	0	−6 000
Financial Income	38 000	16 000	0	0
Financial Costs	72 000	34 000	0	0
Financial Balance	−34 000	−18 000	0	0
Earnings Before Tax	529 000	−72 000	0	−6 000
Tax	100 000	0	648 000	0
Net Income	429 000	−72 000	−648 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 693 000	3 008 000	0	0
Total Current Assets	890 000	605 000	30 000	30 000
Total Assets	3 583 000	3 613 000	30 000	30 000
Total Retained Equity	257 000	−172 000	−653 000	−6 000
Total Equity	287 000	−142 000	−623 000	24 000
Total Long-Term Debt	2 188 000	2 354 000	−22 000	0
Total Current Debt	1 108 000	1 401 000	675 000	6 000
Total Equity and Debt	3 583 000	3 613 000	30 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 276 000	1 205 000	0	0
Other Income	164 000	−1 000	0	0
Revenue	3 441 000	1 204 000	0	0
Cost of Goods Sold	589 000	2 000	−72 000	0
Salary Costs	125 000	120 000	0	0
Depreciation	315 000	292 000	0	0
Impairment	0	0	0	0
Expenditure	2 878 000	1 258 000	0	6 000
Operating Profit	563 000	−54 000	0	−6 000
Financial Income	38 000	16 000	0	0
Financial Costs	72 000	34 000	0	0
Financial Balance	−34 000	−18 000	0	0
Dividends	0	0	0	0
Net Income	429 000	−72 000	−648 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 455 000	1 536 000	0	0
Machinery and Plant Facilities	10 000	13 000	0	0
Fixtures	138 000	155 000	0	0
Total Tangible Assets	2 693 000	3 008 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 693 000	3 008 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	191 000	30 000	30 000
Total Current Assets	890 000	605 000	30 000	30 000
Total Assets	3 583 000	3 613 000	30 000	30 000
Total Equity	287 000	−142 000	−623 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 188 000	2 354 000	−22 000	0
Creditors	2 000	17 000	6 000	6 000
Unpaid Taxes	−6 000	19 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 197 000	1 549 000	0	0
Total Current Debt	1 108 000	1 401 000	675 000	6 000
Total Equity and Debt	3 583 000	3 613 000	30 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,48 %	50,7 %	104,01 %	−25 %
Debt-to-Equity Ratio	7,62	−16,58	0,04	0
Operating Profit Margin	16,36 %	−4,49 %	-	-
Current Ratio	0,8	0,43	0,04	5
Quick Ratio	0,8	0,43	0,04	5
Equity Ratio	0,08	−0,04	−20,77	0,8
Gross Profit Margin	82,88 %	99,83 %	-	-