SALT LIFE AS

8800 SANDNESSJØEN

Finances

Return on Equity

−453,33 %

Current Ratio

1,9

Debt-to-Equity Ratio

212,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 116 000	15 056 000	10 554 000	4 010 000
Net Income	−272 000	14 000	−227 000	227 000
Total Assets	16 170 000	17 950 000	12 764 000	6 662 000
Total Equity	60 000	332 000	318 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 116 000	15 056 000	10 554 000	4 010 000
Expenditure	18 140 000	13 882 000	10 169 000	3 707 000
Operating Profit	1 975 000	1 174 000	385 000	302 000
Financial Income	0	0	2 000	0
Financial Costs	1 858 000	977 000	614 000	75 000
Financial Balance	−1 858 000	−977 000	−612 000	−75 000
Earnings Before Tax	117 000	197 000	−227 000	227 000
Tax	389 000	183 000	0	0
Net Income	−272 000	14 000	−227 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 825 000	13 594 000	11 381 000	5 324 000
Total Current Assets	6 345 000	4 356 000	1 383 000	1 339 000
Total Assets	16 170 000	17 950 000	12 764 000	6 662 000
Total Retained Equity	−838 000	−566 000	−580 000	−353 000
Total Equity	60 000	332 000	318 000	545 000
Total Long-Term Debt	12 766 000	13 942 000	10 459 000	884 000
Total Current Debt	3 343 000	3 676 000	1 987 000	5 233 000
Total Equity and Debt	16 170 000	17 950 000	12 764 000	6 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 939 000	8 194 000	493 000	48 000
Other Income	7 177 000	6 862 000	10 061 000	3 962 000
Revenue	20 116 000	15 056 000	10 554 000	4 010 000
Cost of Goods Sold	49 000	3 000	50 000	374 000
Salary Costs	7 302 000	5 682 000	3 542 000	1 032 000
Depreciation	3 812 000	3 618 000	2 350 000	586 000
Impairment	0	0	747 000	0
Expenditure	18 140 000	13 882 000	10 169 000	3 707 000
Operating Profit	1 975 000	1 174 000	385 000	302 000
Financial Income	0	0	2 000	0
Financial Costs	1 858 000	977 000	614 000	75 000
Financial Balance	−1 858 000	−977 000	−612 000	−75 000
Dividends	0	0	0	0
Net Income	−272 000	14 000	−227 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	150 000	300 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	89 000	5 202 000	0	0
Fixtures	23 000	38 000	75 000	571 000
Total Tangible Assets	9 752 000	13 564 000	11 201 000	4 994 000
Total Fiancial Fixed Assets	73 000	30 000	30 000	30 000
Total Fixed Assets	9 825 000	13 594 000	11 381 000	5 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	707 000	632 000	207 000
Total Current Assets	6 345 000	4 356 000	1 383 000	1 339 000
Total Assets	16 170 000	17 950 000	12 764 000	6 662 000
Total Equity	60 000	332 000	318 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 766 000	13 942 000	10 459 000	884 000
Creditors	1 291 000	1 145 000	1 181 000	4 560 000
Unpaid Taxes	846 000	1 170 000	207 000	237 000
Dividends	0	0	0	0
Other Current Debt	818 000	1 178 000	599 000	436 000
Total Current Debt	3 343 000	3 676 000	1 987 000	5 233 000
Total Equity and Debt	16 170 000	17 950 000	12 764 000	6 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−453,33 %	4,22 %	−71,38 %	41,65 %
Debt-to-Equity Ratio	212,77	41,99	32,89	1,62
Operating Profit Margin	9,82 %	7,8 %	3,65 %	7,53 %
Current Ratio	1,9	1,18	0,7	0,26
Quick Ratio	1,9	1,18	0,7	0,26
Equity Ratio	0	0,02	0,02	0,08
Gross Profit Margin	99,76 %	99,98 %	99,53 %	90,67 %