SALTEK AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

8,96 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 212 000	4 214 000	8 696 000	10 254 000
Net Income	163 000	−309 000	279 000	89 000
Total Assets	2 947 000	4 908 000	6 141 000	6 404 000
Total Equity	1 820 000	1 822 000	4 022 000	3 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 212 000	4 214 000	8 696 000	10 254 000
Expenditure	1 043 000	4 363 000	8 356 000	10 204 000
Operating Profit	169 000	−150 000	339 000	50 000
Financial Income	42 000	6 000	23 000	72 000
Financial Costs	1 000	1 000	4 000	6 000
Financial Balance	41 000	5 000	19 000	66 000
Earnings Before Tax	210 000	−145 000	358 000	115 000
Tax	47 000	164 000	79 000	25 000
Net Income	163 000	−309 000	279 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	200 000	238 000
Total Current Assets	2 947 000	4 908 000	5 941 000	6 166 000
Total Assets	2 947 000	4 908 000	6 141 000	6 404 000
Total Retained Equity	820 000	822 000	3 022 000	2 742 000
Total Equity	1 820 000	1 822 000	4 022 000	3 742 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 127 000	3 086 000	2 119 000	2 662 000
Total Equity and Debt	2 947 000	4 908 000	6 141 000	6 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 212 000	4 214 000	8 696 000	10 254 000
Other Income	0	0	0	0
Revenue	1 212 000	4 214 000	8 696 000	10 254 000
Cost of Goods Sold	573 000	209 000	0	1 000
Salary Costs	17 000	2 925 000	5 767 000	6 837 000
Depreciation	0	4 000	4 000	15 000
Impairment	0	0	0	0
Expenditure	1 043 000	4 363 000	8 356 000	10 204 000
Operating Profit	169 000	−150 000	339 000	50 000
Financial Income	42 000	6 000	23 000	72 000
Financial Costs	1 000	1 000	4 000	6 000
Financial Balance	41 000	5 000	19 000	66 000
Dividends	0	2 000 000	0	0
Net Income	163 000	−309 000	279 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	195 000	229 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	9 000
Total Tangible Assets	0	0	4 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	200 000	238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 777 000	2 665 000	5 522 000	4 900 000
Total Current Assets	2 947 000	4 908 000	5 941 000	6 166 000
Total Assets	2 947 000	4 908 000	6 141 000	6 404 000
Total Equity	1 820 000	1 822 000	4 022 000	3 742 000
Short-Term Group Debt	212 000	19 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	55 000	29 000	36 000
Unpaid Taxes	2 000	62 000	696 000	1 009 000
Dividends	0	2 000 000	0	0
Other Current Debt	895 000	950 000	1 348 000	1 589 000
Total Current Debt	1 127 000	3 086 000	2 119 000	2 662 000
Total Equity and Debt	2 947 000	4 908 000	6 141 000	6 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,96 %	−16,96 %	6,94 %	2,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,94 %	−3,56 %	3,9 %	0,49 %
Current Ratio	2,61	1,59	2,8	2,32
Quick Ratio	2,61	1,59	2,8	2,32
Equity Ratio	0,62	0,37	0,65	0,58
Gross Profit Margin	52,72 %	95,04 %	100 %	99,99 %