ARCTIC SALT AS

8056 SALTSTRAUMEN

Finances

Share Ownership

Return on Equity

−136,1 %

Current Ratio

0,88

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 168 000	919 000	778 000	1 333 000
Net Income	−328 000	−120 000	−119 000	269 000
Total Assets	802 000	1 463 000	1 067 000	1 207 000
Total Equity	241 000	569 000	689 000	808 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 168 000	919 000	778 000	1 333 000
Expenditure	1 474 000	1 007 000	877 000	1 042 000
Operating Profit	−305 000	−89 000	−98 000	291 000
Financial Income	−1 000	0	1 000	0
Financial Costs	21 000	32 000	22 000	22 000
Financial Balance	−22 000	−32 000	−21 000	−22 000
Earnings Before Tax	−328 000	−120 000	−119 000	269 000
Tax	0	0	0	0
Net Income	−328 000	−120 000	−119 000	269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	529 000	602 000	706 000	852 000
Total Current Assets	273 000	861 000	361 000	355 000
Total Assets	802 000	1 463 000	1 067 000	1 207 000
Total Retained Equity	−1 536 000	−1 208 000	−1 087 000	−968 000
Total Equity	241 000	569 000	689 000	808 000
Total Long-Term Debt	250 000	751 000	158 000	203 000
Total Current Debt	311 000	143 000	219 000	196 000
Total Equity and Debt	802 000	1 463 000	1 067 000	1 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 138 000	624 000	684 000	1 297 000
Other Income	30 000	296 000	94 000	35 000
Revenue	1 168 000	919 000	778 000	1 333 000
Cost of Goods Sold	611 000	197 000	188 000	330 000
Salary Costs	135 000	27 000	13 000	29 000
Depreciation	89 000	104 000	107 000	111 000
Impairment	0	0	0	0
Expenditure	1 474 000	1 007 000	877 000	1 042 000
Operating Profit	−305 000	−89 000	−98 000	291 000
Financial Income	−1 000	0	1 000	0
Financial Costs	21 000	32 000	22 000	22 000
Financial Balance	−22 000	−32 000	−21 000	−22 000
Dividends	0	0	0	0
Net Income	−328 000	−120 000	−119 000	269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	513 000	602 000	706 000	852 000
Total Tangible Assets	513 000	602 000	706 000	852 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	529 000	602 000	706 000	852 000
Stock	166 000	288 000	232 000	223 000
Total Investments	0	0	0	0
Cash, Bank	30 000	422 000	8 000	27 000
Total Current Assets	273 000	861 000	361 000	355 000
Total Assets	802 000	1 463 000	1 067 000	1 207 000
Total Equity	241 000	569 000	689 000	808 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	751 000	158 000	203 000
Creditors	177 000	134 000	81 000	82 000
Unpaid Taxes	37 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	8 000	8 000	7 000
Total Current Debt	311 000	143 000	219 000	196 000
Total Equity and Debt	802 000	1 463 000	1 067 000	1 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,1 %	−21,09 %	−17,27 %	33,29 %
Debt-to-Equity Ratio	1,04	1,32	0,23	0,25
Operating Profit Margin	−26,11 %	−9,68 %	−12,6 %	21,83 %
Current Ratio	0,88	6,02	1,65	1,81
Quick Ratio	1,88	−5,94	−27,77	−13,15
Equity Ratio	0,3	0,39	0,65	0,67
Gross Profit Margin	47,69 %	78,56 %	75,84 %	75,24 %