SALMOSERVE AS

6014 ÅLESUND

Finances

Return on Equity

78,86 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 746 000	46 220 000	44 000 000	36 050 000
Net Income	21 952 000	12 590 000	10 078 000	9 739 000
Total Assets	38 373 000	42 874 000	29 630 000	30 031 000
Total Equity	27 837 000	7 485 000	4 895 000	817 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 746 000	46 220 000	44 000 000	36 050 000
Expenditure	34 085 000	30 561 000	29 191 000	21 947 000
Operating Profit	33 660 000	15 659 000	14 809 000	14 103 000
Financial Income	56 000	665 000	435 000	5 000
Financial Costs	4 345 000	334 000	2 010 000	1 366 000
Financial Balance	−4 289 000	331 000	−1 575 000	−1 361 000
Earnings Before Tax	29 372 000	15 991 000	13 234 000	12 742 000
Tax	7 420 000	3 401 000	3 156 000	3 003 000
Net Income	21 952 000	12 590 000	10 078 000	9 739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 355 000	21 125 000	16 043 000	4 792 000
Total Current Assets	13 017 000	21 749 000	13 588 000	25 240 000
Total Assets	38 373 000	42 874 000	29 630 000	30 031 000
Total Retained Equity	27 809 000	7 457 000	4 867 000	789 000
Total Equity	27 837 000	7 485 000	4 895 000	817 000
Total Long-Term Debt	0	3 000	4 000 000	12 000 000
Total Current Debt	10 536 000	35 386 000	20 735 000	17 215 000
Total Equity and Debt	38 373 000	42 874 000	29 630 000	30 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 746 000	46 220 000	44 000 000	36 050 000
Other Income	0	0	0	0
Revenue	67 746 000	46 220 000	44 000 000	36 050 000
Cost of Goods Sold	19 440 000	210 000	0	38 000
Salary Costs	645 000	639 000	280 000	137 000
Depreciation	12 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	34 085 000	30 561 000	29 191 000	21 947 000
Operating Profit	33 660 000	15 659 000	14 809 000	14 103 000
Financial Income	56 000	665 000	435 000	5 000
Financial Costs	4 345 000	334 000	2 010 000	1 366 000
Financial Balance	−4 289 000	331 000	−1 575 000	−1 361 000
Dividends	1 600 000	10 000 000	6 000 000	9 000 000
Net Income	21 952 000	12 590 000	10 078 000	9 739 000

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	0	12 000	16 000	0
Total Tangible Assets	0	12 000	16 000	0
Total Fiancial Fixed Assets	25 355 000	21 113 000	16 026 000	4 792 000
Total Fixed Assets	25 355 000	21 125 000	16 043 000	4 792 000
Stock	0	668 000	0	0
Total Investments	0	0	0	0
Cash, Bank	10 227 000	17 643 000	2 285 000	10 320 000
Total Current Assets	13 017 000	21 749 000	13 588 000	25 240 000
Total Assets	38 373 000	42 874 000	29 630 000	30 031 000
Total Equity	27 837 000	7 485 000	4 895 000	817 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	4 000 000	12 000 000
Creditors	26 000	1 766 000	2 471 000	1 929 000
Unpaid Taxes	250 000	3 835 000	1 109 000	795 000
Dividends	1 600 000	10 000 000	6 000 000	9 000 000
Other Current Debt	1 237 000	16 387 000	8 300 000	6 488 000
Total Current Debt	10 536 000	35 386 000	20 735 000	17 215 000
Total Equity and Debt	38 373 000	42 874 000	29 630 000	30 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,86 %	168,2 %	205,88 %	1 192,04 %
Debt-to-Equity Ratio	0	0	0,82	14,69
Operating Profit Margin	49,69 %	33,88 %	33,66 %	39,12 %
Current Ratio	1,24	0,61	0,66	1,47
Quick Ratio	1,24	0,63	0,66	1,47
Equity Ratio	0,73	0,17	0,17	0,03
Gross Profit Margin	71,3 %	99,55 %	100 %	99,89 %