SALMAR GENETICS AS

7266 KVERVA

Finances

Share Ownership

Return on Equity

−26,38 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 823 000	20 057 000	38 960 000	46 292 000
Net Income	−5 112 000	−6 920 000	−13 447 000	7 539 000
Total Assets	50 802 000	39 433 000	48 296 000	56 166 000
Total Equity	19 376 000	24 487 000	31 407 000	44 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 823 000	20 057 000	38 960 000	46 292 000
Expenditure	35 031 000	33 536 000	36 802 000	35 110 000
Operating Profit	−6 065 000	−8 779 000	−17 163 000	9 692 000
Financial Income	1 000	9 000	23 000	26 000
Financial Costs	489 000	102 000	100 000	83 000
Financial Balance	−488 000	−93 000	−77 000	−57 000
Earnings Before Tax	−6 553 000	−8 872 000	−17 240 000	9 634 000
Tax	−1 442 000	−1 952 000	−3 793 000	2 095 000
Net Income	−5 112 000	−6 920 000	−13 447 000	7 539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 674 000	23 648 000	27 683 000	28 772 000
Total Current Assets	31 127 000	15 785 000	20 613 000	27 394 000
Total Assets	50 802 000	39 433 000	48 296 000	56 166 000
Total Retained Equity	−23 057 000	−17 945 000	−11 025 000	2 422 000
Total Equity	19 376 000	24 487 000	31 407 000	44 854 000
Total Long-Term Debt	1 223 000	1 803 000	2 361 000	3 333 000
Total Current Debt	30 203 000	13 143 000	14 527 000	7 980 000
Total Equity and Debt	50 802 000	39 433 000	48 296 000	56 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 621 000	4 468 000	31 781 000	46 221 000
Other Income	202 000	15 589 000	7 178 000	71 000
Revenue	11 823 000	20 057 000	38 960 000	46 292 000
Cost of Goods Sold	18 363 000	13 804 000	9 683 000	7 981 000
Salary Costs	5 234 000	6 574 000	6 531 000	5 515 000
Depreciation	5 415 000	6 064 000	6 790 000	6 281 000
Impairment	0	0	0	0
Expenditure	35 031 000	33 536 000	36 802 000	35 110 000
Operating Profit	−6 065 000	−8 779 000	−17 163 000	9 692 000
Financial Income	1 000	9 000	23 000	26 000
Financial Costs	489 000	102 000	100 000	83 000
Financial Balance	−488 000	−93 000	−77 000	−57 000
Dividends	0	0	0	0
Net Income	−5 112 000	−6 920 000	−13 447 000	7 539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 409 000	4 634 000	4 349 000	5 556 000
Real Eastate	5 531 000	6 872 000	8 303 000	9 741 000
Machinery and Plant Facilities	9 735 000	12 141 000	15 031 000	13 476 000
Fixtures	0	0	0	0
Total Tangible Assets	15 265 000	19 014 000	23 334 000	23 217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 674 000	23 648 000	27 683 000	28 772 000
Stock	17 144 000	0	0	14 620 000
Total Investments	0	0	0	0
Cash, Bank	291 000	1 326 000	12 071 000	3 765 000
Total Current Assets	31 127 000	15 785 000	20 613 000	27 394 000
Total Assets	50 802 000	39 433 000	48 296 000	56 166 000
Total Equity	19 376 000	24 487 000	31 407 000	44 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 223 000	1 803 000	2 361 000	3 333 000
Creditors	12 410 000	11 618 000	2 756 000	2 657 000
Unpaid Taxes	2 456 000	569 000	442 000	2 944 000
Dividends	0	0	0	0
Other Current Debt	5 775 000	956 000	11 329 000	2 378 000
Total Current Debt	30 203 000	13 143 000	14 527 000	7 980 000
Total Equity and Debt	50 802 000	39 433 000	48 296 000	56 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,38 %	−28,26 %	−42,82 %	16,81 %
Debt-to-Equity Ratio	0,06	0,07	0,08	0,07
Operating Profit Margin	−51,3 %	−43,77 %	−44,05 %	20,94 %
Current Ratio	1,03	1,2	1,42	3,43
Quick Ratio	2,38	1,2	1,42	−4,13
Equity Ratio	0,38	0,62	0,65	0,8
Gross Profit Margin	−55,32 %	31,18 %	75,15 %	82,76 %