SALONG SAX AS

2334 ROMEDAL

Finances

Share Ownership

Return on Equity

−663,64 %

Current Ratio

1,16

Debt-to-Equity Ratio

−4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	537 000	685 000	742 000
Net Income	146 000	−145 000	−1 000	−54 000
Total Assets	298 000	218 000	305 000	240 000
Total Equity	−22 000	−168 000	−23 000	−22 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	537 000	685 000	742 000
Expenditure	365 000	667 000	676 000	777 000
Operating Profit	132 000	−129 000	9 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	25 000	20 000
Financial Balance	0	0	−25 000	−20 000
Earnings Before Tax	132 000	−129 000	−16 000	−54 000
Tax	−14 000	15 000	−15 000	0
Net Income	146 000	−145 000	−1 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	67 000	124 000	151 000
Total Current Assets	259 000	151 000	181 000	89 000
Total Assets	298 000	218 000	305 000	240 000
Total Retained Equity	−52 000	−198 000	−53 000	−52 000
Total Equity	−22 000	−168 000	−23 000	−22 000
Total Long-Term Debt	97 000	97 000	97 000	148 000
Total Current Debt	223 000	289 000	231 000	114 000
Total Equity and Debt	298 000	218 000	305 000	240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	501 000	536 000	678 000	742 000
Other Income	0	1 000	7 000	0
Revenue	501 000	537 000	685 000	742 000
Cost of Goods Sold	45 000	47 000	42 000	72 000
Salary Costs	117 000	409 000	397 000	466 000
Depreciation	42 000	42 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	365 000	667 000	676 000	777 000
Operating Profit	132 000	−129 000	9 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	25 000	20 000
Financial Balance	0	0	−25 000	−20 000
Dividends	0	0	0	0
Net Income	146 000	−145 000	−1 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	22 000	60 000	98 000	136 000
Total Intangible Assets	36 000	60 000	113 000	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	6 000	10 000	14 000
Total Tangible Assets	2 000	6 000	10 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	67 000	124 000	151 000
Stock	64 000	68 000	64 000	52 000
Total Investments	0	0	0	0
Cash, Bank	188 000	80 000	114 000	38 000
Total Current Assets	259 000	151 000	181 000	89 000
Total Assets	298 000	218 000	305 000	240 000
Total Equity	−22 000	−168 000	−23 000	−22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	97 000	97 000	97 000	148 000
Creditors	10 000	5 000	0	0
Unpaid Taxes	24 000	41 000	59 000	25 000
Dividends	0	0	0	0
Other Current Debt	189 000	243 000	173 000	83 000
Total Current Debt	223 000	289 000	231 000	114 000
Total Equity and Debt	298 000	218 000	305 000	240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−663,64 %	86,31 %	4,35 %	245,45 %
Debt-to-Equity Ratio	−4,41	−0,58	−4,22	−6,73
Operating Profit Margin	26,35 %	−24,02 %	1,31 %	−4,72 %
Current Ratio	1,16	0,52	0,78	0,78
Quick Ratio	1,63	0,68	1,08	1,44
Equity Ratio	−0,07	−0,77	−0,08	−0,09
Gross Profit Margin	91,02 %	91,25 %	93,87 %	90,3 %