SALARSAFE AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

−66,75 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020
Revenue	0	660 000	50 000
Net Income	−3 061 000	−299 000	−44 000
Total Assets	6 146 000	6 973 000	26 000
Total Equity	4 586 000	5 832 000	−19 000

Income (NOK)	2022	2021	2020
Revenue	0	660 000	50 000
Expenditure	2 942 000	1 043 000	107 000
Operating Profit	−2 942 000	−383 000	−57 000
Financial Income	0	0	0
Financial Costs	22 000	0	0
Financial Balance	−22 000	0	0
Earnings Before Tax	−2 964 000	−383 000	−57 000
Tax	97 000	−84 000	−13 000
Net Income	−3 061 000	−299 000	−44 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 682 000	1 149 000	13 000
Total Current Assets	3 464 000	5 824 000	13 000
Total Assets	6 146 000	6 973 000	26 000
Total Retained Equity	−3 254 000	−193 000	−44 000
Total Equity	4 586 000	5 832 000	−19 000
Total Long-Term Debt	165 000	0	0
Total Current Debt	1 395 000	1 141 000	46 000
Total Equity and Debt	6 146 000	6 973 000	26 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	660 000	50 000
Revenue	0	660 000	50 000
Cost of Goods Sold	0	0	1 000
Salary Costs	2 449 000	463 000	0
Depreciation	88 000	1 000	0
Impairment	0	0	0
Expenditure	2 942 000	1 043 000	107 000
Operating Profit	−2 942 000	−383 000	−57 000
Financial Income	0	0	0
Financial Costs	22 000	0	0
Financial Balance	−22 000	0	0
Dividends	0	0	0
Net Income	−3 061 000	−299 000	−44 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 359 000	1 084 000	13 000
Real Eastate	0	0	0
Machinery and Plant Facilities	28 000	35 000	0
Fixtures	264 000	0	0
Total Tangible Assets	292 000	35 000	0
Total Fiancial Fixed Assets	30 000	30 000	0
Total Fixed Assets	2 682 000	1 149 000	13 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 720 000	5 337 000	13 000
Total Current Assets	3 464 000	5 824 000	13 000
Total Assets	6 146 000	6 973 000	26 000
Total Equity	4 586 000	5 832 000	−19 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	165 000	0	0
Creditors	847 000	652 000	46 000
Unpaid Taxes	192 000	34 000	0
Dividends	0	0	0
Other Current Debt	357 000	455 000	0
Total Current Debt	1 395 000	1 141 000	46 000
Total Equity and Debt	6 146 000	6 973 000	26 000

Financial indicators	2022	2021	2020
Return on Equity	−66,75 %	−5,13 %	231,58 %
Debt-to-Equity Ratio	0,04	0	−0
Operating Profit Margin	-	−58,03 %	−114 %
Current Ratio	2,48	5,1	0,28
Quick Ratio	2,48	5,1	0,28
Equity Ratio	0,75	0,84	−0,73
Gross Profit Margin	-	100 %	98 %