SALMOTRACE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−116,87 %

Current Ratio

6,85

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020
Revenue	4 250 000	375 000	435 000
Net Income	−4 836 000	−5 687 000	−59 000
Total Assets	8 654 000	12 051 000	2 856 000
Total Equity	4 138 000	8 974 000	−29 000

Income (NOK)	2022	2021	2020
Revenue	4 250 000	375 000	435 000
Expenditure	9 016 000	6 061 000	482 000
Operating Profit	−4 766 000	−5 686 000	−47 000
Financial Income	0	0	0
Financial Costs	70 000	1 000	12 000
Financial Balance	−70 000	−1 000	−12 000
Earnings Before Tax	−4 836 000	−5 687 000	−59 000
Tax	0	0	0
Net Income	−4 836 000	−5 687 000	−59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	8 654 000	12 051 000	2 856 000
Total Assets	8 654 000	12 051 000	2 856 000
Total Retained Equity	−10 582 000	−5 746 000	−59 000
Total Equity	4 138 000	8 974 000	−29 000
Total Long-Term Debt	3 253 000	2 403 000	2 400 000
Total Current Debt	1 263 000	674 000	485 000
Total Equity and Debt	8 654 000	12 051 000	2 856 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 250 000	0	435 000
Other Income	0	375 000	0
Revenue	4 250 000	375 000	435 000
Cost of Goods Sold	3 275 000	1 910 000	366 000
Salary Costs	3 532 000	3 375 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	9 016 000	6 061 000	482 000
Operating Profit	−4 766 000	−5 686 000	−47 000
Financial Income	0	0	0
Financial Costs	70 000	1 000	12 000
Financial Balance	−70 000	−1 000	−12 000
Dividends	0	0	0
Net Income	−4 836 000	−5 687 000	−59 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 888 000	10 471 000	2 081 000
Total Current Assets	8 654 000	12 051 000	2 856 000
Total Assets	8 654 000	12 051 000	2 856 000
Total Equity	4 138 000	8 974 000	−29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 253 000	2 403 000	2 400 000
Creditors	0	40 000	0
Unpaid Taxes	665 000	255 000	14 000
Dividends	0	0	0
Other Current Debt	597 000	380 000	471 000
Total Current Debt	1 263 000	674 000	485 000
Total Equity and Debt	8 654 000	12 051 000	2 856 000

Financial indicators	2022	2021	2020
Return on Equity	−116,87 %	−63,37 %	203,45 %
Debt-to-Equity Ratio	0,79	0,27	−82,76
Operating Profit Margin	−112,14 %	−1 516,27 %	−10,8 %
Current Ratio	6,85	17,88	5,89
Quick Ratio	6,85	17,88	5,89
Equity Ratio	0,48	0,74	−0,01
Gross Profit Margin	22,94 %	−409,33 %	15,86 %