SALOMONSEN AS

4006 STAVANGER

Finances

Return on Equity

27,88 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 552 000	6 594 000	5 472 000	7 152 000
Net Income	771 000	436 000	294 000	644 000
Total Assets	4 634 000	3 930 000	3 412 000	3 746 000
Total Equity	2 765 000	2 543 000	2 607 000	2 014 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 552 000	6 594 000	5 472 000	7 152 000
Expenditure	6 555 000	6 025 000	5 085 000	6 321 000
Operating Profit	997 000	568 000	385 000	832 000
Financial Income	0	1 000	0	0
Financial Costs	8 000	10 000	8 000	7 000
Financial Balance	−8 000	−9 000	−8 000	−7 000
Earnings Before Tax	989 000	559 000	377 000	825 000
Tax	218 000	123 000	83 000	182 000
Net Income	771 000	436 000	294 000	644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	126 000	139 000	149 000
Total Current Assets	4 515 000	3 805 000	3 274 000	3 596 000
Total Assets	4 634 000	3 930 000	3 412 000	3 746 000
Total Retained Equity	2 174 000	1 953 000	2 017 000	1 423 000
Total Equity	2 765 000	2 543 000	2 607 000	2 014 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 869 000	1 387 000	805 000	1 732 000
Total Equity and Debt	4 634 000	3 930 000	3 412 000	3 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 552 000	6 594 000	5 472 000	7 152 000
Other Income	0	0	0	0
Revenue	7 552 000	6 594 000	5 472 000	7 152 000
Cost of Goods Sold	3 245 000	2 957 000	2 390 000	3 116 000
Salary Costs	2 187 000	1 948 000	1 646 000	2 101 000
Depreciation	9 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	6 555 000	6 025 000	5 085 000	6 321 000
Operating Profit	997 000	568 000	385 000	832 000
Financial Income	0	1 000	0	0
Financial Costs	8 000	10 000	8 000	7 000
Financial Balance	−8 000	−9 000	−8 000	−7 000
Dividends	550 000	500 000	0	600 000
Net Income	771 000	436 000	294 000	644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	12 000	12 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	14 000	27 000	40 000
Total Tangible Assets	5 000	14 000	27 000	40 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	119 000	126 000	139 000	149 000
Stock	2 519 000	2 195 000	2 370 000	2 079 000
Total Investments	0	0	0	0
Cash, Bank	1 844 000	1 512 000	830 000	1 344 000
Total Current Assets	4 515 000	3 805 000	3 274 000	3 596 000
Total Assets	4 634 000	3 930 000	3 412 000	3 746 000
Total Equity	2 765 000	2 543 000	2 607 000	2 014 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	220 000	209 000	117 000	289 000
Unpaid Taxes	484 000	431 000	364 000	381 000
Dividends	550 000	500 000	0	600 000
Other Current Debt	395 000	323 000	238 000	279 000
Total Current Debt	1 869 000	1 387 000	805 000	1 732 000
Total Equity and Debt	4 634 000	3 930 000	3 412 000	3 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,88 %	17,15 %	11,28 %	31,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,2 %	8,61 %	7,04 %	11,63 %
Current Ratio	2,42	2,74	4,07	2,08
Quick Ratio	−6,95	−4,71	−2,09	−10,36
Equity Ratio	0,6	0,65	0,76	0,54
Gross Profit Margin	57,03 %	55,16 %	56,32 %	56,43 %