SALPRO COMPOSITE AS

1618 FREDRIKSTAD

Finances

Return on Equity

271,71 %

Current Ratio

1,07

Debt-to-Equity Ratio

−1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 934 000	2 969 000	2 011 000	2 291 000
Net Income	−557 000	181 000	−1 161 000	337 000
Total Assets	1 085 000	1 379 000	857 000	2 085 000
Total Equity	−205 000	352 000	171 000	1 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 934 000	2 969 000	2 011 000	2 291 000
Expenditure	4 769 000	2 752 000	1 595 000	1 880 000
Operating Profit	−1 835 000	217 000	516 000	410 000
Financial Income	0	6 000	8 000	1 000
Financial Costs	−1 192 000	159 000	1 659 000	25 000
Financial Balance	1 192 000	−153 000	−1 651 000	−24 000
Earnings Before Tax	−643 000	65 000	−1 135 000	386 000
Tax	−86 000	−116 000	27 000	49 000
Net Income	−557 000	181 000	−1 161 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	36 000	47 000	0
Total Current Assets	1 060 000	1 343 000	810 000	2 085 000
Total Assets	1 085 000	1 379 000	857 000	2 085 000
Total Retained Equity	−305 000	252 000	71 000	1 232 000
Total Equity	−205 000	352 000	171 000	1 332 000
Total Long-Term Debt	295 000	295 000	0	0
Total Current Debt	995 000	732 000	686 000	753 000
Total Equity and Debt	1 085 000	1 379 000	857 000	2 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 934 000	2 969 000	1 784 000	2 291 000
Other Income	0	0	228 000	0
Revenue	2 934 000	2 969 000	2 011 000	2 291 000
Cost of Goods Sold	715 000	621 000	247 000	528 000
Salary Costs	3 330 000	1 642 000	802 000	913 000
Depreciation	11 000	11 000	8 000	0
Impairment	0	0	0	0
Expenditure	4 769 000	2 752 000	1 595 000	1 880 000
Operating Profit	−1 835 000	217 000	516 000	410 000
Financial Income	0	6 000	8 000	1 000
Financial Costs	−1 192 000	159 000	1 659 000	25 000
Financial Balance	1 192 000	−153 000	−1 651 000	−24 000
Dividends	0	0	0	0
Net Income	−557 000	181 000	−1 161 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	36 000	47 000	0
Total Tangible Assets	25 000	36 000	47 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	36 000	47 000	0
Stock	633 000	596 000	672 000	449 000
Total Investments	0	0	0	0
Cash, Bank	60 000	483 000	6 000	1 000
Total Current Assets	1 060 000	1 343 000	810 000	2 085 000
Total Assets	1 085 000	1 379 000	857 000	2 085 000
Total Equity	−205 000	352 000	171 000	1 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	295 000	295 000	0	0
Creditors	190 000	106 000	147 000	128 000
Unpaid Taxes	548 000	306 000	73 000	121 000
Dividends	0	0	0	0
Other Current Debt	256 000	320 000	242 000	262 000
Total Current Debt	995 000	732 000	686 000	753 000
Total Equity and Debt	1 085 000	1 379 000	857 000	2 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	271,71 %	51,42 %	−678,95 %	25,3 %
Debt-to-Equity Ratio	−1,44	0,84	0	0
Operating Profit Margin	−62,54 %	7,31 %	25,66 %	17,9 %
Current Ratio	1,07	1,83	1,18	2,77
Quick Ratio	2,93	9,88	57,86	6,86
Equity Ratio	−0,19	0,26	0,2	0,64
Gross Profit Margin	75,63 %	79,08 %	87,72 %	76,95 %