SALITEC AS

0164 OSLO

Finances

Share Ownership

Return on Equity

18,11 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 994 000	4 904 000	3 204 000	5 014 000
Net Income	48 000	78 000	100 000	48 000
Total Assets	828 000	1 147 000	732 000	720 000
Total Equity	265 000	210 000	131 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 994 000	4 904 000	3 204 000	5 014 000
Expenditure	6 180 000	4 765 000	3 057 000	4 917 000
Operating Profit	−187 000	138 000	147 000	97 000
Financial Income	290 000	25 000	28 000	22 000
Financial Costs	41 000	63 000	46 000	58 000
Financial Balance	249 000	−38 000	−18 000	−36 000
Earnings Before Tax	62 000	101 000	128 000	61 000
Tax	14 000	22 000	28 000	13 000
Net Income	48 000	78 000	100 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	9 000
Total Current Assets	828 000	1 147 000	732 000	711 000
Total Assets	828 000	1 147 000	732 000	720 000
Total Retained Equity	234 000	180 000	101 000	1 000
Total Equity	265 000	210 000	131 000	102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	563 000	938 000	600 000	618 000
Total Equity and Debt	828 000	1 147 000	732 000	720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 994 000	4 904 000	3 204 000	5 014 000
Other Income	0	0	0	0
Revenue	5 994 000	4 904 000	3 204 000	5 014 000
Cost of Goods Sold	4 629 000	3 531 000	2 387 000	3 786 000
Salary Costs	1 130 000	994 000	380 000	725 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 180 000	4 765 000	3 057 000	4 917 000
Operating Profit	−187 000	138 000	147 000	97 000
Financial Income	290 000	25 000	28 000	22 000
Financial Costs	41 000	63 000	46 000	58 000
Financial Balance	249 000	−38 000	−18 000	−36 000
Dividends	0	0	0	0
Net Income	48 000	78 000	100 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	9 000
Stock	329 000	31 000	0	0
Total Investments	0	0	0	0
Cash, Bank	441 000	251 000	247 000	96 000
Total Current Assets	828 000	1 147 000	732 000	711 000
Total Assets	828 000	1 147 000	732 000	720 000
Total Equity	265 000	210 000	131 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	207 000	340 000	425 000	273 000
Unpaid Taxes	156 000	325 000	127 000	239 000
Dividends	0	0	0	0
Other Current Debt	200 000	273 000	49 000	106 000
Total Current Debt	563 000	938 000	600 000	618 000
Total Equity and Debt	828 000	1 147 000	732 000	720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,11 %	37,14 %	76,34 %	47,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,12 %	2,81 %	4,59 %	1,93 %
Current Ratio	1,47	1,22	1,22	1,15
Quick Ratio	3,54	1,26	1,22	1,15
Equity Ratio	0,32	0,18	0,18	0,14
Gross Profit Margin	22,77 %	28 %	25,5 %	24,49 %