SALTNESVEIEN 2 AS

0678 OSLO

Finances

Share Ownership

Return on Equity

47,37 %

Current Ratio

1,39

Debt-to-Equity Ratio

8,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 317 000	12 977 000	411 000	399 000
Net Income	90 000	86 000	30 000	55 000
Total Assets	1 981 000	2 243 000	2 333 000	2 456 000
Total Equity	190 000	100 000	247 000	281 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 317 000	12 977 000	411 000	399 000
Expenditure	7 206 000	12 815 000	337 000	273 000
Operating Profit	111 000	163 000	74 000	125 000
Financial Income	5 000	8 000	2 000	2 000
Financial Costs	1 000	61 000	38 000	57 000
Financial Balance	4 000	−53 000	−36 000	−55 000
Earnings Before Tax	116 000	110 000	38 000	70 000
Tax	26 000	24 000	8 000	15 000
Net Income	90 000	86 000	30 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 666 000	1 771 000	1 888 000	2 005 000
Total Current Assets	314 000	472 000	445 000	451 000
Total Assets	1 981 000	2 243 000	2 333 000	2 456 000
Total Retained Equity	90 000	0	147 000	181 000
Total Equity	190 000	100 000	247 000	281 000
Total Long-Term Debt	1 564 000	1 699 000	1 715 000	1 879 000
Total Current Debt	226 000	445 000	370 000	296 000
Total Equity and Debt	1 981 000	2 243 000	2 333 000	2 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 317 000	12 977 000	411 000	399 000
Other Income	0	0	0	0
Revenue	7 317 000	12 977 000	411 000	399 000
Cost of Goods Sold	6 850 000	12 475 000	0	0
Salary Costs	0	0	0	0
Depreciation	117 000	117 000	117 000	117 000
Impairment	0	0	0	0
Expenditure	7 206 000	12 815 000	337 000	273 000
Operating Profit	111 000	163 000	74 000	125 000
Financial Income	5 000	8 000	2 000	2 000
Financial Costs	1 000	61 000	38 000	57 000
Financial Balance	4 000	−53 000	−36 000	−55 000
Dividends	0	233 000	0	0
Net Income	90 000	86 000	30 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	1 654 000	1 771 000	1 888 000	2 005 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 654 000	1 771 000	1 888 000	2 005 000
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	1 666 000	1 771 000	1 888 000	2 005 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	180 000	338 000	342 000
Total Current Assets	314 000	472 000	445 000	451 000
Total Assets	1 981 000	2 243 000	2 333 000	2 456 000
Total Equity	190 000	100 000	247 000	281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 564 000	1 699 000	1 715 000	1 879 000
Creditors	22 000	30 000	0	0
Unpaid Taxes	24 000	19 000	67 000	78 000
Dividends	0	233 000	0	0
Other Current Debt	142 000	129 000	303 000	217 000
Total Current Debt	226 000	445 000	370 000	296 000
Total Equity and Debt	1 981 000	2 243 000	2 333 000	2 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,37 %	86 %	12,15 %	19,57 %
Debt-to-Equity Ratio	8,23	16,99	6,94	6,69
Operating Profit Margin	1,52 %	1,26 %	18 %	31,33 %
Current Ratio	1,39	1,06	1,2	1,52
Quick Ratio	1,39	1,06	1,2	1,52
Equity Ratio	0,1	0,04	0,11	0,11
Gross Profit Margin	6,38 %	3,87 %	100 %	100 %