SALTEC

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

19,47 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	379 000	213 000	335 000	281 000
Net Income	22 000	6 000	2 000	−2 000
Total Assets	302 000	196 000	160 000	129 000
Total Equity	113 000	91 000	84 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	379 000	213 000	335 000	281 000
Expenditure	357 000	206 000	333 000	281 000
Operating Profit	22 000	7 000	2 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	22 000	6 000	2 000	−1 000
Tax	0	0	0	0
Net Income	22 000	6 000	2 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	302 000	196 000	160 000	129 000
Total Assets	302 000	196 000	160 000	129 000
Total Retained Equity	113 000	91 000	84 000	83 000
Total Equity	113 000	91 000	84 000	83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	189 000	105 000	76 000	46 000
Total Equity and Debt	302 000	196 000	160 000	129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 000	213 000	335 000	281 000
Other Income	0	0	0	0
Revenue	379 000	213 000	335 000	281 000
Cost of Goods Sold	112 000	35 000	75 000	58 000
Salary Costs	171 000	103 000	171 000	116 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	357 000	206 000	333 000	281 000
Operating Profit	22 000	7 000	2 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	22 000	6 000	2 000	−2 000

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	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	0
Stock	7 000	7 000	7 000	7 000
Total Investments	0	0	0	0
Cash, Bank	65 000	0	1 000	22 000
Total Current Assets	302 000	196 000	160 000	129 000
Total Assets	302 000	196 000	160 000	129 000
Total Equity	113 000	91 000	84 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	3 000	14 000
Unpaid Taxes	116 000	53 000	22 000	8 000
Dividends	0	0	0	0
Other Current Debt	70 000	48 000	51 000	25 000
Total Current Debt	189 000	105 000	76 000	46 000
Total Equity and Debt	302 000	196 000	160 000	129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,47 %	6,59 %	2,38 %	−2,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,8 %	3,29 %	0,6 %	−0,36 %
Current Ratio	1,6	1,87	2,11	2,8
Quick Ratio	1,66	2	2,32	3,31
Equity Ratio	0,37	0,46	0,53	0,64
Gross Profit Margin	70,45 %	83,57 %	77,61 %	79,36 %