SALT LOFOTEN AS

8300 SVOLVÆR

Finances

Return on Equity

26,06 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 200 000	21 014 000	21 615 000	22 414 000
Net Income	456 000	315 000	−518 000	−666 000
Total Assets	7 054 000	10 070 000	12 124 000	7 856 000
Total Equity	1 750 000	1 294 000	979 000	997 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 200 000	21 014 000	21 615 000	22 414 000
Expenditure	23 599 000	20 563 000	21 961 000	22 948 000
Operating Profit	601 000	451 000	−347 000	−534 000
Financial Income	2 000	1 000	10 000	6 000
Financial Costs	146 000	137 000	181 000	137 000
Financial Balance	−144 000	−136 000	−171 000	−131 000
Earnings Before Tax	456 000	315 000	−518 000	−666 000
Tax	0	0	0	0
Net Income	456 000	315 000	−518 000	−666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 484 000	1 933 000	2 471 000	2 380 000
Total Current Assets	5 570 000	8 137 000	9 652 000	5 477 000
Total Assets	7 054 000	10 070 000	12 124 000	7 856 000
Total Retained Equity	1 150 000	694 000	379 000	897 000
Total Equity	1 750 000	1 294 000	979 000	997 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 304 000	8 776 000	11 145 000	6 859 000
Total Equity and Debt	7 054 000	10 070 000	12 124 000	7 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 636 000	12 248 000	12 086 000	15 448 000
Other Income	6 565 000	8 766 000	9 528 000	6 966 000
Revenue	24 200 000	21 014 000	21 615 000	22 414 000
Cost of Goods Sold	6 196 000	3 452 000	5 699 000	7 106 000
Salary Costs	13 550 000	13 555 000	12 390 000	10 948 000
Depreciation	556 000	584 000	451 000	383 000
Impairment	0	0	0	0
Expenditure	23 599 000	20 563 000	21 961 000	22 948 000
Operating Profit	601 000	451 000	−347 000	−534 000
Financial Income	2 000	1 000	10 000	6 000
Financial Costs	146 000	137 000	181 000	137 000
Financial Balance	−144 000	−136 000	−171 000	−131 000
Dividends	0	0	0	0
Net Income	456 000	315 000	−518 000	−666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 425 000	1 882 000	2 364 000	1 922 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	51 000	107 000	458 000
Total Tangible Assets	29 000	51 000	107 000	458 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	1 484 000	1 933 000	2 471 000	2 380 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 386 000	4 292 000	6 406 000	862 000
Total Current Assets	5 570 000	8 137 000	9 652 000	5 477 000
Total Assets	7 054 000	10 070 000	12 124 000	7 856 000
Total Equity	1 750 000	1 294 000	979 000	997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 311 000	391 000	1 079 000	1 954 000
Unpaid Taxes	928 000	1 168 000	645 000	1 111 000
Dividends	0	0	0	0
Other Current Debt	3 065 000	6 157 000	7 581 000	3 794 000
Total Current Debt	5 304 000	8 776 000	11 145 000	6 859 000
Total Equity and Debt	7 054 000	10 070 000	12 124 000	7 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,06 %	24,34 %	−52,91 %	−66,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,48 %	2,15 %	−1,61 %	−2,38 %
Current Ratio	1,05	0,93	0,87	0,8
Quick Ratio	1,05	0,93	0,87	0,8
Equity Ratio	0,25	0,13	0,08	0,13
Gross Profit Margin	74,4 %	83,57 %	73,63 %	68,3 %