SALEMSVEIEN AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

89,51 %

Current Ratio

22,35

Debt-to-Equity Ratio

−4,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 475 000	0	0	80 000
Net Income	−1 280 000	−149 000	−176 000	−110 000
Total Assets	5 186 000	12 626 000	10 551 000	9 790 000
Total Equity	−1 430 000	−150 000	−1 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 475 000	0	0	80 000
Expenditure	8 293 000	61 000	85 000	71 000
Operating Profit	−817 000	−61 000	−85 000	9 000
Financial Income	0	0	0	0
Financial Costs	158 000	130 000	140 000	150 000
Financial Balance	−158 000	−130 000	−140 000	−150 000
Earnings Before Tax	−975 000	−191 000	−226 000	−141 000
Tax	305 000	−42 000	−50 000	−31 000
Net Income	−1 280 000	−149 000	−176 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	305 000	263 000	214 000
Total Current Assets	5 186 000	12 320 000	10 287 000	9 577 000
Total Assets	5 186 000	12 626 000	10 551 000	9 790 000
Total Retained Equity	−1 980 000	−700 000	−551 000	−374 000
Total Equity	−1 430 000	−150 000	−1 000	176 000
Total Long-Term Debt	6 383 000	10 235 000	10 435 000	9 499 000
Total Current Debt	232 000	2 540 000	116 000	116 000
Total Equity and Debt	5 186 000	12 626 000	10 551 000	9 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 475 000	0	0	0
Other Income	0	0	0	80 000
Revenue	7 475 000	0	0	80 000
Cost of Goods Sold	8 215 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 293 000	61 000	85 000	71 000
Operating Profit	−817 000	−61 000	−85 000	9 000
Financial Income	0	0	0	0
Financial Costs	158 000	130 000	140 000	150 000
Financial Balance	−158 000	−130 000	−140 000	−150 000
Dividends	0	0	0	0
Net Income	−1 280 000	−149 000	−176 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	305 000	263 000	214 000
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	305 000	263 000	214 000
Stock	4 905 000	12 252 000	10 251 000	9 551 000
Total Investments	0	0	0	0
Cash, Bank	281 000	68 000	37 000	25 000
Total Current Assets	5 186 000	12 320 000	10 287 000	9 577 000
Total Assets	5 186 000	12 626 000	10 551 000	9 790 000
Total Equity	−1 430 000	−150 000	−1 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 383 000	10 235 000	10 435 000	9 499 000
Creditors	218 000	27 000	103 000	103 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	2 513 000	13 000	13 000
Total Current Debt	232 000	2 540 000	116 000	116 000
Total Equity and Debt	5 186 000	12 626 000	10 551 000	9 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,51 %	99,33 %	17 600 %	−62,5 %
Debt-to-Equity Ratio	−4,46	−68,23	−10 435	53,97
Operating Profit Margin	−10,93 %	-	-	11,25 %
Current Ratio	22,35	4,85	88,68	82,56
Quick Ratio	−1,11	−1,27	−1,01	−1,02
Equity Ratio	−0,28	−0,01	−0	0,02
Gross Profit Margin	−9,9 %	-	-	100 %