SALVESEN & THAMS AS

7300 ORKANGER

Finances

Return on Equity

10,36 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 538 000	712 000	117 451 000	84 918 000
Net Income	95 721 000	426 159 000	6 260 000	28 873 000
Total Assets	1 291 327 000	1 257 097 000	1 143 267 000	934 124 000
Total Equity	924 300 000	1 123 078 000	702 846 000	717 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 538 000	712 000	117 451 000	84 918 000
Expenditure	35 786 000	23 680 000	79 858 000	111 521 000
Operating Profit	−33 248 000	−22 968 000	−24 416 000	−11 580 000
Financial Income	148 979 000	464 549 000	68 915 000	52 579 000
Financial Costs	18 422 000	16 599 000	40 607 000	12 757 000
Financial Balance	130 557 000	447 950 000	28 308 000	39 822 000
Earnings Before Tax	97 309 000	424 982 000	3 892 000	28 241 000
Tax	1 588 000	−1 177 000	−2 368 000	−631 000
Net Income	95 721 000	426 159 000	6 260 000	28 873 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 977 000	34 704 000	162 707 000	123 481 000
Total Current Assets	1 213 349 000	1 222 393 000	980 560 000	810 643 000
Total Assets	1 291 327 000	1 257 097 000	1 143 267 000	934 124 000
Total Retained Equity	290 716 000	489 564 000	136 010 000	139 533 000
Total Equity	924 300 000	1 123 078 000	702 846 000	717 747 000
Total Long-Term Debt	4 000	0	140 995 000	108 297 000
Total Current Debt	367 023 000	134 019 000	299 426 000	108 081 000
Total Equity and Debt	1 291 327 000	1 257 097 000	1 143 267 000	934 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 538 000	712 000	107 141 000	74 253 000
Other Income	0	0	10 310 000	10 666 000
Revenue	2 538 000	712 000	117 451 000	84 918 000
Cost of Goods Sold	0	0	42 428 000	79 866 000
Salary Costs	15 586 000	12 056 000	15 993 000	10 904 000
Depreciation	38 000	13 000	5 634 000	5 278 000
Impairment	0	0	0	0
Expenditure	35 786 000	23 680 000	79 858 000	111 521 000
Operating Profit	−33 248 000	−22 968 000	−24 416 000	−11 580 000
Financial Income	148 979 000	464 549 000	68 915 000	52 579 000
Financial Costs	18 422 000	16 599 000	40 607 000	12 757 000
Financial Balance	130 557 000	447 950 000	28 308 000	39 822 000
Dividends	296 279 000	78 644 000	257 551 000	8 730 000
Net Income	95 721 000	426 159 000	6 260 000	28 873 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	659 000	0	0
Real Eastate	0	0	114 520 000	106 047 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	34 000	194 000	0
Total Tangible Assets	152 000	34 000	114 714 000	106 047 000
Total Fiancial Fixed Assets	77 825 000	34 011 000	47 993 000	17 434 000
Total Fixed Assets	77 977 000	34 704 000	162 707 000	123 481 000
Stock	0	0	112 291 000	161 390 000
Total Investments	1 047 454 000	844 163 000	671 753 000	603 561 000
Cash, Bank	152 356 000	373 007 000	163 727 000	12 972 000
Total Current Assets	1 213 349 000	1 222 393 000	980 560 000	810 643 000
Total Assets	1 291 327 000	1 257 097 000	1 143 267 000	934 124 000
Total Equity	924 300 000	1 123 078 000	702 846 000	717 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	140 995 000	108 297 000
Creditors	915 000	2 326 000	3 823 000	2 938 000
Unpaid Taxes	872 000	737 000	3 394 000	9 730 000
Dividends	296 279 000	78 644 000	257 551 000	8 730 000
Other Current Debt	12 437 000	7 088 000	10 145 000	20 292 000
Total Current Debt	367 023 000	134 019 000	299 426 000	108 081 000
Total Equity and Debt	1 291 327 000	1 257 097 000	1 143 267 000	934 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,36 %	37,95 %	0,89 %	4,02 %
Debt-to-Equity Ratio	0	0	0,2	0,15
Operating Profit Margin	−1 310,01 %	−3 225,84 %	−20,79 %	−13,64 %
Current Ratio	3,31	9,12	3,27	7,5
Quick Ratio	3,31	9,12	5,24	−15,21
Equity Ratio	0,72	0,89	0,61	0,77
Gross Profit Margin	100 %	100 %	63,88 %	5,95 %