Alright here's the full label for the saltwater formula
https://db.tt/xrApZMt1
Guaranteed Analysis
Crude Protein (Min.): 50%
Crude Fat (Min.): 9%
Crude Fiber (Max.): 5%
Moisture (Max.): 10%
Ash (Max.): 7%
Vit. A(Min.): 16000 IU/Kg
Vit. D(Min.): 5000 IU/Kg
Vit.E (Min.): 400 IU/Kg
Ingredients: Whole Antarctic Krill, Whole Fish, Agar, Beta Carotene, Spirulina, Chorella Algae, Omega-3 Fatty Acid, Ulva & Red Seaweed, Kelp, Mollusks, Garlic, Whole Wheat Flour, Alfalfa Meal, Vitamin A Acetate,Vitamin D Supplement, Vitamin E Supplement, Vitamin B12 Supplement, Niacin, Folic Acid, Biotin, Thiamine Hydrochloride, Riboflavin Supplement, Pyridoxine Hydrochloride, Calcium Pantothenate, L-Ascorbyl-2-Polyphosphate (Stable C), Choline Chloride, Ethylenediamine Dihydroiodide, Cobalt Sulfate, Ferrous Sulfate, Manganese Sulfate
So it does have about twice as much crude protein, fat, and vitamins as most of the pellet formulas, but if you have to add 3 parts water then it would dilute everything by 75%. Still looks better than most gel foods but I'm probably just gonna stick with pellets