SOLSIDEN 40 AS

4950 RISØR

Finances

Return on Equity

75,09 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 912 000	835 000	996 000	565 000
Net Income	208 000	77 000	354 000	−320 000
Total Assets	592 000	223 000	260 000	125 000
Total Equity	277 000	69 000	−8 000	−362 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 912 000	835 000	996 000	565 000
Expenditure	1 678 000	760 000	626 000	872 000
Operating Profit	234 000	75 000	369 000	−307 000
Financial Income	1 000	20 000	0	0
Financial Costs	1 000	17 000	15 000	13 000
Financial Balance	0	3 000	−15 000	−13 000
Earnings Before Tax	234 000	77 000	354 000	−320 000
Tax	25 000	0	0	0
Net Income	208 000	77 000	354 000	−320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	32 000	0
Total Current Assets	562 000	223 000	228 000	125 000
Total Assets	592 000	223 000	260 000	125 000
Total Retained Equity	247 000	39 000	−38 000	−392 000
Total Equity	277 000	69 000	−8 000	−362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	314 000	154 000	268 000	487 000
Total Equity and Debt	592 000	223 000	260 000	125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 912 000	835 000	996 000	565 000
Other Income	0	0	0	0
Revenue	1 912 000	835 000	996 000	565 000
Cost of Goods Sold	307 000	0	0	50 000
Salary Costs	1 098 000	585 000	457 000	720 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 678 000	760 000	626 000	872 000
Operating Profit	234 000	75 000	369 000	−307 000
Financial Income	1 000	20 000	0	0
Financial Costs	1 000	17 000	15 000	13 000
Financial Balance	0	3 000	−15 000	−13 000
Dividends	0	0	0	0
Net Income	208 000	77 000	354 000	−320 000

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	30 000	0	32 000	0
Total Fixed Assets	30 000	0	32 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	423 000	27 000	65 000	79 000
Total Current Assets	562 000	223 000	228 000	125 000
Total Assets	592 000	223 000	260 000	125 000
Total Equity	277 000	69 000	−8 000	−362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	95 000	18 000	−8 000	8 000
Unpaid Taxes	79 000	68 000	166 000	107 000
Dividends	0	0	0	0
Other Current Debt	114 000	67 000	58 000	79 000
Total Current Debt	314 000	154 000	268 000	487 000
Total Equity and Debt	592 000	223 000	260 000	125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,09 %	111,59 %	−4 425 %	88,4 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	12,24 %	8,98 %	37,05 %	−54,34 %
Current Ratio	1,79	1,45	0,85	0,26
Quick Ratio	1,79	1,45	0,85	0,26
Equity Ratio	0,47	0,31	−0,03	−2,9
Gross Profit Margin	83,94 %	100 %	100 %	91,15 %