SOLØR AUTO AS

2270 FLISA

Finances

Share Ownership

Return on Equity

25,54 %

Current Ratio

3,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 565 000	16 191 000	12 614 000	7 143 000
Net Income	415 000	595 000	277 000	308 000
Total Assets	2 193 000	1 851 000	1 029 000	1 028 000
Total Equity	1 625 000	1 210 000	615 000	338 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 565 000	16 191 000	12 614 000	7 143 000
Expenditure	18 218 000	15 735 000	12 434 000	6 749 000
Operating Profit	530 000	762 000	355 000	394 000
Financial Income	3 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	3 000	1 000	−1 000	0
Earnings Before Tax	533 000	763 000	355 000	395 000
Tax	117 000	168 000	78 000	87 000
Net Income	415 000	595 000	277 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 193 000	1 851 000	1 029 000	1 028 000
Total Assets	2 193 000	1 851 000	1 029 000	1 028 000
Total Retained Equity	1 595 000	1 180 000	585 000	308 000
Total Equity	1 625 000	1 210 000	615 000	338 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	568 000	641 000	415 000	690 000
Total Equity and Debt	2 193 000	1 851 000	1 029 000	1 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 453 000	16 041 000	12 528 000	7 143 000
Other Income	112 000	150 000	87 000	0
Revenue	18 565 000	16 191 000	12 614 000	7 143 000
Cost of Goods Sold	17 077 000	14 672 000	11 449 000	6 352 000
Salary Costs	790 000	707 000	647 000	192 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 218 000	15 735 000	12 434 000	6 749 000
Operating Profit	530 000	762 000	355 000	394 000
Financial Income	3 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	3 000	1 000	−1 000	0
Dividends	0	0	0	0
Net Income	415 000	595 000	277 000	308 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	921 000	737 000	431 000	255 000
Total Investments	1 000	1 000	1 000	0
Cash, Bank	658 000	1 101 000	555 000	538 000
Total Current Assets	2 193 000	1 851 000	1 029 000	1 028 000
Total Assets	2 193 000	1 851 000	1 029 000	1 028 000
Total Equity	1 625 000	1 210 000	615 000	338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	20 000	21 000	206 000
Unpaid Taxes	57 000	36 000	36 000	37 000
Dividends	0	0	0	0
Other Current Debt	388 000	417 000	279 000	360 000
Total Current Debt	568 000	641 000	415 000	690 000
Total Equity and Debt	2 193 000	1 851 000	1 029 000	1 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,54 %	49,17 %	45,04 %	91,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,85 %	4,71 %	2,81 %	5,52 %
Current Ratio	3,86	2,89	2,48	1,49
Quick Ratio	−6,21	−19,28	−64,31	2,36
Equity Ratio	0,74	0,65	0,6	0,33
Gross Profit Margin	8,02 %	9,38 %	9,24 %	11,07 %