SOLGAARD SJØMAT AS

6387 VÅGSTRANDA

Finances

Share Ownership

Return on Equity

193,39 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	4 529 000	4 068 000	826 000
Net Income	1 522 000	1 246 000	265 000
Total Assets	2 682 000	2 158 000	1 623 000
Total Equity	787 000	295 000	289 000

Income (NOK)	2022	2021	2020
Revenue	4 529 000	4 068 000	826 000
Expenditure	2 577 000	2 473 000	489 000
Operating Profit	1 952 000	1 595 000	338 000
Financial Income	0	2 000	0
Financial Costs	0	0	0
Financial Balance	0	2 000	0
Earnings Before Tax	1 952 000	1 597 000	338 000
Tax	429 000	351 000	73 000
Net Income	1 522 000	1 246 000	265 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	231 000	307 000	280 000
Total Current Assets	2 450 000	1 851 000	1 342 000
Total Assets	2 682 000	2 158 000	1 623 000
Total Retained Equity	763 000	271 000	265 000
Total Equity	787 000	295 000	289 000
Total Long-Term Debt	10 000	15 000	914 000
Total Current Debt	1 885 000	1 848 000	419 000
Total Equity and Debt	2 682 000	2 158 000	1 623 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 529 000	4 068 000	826 000
Other Income	0	0	0
Revenue	4 529 000	4 068 000	826 000
Cost of Goods Sold	2 189 000	2 068 000	414 000
Salary Costs	74 000	126 000	27 000
Depreciation	76 000	64 000	10 000
Impairment	0	0	0
Expenditure	2 577 000	2 473 000	489 000
Operating Profit	1 952 000	1 595 000	338 000
Financial Income	0	2 000	0
Financial Costs	0	0	0
Financial Balance	0	2 000	0
Dividends	0	0	0
Net Income	1 522 000	1 246 000	265 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	231 000	307 000	280 000
Total Tangible Assets	231 000	307 000	280 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	231 000	307 000	280 000
Stock	388 000	0	0
Total Investments	0	0	0
Cash, Bank	1 111 000	881 000	722 000
Total Current Assets	2 450 000	1 851 000	1 342 000
Total Assets	2 682 000	2 158 000	1 623 000
Total Equity	787 000	295 000	289 000
Short-Term Group Debt	1 321 000	1 590 000	0
Total Long-Term Debt	10 000	15 000	914 000
Creditors	256 000	165 000	278 000
Unpaid Taxes	157 000	75 000	80 000
Dividends	0	0	0
Other Current Debt	6 000	17 000	2 000
Total Current Debt	1 885 000	1 848 000	419 000
Total Equity and Debt	2 682 000	2 158 000	1 623 000

Financial indicators	2022	2021	2020
Return on Equity	193,39 %	422,37 %	91,7 %
Debt-to-Equity Ratio	0,01	0,05	3,16
Operating Profit Margin	43,1 %	39,21 %	40,92 %
Current Ratio	1,3	1	3,2
Quick Ratio	1,64	1	3,2
Equity Ratio	0,29	0,14	0,18
Gross Profit Margin	51,67 %	49,16 %	49,88 %