SOLSIDEN AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

291,13 %

Current Ratio

0,21

Debt-to-Equity Ratio

13,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 463 000	19 663 000	16 592 000	21 749 000
Net Income	6 399 000	4 273 000	4 115 000	7 140 000
Total Assets	63 668 000	58 894 000	46 117 000	48 238 000
Total Equity	2 198 000	21 576 000	17 846 000	14 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 463 000	19 663 000	16 592 000	21 749 000
Expenditure	15 380 000	14 539 000	11 501 000	12 519 000
Operating Profit	8 084 000	5 124 000	5 092 000	9 231 000
Financial Income	1 191 000	989 000	856 000	655 000
Financial Costs	1 071 000	635 000	672 000	732 000
Financial Balance	120 000	354 000	184 000	−77 000
Earnings Before Tax	8 204 000	5 478 000	5 276 000	9 154 000
Tax	1 805 000	1 205 000	1 161 000	2 014 000
Net Income	6 399 000	4 273 000	4 115 000	7 140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 115 000	51 821 000	43 108 000	14 372 000
Total Current Assets	6 553 000	7 073 000	3 010 000	33 867 000
Total Assets	63 668 000	58 894 000	46 117 000	48 238 000
Total Retained Equity	1 445 000	20 823 000	17 093 000	13 633 000
Total Equity	2 198 000	21 576 000	17 846 000	14 386 000
Total Long-Term Debt	30 234 000	33 047 000	23 750 000	24 583 000
Total Current Debt	31 236 000	4 271 000	4 522 000	9 269 000
Total Equity and Debt	63 668 000	58 894 000	46 117 000	48 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 463 000	19 663 000	15 870 000	23 444 000
Other Income	0	0	723 000	−1 694 000
Revenue	23 463 000	19 663 000	16 592 000	21 749 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 341 000	1 319 000	1 183 000	1 057 000
Impairment	0	0	0	0
Expenditure	15 380 000	14 539 000	11 501 000	12 519 000
Operating Profit	8 084 000	5 124 000	5 092 000	9 231 000
Financial Income	1 191 000	989 000	856 000	655 000
Financial Costs	1 071 000	635 000	672 000	732 000
Financial Balance	120 000	354 000	184 000	−77 000
Dividends	0	0	0	0
Net Income	6 399 000	4 273 000	4 115 000	7 140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	295 000	300 000	311 000	322 000
Real Eastate	0	0	0	1 117 000
Machinery and Plant Facilities	11 512 000	12 821 000	13 888 000	12 772 000
Fixtures	317 000	349 000	265 000	161 000
Total Tangible Assets	11 829 000	13 170 000	14 153 000	14 050 000
Total Fiancial Fixed Assets	44 991 000	38 351 000	28 644 000	0
Total Fixed Assets	57 115 000	51 821 000	43 108 000	14 372 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 493 000	4 656 000	2 655 000	3 319 000
Total Current Assets	6 553 000	7 073 000	3 010 000	33 867 000
Total Assets	63 668 000	58 894 000	46 117 000	48 238 000
Total Equity	2 198 000	21 576 000	17 846 000	14 386 000
Short-Term Group Debt	25 997 000	696 000	840 000	1 299 000
Total Long-Term Debt	30 234 000	33 047 000	23 750 000	24 583 000
Creditors	231 000	233 000	60 000	1 697 000
Unpaid Taxes	449 000	0	0	43 000
Dividends	0	0	0	0
Other Current Debt	2 979 000	2 301 000	2 656 000	4 512 000
Total Current Debt	31 236 000	4 271 000	4 522 000	9 269 000
Total Equity and Debt	63 668 000	58 894 000	46 117 000	48 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	291,13 %	19,8 %	23,06 %	49,63 %
Debt-to-Equity Ratio	13,76	1,53	1,33	1,71
Operating Profit Margin	34,45 %	26,06 %	30,69 %	42,44 %
Current Ratio	0,21	1,66	0,67	3,65
Quick Ratio	0,21	1,66	0,67	3,65
Equity Ratio	0,03	0,37	0,39	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %