SØLVE AS SØNDRE LAND VERKSTEDER

2860 HOV

Finances

Share Ownership

Return on Equity

0,72 %

Current Ratio

3,45

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 020 000	7 262 000	7 263 000	7 195 000
Net Income	189 000	437 000	766 000	235 000
Total Assets	27 985 000	27 996 000	27 153 000	26 589 000
Total Equity	26 400 000	26 572 000	26 135 000	25 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 020 000	7 262 000	7 263 000	7 195 000
Expenditure	7 821 000	6 849 000	6 659 000	6 911 000
Operating Profit	198 000	413 000	604 000	283 000
Financial Income	44 000	30 000	32 000	17 000
Financial Costs	0	0	0	0
Financial Balance	44 000	30 000	32 000	17 000
Earnings Before Tax	242 000	443 000	636 000	301 000
Tax	53 000	5 000	−130 000	66 000
Net Income	189 000	437 000	766 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 983 000	23 696 000	23 755 000	23 644 000
Total Current Assets	4 002 000	4 300 000	3 398 000	2 945 000
Total Assets	27 985 000	27 996 000	27 153 000	26 589 000
Total Retained Equity	26 300 000	26 472 000	26 035 000	25 269 000
Total Equity	26 400 000	26 572 000	26 135 000	25 369 000
Total Long-Term Debt	424 000	9 000	4 000	134 000
Total Current Debt	1 161 000	1 415 000	1 014 000	1 086 000
Total Equity and Debt	27 985 000	27 996 000	27 153 000	26 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 715 000	2 757 000	3 276 000	3 395 000
Other Income	4 305 000	4 505 000	3 988 000	3 799 000
Revenue	8 020 000	7 262 000	7 263 000	7 195 000
Cost of Goods Sold	0	0	0	18 000
Salary Costs	3 957 000	3 411 000	3 514 000	3 761 000
Depreciation	655 000	624 000	607 000	598 000
Impairment	0	0	0	0
Expenditure	7 821 000	6 849 000	6 659 000	6 911 000
Operating Profit	198 000	413 000	604 000	283 000
Financial Income	44 000	30 000	32 000	17 000
Financial Costs	0	0	0	0
Financial Balance	44 000	30 000	32 000	17 000
Dividends	0	0	0	0
Net Income	189 000	437 000	766 000	235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 088 000	20 975 000	21 209 000	21 107 000
Machinery and Plant Facilities	274 000	169 000	60 000	121 000
Fixtures	0	0	0	0
Total Tangible Assets	21 361 000	21 144 000	21 270 000	21 228 000
Total Fiancial Fixed Assets	2 622 000	2 552 000	2 485 000	2 415 000
Total Fixed Assets	23 983 000	23 696 000	23 755 000	23 644 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 399 000	1 973 000	2 098 000	856 000
Total Current Assets	4 002 000	4 300 000	3 398 000	2 945 000
Total Assets	27 985 000	27 996 000	27 153 000	26 589 000
Total Equity	26 400 000	26 572 000	26 135 000	25 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	424 000	9 000	4 000	134 000
Creditors	538 000	727 000	383 000	327 000
Unpaid Taxes	301 000	331 000	316 000	456 000
Dividends	0	0	0	0
Other Current Debt	321 000	357 000	314 000	303 000
Total Current Debt	1 161 000	1 415 000	1 014 000	1 086 000
Total Equity and Debt	27 985 000	27 996 000	27 153 000	26 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,72 %	1,64 %	2,93 %	0,93 %
Debt-to-Equity Ratio	0,02	0	0	0,01
Operating Profit Margin	2,47 %	5,69 %	8,32 %	3,93 %
Current Ratio	3,45	3,04	3,35	2,71
Quick Ratio	3,45	3,04	3,35	2,71
Equity Ratio	0,94	0,95	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	99,75 %