ROYAL SOLSKJERMING AS

5535 HAUGESUND

Finances

Share Ownership

Return on Equity

−110,91 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 395 000	57 934 000	48 636 000	48 972 000
Net Income	−2 999 000	2 350 000	−520 000	1 120 000
Total Assets	8 088 000	13 320 000	11 042 000	11 861 000
Total Equity	2 704 000	5 703 000	3 353 000	3 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 395 000	57 934 000	48 636 000	48 972 000
Expenditure	45 105 000	54 902 000	49 116 000	47 248 000
Operating Profit	−2 710 000	3 032 000	−480 000	1 726 000
Financial Income	137 000	203 000	284 000	56 000
Financial Costs	313 000	219 000	468 000	342 000
Financial Balance	−176 000	−16 000	−184 000	−286 000
Earnings Before Tax	−2 887 000	3 015 000	−665 000	1 440 000
Tax	112 000	666 000	−145 000	320 000
Net Income	−2 999 000	2 350 000	−520 000	1 120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 287 000	2 803 000	2 090 000	1 775 000
Total Current Assets	5 801 000	10 516 000	8 953 000	10 086 000
Total Assets	8 088 000	13 320 000	11 042 000	11 861 000
Total Retained Equity	2 204 000	5 203 000	2 853 000	3 373 000
Total Equity	2 704 000	5 703 000	3 353 000	3 873 000
Total Long-Term Debt	0	0	0	2 700 000
Total Current Debt	5 384 000	7 617 000	7 689 000	5 288 000
Total Equity and Debt	8 088 000	13 320 000	11 042 000	11 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 395 000	57 673 000	48 636 000	48 634 000
Other Income	0	261 000	0	338 000
Revenue	42 395 000	57 934 000	48 636 000	48 972 000
Cost of Goods Sold	23 235 000	33 052 000	28 857 000	27 605 000
Salary Costs	10 003 000	9 958 000	9 554 000	9 362 000
Depreciation	1 327 000	1 299 000	1 185 000	1 069 000
Impairment	0	0	0	10 000
Expenditure	45 105 000	54 902 000	49 116 000	47 248 000
Operating Profit	−2 710 000	3 032 000	−480 000	1 726 000
Financial Income	137 000	203 000	284 000	56 000
Financial Costs	313 000	219 000	468 000	342 000
Financial Balance	−176 000	−16 000	−184 000	−286 000
Dividends	0	0	0	0
Net Income	−2 999 000	2 350 000	−520 000	1 120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	112 000	376 000	147 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 287 000	2 691 000	1 714 000	1 628 000
Total Tangible Assets	2 287 000	2 691 000	1 714 000	1 628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 287 000	2 803 000	2 090 000	1 775 000
Stock	996 000	1 107 000	1 306 000	2 004 000
Total Investments	0	0	0	0
Cash, Bank	1 090 000	3 789 000	2 858 000	4 626 000
Total Current Assets	5 801 000	10 516 000	8 953 000	10 086 000
Total Assets	8 088 000	13 320 000	11 042 000	11 861 000
Total Equity	2 704 000	5 703 000	3 353 000	3 873 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 700 000
Creditors	606 000	2 849 000	4 174 000	2 066 000
Unpaid Taxes	1 438 000	2 056 000	1 685 000	1 242 000
Dividends	0	0	0	0
Other Current Debt	3 339 000	2 052 000	1 830 000	1 643 000
Total Current Debt	5 384 000	7 617 000	7 689 000	5 288 000
Total Equity and Debt	8 088 000	13 320 000	11 042 000	11 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,91 %	41,21 %	−15,51 %	28,92 %
Debt-to-Equity Ratio	0	0	0	0,7
Operating Profit Margin	−6,39 %	5,23 %	−0,99 %	3,52 %
Current Ratio	1,08	1,38	1,16	1,91
Quick Ratio	1,32	1,62	1,4	3,07
Equity Ratio	0,33	0,43	0,3	0,33
Gross Profit Margin	45,19 %	42,95 %	40,67 %	43,63 %