ENTREPRENØR ULF SOLBAKKEN AS

3732 SKIEN

Finances

Return on Equity

58,18 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 565 000	73 258 000	72 023 000	56 040 000
Net Income	2 679 000	4 477 000	3 209 000	2 633 000
Total Assets	21 644 000	28 449 000	23 067 000	20 530 000
Total Equity	4 605 000	8 526 000	8 049 000	6 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 565 000	73 258 000	72 023 000	56 040 000
Expenditure	91 307 000	67 616 000	67 423 000	52 356 000
Operating Profit	3 258 000	5 642 000	4 600 000	3 685 000
Financial Income	289 000	137 000	3 000	10 000
Financial Costs	112 000	30 000	490 000	316 000
Financial Balance	177 000	107 000	−487 000	−306 000
Earnings Before Tax	3 435 000	5 748 000	4 114 000	3 379 000
Tax	757 000	1 271 000	905 000	746 000
Net Income	2 679 000	4 477 000	3 209 000	2 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 308 000	1 458 000	925 000	461 000
Total Current Assets	20 336 000	26 990 000	22 142 000	20 069 000
Total Assets	21 644 000	28 449 000	23 067 000	20 530 000
Total Retained Equity	4 505 000	8 426 000	7 949 000	6 741 000
Total Equity	4 605 000	8 526 000	8 049 000	6 841 000
Total Long-Term Debt	288 000	7 368 000	3 109 000	1 975 000
Total Current Debt	16 751 000	12 554 000	11 909 000	11 714 000
Total Equity and Debt	21 644 000	28 449 000	23 067 000	20 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 553 000	73 031 000	72 023 000	56 040 000
Other Income	12 000	227 000	0	0
Revenue	94 565 000	73 258 000	72 023 000	56 040 000
Cost of Goods Sold	64 053 000	38 857 000	44 413 000	27 244 000
Salary Costs	24 089 000	21 672 000	18 846 000	18 294 000
Depreciation	147 000	34 000	89 000	230 000
Impairment	0	0	0	0
Expenditure	91 307 000	67 616 000	67 423 000	52 356 000
Operating Profit	3 258 000	5 642 000	4 600 000	3 685 000
Financial Income	289 000	137 000	3 000	10 000
Financial Costs	112 000	30 000	490 000	316 000
Financial Balance	177 000	107 000	−487 000	−306 000
Dividends	2 600 000	4 000 000	0	2 000 000
Net Income	2 679 000	4 477 000	3 209 000	2 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	164 000
Real Eastate	18 000	153 000	0	0
Machinery and Plant Facilities	228 000	48 000	65 000	128 000
Fixtures	0	0	19 000	46 000
Total Tangible Assets	246 000	201 000	84 000	173 000
Total Fiancial Fixed Assets	1 062 000	1 258 000	841 000	124 000
Total Fixed Assets	1 308 000	1 458 000	925 000	461 000
Stock	0	0	5 149 000	5 321 000
Total Investments	0	0	0	0
Cash, Bank	4 006 000	6 488 000	10 572 000	6 236 000
Total Current Assets	20 336 000	26 990 000	22 142 000	20 069 000
Total Assets	21 644 000	28 449 000	23 067 000	20 530 000
Total Equity	4 605 000	8 526 000	8 049 000	6 841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	288 000	7 368 000	3 109 000	1 975 000
Creditors	7 765 000	3 805 000	5 070 000	1 774 000
Unpaid Taxes	2 900 000	4 109 000	3 030 000	2 852 000
Dividends	2 600 000	4 000 000	0	2 000 000
Other Current Debt	5 391 000	2 901 000	3 809 000	5 654 000
Total Current Debt	16 751 000	12 554 000	11 909 000	11 714 000
Total Equity and Debt	21 644 000	28 449 000	23 067 000	20 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,18 %	52,51 %	39,87 %	38,49 %
Debt-to-Equity Ratio	0,06	0,86	0,39	0,29
Operating Profit Margin	3,45 %	7,7 %	6,39 %	6,58 %
Current Ratio	1,21	2,15	1,86	1,71
Quick Ratio	1,21	2,15	3,28	3,14
Equity Ratio	0,21	0,3	0,35	0,33
Gross Profit Margin	32,27 %	46,96 %	38,33 %	51,38 %