SOLHEIMS ELEKTRO AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

150 %

Current Ratio

1,01

Debt-to-Equity Ratio

−1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 539 000	4 179 000	4 064 000	4 454 000
Net Income	−72 000	343 000	294 000	−120 000
Total Assets	1 216 000	1 169 000	778 000	983 000
Total Equity	−48 000	23 000	−319 000	−614 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 539 000	4 179 000	4 064 000	4 454 000
Expenditure	4 548 000	3 792 000	3 711 000	4 530 000
Operating Profit	−9 000	388 000	352 000	−75 000
Financial Income	0	0	4 000	2 000
Financial Costs	63 000	47 000	62 000	47 000
Financial Balance	−63 000	−47 000	−58 000	−45 000
Earnings Before Tax	−72 000	343 000	294 000	−120 000
Tax	0	0	0	0
Net Income	−72 000	343 000	294 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	26 000	34 000	0
Total Current Assets	1 197 000	1 143 000	745 000	983 000
Total Assets	1 216 000	1 169 000	778 000	983 000
Total Retained Equity	−648 000	−577 000	−919 000	−1 214 000
Total Equity	−48 000	23 000	−319 000	−614 000
Total Long-Term Debt	75 000	102 000	0	0
Total Current Debt	1 190 000	1 044 000	1 097 000	1 597 000
Total Equity and Debt	1 216 000	1 169 000	778 000	983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 539 000	4 179 000	4 064 000	4 454 000
Other Income	0	0	0	0
Revenue	4 539 000	4 179 000	4 064 000	4 454 000
Cost of Goods Sold	1 131 000	1 024 000	1 027 000	1 010 000
Salary Costs	2 493 000	1 792 000	1 828 000	2 699 000
Depreciation	8 000	8 000	4 000	0
Impairment	0	0	0	0
Expenditure	4 548 000	3 792 000	3 711 000	4 530 000
Operating Profit	−9 000	388 000	352 000	−75 000
Financial Income	0	0	4 000	2 000
Financial Costs	63 000	47 000	62 000	47 000
Financial Balance	−63 000	−47 000	−58 000	−45 000
Dividends	0	0	0	0
Net Income	−72 000	343 000	294 000	−120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	26 000	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	26 000	34 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	26 000	34 000	0
Stock	441 000	427 000	408 000	381 000
Total Investments	0	0	0	0
Cash, Bank	89 000	172 000	62 000	151 000
Total Current Assets	1 197 000	1 143 000	745 000	983 000
Total Assets	1 216 000	1 169 000	778 000	983 000
Total Equity	−48 000	23 000	−319 000	−614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	102 000	0	0
Creditors	163 000	167 000	183 000	303 000
Unpaid Taxes	374 000	322 000	313 000	369 000
Dividends	0	0	0	0
Other Current Debt	244 000	160 000	268 000	472 000
Total Current Debt	1 190 000	1 044 000	1 097 000	1 597 000
Total Equity and Debt	1 216 000	1 169 000	778 000	983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150 %	1 491,3 %	−92,16 %	19,54 %
Debt-to-Equity Ratio	−1,56	4,43	−0	−0
Operating Profit Margin	−0,2 %	9,28 %	8,66 %	−1,68 %
Current Ratio	1,01	1,09	0,68	0,62
Quick Ratio	1,6	1,85	1,08	0,81
Equity Ratio	−0,04	0,02	−0,41	−0,62
Gross Profit Margin	75,08 %	75,5 %	74,73 %	77,32 %