SOLØR ELEKTRO AS

2270 FLISA

Finances

Share Ownership

Return on Equity

49,26 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 269 000	15 247 000	10 554 000	12 523 000
Net Income	1 026 000	2 008 000	807 000	1 206 000
Total Assets	6 231 000	7 555 000	4 997 000	5 697 000
Total Equity	2 083 000	1 957 000	1 748 000	1 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 269 000	15 247 000	10 554 000	12 523 000
Expenditure	12 959 000	12 677 000	9 520 000	10 981 000
Operating Profit	1 310 000	2 569 000	1 034 000	1 542 000
Financial Income	15 000	13 000	9 000	17 000
Financial Costs	9 000	7 000	9 000	9 000
Financial Balance	6 000	6 000	0	8 000
Earnings Before Tax	1 316 000	2 575 000	1 034 000	1 550 000
Tax	290 000	567 000	228 000	344 000
Net Income	1 026 000	2 008 000	807 000	1 206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	61 000	81 000	110 000
Total Current Assets	6 188 000	7 494 000	4 916 000	5 586 000
Total Assets	6 231 000	7 555 000	4 997 000	5 697 000
Total Retained Equity	1 872 000	1 746 000	1 537 000	1 631 000
Total Equity	2 083 000	1 957 000	1 748 000	1 842 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 148 000	5 598 000	3 249 000	3 855 000
Total Equity and Debt	6 231 000	7 555 000	4 997 000	5 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 239 000	15 241 000	10 525 000	12 523 000
Other Income	29 000	6 000	30 000	0
Revenue	14 269 000	15 247 000	10 554 000	12 523 000
Cost of Goods Sold	5 629 000	5 660 000	3 977 000	4 752 000
Salary Costs	5 736 000	5 621 000	4 208 000	4 978 000
Depreciation	13 000	20 000	20 000	12 000
Impairment	0	0	0	0
Expenditure	12 959 000	12 677 000	9 520 000	10 981 000
Operating Profit	1 310 000	2 569 000	1 034 000	1 542 000
Financial Income	15 000	13 000	9 000	17 000
Financial Costs	9 000	7 000	9 000	9 000
Financial Balance	6 000	6 000	0	8 000
Dividends	900 000	1 800 000	900 000	1 200 000
Net Income	1 026 000	2 008 000	807 000	1 206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	12 000	11 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	49 000	70 000	90 000
Total Tangible Assets	27 000	49 000	70 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	61 000	81 000	110 000
Stock	1 200 000	1 376 000	946 000	937 000
Total Investments	0	0	0	0
Cash, Bank	1 865 000	2 900 000	1 300 000	2 002 000
Total Current Assets	6 188 000	7 494 000	4 916 000	5 586 000
Total Assets	6 231 000	7 555 000	4 997 000	5 697 000
Total Equity	2 083 000	1 957 000	1 748 000	1 842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 228 000	1 577 000	875 000	676 000
Unpaid Taxes	1 128 000	998 000	866 000	1 197 000
Dividends	900 000	1 800 000	900 000	1 200 000
Other Current Debt	598 000	656 000	389 000	448 000
Total Current Debt	4 148 000	5 598 000	3 249 000	3 855 000
Total Equity and Debt	6 231 000	7 555 000	4 997 000	5 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,26 %	102,61 %	46,17 %	65,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,18 %	16,85 %	9,8 %	12,31 %
Current Ratio	1,49	1,34	1,51	1,45
Quick Ratio	2,1	1,77	2,13	1,91
Equity Ratio	0,33	0,26	0,35	0,32
Gross Profit Margin	60,55 %	62,88 %	62,32 %	62,05 %