SOLVANG REVISJON AS

3916 PORSGRUNN

Finances

Return on Equity

19,46 %

Current Ratio

4,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 837 000	6 403 000	6 143 000	5 855 000
Net Income	1 301 000	3 409 000	2 034 000	1 714 000
Total Assets	8 694 000	11 869 000	8 845 000	7 413 000
Total Equity	6 687 000	5 385 000	7 476 000	6 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 837 000	6 403 000	6 143 000	5 855 000
Expenditure	4 137 000	4 000 000	3 851 000	3 762 000
Operating Profit	2 699 000	2 403 000	2 292 000	2 092 000
Financial Income	108 000	1 545 000	262 000	105 000
Financial Costs	908 000	0	1 000	0
Financial Balance	−800 000	1 545 000	261 000	105 000
Earnings Before Tax	1 899 000	3 947 000	2 553 000	2 198 000
Tax	597 000	538 000	519 000	484 000
Net Income	1 301 000	3 409 000	2 034 000	1 714 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	0	488 000
Total Current Assets	8 594 000	11 769 000	8 845 000	6 924 000
Total Assets	8 694 000	11 869 000	8 845 000	7 413 000
Total Retained Equity	6 587 000	5 285 000	7 376 000	6 062 000
Total Equity	6 687 000	5 385 000	7 476 000	6 162 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 007 000	6 484 000	1 369 000	1 250 000
Total Equity and Debt	8 694 000	11 869 000	8 845 000	7 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 837 000	6 403 000	6 143 000	5 855 000
Other Income	0	0	0	0
Revenue	6 837 000	6 403 000	6 143 000	5 855 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 258 000	3 078 000	3 084 000	3 012 000
Depreciation	0	0	0	2 000
Impairment	0	0	0	0
Expenditure	4 137 000	4 000 000	3 851 000	3 762 000
Operating Profit	2 699 000	2 403 000	2 292 000	2 092 000
Financial Income	108 000	1 545 000	262 000	105 000
Financial Costs	908 000	0	1 000	0
Financial Balance	−800 000	1 545 000	261 000	105 000
Dividends	0	5 500 000	720 000	160 000
Net Income	1 301 000	3 409 000	2 034 000	1 714 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	0	488 000
Total Fixed Assets	100 000	100 000	0	488 000
Stock	0	0	0	0
Total Investments	5 679 000	6 566 000	3 044 000	0
Cash, Bank	2 271 000	4 478 000	5 183 000	6 061 000
Total Current Assets	8 594 000	11 769 000	8 845 000	6 924 000
Total Assets	8 694 000	11 869 000	8 845 000	7 413 000
Total Equity	6 687 000	5 385 000	7 476 000	6 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	22 000	7 000	18 000
Unpaid Taxes	637 000	579 000	549 000	461 000
Dividends	0	5 500 000	720 000	160 000
Other Current Debt	753 000	5 344 000	294 000	288 000
Total Current Debt	2 007 000	6 484 000	1 369 000	1 250 000
Total Equity and Debt	8 694 000	11 869 000	8 845 000	7 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,46 %	63,31 %	27,21 %	27,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,48 %	37,53 %	37,31 %	35,73 %
Current Ratio	4,28	1,82	6,46	5,54
Quick Ratio	4,28	1,82	6,46	5,54
Equity Ratio	0,77	0,45	0,85	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %