SOLAX HOLDING AS

4625 FLEKKERØY

Finances

Return on Equity

17,31 %

Current Ratio

2,31

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 467 000	1 418 000	1 610 000	1 636 000
Net Income	98 000	89 000	289 000	398 000
Total Assets	1 791 000	1 754 000	2 294 000	2 336 000
Total Equity	566 000	467 000	618 000	329 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 467 000	1 418 000	1 610 000	1 636 000
Expenditure	1 341 000	1 303 000	1 306 000	1 373 000
Operating Profit	127 000	114 000	304 000	263 000
Financial Income	0	0	53 000	7 000
Financial Costs	0	0	1 000	−188 000
Financial Balance	0	0	52 000	195 000
Earnings Before Tax	127 000	114 000	356 000	457 000
Tax	28 000	26 000	67 000	59 000
Net Income	98 000	89 000	289 000	398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 014 000	855 000	835 000	780 000
Total Current Assets	777 000	898 000	1 459 000	1 556 000
Total Assets	1 791 000	1 754 000	2 294 000	2 336 000
Total Retained Equity	445 000	346 000	497 000	208 000
Total Equity	566 000	467 000	618 000	329 000
Total Long-Term Debt	888 000	888 000	1 025 000	189 000
Total Current Debt	336 000	399 000	651 000	1 818 000
Total Equity and Debt	1 791 000	1 754 000	2 294 000	2 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 467 000	1 418 000	1 600 000	1 636 000
Other Income	0	0	10 000	0
Revenue	1 467 000	1 418 000	1 610 000	1 636 000
Cost of Goods Sold	13 000	34 000	77 000	211 000
Salary Costs	729 000	739 000	661 000	595 000
Depreciation	70 000	75 000	36 000	31 000
Impairment	0	0	0	0
Expenditure	1 341 000	1 303 000	1 306 000	1 373 000
Operating Profit	127 000	114 000	304 000	263 000
Financial Income	0	0	53 000	7 000
Financial Costs	0	0	1 000	−188 000
Financial Balance	0	0	52 000	195 000
Dividends	0	0	0	1 000 000
Net Income	98 000	89 000	289 000	398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	11 000	8 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	112 000	182 000	165 000	61 000
Fixtures	0	0	0	0
Total Tangible Assets	112 000	182 000	165 000	61 000
Total Fiancial Fixed Assets	884 000	663 000	663 000	691 000
Total Fixed Assets	1 014 000	855 000	835 000	780 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	522 000	509 000	701 000	823 000
Total Current Assets	777 000	898 000	1 459 000	1 556 000
Total Assets	1 791 000	1 754 000	2 294 000	2 336 000
Total Equity	566 000	467 000	618 000	329 000
Short-Term Group Debt	0	47 000	357 000	532 000
Total Long-Term Debt	888 000	888 000	1 025 000	189 000
Creditors	100 000	148 000	33 000	26 000
Unpaid Taxes	87 000	75 000	120 000	98 000
Dividends	0	0	0	1 000 000
Other Current Debt	115 000	100 000	94 000	87 000
Total Current Debt	336 000	399 000	651 000	1 818 000
Total Equity and Debt	1 791 000	1 754 000	2 294 000	2 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,31 %	19,06 %	46,76 %	120,97 %
Debt-to-Equity Ratio	1,57	1,9	1,66	0,57
Operating Profit Margin	8,66 %	8,04 %	18,88 %	16,08 %
Current Ratio	2,31	2,25	2,24	0,86
Quick Ratio	2,31	2,25	2,24	0,86
Equity Ratio	0,32	0,27	0,27	0,14
Gross Profit Margin	99,11 %	97,6 %	95,22 %	87,1 %