K. E. SOLUM AS

0377 OSLO

Finances

Share Ownership

Return on Equity

70,91 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 000	353 000	306 000	348 000
Net Income	78 000	169 000	90 000	151 000
Total Assets	401 000	719 000	630 000	726 000
Total Equity	110 000	245 000	368 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 000	353 000	306 000	348 000
Expenditure	223 000	138 000	191 000	158 000
Operating Profit	94 000	216 000	115 000	190 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	1 000	4 000
Earnings Before Tax	100 000	216 000	116 000	194 000
Tax	22 000	48 000	26 000	43 000
Net Income	78 000	169 000	90 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	35 000	36 000	38 000
Total Current Assets	366 000	684 000	593 000	689 000
Total Assets	401 000	719 000	630 000	726 000
Total Retained Equity	80 000	2 000	125 000	35 000
Total Equity	110 000	245 000	368 000	278 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	290 000	474 000	262 000	448 000
Total Equity and Debt	401 000	719 000	630 000	726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	317 000	353 000	306 000	348 000
Revenue	317 000	353 000	306 000	348 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	223 000	138 000	191 000	158 000
Operating Profit	94 000	216 000	115 000	190 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	1 000	4 000
Dividends	0	168 000	0	146 000
Net Income	78 000	169 000	90 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	35 000	36 000	38 000
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	0	0	0	0
Total Fixed Assets	34 000	35 000	36 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	37 000
Cash, Bank	353 000	684 000	593 000	651 000
Total Current Assets	366 000	684 000	593 000	689 000
Total Assets	401 000	719 000	630 000	726 000
Total Equity	110 000	245 000	368 000	278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	0	0	0
Unpaid Taxes	59 000	84 000	59 000	83 000
Dividends	0	168 000	0	146 000
Other Current Debt	194 000	176 000	178 000	178 000
Total Current Debt	290 000	474 000	262 000	448 000
Total Equity and Debt	401 000	719 000	630 000	726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,91 %	68,98 %	24,46 %	54,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,65 %	61,19 %	37,58 %	54,6 %
Current Ratio	1,26	1,44	2,26	1,54
Quick Ratio	1,26	1,44	2,26	1,54
Equity Ratio	0,27	0,34	0,58	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %