SOLARIS NORGE AS

0664 OSLO

Finances

Share Ownership

Return on Equity

13,56 %

Current Ratio

48,14

Debt-to-Equity Ratio

−10,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 465 000	51 050 000	114 715 000	161 479 000
Net Income	−3 890 000	4 746 000	−1 245 000	2 157 000
Total Assets	287 621 000	43 962 000	40 885 000	52 311 000
Total Equity	−28 684 000	−24 794 000	−29 540 000	−28 295 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 465 000	51 050 000	114 715 000	161 479 000
Expenditure	50 234 000	49 548 000	111 295 000	158 780 000
Operating Profit	1 231 000	1 502 000	3 420 000	2 699 000
Financial Income	7 221 000	5 230 000	112 000	8 653 000
Financial Costs	12 342 000	1 986 000	5 120 000	8 271 000
Financial Balance	−5 121 000	3 244 000	−5 008 000	382 000
Earnings Before Tax	−3 890 000	4 746 000	−1 588 000	3 081 000
Tax	0	0	−343 000	925 000
Net Income	−3 890 000	4 746 000	−1 245 000	2 157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 133 000	3 020 000	3 118 000	2 815 000
Total Current Assets	284 488 000	40 943 000	37 767 000	49 497 000
Total Assets	287 621 000	43 962 000	40 885 000	52 311 000
Total Retained Equity	−30 684 000	−26 794 000	−31 540 000	−30 295 000
Total Equity	−28 684 000	−24 794 000	−29 540 000	−28 295 000
Total Long-Term Debt	310 395 000	61 671 000	65 359 000	69 652 000
Total Current Debt	5 910 000	7 085 000	5 066 000	10 955 000
Total Equity and Debt	287 621 000	43 962 000	40 885 000	52 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 012 000	50 273 000	114 110 000	160 904 000
Other Income	1 453 000	777 000	606 000	575 000
Revenue	51 465 000	51 050 000	114 715 000	161 479 000
Cost of Goods Sold	28 048 000	25 456 000	88 976 000	130 731 000
Salary Costs	13 139 000	14 065 000	13 772 000	17 584 000
Depreciation	48 000	98 000	106 000	153 000
Impairment	0	0	0	0
Expenditure	50 234 000	49 548 000	111 295 000	158 780 000
Operating Profit	1 231 000	1 502 000	3 420 000	2 699 000
Financial Income	7 221 000	5 230 000	112 000	8 653 000
Financial Costs	12 342 000	1 986 000	5 120 000	8 271 000
Financial Balance	−5 121 000	3 244 000	−5 008 000	382 000
Dividends	0	0	0	0
Net Income	−3 890 000	4 746 000	−1 245 000	2 157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 919 000	2 919 000	2 919 000	2 575 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	215 000	101 000	199 000	240 000
Total Tangible Assets	215 000	101 000	199 000	240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 133 000	3 020 000	3 118 000	2 815 000
Stock	269 074 000	9 694 000	10 121 000	11 147 000
Total Investments	0	0	0	0
Cash, Bank	9 205 000	11 804 000	16 127 000	18 334 000
Total Current Assets	284 488 000	40 943 000	37 767 000	49 497 000
Total Assets	287 621 000	43 962 000	40 885 000	52 311 000
Total Equity	−28 684 000	−24 794 000	−29 540 000	−28 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	310 395 000	61 671 000	65 359 000	69 652 000
Creditors	2 171 000	574 000	923 000	2 206 000
Unpaid Taxes	1 784 000	3 859 000	1 781 000	6 499 000
Dividends	0	0	0	0
Other Current Debt	1 955 000	2 653 000	2 362 000	2 250 000
Total Current Debt	5 910 000	7 085 000	5 066 000	10 955 000
Total Equity and Debt	287 621 000	43 962 000	40 885 000	52 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,56 %	−19,14 %	4,21 %	−7,62 %
Debt-to-Equity Ratio	−10,82	−2,49	−2,21	−2,46
Operating Profit Margin	2,39 %	2,94 %	2,98 %	1,67 %
Current Ratio	48,14	5,78	7,45	4,52
Quick Ratio	−1,08	−15,69	−7,47	−257,8
Equity Ratio	−0,1	−0,56	−0,72	−0,54
Gross Profit Margin	45,5 %	50,14 %	22,44 %	19,04 %