HELGE SOLBERG AS

5262 ARNATVEIT

Finances

Share Ownership

Return on Equity

17,06 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 378 000	1 361 000	1 372 000	1 266 000
Net Income	101 000	120 000	155 000	101 000
Total Assets	828 000	776 000	714 000	597 000
Total Equity	592 000	491 000	370 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 378 000	1 361 000	1 372 000	1 266 000
Expenditure	1 242 000	1 206 000	1 173 000	1 138 000
Operating Profit	135 000	154 000	199 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	135 000	154 000	199 000	129 000
Tax	33 000	34 000	44 000	28 000
Net Income	101 000	120 000	155 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	127 000	175 000	221 000
Total Current Assets	775 000	649 000	539 000	376 000
Total Assets	828 000	776 000	714 000	597 000
Total Retained Equity	492 000	391 000	270 000	115 000
Total Equity	592 000	491 000	370 000	215 000
Total Long-Term Debt	0	8 000	12 000	13 000
Total Current Debt	236 000	277 000	332 000	369 000
Total Equity and Debt	828 000	776 000	714 000	597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 378 000	1 361 000	1 372 000	1 266 000
Other Income	0	0	0	0
Revenue	1 378 000	1 361 000	1 372 000	1 266 000
Cost of Goods Sold	913 000	921 000	961 000	846 000
Salary Costs	11 000	11 000	−7 000	15 000
Depreciation	73 000	48 000	46 000	55 000
Impairment	0	0	0	0
Expenditure	1 242 000	1 206 000	1 173 000	1 138 000
Operating Profit	135 000	154 000	199 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	101 000	120 000	155 000	101 000

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	54 000	127 000	175 000	221 000
Total Tangible Assets	54 000	127 000	175 000	221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	127 000	175 000	221 000
Stock	4 000	4 000	5 000	6 000
Total Investments	0	0	0	0
Cash, Bank	765 000	636 000	529 000	362 000
Total Current Assets	775 000	649 000	539 000	376 000
Total Assets	828 000	776 000	714 000	597 000
Total Equity	592 000	491 000	370 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	12 000	13 000
Creditors	84 000	68 000	60 000	60 000
Unpaid Taxes	2 000	0	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	109 000	171 000	222 000	288 000
Total Current Debt	236 000	277 000	332 000	369 000
Total Equity and Debt	828 000	776 000	714 000	597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,06 %	24,44 %	41,89 %	46,98 %
Debt-to-Equity Ratio	0	0,02	0,03	0,06
Operating Profit Margin	9,8 %	11,32 %	14,5 %	10,19 %
Current Ratio	3,28	2,34	1,62	1,02
Quick Ratio	3,34	2,38	1,65	1,04
Equity Ratio	0,71	0,63	0,52	0,36
Gross Profit Margin	33,74 %	32,33 %	29,96 %	33,18 %