SOLBERG VVS SERVICE AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

29,09 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 453 000	7 213 000	7 109 000	7 038 000
Net Income	313 000	144 000	182 000	78 000
Total Assets	4 144 000	2 743 000	2 791 000	2 619 000
Total Equity	1 076 000	763 000	619 000	437 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 453 000	7 213 000	7 109 000	7 038 000
Expenditure	8 997 000	6 973 000	6 825 000	6 909 000
Operating Profit	456 000	240 000	284 000	128 000
Financial Income	0	0	0	0
Financial Costs	49 000	56 000	50 000	29 000
Financial Balance	−49 000	−56 000	−50 000	−29 000
Earnings Before Tax	407 000	184 000	234 000	99 000
Tax	94 000	41 000	52 000	21 000
Net Income	313 000	144 000	182 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	420 000	565 000	352 000
Total Current Assets	3 870 000	2 324 000	2 226 000	2 267 000
Total Assets	4 144 000	2 743 000	2 791 000	2 619 000
Total Retained Equity	976 000	663 000	519 000	337 000
Total Equity	1 076 000	763 000	619 000	437 000
Total Long-Term Debt	159 000	292 000	445 000	259 000
Total Current Debt	2 909 000	1 688 000	1 727 000	1 923 000
Total Equity and Debt	4 144 000	2 743 000	2 791 000	2 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 453 000	7 213 000	7 109 000	5 951 000
Other Income	0	0	0	1 086 000
Revenue	9 453 000	7 213 000	7 109 000	7 038 000
Cost of Goods Sold	4 866 000	3 817 000	4 689 000	4 284 000
Salary Costs	3 049 000	2 243 000	1 504 000	1 986 000
Depreciation	125 000	125 000	72 000	60 000
Impairment	0	0	0	0
Expenditure	8 997 000	6 973 000	6 825 000	6 909 000
Operating Profit	456 000	240 000	284 000	128 000
Financial Income	0	0	0	0
Financial Costs	49 000	56 000	50 000	29 000
Financial Balance	−49 000	−56 000	−50 000	−29 000
Dividends	0	0	0	100 000
Net Income	313 000	144 000	182 000	78 000

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	258 000	383 000	508 000	275 000
Total Tangible Assets	258 000	383 000	508 000	275 000
Total Fiancial Fixed Assets	17 000	37 000	57 000	77 000
Total Fixed Assets	275 000	420 000	565 000	352 000
Stock	1 302 000	679 000	616 000	723 000
Total Investments	0	0	0	0
Cash, Bank	99 000	277 000	217 000	79 000
Total Current Assets	3 870 000	2 324 000	2 226 000	2 267 000
Total Assets	4 144 000	2 743 000	2 791 000	2 619 000
Total Equity	1 076 000	763 000	619 000	437 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	159 000	292 000	445 000	259 000
Creditors	1 542 000	900 000	1 380 000	1 040 000
Unpaid Taxes	539 000	453 000	149 000	405 000
Dividends	0	0	0	100 000
Other Current Debt	731 000	274 000	170 000	357 000
Total Current Debt	2 909 000	1 688 000	1 727 000	1 923 000
Total Equity and Debt	4 144 000	2 743 000	2 791 000	2 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,09 %	18,87 %	29,4 %	17,85 %
Debt-to-Equity Ratio	0,15	0,38	0,72	0,59
Operating Profit Margin	4,82 %	3,33 %	3,99 %	1,82 %
Current Ratio	1,33	1,38	1,29	1,18
Quick Ratio	2,41	2,3	2	1,89
Equity Ratio	0,26	0,28	0,22	0,17
Gross Profit Margin	48,52 %	47,08 %	34,04 %	39,13 %