SOLØR UTEMILJØ AS

2264 GRINDER

Finances

Share Ownership

Return on Equity

34,81 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	790 000	1 479 000	2 652 000	2 384 000
Net Income	392 000	181 000	177 000	−62 000
Total Assets	2 030 000	879 000	1 908 000	1 328 000
Total Equity	1 126 000	734 000	853 000	676 000

Income (NOK)	2022	2021	2020	2019
Revenue	790 000	1 479 000	2 652 000	2 384 000
Expenditure	291 000	1 220 000	2 409 000	2 464 000
Operating Profit	499 000	259 000	243 000	−81 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	0	24 000	19 000	3 000
Financial Balance	2 000	−21 000	−16 000	0
Earnings Before Tax	501 000	237 000	227 000	−80 000
Tax	109 000	56 000	50 000	−18 000
Net Income	392 000	181 000	177 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	503 000	413 000
Total Current Assets	2 030 000	879 000	1 406 000	914 000
Total Assets	2 030 000	879 000	1 908 000	1 328 000
Total Retained Equity	1 026 000	634 000	753 000	576 000
Total Equity	1 126 000	734 000	853 000	676 000
Total Long-Term Debt	0	0	176 000	2 000
Total Current Debt	904 000	145 000	880 000	649 000
Total Equity and Debt	2 030 000	879 000	1 908 000	1 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	1 479 000	2 652 000	2 384 000
Other Income	705 000	0	0	0
Revenue	790 000	1 479 000	2 652 000	2 384 000
Cost of Goods Sold	21 000	419 000	585 000	716 000
Salary Costs	10 000	421 000	970 000	879 000
Depreciation	0	26 000	183 000	132 000
Impairment	0	0	0	0
Expenditure	291 000	1 220 000	2 409 000	2 464 000
Operating Profit	499 000	259 000	243 000	−81 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	0	24 000	19 000	3 000
Financial Balance	2 000	−21 000	−16 000	0
Dividends	0	300 000	0	0
Net Income	392 000	181 000	177 000	−62 000

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	412 000	358 000
Fixtures	0	0	91 000	55 000
Total Tangible Assets	0	0	503 000	413 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	503 000	413 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 013 000	697 000	836 000	81 000
Total Current Assets	2 030 000	879 000	1 406 000	914 000
Total Assets	2 030 000	879 000	1 908 000	1 328 000
Total Equity	1 126 000	734 000	853 000	676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	176 000	2 000
Creditors	69 000	15 000	290 000	142 000
Unpaid Taxes	135 000	27 000	110 000	167 000
Dividends	0	300 000	0	0
Other Current Debt	590 000	44 000	431 000	341 000
Total Current Debt	904 000	145 000	880 000	649 000
Total Equity and Debt	2 030 000	879 000	1 908 000	1 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,81 %	24,66 %	20,75 %	−9,17 %
Debt-to-Equity Ratio	0	0	0,21	0
Operating Profit Margin	63,16 %	17,51 %	9,16 %	−3,4 %
Current Ratio	2,25	6,06	1,6	1,41
Quick Ratio	2,25	6,06	1,6	1,41
Equity Ratio	0,55	0,84	0,45	0,51
Gross Profit Margin	97,34 %	71,67 %	77,94 %	69,97 %