SOLHEIM TREVARE AS

2930 BAGN

Finances

Share Ownership

Return on Equity

−15,84 %

Current Ratio

0,93

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 045 000	9 915 000	8 554 000	6 924 000
Net Income	−182 000	242 000	534 000	137 000
Total Assets	5 175 000	5 546 000	5 386 000	3 150 000
Total Equity	1 149 000	1 331 000	1 114 000	580 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 045 000	9 915 000	8 554 000	6 924 000
Expenditure	8 190 000	9 673 000	7 830 000	6 807 000
Operating Profit	−81 000	442 000	774 000	318 000
Financial Income	7 000	6 000	10 000	4 000
Financial Costs	159 000	136 000	98 000	149 000
Financial Balance	−152 000	−130 000	−88 000	−145 000
Earnings Before Tax	−234 000	311 000	686 000	174 000
Tax	−51 000	69 000	152 000	37 000
Net Income	−182 000	242 000	534 000	137 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 656 000	3 014 000	2 867 000	1 082 000
Total Current Assets	2 520 000	2 532 000	2 519 000	2 069 000
Total Assets	5 175 000	5 546 000	5 386 000	3 150 000
Total Retained Equity	939 000	1 121 000	904 000	370 000
Total Equity	1 149 000	1 331 000	1 114 000	580 000
Total Long-Term Debt	1 304 000	1 834 000	2 111 000	909 000
Total Current Debt	2 722 000	2 381 000	2 160 000	1 662 000
Total Equity and Debt	5 175 000	5 546 000	5 386 000	3 150 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 045 000	9 915 000	8 530 000	6 885 000
Other Income	0	0	24 000	38 000
Revenue	8 045 000	9 915 000	8 554 000	6 924 000
Cost of Goods Sold	2 126 000	2 876 000	2 638 000	2 334 000
Salary Costs	3 868 000	4 562 000	3 506 000	3 036 000
Depreciation	381 000	374 000	208 000	166 000
Impairment	0	0	0	0
Expenditure	8 190 000	9 673 000	7 830 000	6 807 000
Operating Profit	−81 000	442 000	774 000	318 000
Financial Income	7 000	6 000	10 000	4 000
Financial Costs	159 000	136 000	98 000	149 000
Financial Balance	−152 000	−130 000	−88 000	−145 000
Dividends	0	25 000	0	14 000
Net Income	−182 000	242 000	534 000	137 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	474 000	590 000	681 000	632 000
Machinery and Plant Facilities	1 913 000	2 135 000	2 123 000	364 000
Fixtures	229 000	271 000	58 000	86 000
Total Tangible Assets	2 616 000	2 997 000	2 862 000	1 082 000
Total Fiancial Fixed Assets	40 000	17 000	5 000	0
Total Fixed Assets	2 656 000	3 014 000	2 867 000	1 082 000
Stock	1 778 000	1 520 000	1 258 000	1 230 000
Total Investments	0	0	0	0
Cash, Bank	0	56 000	43 000	1 000
Total Current Assets	2 520 000	2 532 000	2 519 000	2 069 000
Total Assets	5 175 000	5 546 000	5 386 000	3 150 000
Total Equity	1 149 000	1 331 000	1 114 000	580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 304 000	1 834 000	2 111 000	909 000
Creditors	857 000	1 053 000	1 057 000	419 000
Unpaid Taxes	1 039 000	492 000	172 000	433 000
Dividends	0	25 000	0	14 000
Other Current Debt	445 000	518 000	461 000	385 000
Total Current Debt	2 722 000	2 381 000	2 160 000	1 662 000
Total Equity and Debt	5 175 000	5 546 000	5 386 000	3 150 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−15,84 %	18,18 %	47,94 %	23,62 %
Debt-to-Equity Ratio	1,13	1,38	1,89	1,57
Operating Profit Margin	−1,01 %	4,46 %	9,05 %	4,59 %
Current Ratio	0,93	1,06	1,17	1,24
Quick Ratio	2,67	2,94	2,79	4,79
Equity Ratio	0,22	0,24	0,21	0,18
Gross Profit Margin	73,57 %	70,99 %	69,16 %	66,29 %