SOLIDROCK AS

4639 KRISTIANSAND S

Finances

Return on Equity

48,15 %

Current Ratio

2,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 322 000	3 874 000	2 143 000	768 000
Net Income	1 236 000	1 553 000	443 000	66 000
Total Assets	3 945 000	3 163 000	1 411 000	991 000
Total Equity	2 567 000	1 831 000	778 000	735 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 322 000	3 874 000	2 143 000	768 000
Expenditure	2 516 000	1 949 000	1 542 000	692 000
Operating Profit	1 806 000	1 926 000	600 000	76 000
Financial Income	25 000	60 000	1 000	21 000
Financial Costs	198 000	8 000	25 000	0
Financial Balance	−173 000	52 000	−24 000	21 000
Earnings Before Tax	1 633 000	1 978 000	577 000	96 000
Tax	397 000	425 000	133 000	30 000
Net Income	1 236 000	1 553 000	443 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	470 000	27 000	34 000	113 000
Total Current Assets	3 474 000	3 135 000	1 377 000	878 000
Total Assets	3 945 000	3 163 000	1 411 000	991 000
Total Retained Equity	2 537 000	1 801 000	748 000	705 000
Total Equity	2 567 000	1 831 000	778 000	735 000
Total Long-Term Debt	0	51 000	21 000	0
Total Current Debt	1 378 000	1 281 000	612 000	256 000
Total Equity and Debt	3 945 000	3 163 000	1 411 000	991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 322 000	3 874 000	2 143 000	768 000
Other Income	0	0	0	0
Revenue	4 322 000	3 874 000	2 143 000	768 000
Cost of Goods Sold	587 000	263 000	18 000	0
Salary Costs	1 465 000	1 371 000	1 265 000	2 000
Depreciation	12 000	7 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 516 000	1 949 000	1 542 000	692 000
Operating Profit	1 806 000	1 926 000	600 000	76 000
Financial Income	25 000	60 000	1 000	21 000
Financial Costs	198 000	8 000	25 000	0
Financial Balance	−173 000	52 000	−24 000	21 000
Dividends	500 000	500 000	400 000	100 000
Net Income	1 236 000	1 553 000	443 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	98 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	19 000	0
Total Tangible Assets	0	12 000	19 000	0
Total Fiancial Fixed Assets	470 000	15 000	15 000	15 000
Total Fixed Assets	470 000	27 000	34 000	113 000
Stock	0	0	0	0
Total Investments	541 000	580 000	52 000	177 000
Cash, Bank	2 368 000	1 782 000	1 148 000	543 000
Total Current Assets	3 474 000	3 135 000	1 377 000	878 000
Total Assets	3 945 000	3 163 000	1 411 000	991 000
Total Equity	2 567 000	1 831 000	778 000	735 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	51 000	21 000	0
Creditors	52 000	0	0	1 000
Unpaid Taxes	221 000	255 000	79 000	26 000
Dividends	500 000	500 000	400 000	100 000
Other Current Debt	157 000	131 000	117 000	0
Total Current Debt	1 378 000	1 281 000	612 000	256 000
Total Equity and Debt	3 945 000	3 163 000	1 411 000	991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,15 %	84,82 %	56,94 %	8,98 %
Debt-to-Equity Ratio	0	0,03	0,03	0
Operating Profit Margin	41,79 %	49,72 %	28 %	9,9 %
Current Ratio	2,52	2,45	2,25	3,43
Quick Ratio	2,52	2,45	2,25	3,43
Equity Ratio	0,65	0,58	0,55	0,74
Gross Profit Margin	86,42 %	93,21 %	99,16 %	100 %