2 SOLER AS

4405 FLEKKEFJORD

Finances

Return on Equity

16,53 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 268 000	4 658 000	3 879 000	3 331 000
Net Income	160 000	−94 000	−288 000	1 000
Total Assets	2 245 000	1 749 000	1 969 000	1 253 000
Total Equity	968 000	582 000	673 000	601 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 268 000	4 658 000	3 879 000	3 331 000
Expenditure	6 288 000	4 664 000	3 744 000	2 938 000
Operating Profit	277 000	21 000	−180 000	69 000
Financial Income	22 000	1 000	11 000	4 000
Financial Costs	138 000	116 000	118 000	71 000
Financial Balance	−116 000	−115 000	−107 000	−67 000
Earnings Before Tax	160 000	−94 000	−288 000	2 000
Tax	0	0	0	0
Net Income	160 000	−94 000	−288 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	318 000	119 000	0
Total Current Assets	1 946 000	1 432 000	1 850 000	1 253 000
Total Assets	2 245 000	1 749 000	1 969 000	1 253 000
Total Retained Equity	−47 000	−208 000	−117 000	171 000
Total Equity	968 000	582 000	673 000	601 000
Total Long-Term Debt	70 000	93 000	112 000	0
Total Current Debt	1 207 000	1 074 000	1 185 000	653 000
Total Equity and Debt	2 245 000	1 749 000	1 969 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 268 000	4 658 000	3 879 000	3 331 000
Other Income	0	0	0	0
Revenue	7 268 000	4 658 000	3 879 000	3 331 000
Cost of Goods Sold	4 854 000	3 313 000	2 792 000	2 207 000
Salary Costs	362 000	450 000	329 000	291 000
Depreciation	19 000	24 000	30 000	0
Impairment	0	0	0	0
Expenditure	6 288 000	4 664 000	3 744 000	2 938 000
Operating Profit	277 000	21 000	−180 000	69 000
Financial Income	22 000	1 000	11 000	4 000
Financial Costs	138 000	116 000	118 000	71 000
Financial Balance	−116 000	−115 000	−107 000	−67 000
Dividends	0	0	0	0
Net Income	160 000	−94 000	−288 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	213 000	213 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	76 000	95 000	119 000	0
Fixtures	0	0	0	0
Total Tangible Assets	76 000	95 000	119 000	0
Total Fiancial Fixed Assets	9 000	9 000	0	0
Total Fixed Assets	299 000	318 000	119 000	0
Stock	1 691 000	987 000	1 014 000	699 000
Total Investments	0	0	0	0
Cash, Bank	10 000	3 000	11 000	60 000
Total Current Assets	1 946 000	1 432 000	1 850 000	1 253 000
Total Assets	2 245 000	1 749 000	1 969 000	1 253 000
Total Equity	968 000	582 000	673 000	601 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	93 000	112 000	0
Creditors	272 000	279 000	234 000	52 000
Unpaid Taxes	282 000	74 000	63 000	−38 000
Dividends	0	0	0	0
Other Current Debt	54 000	112 000	115 000	27 000
Total Current Debt	1 207 000	1 074 000	1 185 000	653 000
Total Equity and Debt	2 245 000	1 749 000	1 969 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,53 %	−16,15 %	−42,79 %	0,17 %
Debt-to-Equity Ratio	0,07	0,16	0,17	0
Operating Profit Margin	3,81 %	0,45 %	−4,64 %	2,07 %
Current Ratio	1,61	1,33	1,56	1,92
Quick Ratio	−4,02	16,46	10,82	−27,24
Equity Ratio	0,43	0,33	0,34	0,48
Gross Profit Margin	33,21 %	28,88 %	28,02 %	33,74 %