SOLIDTEC AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

24,46 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 253 000	19 240 000	14 127 000	13 082 000
Net Income	589 000	1 381 000	937 000	283 000
Total Assets	10 205 000	6 934 000	4 877 000	3 732 000
Total Equity	2 408 000	2 068 000	1 377 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 253 000	19 240 000	14 127 000	13 082 000
Expenditure	24 195 000	17 426 000	12 888 000	12 650 000
Operating Profit	1 059 000	1 814 000	1 239 000	432 000
Financial Income	10 000	12 000	0	1 000
Financial Costs	295 000	53 000	35 000	65 000
Financial Balance	−285 000	−41 000	−35 000	−64 000
Earnings Before Tax	774 000	1 772 000	1 203 000	368 000
Tax	185 000	391 000	266 000	84 000
Net Income	589 000	1 381 000	937 000	283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 063 000	501 000	219 000	236 000
Total Current Assets	7 142 000	6 433 000	4 658 000	3 496 000
Total Assets	10 205 000	6 934 000	4 877 000	3 732 000
Total Retained Equity	1 508 000	1 168 000	477 000	0
Total Equity	2 408 000	2 068 000	1 377 000	900 000
Total Long-Term Debt	2 679 000	0	0	100 000
Total Current Debt	5 119 000	4 866 000	3 500 000	2 732 000
Total Equity and Debt	10 205 000	6 934 000	4 877 000	3 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 253 000	19 240 000	14 127 000	13 082 000
Other Income	0	0	0	0
Revenue	25 253 000	19 240 000	14 127 000	13 082 000
Cost of Goods Sold	9 465 000	6 478 000	4 913 000	4 782 000
Salary Costs	7 658 000	6 079 000	4 622 000	4 748 000
Depreciation	214 000	42 000	50 000	94 000
Impairment	0	0	0	0
Expenditure	24 195 000	17 426 000	12 888 000	12 650 000
Operating Profit	1 059 000	1 814 000	1 239 000	432 000
Financial Income	10 000	12 000	0	1 000
Financial Costs	295 000	53 000	35 000	65 000
Financial Balance	−285 000	−41 000	−35 000	−64 000
Dividends	250 000	690 000	460 000	84 000
Net Income	589 000	1 381 000	937 000	283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	174 000	187 000	205 000	195 000
Real Eastate	978 000	0	0	0
Machinery and Plant Facilities	357 000	137 000	0	0
Fixtures	230 000	178 000	14 000	41 000
Total Tangible Assets	1 565 000	315 000	14 000	41 000
Total Fiancial Fixed Assets	1 324 000	0	0	0
Total Fixed Assets	3 063 000	501 000	219 000	236 000
Stock	3 651 000	2 500 000	1 816 000	1 453 000
Total Investments	0	0	0	0
Cash, Bank	945 000	1 963 000	968 000	176 000
Total Current Assets	7 142 000	6 433 000	4 658 000	3 496 000
Total Assets	10 205 000	6 934 000	4 877 000	3 732 000
Total Equity	2 408 000	2 068 000	1 377 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 679 000	0	0	100 000
Creditors	2 666 000	1 828 000	1 258 000	1 185 000
Unpaid Taxes	1 054 000	1 006 000	721 000	779 000
Dividends	250 000	690 000	460 000	84 000
Other Current Debt	996 000	960 000	777 000	576 000
Total Current Debt	5 119 000	4 866 000	3 500 000	2 732 000
Total Equity and Debt	10 205 000	6 934 000	4 877 000	3 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,46 %	66,78 %	68,05 %	31,44 %
Debt-to-Equity Ratio	1,11	0	0	0,11
Operating Profit Margin	4,19 %	9,43 %	8,77 %	3,3 %
Current Ratio	1,4	1,32	1,33	1,28
Quick Ratio	4,87	2,72	2,77	2,73
Equity Ratio	0,24	0,3	0,28	0,24
Gross Profit Margin	62,52 %	66,33 %	65,22 %	63,45 %