SOLVANG PETROCONSULT AS

7562 SAKSVIK

Finances

Share Ownership

Return on Equity

7,71 %

Current Ratio

7,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 947 000	3 115 000	3 162 000	3 481 000
Net Income	593 000	596 000	−1 457 000	3 104 000
Total Assets	8 897 000	8 863 000	8 579 000	10 206 000
Total Equity	7 689 000	7 696 000	7 501 000	9 258 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 947 000	3 115 000	3 162 000	3 481 000
Expenditure	1 764 000	1 662 000	1 558 000	1 623 000
Operating Profit	1 183 000	1 453 000	1 604 000	1 859 000
Financial Income	224 000	653 000	425 000	1 691 000
Financial Costs	561 000	1 064 000	3 120 000	35 000
Financial Balance	−337 000	−411 000	−2 695 000	1 656 000
Earnings Before Tax	846 000	1 042 000	−1 090 000	3 516 000
Tax	253 000	446 000	367 000	412 000
Net Income	593 000	596 000	−1 457 000	3 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	8 897 000	8 863 000	8 579 000	10 206 000
Total Assets	8 897 000	8 863 000	8 579 000	10 206 000
Total Retained Equity	7 649 000	7 656 000	7 461 000	9 218 000
Total Equity	7 689 000	7 696 000	7 501 000	9 258 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 207 000	1 166 000	1 078 000	948 000
Total Equity and Debt	8 897 000	8 863 000	8 579 000	10 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 947 000	3 115 000	3 162 000	3 481 000
Other Income	0	0	0	0
Revenue	2 947 000	3 115 000	3 162 000	3 481 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 342 000	1 302 000	1 286 000	1 296 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 764 000	1 662 000	1 558 000	1 623 000
Operating Profit	1 183 000	1 453 000	1 604 000	1 859 000
Financial Income	224 000	653 000	425 000	1 691 000
Financial Costs	561 000	1 064 000	3 120 000	35 000
Financial Balance	−337 000	−411 000	−2 695 000	1 656 000
Dividends	600 000	400 000	300 000	200 000
Net Income	593 000	596 000	−1 457 000	3 104 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	484 000	1 527 000	2 750 000	6 254 000
Cash, Bank	8 152 000	7 035 000	5 529 000	3 637 000
Total Current Assets	8 897 000	8 863 000	8 579 000	10 206 000
Total Assets	8 897 000	8 863 000	8 579 000	10 206 000
Total Equity	7 689 000	7 696 000	7 501 000	9 258 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	16 000	9 000	13 000
Unpaid Taxes	212 000	184 000	190 000	190 000
Dividends	600 000	400 000	300 000	200 000
Other Current Debt	132 000	121 000	212 000	134 000
Total Current Debt	1 207 000	1 166 000	1 078 000	948 000
Total Equity and Debt	8 897 000	8 863 000	8 579 000	10 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,71 %	7,74 %	−19,42 %	33,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,14 %	46,65 %	50,73 %	53,4 %
Current Ratio	7,37	7,6	7,96	10,77
Quick Ratio	7,37	7,6	7,96	10,77
Equity Ratio	0,86	0,87	0,87	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %