SOLNOR AS

5282 LONEVÅG

Finances

Share Ownership

Return on Equity

818,6 %

Current Ratio

1,95

Debt-to-Equity Ratio

−28,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 054 000	2 593 000	2 282 000	3 223 000
Net Income	−352 000	−61 000	−138 000	176 000
Total Assets	1 451 000	2 384 000	2 582 000	3 128 000
Total Equity	−43 000	309 000	370 000	508 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 054 000	2 593 000	2 282 000	3 223 000
Expenditure	2 374 000	2 602 000	2 372 000	2 902 000
Operating Profit	−321 000	−9 000	−91 000	320 000
Financial Income	14 000	14 000	14 000	16 000
Financial Costs	87 000	83 000	100 000	106 000
Financial Balance	−73 000	−69 000	−86 000	−90 000
Earnings Before Tax	−393 000	−78 000	−177 000	229 000
Tax	−42 000	−17 000	−39 000	53 000
Net Income	−352 000	−61 000	−138 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	901 000	1 362 000	1 770 000	2 178 000
Total Current Assets	551 000	1 023 000	812 000	950 000
Total Assets	1 451 000	2 384 000	2 582 000	3 128 000
Total Retained Equity	−103 000	249 000	310 000	448 000
Total Equity	−43 000	309 000	370 000	508 000
Total Long-Term Debt	1 213 000	1 652 000	1 963 000	2 326 000
Total Current Debt	282 000	423 000	249 000	293 000
Total Equity and Debt	1 451 000	2 384 000	2 582 000	3 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 049 000	2 593 000	2 272 000	3 193 000
Other Income	5 000	0	10 000	30 000
Revenue	2 054 000	2 593 000	2 282 000	3 223 000
Cost of Goods Sold	442 000	733 000	820 000	944 000
Salary Costs	411 000	131 000	172 000	44 000
Depreciation	408 000	408 000	408 000	408 000
Impairment	0	0	0	0
Expenditure	2 374 000	2 602 000	2 372 000	2 902 000
Operating Profit	−321 000	−9 000	−91 000	320 000
Financial Income	14 000	14 000	14 000	16 000
Financial Costs	87 000	83 000	100 000	106 000
Financial Balance	−73 000	−69 000	−86 000	−90 000
Dividends	0	0	0	0
Net Income	−352 000	−61 000	−138 000	176 000

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	901 000	1 309 000	1 717 000	2 125 000
Fixtures	0	0	0	0
Total Tangible Assets	901 000	1 309 000	1 717 000	2 125 000
Total Fiancial Fixed Assets	0	53 000	53 000	53 000
Total Fixed Assets	901 000	1 362 000	1 770 000	2 178 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	400 000	422 000	561 000
Total Current Assets	551 000	1 023 000	812 000	950 000
Total Assets	1 451 000	2 384 000	2 582 000	3 128 000
Total Equity	−43 000	309 000	370 000	508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 213 000	1 652 000	1 963 000	2 326 000
Creditors	150 000	350 000	142 000	250 000
Unpaid Taxes	85 000	10 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	46 000	63 000	77 000	43 000
Total Current Debt	282 000	423 000	249 000	293 000
Total Equity and Debt	1 451 000	2 384 000	2 582 000	3 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	818,6 %	−19,74 %	−37,3 %	34,65 %
Debt-to-Equity Ratio	−28,21	5,35	5,31	4,58
Operating Profit Margin	−15,63 %	−0,35 %	−3,99 %	9,93 %
Current Ratio	1,95	2,42	3,26	3,24
Quick Ratio	1,95	2,42	3,26	3,24
Equity Ratio	−0,03	0,13	0,14	0,16
Gross Profit Margin	78,48 %	71,73 %	64,07 %	70,71 %