SOLSKJERMING MØRE OG ROMSDAL AS

6057 ELLINGSØY

Finances

Share Ownership

Return on Equity

27,9 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 993 000	13 449 000	10 834 000	8 245 000
Net Income	315 000	388 000	287 000	127 000
Total Assets	2 186 000	2 273 000	2 918 000	1 640 000
Total Equity	1 129 000	813 000	825 000	538 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 993 000	13 449 000	10 834 000	8 245 000
Expenditure	11 604 000	12 923 000	10 464 000	8 072 000
Operating Profit	389 000	526 000	370 000	173 000
Financial Income	6 000	3 000	0	1 000
Financial Costs	0	7 000	21 000	10 000
Financial Balance	6 000	−4 000	−21 000	−9 000
Earnings Before Tax	395 000	523 000	350 000	164 000
Tax	79 000	135 000	64 000	37 000
Net Income	315 000	388 000	287 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	231 000	297 000	50 000
Total Current Assets	1 902 000	2 042 000	2 621 000	1 591 000
Total Assets	2 186 000	2 273 000	2 918 000	1 640 000
Total Retained Equity	1 029 000	713 000	725 000	438 000
Total Equity	1 129 000	813 000	825 000	538 000
Total Long-Term Debt	0	0	190 000	37 000
Total Current Debt	1 057 000	1 460 000	1 903 000	1 065 000
Total Equity and Debt	2 186 000	2 273 000	2 918 000	1 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 993 000	13 275 000	10 825 000	8 245 000
Other Income	0	174 000	8 000	0
Revenue	11 993 000	13 449 000	10 834 000	8 245 000
Cost of Goods Sold	6 360 000	7 501 000	6 072 000	4 482 000
Salary Costs	3 276 000	3 832 000	3 334 000	2 487 000
Depreciation	90 000	77 000	88 000	58 000
Impairment	0	0	0	0
Expenditure	11 604 000	12 923 000	10 464 000	8 072 000
Operating Profit	389 000	526 000	370 000	173 000
Financial Income	6 000	3 000	0	1 000
Financial Costs	0	7 000	21 000	10 000
Financial Balance	6 000	−4 000	−21 000	−9 000
Dividends	0	400 000	0	0
Net Income	315 000	388 000	287 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 000	16 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	258 000	216 000	297 000	50 000
Total Tangible Assets	284 000	231 000	297 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	284 000	231 000	297 000	50 000
Stock	478 000	459 000	298 000	354 000
Total Investments	0	0	0	0
Cash, Bank	193 000	638 000	1 633 000	591 000
Total Current Assets	1 902 000	2 042 000	2 621 000	1 591 000
Total Assets	2 186 000	2 273 000	2 918 000	1 640 000
Total Equity	1 129 000	813 000	825 000	538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	190 000	37 000
Creditors	26 000	304 000	500 000	286 000
Unpaid Taxes	515 000	713 000	1 076 000	536 000
Dividends	0	400 000	0	0
Other Current Debt	437 000	308 000	263 000	206 000
Total Current Debt	1 057 000	1 460 000	1 903 000	1 065 000
Total Equity and Debt	2 186 000	2 273 000	2 918 000	1 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,9 %	47,72 %	34,79 %	23,61 %
Debt-to-Equity Ratio	0	0	0,23	0,07
Operating Profit Margin	3,24 %	3,91 %	3,42 %	2,1 %
Current Ratio	1,8	1,4	1,38	1,49
Quick Ratio	3,28	2,04	1,63	2,24
Equity Ratio	0,52	0,36	0,28	0,33
Gross Profit Margin	46,97 %	44,23 %	43,95 %	45,64 %