SOLAMED AS

4632 KRISTIANSAND S

Finances

Return on Equity

15,05 %

Current Ratio

10,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 057 000	3 037 000	2 702 000	2 411 000
Net Income	752 000	854 000	985 000	754 000
Total Assets	5 456 000	4 762 000	4 254 000	3 280 000
Total Equity	4 997 000	4 245 000	3 841 000	2 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 057 000	3 037 000	2 702 000	2 411 000
Expenditure	1 974 000	2 045 000	1 449 000	1 460 000
Operating Profit	1 082 000	991 000	1 254 000	951 000
Financial Income	2 000	104 000	10 000	16 000
Financial Costs	92 000	0	0	0
Financial Balance	−90 000	104 000	10 000	16 000
Earnings Before Tax	992 000	1 096 000	1 264 000	967 000
Tax	240 000	242 000	279 000	214 000
Net Income	752 000	854 000	985 000	754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	544 000	54 000	299 000	365 000
Total Current Assets	4 911 000	4 707 000	3 955 000	2 915 000
Total Assets	5 456 000	4 762 000	4 254 000	3 280 000
Total Retained Equity	4 937 000	4 185 000	3 781 000	2 797 000
Total Equity	4 997 000	4 245 000	3 841 000	2 857 000
Total Long-Term Debt	4 000	8 000	12 000	18 000
Total Current Debt	455 000	509 000	401 000	405 000
Total Equity and Debt	5 456 000	4 762 000	4 254 000	3 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 057 000	3 037 000	2 702 000	2 399 000
Other Income	0	0	0	12 000
Revenue	3 057 000	3 037 000	2 702 000	2 411 000
Cost of Goods Sold	0	0	0	0
Salary Costs	981 000	987 000	737 000	712 000
Depreciation	149 000	21 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	1 974 000	2 045 000	1 449 000	1 460 000
Operating Profit	1 082 000	991 000	1 254 000	951 000
Financial Income	2 000	104 000	10 000	16 000
Financial Costs	92 000	0	0	0
Financial Balance	−90 000	104 000	10 000	16 000
Dividends	0	450 000	0	0
Net Income	752 000	854 000	985 000	754 000

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	22 000	43 000	64 000	85 000
Fixtures	517 000	6 000	134 000	178 000
Total Tangible Assets	538 000	48 000	198 000	263 000
Total Fiancial Fixed Assets	6 000	6 000	102 000	102 000
Total Fixed Assets	544 000	54 000	299 000	365 000
Stock	0	0	0	0
Total Investments	3 408 000	3 500 000	850 000	0
Cash, Bank	1 336 000	1 149 000	2 874 000	2 645 000
Total Current Assets	4 911 000	4 707 000	3 955 000	2 915 000
Total Assets	5 456 000	4 762 000	4 254 000	3 280 000
Total Equity	4 997 000	4 245 000	3 841 000	2 857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	8 000	12 000	18 000
Creditors	1 000	1 000	3 000	27 000
Unpaid Taxes	71 000	122 000	47 000	49 000
Dividends	0	450 000	0	0
Other Current Debt	139 000	140 000	65 000	111 000
Total Current Debt	455 000	509 000	401 000	405 000
Total Equity and Debt	5 456 000	4 762 000	4 254 000	3 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,05 %	20,12 %	25,64 %	26,39 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	35,39 %	32,63 %	46,41 %	39,44 %
Current Ratio	10,79	9,25	9,86	7,2
Quick Ratio	10,79	9,25	9,86	7,2
Equity Ratio	0,92	0,89	0,9	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %