SOLSIDEN 1 AS

4950 RISØR

Finances

Return on Equity

182,46 %

Current Ratio

2,8

Debt-to-Equity Ratio

−7,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 522 000	69 472 000	95 677 000	76 432 000
Net Income	−15 201 000	6 631 000	9 606 000	10 278 000
Total Assets	76 320 000	100 053 000	92 297 000	103 453 000
Total Equity	−8 331 000	6 870 000	−280 000	−9 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 522 000	69 472 000	95 677 000	76 432 000
Expenditure	79 066 000	60 270 000	82 402 000	60 840 000
Operating Profit	−18 543 000	9 201 000	13 276 000	15 592 000
Financial Income	5 000	0	0	1 000
Financial Costs	949 000	700 000	961 000	2 416 000
Financial Balance	−944 000	−700 000	−961 000	−2 415 000
Earnings Before Tax	−19 488 000	8 501 000	12 316 000	13 177 000
Tax	−4 287 000	1 870 000	2 709 000	2 899 000
Net Income	−15 201 000	6 631 000	9 606 000	10 278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 486 000	2 152 000	9 390 000	10 780 000
Total Current Assets	70 833 000	97 901 000	82 906 000	92 673 000
Total Assets	76 320 000	100 053 000	92 297 000	103 453 000
Total Retained Equity	−8 984 000	6 216 000	−415 000	−10 021 000
Total Equity	−8 331 000	6 870 000	−280 000	−9 887 000
Total Long-Term Debt	59 326 000	52 571 000	71 417 000	81 480 000
Total Current Debt	25 324 000	40 612 000	21 160 000	31 860 000
Total Equity and Debt	76 320 000	100 053 000	92 297 000	103 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 457 000	69 335 000	95 468 000	76 134 000
Other Income	64 000	137 000	209 000	298 000
Revenue	60 522 000	69 472 000	95 677 000	76 432 000
Cost of Goods Sold	77 443 000	58 547 000	80 292 000	60 092 000
Salary Costs	0	0	0	0
Depreciation	261 000	104 000	240 000	240 000
Impairment	0	700 000	0	0
Expenditure	79 066 000	60 270 000	82 402 000	60 840 000
Operating Profit	−18 543 000	9 201 000	13 276 000	15 592 000
Financial Income	5 000	0	0	1 000
Financial Costs	949 000	700 000	961 000	2 416 000
Financial Balance	−944 000	−700 000	−961 000	−2 415 000
Dividends	0	0	0	0
Net Income	−15 201 000	6 631 000	9 606 000	10 278 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 595 000	0	992 000	3 701 000
Real Eastate	1 873 000	2 134 000	8 380 000	7 060 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 873 000	2 134 000	8 380 000	7 060 000
Total Fiancial Fixed Assets	19 000	19 000	19 000	19 000
Total Fixed Assets	5 486 000	2 152 000	9 390 000	10 780 000
Stock	65 838 000	96 359 000	65 316 000	90 378 000
Total Investments	0	0	0	0
Cash, Bank	4 845 000	1 352 000	17 205 000	2 214 000
Total Current Assets	70 833 000	97 901 000	82 906 000	92 673 000
Total Assets	76 320 000	100 053 000	92 297 000	103 453 000
Total Equity	−8 331 000	6 870 000	−280 000	−9 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 326 000	52 571 000	71 417 000	81 480 000
Creditors	3 846 000	6 528 000	8 771 000	4 843 000
Unpaid Taxes	0	10 000	39 000	11 000
Dividends	0	0	0	0
Other Current Debt	3 619 000	1 605 000	162 000	252 000
Total Current Debt	25 324 000	40 612 000	21 160 000	31 860 000
Total Equity and Debt	76 320 000	100 053 000	92 297 000	103 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	182,46 %	96,52 %	−3 430,71 %	−103,95 %
Debt-to-Equity Ratio	−7,12	7,65	−255,06	−8,24
Operating Profit Margin	−30,64 %	13,24 %	13,88 %	20,4 %
Current Ratio	2,8	2,41	3,92	2,91
Quick Ratio	−1,75	−1,76	−1,88	−1,58
Equity Ratio	−0,11	0,07	−0	−0,1
Gross Profit Margin	−27,96 %	15,73 %	16,08 %	21,38 %