SOLHATT ØKOLOGISK HAGEBRUK AS

2335 STANGE

Finances

Share Ownership

Return on Equity

33,2 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 574 000	7 572 000	7 205 000	4 771 000
Net Income	1 156 000	1 458 000	1 608 000	401 000
Total Assets	4 984 000	4 313 000	3 203 000	1 713 000
Total Equity	3 482 000	2 826 000	1 867 000	659 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 574 000	7 572 000	7 205 000	4 771 000
Expenditure	6 093 000	5 712 000	5 110 000	4 255 000
Operating Profit	1 481 000	1 859 000	2 095 000	516 000
Financial Income	27 000	22 000	17 000	10 000
Financial Costs	24 000	11 000	50 000	11 000
Financial Balance	3 000	11 000	−33 000	−1 000
Earnings Before Tax	1 485 000	1 870 000	2 062 000	515 000
Tax	328 000	412 000	454 000	114 000
Net Income	1 156 000	1 458 000	1 608 000	401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 560 000	1 010 000	1 093 000	553 000
Total Current Assets	3 425 000	3 303 000	2 111 000	1 160 000
Total Assets	4 984 000	4 313 000	3 203 000	1 713 000
Total Retained Equity	3 452 000	2 796 000	1 837 000	629 000
Total Equity	3 482 000	2 826 000	1 867 000	659 000
Total Long-Term Debt	0	0	7 000	2 000
Total Current Debt	1 503 000	1 488 000	1 329 000	1 051 000
Total Equity and Debt	4 984 000	4 313 000	3 203 000	1 713 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 574 000	7 571 000	7 176 000	4 674 000
Other Income	0	1 000	29 000	97 000
Revenue	7 574 000	7 572 000	7 205 000	4 771 000
Cost of Goods Sold	1 595 000	1 567 000	1 752 000	1 580 000
Salary Costs	2 622 000	2 413 000	1 764 000	1 574 000
Depreciation	404 000	337 000	265 000	148 000
Impairment	0	0	0	0
Expenditure	6 093 000	5 712 000	5 110 000	4 255 000
Operating Profit	1 481 000	1 859 000	2 095 000	516 000
Financial Income	27 000	22 000	17 000	10 000
Financial Costs	24 000	11 000	50 000	11 000
Financial Balance	3 000	11 000	−33 000	−1 000
Dividends	500 000	500 000	400 000	500 000
Net Income	1 156 000	1 458 000	1 608 000	401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	7 000	0	0
Real Eastate	0	6 000	0	0
Machinery and Plant Facilities	1 486 000	853 000	0	0
Fixtures	63 000	140 000	1 088 000	548 000
Total Tangible Assets	1 548 000	999 000	1 088 000	548 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 560 000	1 010 000	1 093 000	553 000
Stock	2 110 000	1 695 000	1 301 000	718 000
Total Investments	0	0	0	0
Cash, Bank	1 046 000	1 432 000	589 000	349 000
Total Current Assets	3 425 000	3 303 000	2 111 000	1 160 000
Total Assets	4 984 000	4 313 000	3 203 000	1 713 000
Total Equity	3 482 000	2 826 000	1 867 000	659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	2 000
Creditors	140 000	60 000	180 000	121 000
Unpaid Taxes	225 000	225 000	126 000	156 000
Dividends	500 000	500 000	400 000	500 000
Other Current Debt	310 000	277 000	174 000	159 000
Total Current Debt	1 503 000	1 488 000	1 329 000	1 051 000
Total Equity and Debt	4 984 000	4 313 000	3 203 000	1 713 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,2 %	51,59 %	86,13 %	60,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,55 %	24,55 %	29,08 %	10,82 %
Current Ratio	2,28	2,22	1,59	1,1
Quick Ratio	−5,64	−15,96	75,39	3,48
Equity Ratio	0,7	0,66	0,58	0,38
Gross Profit Margin	78,94 %	79,31 %	75,68 %	66,88 %