GEORG SOLLI AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

35,22 %

Current Ratio

3,94

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	667 000	568 000	1 382 000	1 050 000
Net Income	168 000	−80 000	107 000	−24 000
Total Assets	597 000	481 000	785 000	707 000
Total Equity	477 000	309 000	389 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	667 000	568 000	1 382 000	1 050 000
Expenditure	450 000	669 000	1 236 000	1 067 000
Operating Profit	218 000	−100 000	146 000	−18 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	10 000	12 000
Financial Balance	−2 000	−3 000	−10 000	−12 000
Earnings Before Tax	216 000	−103 000	137 000	−30 000
Tax	48 000	−23 000	30 000	−7 000
Net Income	168 000	−80 000	107 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	279 000	327 000	362 000
Total Current Assets	370 000	201 000	458 000	344 000
Total Assets	597 000	481 000	785 000	707 000
Total Retained Equity	447 000	279 000	359 000	253 000
Total Equity	477 000	309 000	389 000	283 000
Total Long-Term Debt	25 000	67 000	141 000	316 000
Total Current Debt	94 000	105 000	254 000	108 000
Total Equity and Debt	597 000	481 000	785 000	707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	667 000	560 000	1 390 000	1 050 000
Other Income	0	8 000	−8 000	0
Revenue	667 000	568 000	1 382 000	1 050 000
Cost of Goods Sold	20 000	47 000	386 000	334 000
Salary Costs	118 000	329 000	544 000	403 000
Depreciation	43 000	46 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	450 000	669 000	1 236 000	1 067 000
Operating Profit	218 000	−100 000	146 000	−18 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	10 000	12 000
Financial Balance	−2 000	−3 000	−10 000	−12 000
Dividends	0	0	0	0
Net Income	168 000	−80 000	107 000	−24 000

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	0	0	0	0
Fixtures	227 000	270 000	316 000	362 000
Total Tangible Assets	227 000	270 000	316 000	362 000
Total Fiancial Fixed Assets	0	9 000	11 000	0
Total Fixed Assets	227 000	279 000	327 000	362 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	141 000	100 000	353 000	340 000
Total Current Assets	370 000	201 000	458 000	344 000
Total Assets	597 000	481 000	785 000	707 000
Total Equity	477 000	309 000	389 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	67 000	141 000	316 000
Creditors	16 000	14 000	40 000	15 000
Unpaid Taxes	40 000	59 000	145 000	70 000
Dividends	0	0	0	0
Other Current Debt	12 000	32 000	58 000	24 000
Total Current Debt	94 000	105 000	254 000	108 000
Total Equity and Debt	597 000	481 000	785 000	707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,22 %	−25,89 %	27,51 %	−8,48 %
Debt-to-Equity Ratio	0,05	0,22	0,36	1,12
Operating Profit Margin	32,68 %	−17,61 %	10,56 %	−1,71 %
Current Ratio	3,94	1,91	1,8	3,19
Quick Ratio	3,94	1,91	1,8	3,19
Equity Ratio	0,8	0,64	0,5	0,4
Gross Profit Margin	97 %	91,73 %	72,07 %	68,19 %