SOLARBIO AS

3174 REVETAL

Finances

Share Ownership

Return on Equity

−119,18 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 270 000	782 000	89 000	457 000
Net Income	−174 000	228 000	−43 000	8 000
Total Assets	363 000	796 000	254 000	333 000
Total Equity	146 000	320 000	92 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 270 000	782 000	89 000	457 000
Expenditure	1 438 000	483 000	140 000	440 000
Operating Profit	−168 000	298 000	−51 000	18 000
Financial Income	4 000	3 000	0	1 000
Financial Costs	10 000	9 000	5 000	8 000
Financial Balance	−6 000	−6 000	−5 000	−7 000
Earnings Before Tax	−174 000	292 000	−56 000	10 000
Tax	0	64 000	−12 000	2 000
Net Income	−174 000	228 000	−43 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	0	0	0
Total Current Assets	254 000	796 000	254 000	333 000
Total Assets	363 000	796 000	254 000	333 000
Total Retained Equity	116 000	290 000	62 000	105 000
Total Equity	146 000	320 000	92 000	135 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	217 000	476 000	162 000	197 000
Total Equity and Debt	363 000	796 000	254 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 270 000	782 000	89 000	457 000
Other Income	0	0	0	0
Revenue	1 270 000	782 000	89 000	457 000
Cost of Goods Sold	1 376 000	444 000	107 000	395 000
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 438 000	483 000	140 000	440 000
Operating Profit	−168 000	298 000	−51 000	18 000
Financial Income	4 000	3 000	0	1 000
Financial Costs	10 000	9 000	5 000	8 000
Financial Balance	−6 000	−6 000	−5 000	−7 000
Dividends	0	0	0	0
Net Income	−174 000	228 000	−43 000	8 000

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	109 000	0	0	0
Total Tangible Assets	109 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	0	0	0
Stock	162 000	631 000	206 000	177 000
Total Investments	0	0	0	0
Cash, Bank	92 000	145 000	36 000	56 000
Total Current Assets	254 000	796 000	254 000	333 000
Total Assets	363 000	796 000	254 000	333 000
Total Equity	146 000	320 000	92 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	12 000	111 000	−2 000	6 000
Unpaid Taxes	57 000	136 000	0	26 000
Dividends	0	0	0	0
Other Current Debt	147 000	165 000	164 000	163 000
Total Current Debt	217 000	476 000	162 000	197 000
Total Equity and Debt	363 000	796 000	254 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−119,18 %	71,25 %	−46,74 %	5,93 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−13,23 %	38,11 %	−57,3 %	3,94 %
Current Ratio	1,17	1,67	1,57	1,69
Quick Ratio	4,62	−5,14	−5,77	16,65
Equity Ratio	0,4	0,4	0,36	0,41
Gross Profit Margin	−8,35 %	43,22 %	−20,22 %	13,57 %