SOLSTAD IT AS

7357 SKAUN

Finances

Share Ownership

Return on Equity

29,03 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	322 000	298 000	264 000	229 000
Net Income	36 000	34 000	28 000	6 000
Total Assets	367 000	408 000	434 000	76 000
Total Equity	124 000	89 000	54 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	322 000	298 000	264 000	229 000
Expenditure	270 000	252 000	230 000	223 000
Operating Profit	52 000	47 000	34 000	6 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	5 000	0
Financial Balance	−6 000	−3 000	−5 000	0
Earnings Before Tax	46 000	44 000	28 000	6 000
Tax	10 000	9 000	0	0
Net Income	36 000	34 000	28 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	305 000	335 000	22 000
Total Current Assets	119 000	103 000	99 000	54 000
Total Assets	367 000	408 000	434 000	76 000
Total Retained Equity	100 000	64 000	30 000	1 000
Total Equity	124 000	89 000	54 000	26 000
Total Long-Term Debt	140 000	177 000	209 000	0
Total Current Debt	102 000	143 000	170 000	50 000
Total Equity and Debt	367 000	408 000	434 000	76 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	322 000	298 000	263 000	229 000
Other Income	0	0	0	0
Revenue	322 000	298 000	264 000	229 000
Cost of Goods Sold	1 000	0	0	1 000
Salary Costs	7 000	11 000	6 000	10 000
Depreciation	57 000	60 000	13 000	7 000
Impairment	0	0	0	0
Expenditure	270 000	252 000	230 000	223 000
Operating Profit	52 000	47 000	34 000	6 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	5 000	0
Financial Balance	−6 000	−3 000	−5 000	0
Dividends	0	0	0	0
Net Income	36 000	34 000	28 000	6 000

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	248 000	305 000	335 000	12 000
Total Tangible Assets	248 000	305 000	335 000	12 000
Total Fiancial Fixed Assets	0	0	0	9 000
Total Fixed Assets	248 000	305 000	335 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	103 000	91 000	53 000
Total Current Assets	119 000	103 000	99 000	54 000
Total Assets	367 000	408 000	434 000	76 000
Total Equity	124 000	89 000	54 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	177 000	209 000	0
Creditors	0	0	9 000	7 000
Unpaid Taxes	48 000	37 000	44 000	37 000
Dividends	0	0	0	0
Other Current Debt	49 000	106 000	118 000	6 000
Total Current Debt	102 000	143 000	170 000	50 000
Total Equity and Debt	367 000	408 000	434 000	76 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,03 %	38,2 %	51,85 %	23,08 %
Debt-to-Equity Ratio	1,13	1,99	3,87	0
Operating Profit Margin	16,15 %	15,77 %	12,88 %	2,62 %
Current Ratio	1,17	0,72	0,58	1,08
Quick Ratio	1,17	0,72	0,58	1,08
Equity Ratio	0,34	0,22	0,12	0,34
Gross Profit Margin	99,69 %	100 %	100 %	99,56 %