SOLARMAX CONSULT AS

0753 OSLO

Finances

Return on Equity

−34,69 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	252 000	199 000	464 000
Net Income	−51 000	−139 000	16 000	27 000
Total Assets	372 000	395 000	530 000	663 000
Total Equity	147 000	199 000	337 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	252 000	199 000	464 000
Expenditure	233 000	121 000	179 000	397 000
Operating Profit	−19 000	132 000	20 000	67 000
Financial Income	0	0	0	0
Financial Costs	0	270 000	0	0
Financial Balance	0	−270 000	0	0
Earnings Before Tax	−19 000	−138 000	21 000	67 000
Tax	32 000	0	5 000	40 000
Net Income	−51 000	−139 000	16 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	80 000	322 000	345 000
Total Current Assets	309 000	315 000	207 000	319 000
Total Assets	372 000	395 000	530 000	663 000
Total Retained Equity	117 000	169 000	307 000	416 000
Total Equity	147 000	199 000	337 000	446 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	225 000	196 000	192 000	217 000
Total Equity and Debt	372 000	395 000	530 000	663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	248 000	199 000	464 000
Other Income	0	4 000	0	0
Revenue	213 000	252 000	199 000	464 000
Cost of Goods Sold	35 000	7 000	58 000	140 000
Salary Costs	0	0	0	0
Depreciation	17 000	22 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	233 000	121 000	179 000	397 000
Operating Profit	−19 000	132 000	20 000	67 000
Financial Income	0	0	0	0
Financial Costs	0	270 000	0	0
Financial Balance	0	−270 000	0	0
Dividends	0	0	125 000	125 000
Net Income	−51 000	−139 000	16 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	30 000	47 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	6 000	12 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	6 000	12 000
Total Fiancial Fixed Assets	50 000	50 000	270 000	270 000
Total Fixed Assets	64 000	80 000	322 000	345 000
Stock	10 000	10 000	17 000	25 000
Total Investments	0	0	0	0
Cash, Bank	58 000	201 000	150 000	236 000
Total Current Assets	309 000	315 000	207 000	319 000
Total Assets	372 000	395 000	530 000	663 000
Total Equity	147 000	199 000	337 000	446 000
Short-Term Group Debt	0	−4 000	−4 000	−4 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	48 000	47 000	47 000	34 000
Unpaid Taxes	28 000	23 000	10 000	39 000
Dividends	0	0	125 000	125 000
Other Current Debt	23 000	5 000	10 000	8 000
Total Current Debt	225 000	196 000	192 000	217 000
Total Equity and Debt	372 000	395 000	530 000	663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,69 %	−69,85 %	4,75 %	6,05 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	−8,92 %	52,38 %	10,05 %	14,44 %
Current Ratio	1,37	1,61	1,08	1,47
Quick Ratio	1,44	1,69	1,18	1,66
Equity Ratio	0,4	0,5	0,64	0,67
Gross Profit Margin	83,57 %	97,22 %	70,85 %	69,83 %