SOLBAK RØNSTAD MATSENTER AS

6008 ÅLESUND

Finances

Return on Equity

−36,03 %

Current Ratio

1,89

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 581 000	11 204 000	11 563 000	11 203 000
Net Income	−1 097 000	−289 000	−240 000	−215 000
Total Assets	10 177 000	11 006 000	11 521 000	12 062 000
Total Equity	3 045 000	4 142 000	4 431 000	4 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 581 000	11 204 000	11 563 000	11 203 000
Expenditure	14 468 000	11 754 000	11 813 000	11 558 000
Operating Profit	−887 000	−550 000	−250 000	−356 000
Financial Income	24 000	623 000	129 000	293 000
Financial Costs	234 000	169 000	190 000	220 000
Financial Balance	−210 000	454 000	−61 000	73 000
Earnings Before Tax	−1 097 000	−95 000	−312 000	−284 000
Tax	0	193 000	−71 000	−69 000
Net Income	−1 097 000	−289 000	−240 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 932 000	7 712 000	8 445 000	8 678 000
Total Current Assets	2 245 000	3 294 000	3 076 000	3 384 000
Total Assets	10 177 000	11 006 000	11 521 000	12 062 000
Total Retained Equity	2 865 000	3 962 000	4 251 000	4 491 000
Total Equity	3 045 000	4 142 000	4 431 000	4 671 000
Total Long-Term Debt	5 943 000	6 218 000	6 295 000	6 683 000
Total Current Debt	1 189 000	646 000	795 000	707 000
Total Equity and Debt	10 177 000	11 006 000	11 521 000	12 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 160 000	10 886 000	11 263 000	10 907 000
Other Income	422 000	318 000	300 000	295 000
Revenue	13 581 000	11 204 000	11 563 000	11 203 000
Cost of Goods Sold	9 476 000	8 028 000	8 201 000	8 076 000
Salary Costs	3 023 000	2 184 000	2 141 000	2 025 000
Depreciation	598 000	559 000	540 000	495 000
Impairment	0	0	0	0
Expenditure	14 468 000	11 754 000	11 813 000	11 558 000
Operating Profit	−887 000	−550 000	−250 000	−356 000
Financial Income	24 000	623 000	129 000	293 000
Financial Costs	234 000	169 000	190 000	220 000
Financial Balance	−210 000	454 000	−61 000	73 000
Dividends	0	0	0	0
Net Income	−1 097 000	−289 000	−240 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	193 000	122 000
Real Eastate	6 595 000	6 872 000	7 150 000	7 428 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	684 000	787 000	1 049 000	1 076 000
Total Tangible Assets	7 279 000	7 659 000	8 199 000	8 503 000
Total Fiancial Fixed Assets	653 000	53 000	53 000	53 000
Total Fixed Assets	7 932 000	7 712 000	8 445 000	8 678 000
Stock	1 000 000	968 000	912 000	947 000
Total Investments	0	0	0	0
Cash, Bank	599 000	1 185 000	1 597 000	1 725 000
Total Current Assets	2 245 000	3 294 000	3 076 000	3 384 000
Total Assets	10 177 000	11 006 000	11 521 000	12 062 000
Total Equity	3 045 000	4 142 000	4 431 000	4 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 943 000	6 218 000	6 295 000	6 683 000
Creditors	436 000	259 000	246 000	241 000
Unpaid Taxes	240 000	186 000	230 000	170 000
Dividends	0	0	0	0
Other Current Debt	513 000	201 000	319 000	296 000
Total Current Debt	1 189 000	646 000	795 000	707 000
Total Equity and Debt	10 177 000	11 006 000	11 521 000	12 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,03 %	−6,98 %	−5,42 %	−4,6 %
Debt-to-Equity Ratio	1,95	1,5	1,42	1,43
Operating Profit Margin	−6,53 %	−4,91 %	−2,16 %	−3,18 %
Current Ratio	1,89	5,1	3,87	4,79
Quick Ratio	11,88	−10,23	−26,29	−14,1
Equity Ratio	0,3	0,38	0,38	0,39
Gross Profit Margin	30,23 %	28,35 %	29,08 %	27,91 %