SOLHEIM KJØTT AS

5054 BERGEN

Finances

Return on Equity

53 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 164 000	18 176 000	16 765 000	20 597 000
Net Income	1 025 000	253 000	−398 000	801 000
Total Assets	5 774 000	4 381 000	4 124 000	5 092 000
Total Equity	1 934 000	1 709 000	1 956 000	2 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 164 000	18 176 000	16 765 000	20 597 000
Expenditure	20 828 000	17 851 000	17 218 000	19 462 000
Operating Profit	1 336 000	324 000	−452 000	1 135 000
Financial Income	36 000	36 000	17 000	4 000
Financial Costs	46 000	47 000	51 000	97 000
Financial Balance	−10 000	−11 000	−34 000	−93 000
Earnings Before Tax	1 326 000	314 000	−487 000	1 043 000
Tax	301 000	61 000	−88 000	242 000
Net Income	1 025 000	253 000	−398 000	801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	196 000	227 000	344 000
Total Current Assets	5 564 000	4 186 000	3 897 000	4 748 000
Total Assets	5 774 000	4 381 000	4 124 000	5 092 000
Total Retained Equity	1 834 000	1 609 000	1 856 000	2 490 000
Total Equity	1 934 000	1 709 000	1 956 000	2 590 000
Total Long-Term Debt	183 000	285 000	383 000	434 000
Total Current Debt	3 657 000	2 387 000	1 786 000	2 068 000
Total Equity and Debt	5 774 000	4 381 000	4 124 000	5 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 142 000	18 092 000	16 723 000	20 597 000
Other Income	22 000	84 000	42 000	0
Revenue	22 164 000	18 176 000	16 765 000	20 597 000
Cost of Goods Sold	11 127 000	9 744 000	9 515 000	10 292 000
Salary Costs	6 348 000	5 166 000	4 845 000	5 784 000
Depreciation	104 000	136 000	134 000	155 000
Impairment	0	0	0	0
Expenditure	20 828 000	17 851 000	17 218 000	19 462 000
Operating Profit	1 336 000	324 000	−452 000	1 135 000
Financial Income	36 000	36 000	17 000	4 000
Financial Costs	46 000	47 000	51 000	97 000
Financial Balance	−10 000	−11 000	−34 000	−93 000
Dividends	800 000	500 000	236 000	0
Net Income	1 025 000	253 000	−398 000	801 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	23 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	186 000	194 000	282 000
Total Tangible Assets	156 000	186 000	194 000	282 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	210 000	196 000	227 000	344 000
Stock	1 385 000	1 305 000	1 192 000	1 349 000
Total Investments	0	0	0	0
Cash, Bank	2 889 000	2 061 000	1 818 000	2 183 000
Total Current Assets	5 564 000	4 186 000	3 897 000	4 748 000
Total Assets	5 774 000	4 381 000	4 124 000	5 092 000
Total Equity	1 934 000	1 709 000	1 956 000	2 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 000	285 000	383 000	434 000
Creditors	814 000	473 000	517 000	434 000
Unpaid Taxes	1 099 000	884 000	791 000	869 000
Dividends	800 000	500 000	236 000	0
Other Current Debt	1 431 000	953 000	478 000	554 000
Total Current Debt	3 657 000	2 387 000	1 786 000	2 068 000
Total Equity and Debt	5 774 000	4 381 000	4 124 000	5 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53 %	14,8 %	−20,35 %	30,93 %
Debt-to-Equity Ratio	0,09	0,17	0,2	0,17
Operating Profit Margin	6,03 %	1,78 %	−2,7 %	5,51 %
Current Ratio	1,52	1,75	2,18	2,3
Quick Ratio	2,45	3,87	6,56	6,6
Equity Ratio	0,33	0,39	0,47	0,51
Gross Profit Margin	49,8 %	46,39 %	43,24 %	50,03 %