SOLA SPORT & FRITID AS

4050 SOLA

Finances

Return on Equity

48,44 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 780 000	20 307 000	16 360 000	9 788 000
Net Income	528 000	2 381 000	2 039 000	326 000
Total Assets	8 896 000	7 882 000	6 116 000	3 589 000
Total Equity	1 090 000	1 097 000	1 083 000	861 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 780 000	20 307 000	16 360 000	9 788 000
Expenditure	17 176 000	17 290 000	13 873 000	9 354 000
Operating Profit	604 000	3 017 000	2 486 000	433 000
Financial Income	77 000	37 000	66 000	2 000
Financial Costs	4 000	1 000	23 000	17 000
Financial Balance	73 000	36 000	43 000	−15 000
Earnings Before Tax	677 000	3 053 000	2 529 000	418 000
Tax	149 000	672 000	490 000	92 000
Net Income	528 000	2 381 000	2 039 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	311 000	242 000	0
Total Current Assets	8 585 000	7 570 000	5 874 000	3 589 000
Total Assets	8 896 000	7 882 000	6 116 000	3 589 000
Total Retained Equity	1 060 000	1 067 000	1 053 000	831 000
Total Equity	1 090 000	1 097 000	1 083 000	861 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 807 000	6 784 000	5 033 000	2 728 000
Total Equity and Debt	8 896 000	7 882 000	6 116 000	3 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 780 000	20 307 000	16 360 000	9 788 000
Other Income	0	0	0	0
Revenue	17 780 000	20 307 000	16 360 000	9 788 000
Cost of Goods Sold	11 258 000	11 675 000	9 257 000	6 014 000
Salary Costs	2 401 000	3 308 000	2 680 000	1 817 000
Depreciation	127 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	17 176 000	17 290 000	13 873 000	9 354 000
Operating Profit	604 000	3 017 000	2 486 000	433 000
Financial Income	77 000	37 000	66 000	2 000
Financial Costs	4 000	1 000	23 000	17 000
Financial Balance	73 000	36 000	43 000	−15 000
Dividends	0	0	0	0
Net Income	528 000	2 381 000	2 039 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	18 000	22 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	281 000	283 000	220 000	0
Total Tangible Assets	281 000	283 000	220 000	0
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	311 000	311 000	242 000	0
Stock	5 531 000	5 349 000	3 434 000	2 662 000
Total Investments	0	0	0	0
Cash, Bank	2 440 000	1 739 000	2 277 000	766 000
Total Current Assets	8 585 000	7 570 000	5 874 000	3 589 000
Total Assets	8 896 000	7 882 000	6 116 000	3 589 000
Total Equity	1 090 000	1 097 000	1 083 000	861 000
Short-Term Group Debt	4 022 000	3 035 000	2 329 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 146 000	2 840 000	1 840 000	1 048 000
Unpaid Taxes	574 000	375 000	503 000	317 000
Dividends	0	0	0	0
Other Current Debt	1 065 000	534 000	361 000	1 271 000
Total Current Debt	7 807 000	6 784 000	5 033 000	2 728 000
Total Equity and Debt	8 896 000	7 882 000	6 116 000	3 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,44 %	217,05 %	188,27 %	37,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,4 %	14,86 %	15,2 %	4,42 %
Current Ratio	1,1	1,12	1,17	1,32
Quick Ratio	3,77	5,28	3,67	54,38
Equity Ratio	0,12	0,14	0,18	0,24
Gross Profit Margin	36,68 %	42,51 %	43,42 %	38,56 %