SOLSEM BYGGSERVICE AS

2022 GJERDRUM

Finances

Share Ownership

Return on Equity

10,83 %

Current Ratio

13,42

Debt-to-Equity Ratio

13,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 359 000	4 243 000	703 000	1 396 000
Net Income	68 000	−129 000	−482 000	303 000
Total Assets	9 882 000	6 678 000	6 838 000	3 297 000
Total Equity	628 000	625 000	754 000	1 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 359 000	4 243 000	703 000	1 396 000
Expenditure	5 311 000	4 231 000	1 417 000	871 000
Operating Profit	372 000	97 000	−506 000	525 000
Financial Income	1 000	0	2 000	10 000
Financial Costs	286 000	358 000	115 000	131 000
Financial Balance	−285 000	−358 000	−113 000	−121 000
Earnings Before Tax	87 000	−260 000	−619 000	405 000
Tax	19 000	−131 000	−136 000	101 000
Net Income	68 000	−129 000	−482 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 198 000	3 952 000	3 008 000	2 710 000
Total Current Assets	6 684 000	2 726 000	3 830 000	587 000
Total Assets	9 882 000	6 678 000	6 838 000	3 297 000
Total Retained Equity	598 000	600 000	730 000	1 212 000
Total Equity	628 000	625 000	754 000	1 237 000
Total Long-Term Debt	8 757 000	5 935 000	4 020 000	0
Total Current Debt	498 000	118 000	2 064 000	2 061 000
Total Equity and Debt	9 882 000	6 678 000	6 838 000	3 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 359 000	4 243 000	703 000	747 000
Other Income	0	0	0	649 000
Revenue	4 359 000	4 243 000	703 000	1 396 000
Cost of Goods Sold	3 247 000	3 341 000	698 000	67 000
Salary Costs	1 702 000	573 000	466 000	508 000
Depreciation	74 000	72 000	45 000	9 000
Impairment	0	0	0	0
Expenditure	5 311 000	4 231 000	1 417 000	871 000
Operating Profit	372 000	97 000	−506 000	525 000
Financial Income	1 000	0	2 000	10 000
Financial Costs	286 000	358 000	115 000	131 000
Financial Balance	−285 000	−358 000	−113 000	−121 000
Dividends	65 000	0	0	0
Net Income	68 000	−129 000	−482 000	303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	126 000	68 000	22 000
Real Eastate	2 914 000	3 575 000	2 647 000	2 649 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	251 000	293 000	26 000
Total Tangible Assets	3 092 000	3 827 000	2 940 000	2 675 000
Total Fiancial Fixed Assets	0	0	0	13 000
Total Fixed Assets	3 198 000	3 952 000	3 008 000	2 710 000
Stock	5 627 000	2 496 000	3 419 000	325 000
Total Investments	0	0	0	0
Cash, Bank	1 004 000	220 000	249 000	17 000
Total Current Assets	6 684 000	2 726 000	3 830 000	587 000
Total Assets	9 882 000	6 678 000	6 838 000	3 297 000
Total Equity	628 000	625 000	754 000	1 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 757 000	5 935 000	4 020 000	0
Creditors	122 000	9 000	−125 000	103 000
Unpaid Taxes	136 000	50 000	122 000	72 000
Dividends	65 000	0	0	0
Other Current Debt	175 000	59 000	2 067 000	1 681 000
Total Current Debt	498 000	118 000	2 064 000	2 061 000
Total Equity and Debt	9 882 000	6 678 000	6 838 000	3 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,83 %	−20,64 %	−63,93 %	24,49 %
Debt-to-Equity Ratio	13,94	9,5	5,33	0
Operating Profit Margin	8,53 %	2,29 %	−71,98 %	37,61 %
Current Ratio	13,42	23,1	1,86	0,28
Quick Ratio	−1,3	−1,15	−2,83	0,34
Equity Ratio	0,06	0,09	0,11	0,38
Gross Profit Margin	25,51 %	21,26 %	0,71 %	95,2 %