SOLNES MASKIN AS

9475 BORKENES

Finances

Share Ownership

Return on Equity

17,7 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 647 000	10 602 000	8 655 000	5 611 000
Net Income	467 000	1 002 000	782 000	191 000
Total Assets	4 116 000	3 699 000	2 199 000	1 023 000
Total Equity	2 638 000	2 172 000	1 170 000	387 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 647 000	10 602 000	8 655 000	5 611 000
Expenditure	14 046 000	9 318 000	7 651 000	5 366 000
Operating Profit	602 000	1 284 000	1 004 000	246 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	599 000	1 284 000	1 004 000	246 000
Tax	132 000	282 000	221 000	54 000
Net Income	467 000	1 002 000	782 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	510 000	148 000	0
Total Current Assets	3 785 000	3 189 000	2 052 000	1 023 000
Total Assets	4 116 000	3 699 000	2 199 000	1 023 000
Total Retained Equity	2 608 000	2 142 000	1 140 000	357 000
Total Equity	2 638 000	2 172 000	1 170 000	387 000
Total Long-Term Debt	8 000	19 000	0	0
Total Current Debt	1 470 000	1 509 000	1 029 000	636 000
Total Equity and Debt	4 116 000	3 699 000	2 199 000	1 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 490 000	10 518 000	8 615 000	5 595 000
Other Income	158 000	84 000	40 000	16 000
Revenue	14 647 000	10 602 000	8 655 000	5 611 000
Cost of Goods Sold	2 076 000	1 228 000	1 168 000	1 130 000
Salary Costs	4 315 000	2 807 000	2 588 000	1 271 000
Depreciation	104 000	71 000	11 000	0
Impairment	11 000	0	0	0
Expenditure	14 046 000	9 318 000	7 651 000	5 366 000
Operating Profit	602 000	1 284 000	1 004 000	246 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	467 000	1 002 000	782 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	78 000	0	0	0
Machinery and Plant Facilities	133 000	153 000	57 000	0
Fixtures	120 000	357 000	91 000	0
Total Tangible Assets	331 000	510 000	148 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	331 000	510 000	148 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 598 000	708 000	1 313 000	364 000
Total Current Assets	3 785 000	3 189 000	2 052 000	1 023 000
Total Assets	4 116 000	3 699 000	2 199 000	1 023 000
Total Equity	2 638 000	2 172 000	1 170 000	387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	19 000	0	0
Creditors	472 000	342 000	194 000	355 000
Unpaid Taxes	484 000	562 000	388 000	127 000
Dividends	0	0	0	0
Other Current Debt	370 000	335 000	226 000	100 000
Total Current Debt	1 470 000	1 509 000	1 029 000	636 000
Total Equity and Debt	4 116 000	3 699 000	2 199 000	1 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,7 %	46,13 %	66,84 %	49,35 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	4,11 %	12,11 %	11,6 %	4,38 %
Current Ratio	2,57	2,11	1,99	1,61
Quick Ratio	2,57	2,11	1,99	1,61
Equity Ratio	0,64	0,59	0,53	0,38
Gross Profit Margin	85,83 %	88,42 %	86,5 %	79,86 %