SOLTINN DRIFT AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

365,67 %

Current Ratio

0,55

Debt-to-Equity Ratio

−3,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 731 000	4 017 000	3 462 000	3 996 000
Net Income	−245 000	−42 000	182 000	−13 000
Total Assets	530 000	781 000	926 000	608 000
Total Equity	−67 000	178 000	220 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 731 000	4 017 000	3 462 000	3 996 000
Expenditure	4 039 000	4 041 000	3 195 000	3 991 000
Operating Profit	−309 000	−25 000	267 000	6 000
Financial Income	0	0	0	0
Financial Costs	33 000	16 000	24 000	18 000
Financial Balance	−33 000	−16 000	−24 000	−18 000
Earnings Before Tax	−342 000	−42 000	244 000	−12 000
Tax	−97 000	0	62 000	1 000
Net Income	−245 000	−42 000	182 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	202 000	199 000	227 000
Total Current Assets	186 000	580 000	726 000	381 000
Total Assets	530 000	781 000	926 000	608 000
Total Retained Equity	−97 000	148 000	190 000	15 000
Total Equity	−67 000	178 000	220 000	45 000
Total Long-Term Debt	261 000	257 000	380 000	151 000
Total Current Debt	336 000	347 000	326 000	413 000
Total Equity and Debt	530 000	781 000	926 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 731 000	3 967 000	3 409 000	3 996 000
Other Income	0	50 000	53 000	0
Revenue	3 731 000	4 017 000	3 462 000	3 996 000
Cost of Goods Sold	1 684 000	1 653 000	1 322 000	1 577 000
Salary Costs	1 254 000	1 181 000	920 000	1 465 000
Depreciation	72 000	66 000	64 000	57 000
Impairment	0	0	0	0
Expenditure	4 039 000	4 041 000	3 195 000	3 991 000
Operating Profit	−309 000	−25 000	267 000	6 000
Financial Income	0	0	0	0
Financial Costs	33 000	16 000	24 000	18 000
Financial Balance	−33 000	−16 000	−24 000	−18 000
Dividends	0	0	0	0
Net Income	−245 000	−42 000	182 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	0	0	0
Real Eastate	64 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	182 000	163 000	157 000	221 000
Total Tangible Assets	246 000	163 000	157 000	221 000
Total Fiancial Fixed Assets	1 000	38 000	42 000	6 000
Total Fixed Assets	344 000	202 000	199 000	227 000
Stock	0	151 000	131 000	103 000
Total Investments	0	0	0	0
Cash, Bank	195 000	270 000	321 000	126 000
Total Current Assets	186 000	580 000	726 000	381 000
Total Assets	530 000	781 000	926 000	608 000
Total Equity	−67 000	178 000	220 000	45 000
Short-Term Group Debt	0	0	9 000	0
Total Long-Term Debt	261 000	257 000	380 000	151 000
Creditors	119 000	136 000	83 000	112 000
Unpaid Taxes	57 000	77 000	81 000	108 000
Dividends	0	0	0	0
Other Current Debt	160 000	134 000	94 000	191 000
Total Current Debt	336 000	347 000	326 000	413 000
Total Equity and Debt	530 000	781 000	926 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	365,67 %	−23,6 %	82,73 %	−28,89 %
Debt-to-Equity Ratio	−3,9	1,44	1,73	3,36
Operating Profit Margin	−8,28 %	−0,62 %	7,71 %	0,15 %
Current Ratio	0,55	1,67	2,23	0,92
Quick Ratio	0,55	2,96	3,72	1,23
Equity Ratio	−0,13	0,23	0,24	0,07
Gross Profit Margin	54,86 %	58,85 %	61,81 %	60,54 %