SØLVE - KOMPETANSE, ARBEID AS

2860 HOV

Finances

Share Ownership

Return on Equity

7,3 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 510 000	17 888 000	16 180 000	16 220 000
Net Income	258 000	331 000	199 000	420 000
Total Assets	5 849 000	6 615 000	5 032 000	5 522 000
Total Equity	3 534 000	3 276 000	1 445 000	1 245 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 510 000	17 888 000	16 180 000	16 220 000
Expenditure	18 253 000	17 557 000	15 980 000	15 800 000
Operating Profit	258 000	331 000	199 000	419 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	258 000	331 000	199 000	420 000
Tax	0	0	0	0
Net Income	258 000	331 000	199 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	672 000	855 000	670 000	1 012 000
Total Current Assets	5 177 000	5 760 000	4 362 000	4 511 000
Total Assets	5 849 000	6 615 000	5 032 000	5 522 000
Total Retained Equity	2 004 000	1 746 000	1 415 000	1 215 000
Total Equity	3 534 000	3 276 000	1 445 000	1 245 000
Total Long-Term Debt	0	0	1 500 000	1 500 000
Total Current Debt	2 315 000	3 340 000	2 087 000	2 777 000
Total Equity and Debt	5 849 000	6 615 000	5 032 000	5 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 790 000	6 735 000	5 789 000	6 247 000
Other Income	11 721 000	11 153 000	10 391 000	9 973 000
Revenue	18 510 000	17 888 000	16 180 000	16 220 000
Cost of Goods Sold	1 066 000	1 042 000	627 000	558 000
Salary Costs	9 192 000	9 096 000	8 053 000	7 867 000
Depreciation	301 000	420 000	341 000	341 000
Impairment	0	0	0	0
Expenditure	18 253 000	17 557 000	15 980 000	15 800 000
Operating Profit	258 000	331 000	199 000	419 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	258 000	331 000	199 000	420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	165 000	182 000	397 000	653 000
Fixtures	507 000	673 000	273 000	359 000
Total Tangible Assets	672 000	855 000	670 000	1 012 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	672 000	855 000	670 000	1 012 000
Stock	235 000	178 000	126 000	180 000
Total Investments	0	0	0	0
Cash, Bank	2 739 000	3 748 000	1 928 000	2 766 000
Total Current Assets	5 177 000	5 760 000	4 362 000	4 511 000
Total Assets	5 849 000	6 615 000	5 032 000	5 522 000
Total Equity	3 534 000	3 276 000	1 445 000	1 245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 500 000	1 500 000
Creditors	388 000	437 000	405 000	712 000
Unpaid Taxes	520 000	535 000	460 000	444 000
Dividends	0	0	0	0
Other Current Debt	1 407 000	2 368 000	1 223 000	1 621 000
Total Current Debt	2 315 000	3 340 000	2 087 000	2 777 000
Total Equity and Debt	5 849 000	6 615 000	5 032 000	5 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,3 %	10,1 %	13,77 %	33,73 %
Debt-to-Equity Ratio	0	0	1,04	1,2
Operating Profit Margin	1,39 %	1,85 %	1,23 %	2,58 %
Current Ratio	2,24	1,72	2,09	1,62
Quick Ratio	2,49	1,82	2,22	1,74
Equity Ratio	0,6	0,5	0,29	0,23
Gross Profit Margin	94,24 %	94,17 %	96,12 %	96,56 %