SOLBERG INDUSTRI AS

1618 FREDRIKSTAD

Finances

Return on Equity

40,08 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Net Income	7 598 000	6 241 000	5 553 000	2 631 000
Total Assets	68 049 000	55 363 000	43 128 000	38 800 000
Total Equity	18 956 000	16 956 000	15 956 000	14 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Expenditure	171 753 000	131 613 000	109 923 000	90 933 000
Operating Profit	10 392 000	7 981 000	7 531 000	3 748 000
Financial Income	2 206 000	2 689 000	4 824 000	710 000
Financial Costs	2 840 000	2 668 000	5 260 000	1 102 000
Financial Balance	−634 000	21 000	−436 000	−392 000
Earnings Before Tax	9 758 000	8 002 000	7 095 000	3 357 000
Tax	2 160 000	1 761 000	1 542 000	726 000
Net Income	7 598 000	6 241 000	5 553 000	2 631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 455 000	8 097 000	7 179 000	6 477 000
Total Current Assets	59 594 000	47 265 000	35 949 000	32 323 000
Total Assets	68 049 000	55 363 000	43 128 000	38 800 000
Total Retained Equity	17 956 000	15 956 000	14 956 000	13 956 000
Total Equity	18 956 000	16 956 000	15 956 000	14 956 000
Total Long-Term Debt	2 982 000	425 000	510 000	595 000
Total Current Debt	46 111 000	37 982 000	26 662 000	23 249 000
Total Equity and Debt	68 049 000	55 363 000	43 128 000	38 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 145 000	139 593 000	116 670 000	94 681 000
Other Income	0	2 000	784 000	0
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Cost of Goods Sold	137 050 000	98 204 000	79 145 000	66 470 000
Salary Costs	11 255 000	9 473 000	9 775 000	8 904 000
Depreciation	972 000	1 556 000	1 361 000	1 154 000
Impairment	0	0	0	0
Expenditure	171 753 000	131 613 000	109 923 000	90 933 000
Operating Profit	10 392 000	7 981 000	7 531 000	3 748 000
Financial Income	2 206 000	2 689 000	4 824 000	710 000
Financial Costs	2 840 000	2 668 000	5 260 000	1 102 000
Financial Balance	−634 000	21 000	−436 000	−392 000
Dividends	0	0	0	0
Net Income	7 598 000	6 241 000	5 553 000	2 631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	675 000	682 000	665 000	534 000
Real Eastate	6 436 000	5 696 000	4 394 000	4 037 000
Machinery and Plant Facilities	777 000	1 234 000	1 582 000	1 734 000
Fixtures	445 000	363 000	416 000	53 000
Total Tangible Assets	7 658 000	7 293 000	6 392 000	5 824 000
Total Fiancial Fixed Assets	122 000	122 000	122 000	119 000
Total Fixed Assets	8 455 000	8 097 000	7 179 000	6 477 000
Stock	12 246 000	13 778 000	7 066 000	11 039 000
Total Investments	399 000	431 000	407 000	304 000
Cash, Bank	489 000	463 000	561 000	424 000
Total Current Assets	59 594 000	47 265 000	35 949 000	32 323 000
Total Assets	68 049 000	55 363 000	43 128 000	38 800 000
Total Equity	18 956 000	16 956 000	15 956 000	14 956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 982 000	425 000	510 000	595 000
Creditors	17 503 000	5 329 000	6 762 000	6 756 000
Unpaid Taxes	3 428 000	2 789 000	2 750 000	2 339 000
Dividends	0	0	0	0
Other Current Debt	2 545 000	1 736 000	2 300 000	1 498 000
Total Current Debt	46 111 000	37 982 000	26 662 000	23 249 000
Total Equity and Debt	68 049 000	55 363 000	43 128 000	38 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,08 %	36,81 %	34,8 %	17,59 %
Debt-to-Equity Ratio	0,16	0,03	0,03	0,04
Operating Profit Margin	5,71 %	5,72 %	6,41 %	3,96 %
Current Ratio	1,29	1,24	1,35	1,39
Quick Ratio	1,76	1,95	1,83	2,65
Equity Ratio	0,28	0,31	0,37	0,39
Gross Profit Margin	24,76 %	29,65 %	32,62 %	29,8 %