SOLBERG SKO OG TEKSTILAGENTURER AS

5538 HAUGESUND

Finances

Return on Equity

61,83 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	987 000	304 000	488 000	870 000
Net Income	209 000	91 000	124 000	−82 000
Total Assets	1 470 000	568 000	167 000	309 000
Total Equity	338 000	130 000	39 000	−85 000

Income (NOK)	2022	2021	2020	2019
Revenue	987 000	304 000	488 000	870 000
Expenditure	720 000	187 000	363 000	953 000
Operating Profit	268 000	116 000	125 000	−82 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	268 000	116 000	126 000	−82 000
Tax	59 000	26 000	3 000	0
Net Income	209 000	91 000	124 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	0	0	0
Total Current Assets	1 200 000	568 000	167 000	309 000
Total Assets	1 470 000	568 000	167 000	309 000
Total Retained Equity	308 000	100 000	9 000	−115 000
Total Equity	338 000	130 000	39 000	−85 000
Total Long-Term Debt	0	359 000	105 000	229 000
Total Current Debt	1 131 000	79 000	23 000	164 000
Total Equity and Debt	1 470 000	568 000	167 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	987 000	304 000	488 000	870 000
Other Income	0	0	0	0
Revenue	987 000	304 000	488 000	870 000
Cost of Goods Sold	0	0	16 000	6 000
Salary Costs	483 000	90 000	186 000	731 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	720 000	187 000	363 000	953 000
Operating Profit	268 000	116 000	125 000	−82 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	209 000	91 000	124 000	−82 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	270 000	0	0	0
Total Fixed Assets	270 000	0	0	0
Stock	0	0	0	0
Total Investments	500 000	500 000	0	0
Cash, Bank	560 000	8 000	117 000	295 000
Total Current Assets	1 200 000	568 000	167 000	309 000
Total Assets	1 470 000	568 000	167 000	309 000
Total Equity	338 000	130 000	39 000	−85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	359 000	105 000	229 000
Creditors	2 000	−3 000	0	0
Unpaid Taxes	56 000	27 000	5 000	99 000
Dividends	0	0	0	0
Other Current Debt	1 015 000	30 000	16 000	65 000
Total Current Debt	1 131 000	79 000	23 000	164 000
Total Equity and Debt	1 470 000	568 000	167 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,83 %	70 %	317,95 %	96,47 %
Debt-to-Equity Ratio	0	2,76	2,69	−2,69
Operating Profit Margin	27,15 %	38,16 %	25,61 %	−9,43 %
Current Ratio	1,06	7,19	7,26	1,88
Quick Ratio	1,06	7,19	7,26	1,88
Equity Ratio	0,23	0,23	0,23	−0,28
Gross Profit Margin	100 %	100 %	96,72 %	99,31 %