SOLBRIS AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

37,3 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	808 000	806 000	772 000	819 000
Net Income	357 000	259 000	173 000	12 000
Total Assets	1 780 000	1 378 000	1 092 000	903 000
Total Equity	957 000	1 200 000	941 000	768 000

Income (NOK)	2022	2021	2020	2019
Revenue	808 000	806 000	772 000	819 000
Expenditure	356 000	474 000	552 000	804 000
Operating Profit	452 000	331 000	220 000	15 000
Financial Income	5 000	1 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	2 000	0
Earnings Before Tax	457 000	332 000	222 000	15 000
Tax	101 000	73 000	49 000	3 000
Net Income	357 000	259 000	173 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	689 000	836 000	842 000	161 000
Total Current Assets	1 091 000	542 000	250 000	742 000
Total Assets	1 780 000	1 378 000	1 092 000	903 000
Total Retained Equity	927 000	1 170 000	911 000	738 000
Total Equity	957 000	1 200 000	941 000	768 000
Total Long-Term Debt	41 000	55 000	61 000	64 000
Total Current Debt	782 000	123 000	90 000	71 000
Total Equity and Debt	1 780 000	1 378 000	1 092 000	903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	795 000	792 000	759 000	808 000
Other Income	13 000	13 000	13 000	11 000
Revenue	808 000	806 000	772 000	819 000
Cost of Goods Sold	0	20 000	28 000	0
Salary Costs	25 000	200 000	263 000	632 000
Depreciation	143 000	119 000	95 000	43 000
Impairment	0	0	0	0
Expenditure	356 000	474 000	552 000	804 000
Operating Profit	452 000	331 000	220 000	15 000
Financial Income	5 000	1 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	2 000	0
Dividends	600 000	0	0	0
Net Income	357 000	259 000	173 000	12 000

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	99 000	159 000	83 000	115 000
Fixtures	0	0	0	0
Total Tangible Assets	689 000	832 000	838 000	158 000
Total Fiancial Fixed Assets	0	4 000	4 000	4 000
Total Fixed Assets	689 000	836 000	842 000	161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 086 000	542 000	246 000	742 000
Total Current Assets	1 091 000	542 000	250 000	742 000
Total Assets	1 780 000	1 378 000	1 092 000	903 000
Total Equity	957 000	1 200 000	941 000	768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	55 000	61 000	64 000
Creditors	5 000	0	2 000	0
Unpaid Taxes	62 000	44 000	36 000	50 000
Dividends	600 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	782 000	123 000	90 000	71 000
Total Equity and Debt	1 780 000	1 378 000	1 092 000	903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,3 %	21,58 %	18,38 %	1,56 %
Debt-to-Equity Ratio	0,04	0,05	0,06	0,08
Operating Profit Margin	55,94 %	41,07 %	28,5 %	1,83 %
Current Ratio	1,4	4,41	2,78	10,45
Quick Ratio	1,4	4,41	2,78	10,45
Equity Ratio	0,54	0,87	0,86	0,85
Gross Profit Margin	100 %	97,52 %	96,37 %	100 %