SOLGAARD FJORDFISK AS

6387 VÅGSTRANDA

Finances

Return on Equity

27,02 %

Current Ratio

2,61

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 112 000	2 248 000	3 981 000	4 001 000
Net Income	643 000	−267 000	246 000	302 000
Total Assets	6 148 000	7 971 000	7 147 000	5 712 000
Total Equity	2 380 000	1 737 000	2 004 000	1 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 112 000	2 248 000	3 981 000	4 001 000
Expenditure	3 110 000	3 894 000	3 763 000	3 565 000
Operating Profit	1 000	−1 645 000	217 000	436 000
Financial Income	1 342 000	1 598 000	134 000	2 000
Financial Costs	545 000	210 000	105 000	136 000
Financial Balance	797 000	1 388 000	29 000	−134 000
Earnings Before Tax	799 000	−257 000	246 000	302 000
Tax	156 000	10 000	0	0
Net Income	643 000	−267 000	246 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 135 000	3 296 000	4 953 000	4 487 000
Total Current Assets	3 013 000	4 675 000	2 194 000	1 225 000
Total Assets	6 148 000	7 971 000	7 147 000	5 712 000
Total Retained Equity	1 188 000	545 000	812 000	566 000
Total Equity	2 380 000	1 737 000	2 004 000	1 758 000
Total Long-Term Debt	2 613 000	2 925 000	3 393 000	3 196 000
Total Current Debt	1 155 000	3 309 000	1 750 000	758 000
Total Equity and Debt	6 148 000	7 971 000	7 147 000	5 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 043 000	1 915 000	3 971 000	4 001 000
Other Income	69 000	334 000	10 000	0
Revenue	3 112 000	2 248 000	3 981 000	4 001 000
Cost of Goods Sold	1 496 000	13 000	6 000	288 000
Salary Costs	34 000	183 000	655 000	825 000
Depreciation	527 000	528 000	560 000	535 000
Impairment	0	0	0	0
Expenditure	3 110 000	3 894 000	3 763 000	3 565 000
Operating Profit	1 000	−1 645 000	217 000	436 000
Financial Income	1 342 000	1 598 000	134 000	2 000
Financial Costs	545 000	210 000	105 000	136 000
Financial Balance	797 000	1 388 000	29 000	−134 000
Dividends	0	0	0	0
Net Income	643 000	−267 000	246 000	302 000

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	47 000	8 000	23 000	37 000
Fixtures	386 000	129 000	367 000	283 000
Total Tangible Assets	3 105 000	3 266 000	3 995 000	4 393 000
Total Fiancial Fixed Assets	30 000	30 000	958 000	94 000
Total Fixed Assets	3 135 000	3 296 000	4 953 000	4 487 000
Stock	0	98 000	232 000	0
Total Investments	528 000	955 000	109 000	0
Cash, Bank	888 000	1 386 000	1 369 000	889 000
Total Current Assets	3 013 000	4 675 000	2 194 000	1 225 000
Total Assets	6 148 000	7 971 000	7 147 000	5 712 000
Total Equity	2 380 000	1 737 000	2 004 000	1 758 000
Short-Term Group Debt	310 000	800 000	0	0
Total Long-Term Debt	2 613 000	2 925 000	3 393 000	3 196 000
Creditors	808 000	2 469 000	1 151 000	285 000
Unpaid Taxes	5 000	1 000	197 000	116 000
Dividends	0	0	0	0
Other Current Debt	32 000	38 000	402 000	356 000
Total Current Debt	1 155 000	3 309 000	1 750 000	758 000
Total Equity and Debt	6 148 000	7 971 000	7 147 000	5 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,02 %	−15,37 %	12,28 %	17,18 %
Debt-to-Equity Ratio	1,1	1,68	1,69	1,82
Operating Profit Margin	0,03 %	−73,18 %	5,45 %	10,9 %
Current Ratio	2,61	1,41	1,25	1,62
Quick Ratio	2,61	1,46	1,45	1,62
Equity Ratio	0,39	0,22	0,28	0,31
Gross Profit Margin	51,93 %	99,42 %	99,85 %	92,8 %