SØSTRENE SOLHEIM'S GLASSMAGASIN AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

5,37 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 329 000	7 288 000	6 699 000	5 780 000
Net Income	83 000	333 000	476 000	78 000
Total Assets	4 313 000	5 091 000	4 224 000	2 937 000
Total Equity	1 547 000	1 464 000	1 131 000	655 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 329 000	7 288 000	6 699 000	5 780 000
Expenditure	6 204 000	6 832 000	6 053 000	5 662 000
Operating Profit	125 000	455 000	645 000	119 000
Financial Income	0	0	0	0
Financial Costs	20 000	27 000	34 000	34 000
Financial Balance	−20 000	−27 000	−34 000	−34 000
Earnings Before Tax	106 000	428 000	612 000	85 000
Tax	23 000	94 000	136 000	7 000
Net Income	83 000	333 000	476 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	388 000	496 000	87 000	138 000
Total Current Assets	3 925 000	4 595 000	4 137 000	2 799 000
Total Assets	4 313 000	5 091 000	4 224 000	2 937 000
Total Retained Equity	947 000	864 000	531 000	55 000
Total Equity	1 547 000	1 464 000	1 131 000	655 000
Total Long-Term Debt	241 000	490 000	680 000	479 000
Total Current Debt	2 525 000	3 136 000	2 414 000	1 803 000
Total Equity and Debt	4 313 000	5 091 000	4 224 000	2 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 329 000	7 288 000	6 661 000	5 780 000
Other Income	0	0	38 000	0
Revenue	6 329 000	7 288 000	6 699 000	5 780 000
Cost of Goods Sold	3 445 000	3 884 000	3 526 000	3 125 000
Salary Costs	1 220 000	1 192 000	1 028 000	1 156 000
Depreciation	108 000	129 000	57 000	56 000
Impairment	0	0	0	0
Expenditure	6 204 000	6 832 000	6 053 000	5 662 000
Operating Profit	125 000	455 000	645 000	119 000
Financial Income	0	0	0	0
Financial Costs	20 000	27 000	34 000	34 000
Financial Balance	−20 000	−27 000	−34 000	−34 000
Dividends	0	0	0	0
Net Income	83 000	333 000	476 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	12 000	13 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	376 000	483 000	74 000	131 000
Total Tangible Assets	376 000	483 000	74 000	131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	388 000	496 000	87 000	138 000
Stock	1 517 000	1 445 000	1 339 000	1 360 000
Total Investments	0	0	0	0
Cash, Bank	2 030 000	2 705 000	2 770 000	1 429 000
Total Current Assets	3 925 000	4 595 000	4 137 000	2 799 000
Total Assets	4 313 000	5 091 000	4 224 000	2 937 000
Total Equity	1 547 000	1 464 000	1 131 000	655 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	490 000	680 000	479 000
Creditors	1 687 000	2 085 000	1 529 000	1 063 000
Unpaid Taxes	485 000	476 000	398 000	422 000
Dividends	0	0	0	0
Other Current Debt	329 000	482 000	345 000	304 000
Total Current Debt	2 525 000	3 136 000	2 414 000	1 803 000
Total Equity and Debt	4 313 000	5 091 000	4 224 000	2 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,37 %	22,75 %	42,09 %	11,91 %
Debt-to-Equity Ratio	0,16	0,33	0,6	0,73
Operating Profit Margin	1,98 %	6,24 %	9,63 %	2,06 %
Current Ratio	1,55	1,47	1,71	1,55
Quick Ratio	3,89	2,72	3,85	6,32
Equity Ratio	0,36	0,29	0,27	0,22
Gross Profit Margin	45,57 %	46,71 %	47,37 %	45,93 %