SOL HANDEL AS

8145 STORVIK

Finances

Share Ownership

Return on Equity

178,71 %

Current Ratio

0,76

Debt-to-Equity Ratio

−1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 297 000	4 574 000	4 542 000	4 240 000
Net Income	−1 024 000	−51 000	77 000	213 000
Total Assets	1 034 000	788 000	834 000	830 000
Total Equity	−573 000	451 000	502 000	425 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 297 000	4 574 000	4 542 000	4 240 000
Expenditure	4 305 000	4 620 000	4 438 000	3 975 000
Operating Profit	−1 008 000	−47 000	105 000	264 000
Financial Income	2 000	0	0	0
Financial Costs	18 000	4 000	6 000	16 000
Financial Balance	−16 000	−4 000	−6 000	−16 000
Earnings Before Tax	−1 024 000	−51 000	99 000	248 000
Tax	0	0	22 000	35 000
Net Income	−1 024 000	−51 000	77 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	20 000	20 000	20 000
Total Current Assets	537 000	768 000	814 000	810 000
Total Assets	1 034 000	788 000	834 000	830 000
Total Retained Equity	−673 000	351 000	402 000	325 000
Total Equity	−573 000	451 000	502 000	425 000
Total Long-Term Debt	898 000	0	0	85 000
Total Current Debt	708 000	337 000	332 000	320 000
Total Equity and Debt	1 034 000	788 000	834 000	830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 187 000	4 264 000	4 363 000	4 037 000
Other Income	110 000	310 000	179 000	203 000
Revenue	3 297 000	4 574 000	4 542 000	4 240 000
Cost of Goods Sold	2 581 000	3 574 000	3 547 000	3 174 000
Salary Costs	1 100 000	513 000	361 000	328 000
Depreciation	31 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 305 000	4 620 000	4 438 000	3 975 000
Operating Profit	−1 008 000	−47 000	105 000	264 000
Financial Income	2 000	0	0	0
Financial Costs	18 000	4 000	6 000	16 000
Financial Balance	−16 000	−4 000	−6 000	−16 000
Dividends	0	0	0	0
Net Income	−1 024 000	−51 000	77 000	213 000

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	476 000	0	0	0
Total Tangible Assets	476 000	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	496 000	20 000	20 000	20 000
Stock	490 000	673 000	719 000	670 000
Total Investments	0	0	0	0
Cash, Bank	27 000	79 000	83 000	115 000
Total Current Assets	537 000	768 000	814 000	810 000
Total Assets	1 034 000	788 000	834 000	830 000
Total Equity	−573 000	451 000	502 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	898 000	0	0	85 000
Creditors	311 000	198 000	227 000	196 000
Unpaid Taxes	234 000	43 000	9 000	29 000
Dividends	0	0	0	0
Other Current Debt	164 000	97 000	74 000	60 000
Total Current Debt	708 000	337 000	332 000	320 000
Total Equity and Debt	1 034 000	788 000	834 000	830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	178,71 %	−11,31 %	15,34 %	50,12 %
Debt-to-Equity Ratio	−1,57	0	0	0,2
Operating Profit Margin	−30,57 %	−1,03 %	2,31 %	6,23 %
Current Ratio	0,76	2,28	2,45	2,53
Quick Ratio	2,46	−2,29	−2,1	−2,31
Equity Ratio	−0,55	0,57	0,6	0,51
Gross Profit Margin	21,72 %	21,86 %	21,91 %	25,14 %