SOLID RØRLEGGER AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

250 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 939 000	5 442 000	4 841 000	3 636 000
Net Income	−785 000	355 000	−185 000	454 000
Total Assets	876 000	1 781 000	1 094 000	1 018 000
Total Equity	−314 000	472 000	246 000	432 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 939 000	5 442 000	4 841 000	3 636 000
Expenditure	5 717 000	5 025 000	5 018 000	3 073 000
Operating Profit	−778 000	417 000	−177 000	563 000
Financial Income	1 000	0	1 000	0
Financial Costs	18 000	8 000	9 000	2 000
Financial Balance	−17 000	−8 000	−8 000	−2 000
Earnings Before Tax	−795 000	410 000	−185 000	561 000
Tax	−10 000	54 000	0	107 000
Net Income	−785 000	355 000	−185 000	454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	160 000	0	25 000
Total Current Assets	667 000	1 621 000	1 094 000	994 000
Total Assets	876 000	1 781 000	1 094 000	1 018 000
Total Retained Equity	−344 000	442 000	216 000	402 000
Total Equity	−314 000	472 000	246 000	432 000
Total Long-Term Debt	200 000	180 000	0	0
Total Current Debt	990 000	1 129 000	848 000	587 000
Total Equity and Debt	876 000	1 781 000	1 094 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 939 000	5 423 000	4 841 000	3 636 000
Other Income	0	18 000	0	0
Revenue	4 939 000	5 442 000	4 841 000	3 636 000
Cost of Goods Sold	2 009 000	1 931 000	2 004 000	1 509 000
Salary Costs	2 918 000	2 328 000	2 297 000	1 062 000
Depreciation	52 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	5 717 000	5 025 000	5 018 000	3 073 000
Operating Profit	−778 000	417 000	−177 000	563 000
Financial Income	1 000	0	1 000	0
Financial Costs	18 000	8 000	9 000	2 000
Financial Balance	−17 000	−8 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	−785 000	355 000	−185 000	454 000

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	209 000	160 000	0	0
Total Tangible Assets	209 000	160 000	0	0
Total Fiancial Fixed Assets	0	0	0	25 000
Total Fixed Assets	209 000	160 000	0	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	238 000	335 000	408 000	633 000
Total Current Assets	667 000	1 621 000	1 094 000	994 000
Total Assets	876 000	1 781 000	1 094 000	1 018 000
Total Equity	−314 000	472 000	246 000	432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	180 000	0	0
Creditors	316 000	592 000	466 000	180 000
Unpaid Taxes	270 000	365 000	313 000	242 000
Dividends	0	0	0	0
Other Current Debt	404 000	126 000	69 000	58 000
Total Current Debt	990 000	1 129 000	848 000	587 000
Total Equity and Debt	876 000	1 781 000	1 094 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	250 %	75,21 %	−75,2 %	105,09 %
Debt-to-Equity Ratio	−0,64	0,38	0	0
Operating Profit Margin	−15,75 %	7,66 %	−3,66 %	15,48 %
Current Ratio	0,67	1,44	1,29	1,69
Quick Ratio	0,67	1,44	1,29	1,69
Equity Ratio	−0,36	0,27	0,22	0,42
Gross Profit Margin	59,32 %	64,52 %	58,6 %	58,5 %