SOLAR LAB AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

75,18 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	138 000	15 000	277 000
Net Income	103 000	234 000	−241 000	114 000
Total Assets	1 558 000	1 516 000	1 298 000	1 437 000
Total Equity	137 000	35 000	−199 000	42 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	138 000	15 000	277 000
Expenditure	−98 000	−96 000	257 000	162 000
Operating Profit	110 000	234 000	−241 000	115 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	109 000	234 000	−241 000	114 000
Tax	7 000	0	0	0
Net Income	103 000	234 000	−241 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	14 000	0	0
Total Current Assets	1 558 000	1 501 000	1 298 000	1 437 000
Total Assets	1 558 000	1 516 000	1 298 000	1 437 000
Total Retained Equity	107 000	5 000	−229 000	12 000
Total Equity	137 000	35 000	−199 000	42 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	1 420 000	1 481 000	1 497 000	1 395 000
Total Equity and Debt	1 558 000	1 516 000	1 298 000	1 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	138 000	128 000	422 000
Other Income	0	0	−112 000	−145 000
Revenue	12 000	138 000	15 000	277 000
Cost of Goods Sold	−130 000	−164 000	106 000	54 000
Salary Costs	0	19 000	61 000	89 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−98 000	−96 000	257 000	162 000
Operating Profit	110 000	234 000	−241 000	115 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	103 000	234 000	−241 000	114 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	14 000	0	0
Total Fixed Assets	0	14 000	0	0
Stock	1 249 000	1 119 000	879 000	984 000
Total Investments	0	0	0	0
Cash, Bank	59 000	98 000	10 000	16 000
Total Current Assets	1 558 000	1 501 000	1 298 000	1 437 000
Total Assets	1 558 000	1 516 000	1 298 000	1 437 000
Total Equity	137 000	35 000	−199 000	42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	1 344 000	1 402 000	1 262 000	1 345 000
Unpaid Taxes	0	1 000	8 000	8 000
Dividends	0	0	0	0
Other Current Debt	70 000	78 000	228 000	42 000
Total Current Debt	1 420 000	1 481 000	1 497 000	1 395 000
Total Equity and Debt	1 558 000	1 516 000	1 298 000	1 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,18 %	668,57 %	121,11 %	271,43 %
Debt-to-Equity Ratio	0,01	0	−0	0
Operating Profit Margin	916,67 %	169,57 %	−1 606,67 %	41,52 %
Current Ratio	1,1	1,01	0,87	1,03
Quick Ratio	9,11	4,15	2,1	3,5
Equity Ratio	0,09	0,02	−0,15	0,03
Gross Profit Margin	1 183,33 %	218,84 %	−606,67 %	80,51 %