SOLBERG LANDBRUKSSERVICE AS

2415 HERADSBYGD

Finances

Share Ownership

Return on Equity

1,07 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 618 000	1 457 000	1 502 000
Net Income	5 000	20 000	134 000	109 000
Total Assets	736 000	808 000	754 000	607 000
Total Equity	468 000	463 000	443 000	309 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 618 000	1 457 000	1 502 000
Expenditure	1 610 000	1 591 000	1 287 000	1 364 000
Operating Profit	4 000	26 000	169 000	138 000
Financial Income	2 000	0	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	2 000	2 000
Earnings Before Tax	7 000	26 000	172 000	140 000
Tax	1 000	6 000	38 000	31 000
Net Income	5 000	20 000	134 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	96 000	129 000	178 000
Total Current Assets	686 000	712 000	625 000	430 000
Total Assets	736 000	808 000	754 000	607 000
Total Retained Equity	368 000	363 000	343 000	209 000
Total Equity	468 000	463 000	443 000	309 000
Total Long-Term Debt	0	0	5 000	8 000
Total Current Debt	268 000	346 000	306 000	290 000
Total Equity and Debt	736 000	808 000	754 000	607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 627 000	1 618 000	1 431 000	1 503 000
Other Income	0	0	27 000	−1 000
Revenue	1 627 000	1 618 000	1 457 000	1 502 000
Cost of Goods Sold	734 000	681 000	500 000	639 000
Salary Costs	578 000	635 000	472 000	429 000
Depreciation	52 000	54 000	48 000	43 000
Impairment	0	0	0	0
Expenditure	1 610 000	1 591 000	1 287 000	1 364 000
Operating Profit	4 000	26 000	169 000	138 000
Financial Income	2 000	0	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	2 000	2 000
Dividends	0	0	0	0
Net Income	5 000	20 000	134 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	95 000	129 000	178 000
Total Tangible Assets	43 000	95 000	129 000	178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	96 000	129 000	178 000
Stock	324 000	322 000	285 000	158 000
Total Investments	0	0	0	0
Cash, Bank	260 000	217 000	246 000	204 000
Total Current Assets	686 000	712 000	625 000	430 000
Total Assets	736 000	808 000	754 000	607 000
Total Equity	468 000	463 000	443 000	309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	8 000
Creditors	11 000	46 000	34 000	40 000
Unpaid Taxes	84 000	75 000	63 000	57 000
Dividends	0	0	0	0
Other Current Debt	165 000	213 000	168 000	163 000
Total Current Debt	268 000	346 000	306 000	290 000
Total Equity and Debt	736 000	808 000	754 000	607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,07 %	4,32 %	30,25 %	35,28 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	0,25 %	1,61 %	11,6 %	9,19 %
Current Ratio	2,56	2,06	2,04	1,48
Quick Ratio	−12,25	29,67	29,76	3,26
Equity Ratio	0,64	0,57	0,59	0,51
Gross Profit Margin	54,89 %	57,91 %	65,68 %	57,46 %