SOLENERGI NORGE AS

2580 FOLLDAL

Finances

Share Ownership

Return on Equity

38,97 %

Current Ratio

1,99

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 707 000	10 125 000	7 679 000	5 581 000
Net Income	3 000 000	−58 000	−2 373 000	−598 000
Total Assets	17 479 000	5 752 000	2 262 000	2 422 000
Total Equity	7 698 000	761 000	−2 397 000	−24 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 707 000	10 125 000	7 679 000	5 581 000
Expenditure	41 582 000	10 135 000	8 935 000	6 284 000
Operating Profit	4 126 000	−10 000	−1 256 000	−703 000
Financial Income	111 000	35 000	34 000	3 000
Financial Costs	390 000	100 000	66 000	66 000
Financial Balance	−279 000	−65 000	−32 000	−63 000
Earnings Before Tax	3 846 000	−75 000	−1 287 000	−767 000
Tax	847 000	−16 000	−283 000	−169 000
Net Income	3 000 000	−58 000	−2 373 000	−598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	1 020 000	868 000	207 000
Total Current Assets	16 831 000	4 732 000	1 394 000	2 216 000
Total Assets	17 479 000	5 752 000	2 262 000	2 422 000
Total Retained Equity	2 761 000	−239 000	−2 947 000	−574 000
Total Equity	7 698 000	761 000	−2 397 000	−24 000
Total Long-Term Debt	1 331 000	1 107 000	1 620 000	1 727 000
Total Current Debt	8 450 000	3 883 000	3 039 000	720 000
Total Equity and Debt	17 479 000	5 752 000	2 262 000	2 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 707 000	10 019 000	7 679 000	5 581 000
Other Income	0	107 000	0	0
Revenue	45 707 000	10 125 000	7 679 000	5 581 000
Cost of Goods Sold	36 294 000	7 304 000	6 536 000	4 840 000
Salary Costs	2 034 000	1 093 000	1 107 000	860 000
Depreciation	29 000	6 000	7 000	17 000
Impairment	0	0	0	0
Expenditure	41 582 000	10 135 000	8 935 000	6 284 000
Operating Profit	4 126 000	−10 000	−1 256 000	−703 000
Financial Income	111 000	35 000	34 000	3 000
Financial Costs	390 000	100 000	66 000	66 000
Financial Balance	−279 000	−65 000	−32 000	−63 000
Dividends	0	0	0	0
Net Income	3 000 000	−58 000	−2 373 000	−598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	848 000	831 000	162 000
Real Eastate	237 000	0	0	0
Machinery and Plant Facilities	127 000	0	0	0
Fixtures	196 000	172 000	37 000	45 000
Total Tangible Assets	560 000	172 000	37 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	648 000	1 020 000	868 000	207 000
Stock	7 313 000	1 816 000	1 353 000	1 303 000
Total Investments	0	0	0	0
Cash, Bank	4 396 000	26 000	41 000	566 000
Total Current Assets	16 831 000	4 732 000	1 394 000	2 216 000
Total Assets	17 479 000	5 752 000	2 262 000	2 422 000
Total Equity	7 698 000	761 000	−2 397 000	−24 000
Short-Term Group Debt	0	1 646 000	1 116 000	208 000
Total Long-Term Debt	1 331 000	1 107 000	1 620 000	1 727 000
Creditors	2 291 000	107 000	93 000	10 000
Unpaid Taxes	2 592 000	541 000	40 000	154 000
Dividends	0	0	0	0
Other Current Debt	3 479 000	599 000	1 649 000	348 000
Total Current Debt	8 450 000	3 883 000	3 039 000	720 000
Total Equity and Debt	17 479 000	5 752 000	2 262 000	2 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,97 %	−7,62 %	99 %	2 491,67 %
Debt-to-Equity Ratio	0,17	1,45	−0,68	−71,96
Operating Profit Margin	9,03 %	−0,1 %	−16,36 %	−12,6 %
Current Ratio	1,99	1,22	0,46	3,08
Quick Ratio	14,8	2,29	0,83	−3,8
Equity Ratio	0,44	0,13	−1,06	−0,01
Gross Profit Margin	20,59 %	27,86 %	14,88 %	13,28 %