K. SOLBAKKEN MASKIN AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

42,64 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 511 000	3 837 000	4 238 000	2 067 000
Net Income	1 042 000	556 000	692 000	700 000
Total Assets	3 778 000	2 479 000	1 920 000	1 439 000
Total Equity	2 444 000	2 002 000	1 446 000	754 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 511 000	3 837 000	4 238 000	2 067 000
Expenditure	1 173 000	3 123 000	3 345 000	1 166 000
Operating Profit	1 338 000	714 000	893 000	901 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	6 000	2 000
Financial Balance	−3 000	−1 000	−6 000	−2 000
Earnings Before Tax	1 336 000	712 000	887 000	899 000
Tax	294 000	157 000	195 000	199 000
Net Income	1 042 000	556 000	692 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 099 000	1 139 000	919 000	167 000
Total Current Assets	1 680 000	1 340 000	1 001 000	1 272 000
Total Assets	3 778 000	2 479 000	1 920 000	1 439 000
Total Retained Equity	2 414 000	1 972 000	1 416 000	724 000
Total Equity	2 444 000	2 002 000	1 446 000	754 000
Total Long-Term Debt	48 000	8 000	14 000	0
Total Current Debt	1 287 000	469 000	459 000	685 000
Total Equity and Debt	3 778 000	2 479 000	1 920 000	1 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 505 000	3 687 000	4 120 000	2 032 000
Other Income	6 000	150 000	119 000	35 000
Revenue	2 511 000	3 837 000	4 238 000	2 067 000
Cost of Goods Sold	25 000	57 000	111 000	40 000
Salary Costs	504 000	1 586 000	1 640 000	753 000
Depreciation	265 000	292 000	134 000	3 000
Impairment	0	0	0	0
Expenditure	1 173 000	3 123 000	3 345 000	1 166 000
Operating Profit	1 338 000	714 000	893 000	901 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	6 000	2 000
Financial Balance	−3 000	−1 000	−6 000	−2 000
Dividends	600 000	0	0	0
Net Income	1 042 000	556 000	692 000	700 000

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	1 465 000	528 000	461 000	0
Fixtures	540 000	517 000	350 000	32 000
Total Tangible Assets	2 004 000	1 045 000	811 000	32 000
Total Fiancial Fixed Assets	95 000	95 000	108 000	135 000
Total Fixed Assets	2 099 000	1 139 000	919 000	167 000
Stock	0	0	0	22 000
Total Investments	0	0	0	0
Cash, Bank	951 000	699 000	692 000	320 000
Total Current Assets	1 680 000	1 340 000	1 001 000	1 272 000
Total Assets	3 778 000	2 479 000	1 920 000	1 439 000
Total Equity	2 444 000	2 002 000	1 446 000	754 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 000	8 000	14 000	0
Creditors	399 000	51 000	32 000	11 000
Unpaid Taxes	0	108 000	42 000	148 000
Dividends	600 000	0	0	0
Other Current Debt	33 000	152 000	211 000	333 000
Total Current Debt	1 287 000	469 000	459 000	685 000
Total Equity and Debt	3 778 000	2 479 000	1 920 000	1 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,64 %	27,77 %	47,86 %	92,84 %
Debt-to-Equity Ratio	0,02	0	0,01	0
Operating Profit Margin	53,29 %	18,61 %	21,07 %	43,59 %
Current Ratio	1,31	2,86	2,18	1,86
Quick Ratio	1,31	2,86	2,18	1,92
Equity Ratio	0,65	0,81	0,75	0,52
Gross Profit Margin	99 %	98,51 %	97,38 %	98,06 %