SOLIDEQ AS

5309 KLEPPESTØ

Finances

Share Ownership

Return on Equity

34,12 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 067 000	120 424 000	85 110 000	121 589 000
Net Income	8 452 000	7 375 000	−1 249 000	3 749 000
Total Assets	80 745 000	76 503 000	66 120 000	67 735 000
Total Equity	24 774 000	16 628 000	12 038 000	13 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 067 000	120 424 000	85 110 000	121 589 000
Expenditure	162 302 000	109 640 000	82 798 000	111 721 000
Operating Profit	14 764 000	10 784 000	2 312 000	9 867 000
Financial Income	1 226 000	1 097 000	1 412 000	617 000
Financial Costs	5 053 000	2 393 000	4 857 000	4 905 000
Financial Balance	−3 827 000	−1 296 000	−3 445 000	−4 288 000
Earnings Before Tax	10 937 000	9 489 000	−1 133 000	5 579 000
Tax	2 485 000	2 113 000	116 000	1 830 000
Net Income	8 452 000	7 375 000	−1 249 000	3 749 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 845 000	9 318 000	6 876 000	5 874 000
Total Current Assets	70 901 000	67 185 000	59 244 000	61 861 000
Total Assets	80 745 000	76 503 000	66 120 000	67 735 000
Total Retained Equity	14 004 000	5 858 000	1 268 000	3 122 000
Total Equity	24 774 000	16 628 000	12 038 000	13 892 000
Total Long-Term Debt	0	232 000	10 474 000	10 045 000
Total Current Debt	55 972 000	59 643 000	43 608 000	43 798 000
Total Equity and Debt	80 745 000	76 503 000	66 120 000	67 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	176 693 000	120 318 000	85 050 000	121 364 000
Other Income	373 000	106 000	60 000	225 000
Revenue	177 067 000	120 424 000	85 110 000	121 589 000
Cost of Goods Sold	133 785 000	86 395 000	62 533 000	89 869 000
Salary Costs	13 395 000	10 205 000	8 137 000	9 093 000
Depreciation	1 810 000	1 627 000	1 301 000	1 063 000
Impairment	0	0	0	0
Expenditure	162 302 000	109 640 000	82 798 000	111 721 000
Operating Profit	14 764 000	10 784 000	2 312 000	9 867 000
Financial Income	1 226 000	1 097 000	1 412 000	617 000
Financial Costs	5 053 000	2 393 000	4 857 000	4 905 000
Financial Balance	−3 827 000	−1 296 000	−3 445 000	−4 288 000
Dividends	0	0	0	100 000
Net Income	8 452 000	7 375 000	−1 249 000	3 749 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 009 000	8 011 000	5 732 000	4 376 000
Real Eastate	0	0	21 000	0
Machinery and Plant Facilities	34 000	61 000	109 000	161 000
Fixtures	697 000	918 000	676 000	1 023 000
Total Tangible Assets	731 000	978 000	805 000	1 184 000
Total Fiancial Fixed Assets	104 000	329 000	339 000	314 000
Total Fixed Assets	9 845 000	9 318 000	6 876 000	5 874 000
Stock	61 333 000	55 099 000	43 482 000	45 834 000
Total Investments	0	0	0	0
Cash, Bank	578 000	471 000	287 000	5 089 000
Total Current Assets	70 901 000	67 185 000	59 244 000	61 861 000
Total Assets	80 745 000	76 503 000	66 120 000	67 735 000
Total Equity	24 774 000	16 628 000	12 038 000	13 892 000
Short-Term Group Debt	30 145 000	43 943 000	16 094 000	819 000
Total Long-Term Debt	0	232 000	10 474 000	10 045 000
Creditors	15 633 000	9 334 000	22 922 000	26 440 000
Unpaid Taxes	6 027 000	4 237 000	3 097 000	1 849 000
Dividends	0	0	0	100 000
Other Current Debt	1 534 000	1 042 000	1 495 000	1 678 000
Total Current Debt	55 972 000	59 643 000	43 608 000	43 798 000
Total Equity and Debt	80 745 000	76 503 000	66 120 000	67 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,12 %	44,35 %	−10,38 %	26,99 %
Debt-to-Equity Ratio	0	0,01	0,87	0,72
Operating Profit Margin	8,34 %	8,96 %	2,72 %	8,12 %
Current Ratio	1,27	1,13	1,36	1,41
Quick Ratio	−13,23	14,79	470,19	−30,38
Equity Ratio	0,31	0,22	0,18	0,21
Gross Profit Margin	24,44 %	28,26 %	26,53 %	26,09 %