SOLHEIM SERVICE AS

1781 HALDEN

Finances

Share Ownership

Return on Equity

−93,03 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 683 000	1 213 000	1 048 000
Net Income	−187 000	219 000	83 000	55 000
Total Assets	421 000	761 000	370 000	733 000
Total Equity	201 000	388 000	168 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 683 000	1 213 000	1 048 000
Expenditure	1 458 000	1 403 000	1 104 000	976 000
Operating Profit	−189 000	281 000	110 000	71 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	1 000	0	−3 000	0
Earnings Before Tax	−188 000	281 000	106 000	71 000
Tax	−1 000	62 000	23 000	16 000
Net Income	−187 000	219 000	83 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	31 000	0	0
Total Current Assets	385 000	730 000	370 000	733 000
Total Assets	421 000	761 000	370 000	733 000
Total Retained Equity	171 000	358 000	138 000	55 000
Total Equity	201 000	388 000	168 000	85 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	220 000	372 000	201 000	647 000
Total Equity and Debt	421 000	761 000	370 000	733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 269 000	1 683 000	1 213 000	1 048 000
Other Income	0	0	0	0
Revenue	1 269 000	1 683 000	1 213 000	1 048 000
Cost of Goods Sold	366 000	558 000	467 000	560 000
Salary Costs	748 000	525 000	346 000	241 000
Depreciation	12 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 458 000	1 403 000	1 104 000	976 000
Operating Profit	−189 000	281 000	110 000	71 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	1 000	0	−3 000	0
Dividends	0	0	0	0
Net Income	−187 000	219 000	83 000	55 000

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	36 000	31 000	0	0
Total Tangible Assets	36 000	31 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	31 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	264 000	652 000	291 000	173 000
Total Current Assets	385 000	730 000	370 000	733 000
Total Assets	421 000	761 000	370 000	733 000
Total Equity	201 000	388 000	168 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	36 000	18 000	42 000	348 000
Unpaid Taxes	80 000	120 000	52 000	58 000
Dividends	0	0	0	0
Other Current Debt	105 000	172 000	85 000	226 000
Total Current Debt	220 000	372 000	201 000	647 000
Total Equity and Debt	421 000	761 000	370 000	733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−93,03 %	56,44 %	49,4 %	64,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,89 %	16,7 %	9,07 %	6,77 %
Current Ratio	1,75	1,96	1,84	1,13
Quick Ratio	1,75	1,96	1,84	1,13
Equity Ratio	0,48	0,51	0,45	0,12
Gross Profit Margin	71,16 %	66,84 %	61,5 %	46,56 %