SOLVANG BYGG OG MASKIN AS

8215 VALNESFJORD

Finances

Share Ownership

Return on Equity

43,35 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 947 000	3 205 000	2 987 000	1 145 000
Net Income	884 000	375 000	591 000	163 000
Total Assets	3 188 000	1 509 000	1 201 000	360 000
Total Equity	2 039 000	1 154 000	779 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 947 000	3 205 000	2 987 000	1 145 000
Expenditure	3 814 000	2 722 000	2 227 000	937 000
Operating Profit	1 133 000	482 000	759 000	208 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	0	−1 000	0
Earnings Before Tax	1 134 000	482 000	759 000	208 000
Tax	250 000	107 000	167 000	44 000
Net Income	884 000	375 000	591 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	703 000	423 000	287 000	0
Total Current Assets	2 485 000	1 087 000	914 000	360 000
Total Assets	3 188 000	1 509 000	1 201 000	360 000
Total Retained Equity	2 014 000	1 130 000	754 000	163 000
Total Equity	2 039 000	1 154 000	779 000	188 000
Total Long-Term Debt	20 000	17 000	13 000	0
Total Current Debt	1 129 000	338 000	409 000	171 000
Total Equity and Debt	3 188 000	1 509 000	1 201 000	360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 891 000	3 205 000	2 979 000	1 145 000
Other Income	56 000	0	8 000	0
Revenue	4 947 000	3 205 000	2 987 000	1 145 000
Cost of Goods Sold	1 428 000	973 000	769 000	228 000
Salary Costs	1 083 000	826 000	610 000	410 000
Depreciation	123 000	78 000	22 000	0
Impairment	0	0	0	0
Expenditure	3 814 000	2 722 000	2 227 000	937 000
Operating Profit	1 133 000	482 000	759 000	208 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	884 000	375 000	591 000	163 000

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	302 000	304 000	273 000	0
Fixtures	301 000	119 000	14 000	0
Total Tangible Assets	603 000	423 000	287 000	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	703 000	423 000	287 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 810 000	923 000	751 000	254 000
Total Current Assets	2 485 000	1 087 000	914 000	360 000
Total Assets	3 188 000	1 509 000	1 201 000	360 000
Total Equity	2 039 000	1 154 000	779 000	188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	17 000	13 000	0
Creditors	369 000	97 000	182 000	18 000
Unpaid Taxes	405 000	57 000	10 000	43 000
Dividends	0	0	0	0
Other Current Debt	109 000	81 000	63 000	66 000
Total Current Debt	1 129 000	338 000	409 000	171 000
Total Equity and Debt	3 188 000	1 509 000	1 201 000	360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,35 %	32,5 %	75,87 %	86,7 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0
Operating Profit Margin	22,9 %	15,04 %	25,41 %	18,17 %
Current Ratio	2,2	3,22	2,23	2,11
Quick Ratio	2,2	3,22	2,23	2,11
Equity Ratio	0,64	0,76	0,65	0,52
Gross Profit Margin	71,13 %	69,64 %	74,26 %	80,09 %