NORSK SOL AS

7710 SPARBU

Finances

Share Ownership

Return on Equity

74,27 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 645 000	5 121 000	2 454 000	1 600 000
Net Income	153 000	19 000	143 000	−140 000
Total Assets	5 804 000	678 000	445 000	204 000
Total Equity	206 000	52 000	33 000	−110 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 645 000	5 121 000	2 454 000	1 600 000
Expenditure	25 103 000	4 972 000	2 226 000	1 771 000
Operating Profit	542 000	150 000	228 000	−171 000
Financial Income	40 000	25 000	−16 000	0
Financial Costs	386 000	150 000	28 000	9 000
Financial Balance	−346 000	−125 000	−44 000	−9 000
Earnings Before Tax	196 000	25 000	184 000	−180 000
Tax	43 000	5 000	40 000	−40 000
Net Income	153 000	19 000	143 000	−140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	113 000	178 000	40 000
Total Current Assets	5 650 000	564 000	267 000	165 000
Total Assets	5 804 000	678 000	445 000	204 000
Total Retained Equity	176 000	22 000	3 000	−140 000
Total Equity	206 000	52 000	33 000	−110 000
Total Long-Term Debt	0	6 000	1 000	0
Total Current Debt	5 598 000	619 000	411 000	314 000
Total Equity and Debt	5 804 000	678 000	445 000	204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 642 000	5 106 000	2 454 000	1 600 000
Other Income	3 000	15 000	0	0
Revenue	25 645 000	5 121 000	2 454 000	1 600 000
Cost of Goods Sold	19 732 000	3 774 000	2 051 000	1 253 000
Salary Costs	3 630 000	805 000	885 000	365 000
Depreciation	68 000	65 000	16 000	0
Impairment	0	0	0	0
Expenditure	25 103 000	4 972 000	2 226 000	1 771 000
Operating Profit	542 000	150 000	228 000	−171 000
Financial Income	40 000	25 000	−16 000	0
Financial Costs	386 000	150 000	28 000	9 000
Financial Balance	−346 000	−125 000	−44 000	−9 000
Dividends	0	0	0	0
Net Income	153 000	19 000	143 000	−140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	113 000	178 000	0
Total Tangible Assets	145 000	113 000	178 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	153 000	113 000	178 000	40 000
Stock	2 580 000	660 000	0	0
Total Investments	0	0	0	0
Cash, Bank	258 000	−657 000	226 000	165 000
Total Current Assets	5 650 000	564 000	267 000	165 000
Total Assets	5 804 000	678 000	445 000	204 000
Total Equity	206 000	52 000	33 000	−110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	1 000	0
Creditors	170 000	195 000	−6 000	47 000
Unpaid Taxes	2 970 000	27 000	122 000	93 000
Dividends	0	0	0	0
Other Current Debt	713 000	397 000	295 000	174 000
Total Current Debt	5 598 000	619 000	411 000	314 000
Total Equity and Debt	5 804 000	678 000	445 000	204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,27 %	36,54 %	433,33 %	127,27 %
Debt-to-Equity Ratio	0	0,12	0,03	−0
Operating Profit Margin	2,11 %	2,93 %	9,29 %	−10,69 %
Current Ratio	1,01	0,91	0,65	0,53
Quick Ratio	1,87	−13,76	0,65	0,53
Equity Ratio	0,04	0,08	0,07	−0,54
Gross Profit Margin	23,06 %	26,3 %	16,42 %	21,69 %