SOLVER AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

−111,23 %

Current Ratio

1,45

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 257 000	1 185 000	685 000	318 000
Net Income	−1 674 000	13 000	11 000	15 000
Total Assets	4 993 000	3 923 000	1 335 000	635 000
Total Equity	1 505 000	99 000	86 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 257 000	1 185 000	685 000	318 000
Expenditure	3 558 000	1 243 000	646 000	294 000
Operating Profit	−2 299 000	−57 000	39 000	24 000
Financial Income	3 000	1 000	0	0
Financial Costs	18 000	13 000	26 000	4 000
Financial Balance	−15 000	−12 000	−26 000	−4 000
Earnings Before Tax	−2 314 000	−69 000	14 000	19 000
Tax	−640 000	−82 000	3 000	4 000
Net Income	−1 674 000	13 000	11 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 996 000	2 758 000	993 000	350 000
Total Current Assets	997 000	1 165 000	342 000	285 000
Total Assets	4 993 000	3 923 000	1 335 000	635 000
Total Retained Equity	−1 635 000	39 000	26 000	15 000
Total Equity	1 505 000	99 000	86 000	75 000
Total Long-Term Debt	2 801 000	2 691 000	1 127 000	404 000
Total Current Debt	686 000	1 133 000	123 000	156 000
Total Equity and Debt	4 993 000	3 923 000	1 335 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 257 000	1 185 000	685 000	318 000
Other Income	0	0	0	0
Revenue	1 257 000	1 185 000	685 000	318 000
Cost of Goods Sold	286 000	187 000	191 000	0
Salary Costs	1 513 000	416 000	294 000	250 000
Depreciation	551 000	77 000	0	0
Impairment	0	0	0	0
Expenditure	3 558 000	1 243 000	646 000	294 000
Operating Profit	−2 299 000	−57 000	39 000	24 000
Financial Income	3 000	1 000	0	0
Financial Costs	18 000	13 000	26 000	4 000
Financial Balance	−15 000	−12 000	−26 000	−4 000
Dividends	0	0	0	0
Net Income	−1 674 000	13 000	11 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 663 000	2 323 000	993 000	350 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	435 000	0	0
Total Tangible Assets	332 000	435 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 996 000	2 758 000	993 000	350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	163 000	367 000	137 000	136 000
Total Current Assets	997 000	1 165 000	342 000	285 000
Total Assets	4 993 000	3 923 000	1 335 000	635 000
Total Equity	1 505 000	99 000	86 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 801 000	2 691 000	1 127 000	404 000
Creditors	231 000	128 000	−17 000	4 000
Unpaid Taxes	205 000	114 000	46 000	79 000
Dividends	0	0	0	0
Other Current Debt	250 000	891 000	90 000	69 000
Total Current Debt	686 000	1 133 000	123 000	156 000
Total Equity and Debt	4 993 000	3 923 000	1 335 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,23 %	13,13 %	12,79 %	20 %
Debt-to-Equity Ratio	1,86	27,18	13,1	5,39
Operating Profit Margin	−182,9 %	−4,81 %	5,69 %	7,55 %
Current Ratio	1,45	1,03	2,78	1,83
Quick Ratio	1,45	1,03	2,78	1,83
Equity Ratio	0,3	0,03	0,06	0,12
Gross Profit Margin	77,25 %	84,22 %	72,12 %	100 %