SOLHEIM SERVICE & VEDLIKEHOLD AS

5252 SØREIDGREND

Finances

Share Ownership

Return on Equity

27,33 %

Current Ratio

2,3

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020
Revenue	1 241 000	916 000	427 000
Net Income	217 000	302 000	146 000
Total Assets	1 982 000	696 000	365 000
Total Equity	794 000	469 000	167 000

Income (NOK)	2022	2021	2020
Revenue	1 241 000	916 000	427 000
Expenditure	883 000	523 000	242 000
Operating Profit	358 000	393 000	184 000
Financial Income	0	0	0
Financial Costs	35 000	6 000	0
Financial Balance	−35 000	−6 000	0
Earnings Before Tax	323 000	387 000	184 000
Tax	106 000	85 000	39 000
Net Income	217 000	302 000	146 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 142 000	169 000	0
Total Current Assets	840 000	528 000	365 000
Total Assets	1 982 000	696 000	365 000
Total Retained Equity	764 000	439 000	137 000
Total Equity	794 000	469 000	167 000
Total Long-Term Debt	824 000	4 000	0
Total Current Debt	366 000	224 000	197 000
Total Equity and Debt	1 984 000	696 000	365 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 241 000	916 000	427 000
Other Income	0	0	0
Revenue	1 241 000	916 000	427 000
Cost of Goods Sold	21 000	0	0
Salary Costs	222 000	409 000	230 000
Depreciation	141 000	22 000	0
Impairment	0	0	0
Expenditure	883 000	523 000	242 000
Operating Profit	358 000	393 000	184 000
Financial Income	0	0	0
Financial Costs	35 000	6 000	0
Financial Balance	−35 000	−6 000	0
Dividends	0	0	0
Net Income	217 000	302 000	146 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	2 000	0	0
Fixtures	1 140 000	169 000	0
Total Tangible Assets	1 142 000	169 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 142 000	169 000	0
Stock	−19 000	0	0
Total Investments	0	0	0
Cash, Bank	237 000	209 000	324 000
Total Current Assets	840 000	528 000	365 000
Total Assets	1 982 000	696 000	365 000
Total Equity	794 000	469 000	167 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	824 000	4 000	0
Creditors	22 000	1 000	6 000
Unpaid Taxes	117 000	105 000	129 000
Dividends	0	0	0
Other Current Debt	183 000	37 000	24 000
Total Current Debt	366 000	224 000	197 000
Total Equity and Debt	1 984 000	696 000	365 000

Financial indicators	2022	2021	2020
Return on Equity	27,33 %	64,39 %	87,43 %
Debt-to-Equity Ratio	1,04	0,01	0
Operating Profit Margin	28,85 %	42,9 %	43,09 %
Current Ratio	2,3	2,36	1,85
Quick Ratio	2,18	2,36	1,85
Equity Ratio	0,4	0,67	0,46
Gross Profit Margin	98,31 %	100 %	100 %