VETERINÆR SIV SOLSTAD AS

2656 FOLLEBU

Finances

Share Ownership

Return on Equity

48,64 %

Current Ratio

6,25

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020
Revenue	2 342 000	1 792 000	1 515 000
Net Income	609 000	531 000	872 000
Total Assets	2 189 000	872 000	1 259 000
Total Equity	1 252 000	642 000	902 000

Income (NOK)	2022	2021	2020
Revenue	2 342 000	1 792 000	1 515 000
Expenditure	1 550 000	1 114 000	398 000
Operating Profit	791 000	679 000	1 117 000
Financial Income	3 000	2 000	0
Financial Costs	12 000	0	0
Financial Balance	−9 000	2 000	0
Earnings Before Tax	781 000	681 000	1 117 000
Tax	172 000	150 000	246 000
Net Income	609 000	531 000	872 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	646 000	53 000	66 000
Total Current Assets	1 543 000	820 000	1 193 000
Total Assets	2 189 000	872 000	1 259 000
Total Retained Equity	1 222 000	612 000	872 000
Total Equity	1 252 000	642 000	902 000
Total Long-Term Debt	691 000	3 000	4 000
Total Current Debt	247 000	227 000	354 000
Total Equity and Debt	2 189 000	872 000	1 259 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 072 000	1 792 000	1 515 000
Other Income	270 000	0	0
Revenue	2 342 000	1 792 000	1 515 000
Cost of Goods Sold	201 000	149 000	144 000
Salary Costs	979 000	666 000	0
Depreciation	67 000	14 000	1 000
Impairment	0	0	0
Expenditure	1 550 000	1 114 000	398 000
Operating Profit	791 000	679 000	1 117 000
Financial Income	3 000	2 000	0
Financial Costs	12 000	0	0
Financial Balance	−9 000	2 000	0
Dividends	0	790 000	0
Net Income	609 000	531 000	872 000

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	0	0	0
Fixtures	646 000	53 000	66 000
Total Tangible Assets	646 000	53 000	66 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	646 000	53 000	66 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 080 000	490 000	542 000
Total Current Assets	1 543 000	820 000	1 193 000
Total Assets	2 189 000	872 000	1 259 000
Total Equity	1 252 000	642 000	902 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	691 000	3 000	4 000
Creditors	40 000	29 000	89 000
Unpaid Taxes	1 000	44 000	23 000
Dividends	0	790 000	0
Other Current Debt	56 000	3 000	0
Total Current Debt	247 000	227 000	354 000
Total Equity and Debt	2 189 000	872 000	1 259 000

Financial indicators	2022	2021	2020
Return on Equity	48,64 %	82,71 %	96,67 %
Debt-to-Equity Ratio	0,55	0	0
Operating Profit Margin	33,77 %	37,89 %	73,73 %
Current Ratio	6,25	3,61	3,37
Quick Ratio	6,25	3,61	3,37
Equity Ratio	0,57	0,74	0,72
Gross Profit Margin	91,42 %	91,69 %	90,5 %