SOLGAARD HOLDING AS

6390 VESTNES

Finances

Return on Equity

40,1 %

Current Ratio

3,43

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020
Revenue	1 655 000	1 825 000	691 000
Net Income	1 089 000	1 065 000	537 000
Total Assets	4 249 000	3 194 000	1 781 000
Total Equity	2 716 000	1 627 000	562 000

Income (NOK)	2022	2021	2020
Revenue	1 655 000	1 825 000	691 000
Expenditure	200 000	508 000	4 000
Operating Profit	1 455 000	1 317 000	687 000
Financial Income	4 000	39 000	0
Financial Costs	53 000	2 000	0
Financial Balance	−49 000	37 000	0
Earnings Before Tax	1 407 000	1 355 000	687 000
Tax	318 000	289 000	150 000
Net Income	1 089 000	1 065 000	537 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 132 000	907 000	897 000
Total Current Assets	2 117 000	2 287 000	884 000
Total Assets	4 249 000	3 194 000	1 781 000
Total Retained Equity	2 692 000	1 603 000	537 000
Total Equity	2 716 000	1 627 000	562 000
Total Long-Term Debt	915 000	900 000	897 000
Total Current Debt	618 000	667 000	322 000
Total Equity and Debt	4 249 000	3 194 000	1 781 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 655 000	1 825 000	691 000
Other Income	0	0	0
Revenue	1 655 000	1 825 000	691 000
Cost of Goods Sold	0	0	0
Salary Costs	170 000	470 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	200 000	508 000	4 000
Operating Profit	1 455 000	1 317 000	687 000
Financial Income	4 000	39 000	0
Financial Costs	53 000	2 000	0
Financial Balance	−49 000	37 000	0
Dividends	0	0	0
Net Income	1 089 000	1 065 000	537 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 132 000	907 000	897 000
Total Fixed Assets	2 132 000	907 000	897 000
Stock	0	0	0
Total Investments	901 000	387 000	0
Cash, Bank	222 000	368 000	20 000
Total Current Assets	2 117 000	2 287 000	884 000
Total Assets	4 249 000	3 194 000	1 781 000
Total Equity	2 716 000	1 627 000	562 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	915 000	900 000	897 000
Creditors	9 000	2 000	1 000
Unpaid Taxes	223 000	325 000	172 000
Dividends	0	0	0
Other Current Debt	68 000	50 000	0
Total Current Debt	618 000	667 000	322 000
Total Equity and Debt	4 249 000	3 194 000	1 781 000

Financial indicators	2022	2021	2020
Return on Equity	40,1 %	65,46 %	95,55 %
Debt-to-Equity Ratio	0,34	0,55	1,6
Operating Profit Margin	87,92 %	72,16 %	99,42 %
Current Ratio	3,43	3,43	2,75
Quick Ratio	3,43	3,43	2,75
Equity Ratio	0,64	0,51	0,32
Gross Profit Margin	100 %	100 %	100 %