SOLBERG INDUSTRI HOLDING AS

1618 FREDRIKSTAD

Finances

Return on Equity

24,55 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Net Income	7 563 000	6 154 000	5 337 000	2 400 000
Total Assets	80 294 000	65 235 000	54 641 000	50 000 000
Total Equity	30 804 000	27 241 000	23 128 000	20 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Expenditure	171 386 000	131 477 000	109 882 000	91 137 000
Operating Profit	10 759 000	8 116 000	7 572 000	3 544 000
Financial Income	2 206 000	2 689 000	4 686 000	631 000
Financial Costs	3 260 000	2 915 000	5 427 000	1 103 000
Financial Balance	−1 054 000	−226 000	−741 000	−472 000
Earnings Before Tax	9 705 000	7 891 000	6 830 000	3 072 000
Tax	2 142 000	1 737 000	1 493 000	672 000
Net Income	7 563 000	6 154 000	5 337 000	2 400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 096 000	25 177 000	24 942 000	17 323 000
Total Current Assets	55 197 000	40 058 000	29 700 000	32 677 000
Total Assets	80 294 000	65 235 000	54 641 000	50 000 000
Total Retained Equity	29 704 000	26 141 000	13 020 000	11 335 000
Total Equity	30 804 000	27 241 000	23 128 000	20 141 000
Total Long-Term Debt	15 492 000	12 175 000	12 510 000	8 207 000
Total Current Debt	33 998 000	25 819 000	19 004 000	21 653 000
Total Equity and Debt	80 294 000	65 235 000	54 641 000	50 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 145 000	139 593 000	116 670 000	94 681 000
Other Income	0	2 000	784 000	0
Revenue	182 145 000	139 595 000	117 454 000	94 681 000
Cost of Goods Sold	137 050 000	98 204 000	79 145 000	66 470 000
Salary Costs	11 255 000	9 473 000	9 775 000	8 904 000
Depreciation	1 669 000	2 250 000	1 934 000	1 154 000
Impairment	0	0	0	0
Expenditure	171 386 000	131 477 000	109 882 000	91 137 000
Operating Profit	10 759 000	8 116 000	7 572 000	3 544 000
Financial Income	2 206 000	2 689 000	4 686 000	631 000
Financial Costs	3 260 000	2 915 000	5 427 000	1 103 000
Financial Balance	−1 054 000	−226 000	−741 000	−472 000
Dividends	0	0	0	0
Net Income	7 563 000	6 154 000	5 337 000	2 400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	679 000	666 000	638 000	534 000
Real Eastate	23 164 000	23 555 000	22 253 000	14 953 000
Machinery and Plant Facilities	740 000	1 020 000	1 582 000	1 734 000
Fixtures	362 000	−117 000	416 000	53 000
Total Tangible Assets	24 265 000	24 458 000	24 251 000	16 740 000
Total Fiancial Fixed Assets	152 000	52 000	52 000	49 000
Total Fixed Assets	25 096 000	25 177 000	24 942 000	17 323 000
Stock	12 246 000	13 778 000	7 066 000	11 039 000
Total Investments	399 000	431 000	407 000	304 000
Cash, Bank	2 906 000	1 544 000	1 135 000	2 948 000
Total Current Assets	55 197 000	40 058 000	29 700 000	32 677 000
Total Assets	80 294 000	65 235 000	54 641 000	50 000 000
Total Equity	30 804 000	27 241 000	23 128 000	20 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 492 000	12 175 000	12 510 000	8 207 000
Creditors	17 444 000	5 354 000	6 808 000	10 532 000
Unpaid Taxes	3 477 000	2 838 000	2 761 000	2 339 000
Dividends	0	0	0	0
Other Current Debt	4 258 000	1 210 000	1 848 000	1 391 000
Total Current Debt	33 998 000	25 819 000	19 004 000	21 653 000
Total Equity and Debt	80 294 000	65 235 000	54 641 000	50 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,55 %	22,59 %	23,08 %	11,92 %
Debt-to-Equity Ratio	0,5	0,45	0,54	0,41
Operating Profit Margin	5,91 %	5,81 %	6,45 %	3,74 %
Current Ratio	1,62	1,55	1,56	1,51
Quick Ratio	2,54	3,33	2,49	3,08
Equity Ratio	0,38	0,42	0,42	0,4
Gross Profit Margin	24,76 %	29,65 %	32,62 %	29,8 %