BRØDRENE SOLEM AS

3055 KROKSTADELVA

Finances

Share Ownership

Return on Equity

2,87 %

Current Ratio

3,72

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 579 000	10 183 000	14 506 000	12 382 000
Net Income	224 000	−1 364 000	363 000	253 000
Total Assets	9 749 000	10 520 000	12 796 000	11 893 000
Total Equity	7 816 000	7 592 000	8 956 000	9 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 579 000	10 183 000	14 506 000	12 382 000
Expenditure	11 361 000	11 533 000	14 052 000	12 065 000
Operating Profit	218 000	−1 348 000	452 000	317 000
Financial Income	24 000	6 000	17 000	19 000
Financial Costs	18 000	10 000	3 000	11 000
Financial Balance	6 000	−4 000	14 000	8 000
Earnings Before Tax	224 000	−1 352 000	466 000	325 000
Tax	0	12 000	103 000	71 000
Net Income	224 000	−1 364 000	363 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 987 000	3 905 000	3 817 000	5 540 000
Total Current Assets	6 763 000	6 615 000	8 979 000	6 352 000
Total Assets	9 749 000	10 520 000	12 796 000	11 893 000
Total Retained Equity	2 816 000	2 592 000	3 956 000	4 338 000
Total Equity	7 816 000	7 592 000	8 956 000	9 338 000
Total Long-Term Debt	114 000	747 000	0	260 000
Total Current Debt	1 819 000	2 181 000	3 840 000	2 295 000
Total Equity and Debt	9 749 000	10 520 000	12 796 000	11 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 339 000	9 983 000	14 506 000	12 362 000
Other Income	240 000	200 000	0	20 000
Revenue	11 579 000	10 183 000	14 506 000	12 382 000
Cost of Goods Sold	3 321 000	2 539 000	3 931 000	3 801 000
Salary Costs	4 740 000	5 418 000	6 379 000	4 685 000
Depreciation	1 213 000	1 258 000	1 263 000	1 234 000
Impairment	0	0	0	0
Expenditure	11 361 000	11 533 000	14 052 000	12 065 000
Operating Profit	218 000	−1 348 000	452 000	317 000
Financial Income	24 000	6 000	17 000	19 000
Financial Costs	18 000	10 000	3 000	11 000
Financial Balance	6 000	−4 000	14 000	8 000
Dividends	0	0	724 000	0
Net Income	224 000	−1 364 000	363 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	0
Real Eastate	609 000	609 000	609 000	609 000
Machinery and Plant Facilities	1 051 000	1 775 000	2 071 000	2 987 000
Fixtures	1 327 000	1 521 000	1 125 000	1 394 000
Total Tangible Assets	2 986 000	3 905 000	3 804 000	4 990 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	551 000
Total Fixed Assets	2 987 000	3 905 000	3 817 000	5 540 000
Stock	1 335 000	1 335 000	1 335 000	1 335 000
Total Investments	0	0	0	0
Cash, Bank	4 097 000	3 206 000	4 432 000	1 682 000
Total Current Assets	6 763 000	6 615 000	8 979 000	6 352 000
Total Assets	9 749 000	10 520 000	12 796 000	11 893 000
Total Equity	7 816 000	7 592 000	8 956 000	9 338 000
Short-Term Group Debt	0	7 000	28 000	0
Total Long-Term Debt	114 000	747 000	0	260 000
Creditors	296 000	257 000	643 000	510 000
Unpaid Taxes	878 000	1 177 000	1 401 000	884 000
Dividends	0	0	724 000	0
Other Current Debt	645 000	740 000	833 000	803 000
Total Current Debt	1 819 000	2 181 000	3 840 000	2 295 000
Total Equity and Debt	9 749 000	10 520 000	12 796 000	11 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,87 %	−17,97 %	4,05 %	2,71 %
Debt-to-Equity Ratio	0,01	0,1	0	0,03
Operating Profit Margin	1,88 %	−13,24 %	3,12 %	2,56 %
Current Ratio	3,72	3,03	2,34	2,77
Quick Ratio	13,97	7,82	3,58	6,62
Equity Ratio	0,8	0,72	0,7	0,79
Gross Profit Margin	71,32 %	75,07 %	72,9 %	69,3 %