SOLID ØKONOMI AS

0688 OSLO

Finances

Share Ownership

Return on Equity

130,77 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 010 000	2 061 000	1 905 000	2 119 000
Net Income	425 000	466 000	538 000	545 000
Total Assets	895 000	956 000	1 133 000	1 174 000
Total Equity	325 000	300 000	309 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 010 000	2 061 000	1 905 000	2 119 000
Expenditure	1 466 000	1 473 000	1 217 000	1 423 000
Operating Profit	544 000	587 000	688 000	696 000
Financial Income	2 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	3 000	4 000
Earnings Before Tax	546 000	589 000	691 000	700 000
Tax	121 000	122 000	153 000	154 000
Net Income	425 000	466 000	538 000	545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	13 000	10 000	8 000
Total Current Assets	881 000	943 000	1 123 000	1 165 000
Total Assets	895 000	956 000	1 133 000	1 174 000
Total Retained Equity	295 000	270 000	279 000	291 000
Total Equity	325 000	300 000	309 000	321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	570 000	656 000	824 000	853 000
Total Equity and Debt	895 000	956 000	1 133 000	1 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 010 000	2 061 000	1 905 000	2 116 000
Other Income	0	0	0	3 000
Revenue	2 010 000	2 061 000	1 905 000	2 119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 198 000	1 231 000	985 000	1 084 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 466 000	1 473 000	1 217 000	1 423 000
Operating Profit	544 000	587 000	688 000	696 000
Financial Income	2 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	3 000	4 000
Dividends	400 000	475 000	550 000	450 000
Net Income	425 000	466 000	538 000	545 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	13 000	10 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	13 000	10 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	361 000	463 000	649 000	683 000
Total Current Assets	881 000	943 000	1 123 000	1 165 000
Total Assets	895 000	956 000	1 133 000	1 174 000
Total Equity	325 000	300 000	309 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	7 000	4 000	8 000
Unpaid Taxes	171 000	168 000	137 000	163 000
Dividends	400 000	475 000	550 000	450 000
Other Current Debt	115 000	156 000	228 000	226 000
Total Current Debt	570 000	656 000	824 000	853 000
Total Equity and Debt	895 000	956 000	1 133 000	1 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,77 %	155,33 %	174,11 %	169,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,06 %	28,48 %	36,12 %	32,85 %
Current Ratio	1,55	1,44	1,36	1,37
Quick Ratio	1,55	1,44	1,36	1,37
Equity Ratio	0,36	0,31	0,27	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %