SOLLID MEK VERKSTED AS

6652 SURNADAL

Finances

Return on Equity

10,65 %

Current Ratio

1,97

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 361 000	17 449 000	15 622 000	14 338 000
Net Income	310 000	506 000	224 000	−177 000
Total Assets	9 926 000	10 055 000	9 837 000	7 870 000
Total Equity	2 911 000	2 601 000	2 095 000	1 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 361 000	17 449 000	15 622 000	14 338 000
Expenditure	19 097 000	16 684 000	15 228 000	14 552 000
Operating Profit	608 000	742 000	330 000	−137 000
Financial Income	3 000	10 000	3 000	5 000
Financial Costs	150 000	107 000	133 000	103 000
Financial Balance	−147 000	−97 000	−130 000	−98 000
Earnings Before Tax	460 000	645 000	200 000	−235 000
Tax	151 000	138 000	−24 000	−58 000
Net Income	310 000	506 000	224 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 979 000	2 871 000	3 463 000	2 942 000
Total Current Assets	6 947 000	7 184 000	6 374 000	4 928 000
Total Assets	9 926 000	10 055 000	9 837 000	7 870 000
Total Retained Equity	1 717 000	1 408 000	901 000	677 000
Total Equity	2 911 000	2 601 000	2 095 000	1 185 000
Total Long-Term Debt	3 496 000	3 613 000	3 523 000	4 219 000
Total Current Debt	3 519 000	3 841 000	4 219 000	2 467 000
Total Equity and Debt	9 926 000	10 055 000	9 837 000	7 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 779 000	15 926 000	14 971 000	14 338 000
Other Income	582 000	1 523 000	651 000	0
Revenue	19 361 000	17 449 000	15 622 000	14 338 000
Cost of Goods Sold	9 072 000	7 868 000	7 060 000	5 977 000
Salary Costs	6 765 000	6 334 000	6 102 000	5 956 000
Depreciation	588 000	469 000	393 000	265 000
Impairment	0	0	0	0
Expenditure	19 097 000	16 684 000	15 228 000	14 552 000
Operating Profit	608 000	742 000	330 000	−137 000
Financial Income	3 000	10 000	3 000	5 000
Financial Costs	150 000	107 000	133 000	103 000
Financial Balance	−147 000	−97 000	−130 000	−98 000
Dividends	0	0	0	0
Net Income	310 000	506 000	224 000	−177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	56 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 922 000	2 869 000	2 925 000	2 905 000
Total Tangible Assets	2 977 000	2 869 000	2 925 000	2 905 000
Total Fiancial Fixed Assets	2 000	2 000	538 000	37 000
Total Fixed Assets	2 979 000	2 871 000	3 463 000	2 942 000
Stock	3 572 000	3 744 000	2 812 000	2 417 000
Total Investments	0	0	0	0
Cash, Bank	632 000	2 203 000	3 047 000	1 429 000
Total Current Assets	6 947 000	7 184 000	6 374 000	4 928 000
Total Assets	9 926 000	10 055 000	9 837 000	7 870 000
Total Equity	2 911 000	2 601 000	2 095 000	1 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 496 000	3 613 000	3 523 000	4 219 000
Creditors	1 152 000	1 247 000	1 368 000	752 000
Unpaid Taxes	541 000	367 000	505 000	285 000
Dividends	0	0	0	0
Other Current Debt	1 660 000	2 102 000	2 346 000	1 429 000
Total Current Debt	3 519 000	3 841 000	4 219 000	2 467 000
Total Equity and Debt	9 926 000	10 055 000	9 837 000	7 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,65 %	19,45 %	10,69 %	−14,94 %
Debt-to-Equity Ratio	1,2	1,39	1,68	3,56
Operating Profit Margin	3,14 %	4,25 %	2,11 %	−0,96 %
Current Ratio	1,97	1,87	1,51	2
Quick Ratio	−131,08	74,06	4,53	98,56
Equity Ratio	0,29	0,26	0,21	0,15
Gross Profit Margin	53,14 %	54,91 %	54,81 %	58,31 %