SOLLIHØGDA TREVAREFABRIKK AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

−15,91 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 964 000	7 736 000	7 057 000	8 013 000
Net Income	49 000	247 000	310 000	1 054 000
Total Assets	1 582 000	1 927 000	1 715 000	1 661 000
Total Equity	−308 000	−357 000	−604 000	−914 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 964 000	7 736 000	7 057 000	8 013 000
Expenditure	6 927 000	7 485 000	6 810 000	6 852 000
Operating Profit	91 000	271 000	339 000	1 081 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	24 000	30 000	28 000
Financial Balance	−42 000	−24 000	−30 000	−27 000
Earnings Before Tax	49 000	247 000	310 000	1 054 000
Tax	0	0	0	0
Net Income	49 000	247 000	310 000	1 054 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	105 000	128 000	156 000
Total Current Assets	1 466 000	1 822 000	1 588 000	1 505 000
Total Assets	1 582 000	1 927 000	1 715 000	1 661 000
Total Retained Equity	−2 354 000	−2 403 000	−2 650 000	−2 960 000
Total Equity	−308 000	−357 000	−604 000	−914 000
Total Long-Term Debt	76 000	76 000	76 000	156 000
Total Current Debt	1 814 000	2 208 000	2 243 000	2 419 000
Total Equity and Debt	1 582 000	1 927 000	1 715 000	1 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 964 000	7 736 000	7 057 000	7 994 000
Other Income	0	0	0	20 000
Revenue	6 964 000	7 736 000	7 057 000	8 013 000
Cost of Goods Sold	1 886 000	2 515 000	2 485 000	1 766 000
Salary Costs	3 781 000	3 617 000	3 201 000	3 765 000
Depreciation	19 000	22 000	28 000	35 000
Impairment	0	0	0	0
Expenditure	6 927 000	7 485 000	6 810 000	6 852 000
Operating Profit	91 000	271 000	339 000	1 081 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	24 000	30 000	28 000
Financial Balance	−42 000	−24 000	−30 000	−27 000
Dividends	0	0	0	0
Net Income	49 000	247 000	310 000	1 054 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	52 000	66 000	82 000	102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	35 000	41 000	48 000
Total Tangible Assets	111 000	100 000	123 000	151 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	116 000	105 000	128 000	156 000
Stock	1 034 000	980 000	960 000	868 000
Total Investments	0	0	0	0
Cash, Bank	106 000	237 000	407 000	338 000
Total Current Assets	1 466 000	1 822 000	1 588 000	1 505 000
Total Assets	1 582 000	1 927 000	1 715 000	1 661 000
Total Equity	−308 000	−357 000	−604 000	−914 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	76 000	76 000	156 000
Creditors	358 000	698 000	1 197 000	1 041 000
Unpaid Taxes	475 000	342 000	231 000	191 000
Dividends	0	0	0	0
Other Current Debt	868 000	849 000	815 000	1 186 000
Total Current Debt	1 814 000	2 208 000	2 243 000	2 419 000
Total Equity and Debt	1 582 000	1 927 000	1 715 000	1 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,91 %	−69,19 %	−51,32 %	−115,32 %
Debt-to-Equity Ratio	−0,25	−0,21	−0,13	−0,17
Operating Profit Margin	1,31 %	3,5 %	4,8 %	13,49 %
Current Ratio	0,81	0,83	0,71	0,62
Quick Ratio	1,88	1,48	1,24	0,97
Equity Ratio	−0,19	−0,19	−0,35	−0,55
Gross Profit Margin	72,92 %	67,49 %	64,79 %	77,96 %