SOLHEIM AUTOSERVICE AS

5652 ÅRLAND

Finances

Return on Equity

178,77 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 821 000	34 491 000	29 317 000	32 919 000
Net Income	724 000	558 000	214 000	−411 000
Total Assets	3 072 000	2 325 000	1 581 000	1 383 000
Total Equity	405 000	181 000	−377 000	−591 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 821 000	34 491 000	29 317 000	32 919 000
Expenditure	46 099 000	33 943 000	29 097 000	33 311 000
Operating Profit	723 000	549 000	220 000	−392 000
Financial Income	32 000	24 000	21 000	1 000
Financial Costs	9 000	15 000	27 000	21 000
Financial Balance	23 000	9 000	−6 000	−20 000
Earnings Before Tax	746 000	558 000	214 000	−411 000
Tax	21 000	0	0	0
Net Income	724 000	558 000	214 000	−411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	194 000	165 000	164 000
Total Current Assets	2 866 000	2 131 000	1 416 000	1 219 000
Total Assets	3 072 000	2 325 000	1 581 000	1 383 000
Total Retained Equity	305 000	81 000	−477 000	−691 000
Total Equity	405 000	181 000	−377 000	−591 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 666 000	2 144 000	1 957 000	1 974 000
Total Equity and Debt	3 072 000	2 325 000	1 581 000	1 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 821 000	34 491 000	29 285 000	32 919 000
Other Income	0	0	32 000	0
Revenue	46 821 000	34 491 000	29 317 000	32 919 000
Cost of Goods Sold	40 509 000	28 599 000	24 370 000	28 083 000
Salary Costs	3 425 000	3 407 000	2 970 000	3 116 000
Depreciation	31 000	20 000	27 000	45 000
Impairment	0	0	0	0
Expenditure	46 099 000	33 943 000	29 097 000	33 311 000
Operating Profit	723 000	549 000	220 000	−392 000
Financial Income	32 000	24 000	21 000	1 000
Financial Costs	9 000	15 000	27 000	21 000
Financial Balance	23 000	9 000	−6 000	−20 000
Dividends	500 000	0	0	0
Net Income	724 000	558 000	214 000	−411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	37 000	47 000	0	0
Fixtures	70 000	50 000	67 000	67 000
Total Tangible Assets	108 000	97 000	67 000	67 000
Total Fiancial Fixed Assets	98 000	98 000	98 000	98 000
Total Fixed Assets	205 000	194 000	165 000	164 000
Stock	1 265 000	1 087 000	967 000	956 000
Total Investments	0	0	0	0
Cash, Bank	1 425 000	884 000	303 000	108 000
Total Current Assets	2 866 000	2 131 000	1 416 000	1 219 000
Total Assets	3 072 000	2 325 000	1 581 000	1 383 000
Total Equity	405 000	181 000	−377 000	−591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 127 000	877 000	1 025 000	938 000
Unpaid Taxes	260 000	270 000	254 000	195 000
Dividends	500 000	0	0	0
Other Current Debt	671 000	571 000	422 000	416 000
Total Current Debt	2 666 000	2 144 000	1 957 000	1 974 000
Total Equity and Debt	3 072 000	2 325 000	1 581 000	1 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	178,77 %	308,29 %	−56,76 %	69,54 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	1,54 %	1,59 %	0,75 %	−1,19 %
Current Ratio	1,08	0,99	0,72	0,62
Quick Ratio	2,05	2,02	1,43	1,2
Equity Ratio	0,13	0,08	−0,24	−0,43
Gross Profit Margin	13,48 %	17,08 %	16,87 %	14,69 %