Solstad Begravelsesbyrå AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

36,4 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 536 000	7 422 000	5 740 000	6 373 000
Net Income	1 753 000	1 788 000	1 148 000	1 577 000
Total Assets	8 787 000	7 898 000	7 837 000	5 843 000
Total Equity	4 816 000	4 664 000	4 276 000	4 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 536 000	7 422 000	5 740 000	6 373 000
Expenditure	5 270 000	5 087 000	4 315 000	4 385 000
Operating Profit	2 265 000	2 336 000	1 425 000	1 988 000
Financial Income	43 000	5 000	19 000	34 000
Financial Costs	56 000	45 000	10 000	0
Financial Balance	−13 000	−40 000	9 000	34 000
Earnings Before Tax	2 252 000	2 296 000	1 434 000	2 021 000
Tax	499 000	507 000	286 000	445 000
Net Income	1 753 000	1 788 000	1 148 000	1 577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	876 000	1 193 000	1 514 000	142 000
Total Current Assets	7 912 000	6 705 000	6 323 000	5 701 000
Total Assets	8 787 000	7 898 000	7 837 000	5 843 000
Total Retained Equity	4 714 000	4 561 000	4 173 000	3 925 000
Total Equity	4 816 000	4 664 000	4 276 000	4 028 000
Total Long-Term Debt	1 287 000	1 456 000	1 911 000	0
Total Current Debt	2 684 000	1 778 000	1 650 000	1 815 000
Total Equity and Debt	8 787 000	7 898 000	7 837 000	5 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 536 000	7 046 000	5 738 000	6 253 000
Other Income	0	376 000	2 000	120 000
Revenue	7 536 000	7 422 000	5 740 000	6 373 000
Cost of Goods Sold	2 182 000	2 028 000	1 533 000	1 861 000
Salary Costs	1 815 000	1 711 000	1 665 000	1 461 000
Depreciation	318 000	320 000	174 000	146 000
Impairment	0	0	0	0
Expenditure	5 270 000	5 087 000	4 315 000	4 385 000
Operating Profit	2 265 000	2 336 000	1 425 000	1 988 000
Financial Income	43 000	5 000	19 000	34 000
Financial Costs	56 000	45 000	10 000	0
Financial Balance	−13 000	−40 000	9 000	34 000
Dividends	1 600 000	400 000	900 000	900 000
Net Income	1 753 000	1 788 000	1 148 000	1 577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	40 000	44 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	12 000	18 000	24 000
Fixtures	835 000	1 142 000	1 451 000	117 000
Total Tangible Assets	841 000	1 154 000	1 469 000	142 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	876 000	1 193 000	1 514 000	142 000
Stock	74 000	77 000	73 000	65 000
Total Investments	0	0	0	0
Cash, Bank	7 167 000	5 838 000	5 655 000	5 115 000
Total Current Assets	7 912 000	6 705 000	6 323 000	5 701 000
Total Assets	8 787 000	7 898 000	7 837 000	5 843 000
Total Equity	4 816 000	4 664 000	4 276 000	4 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 287 000	1 456 000	1 911 000	0
Creditors	229 000	228 000	195 000	197 000
Unpaid Taxes	109 000	164 000	135 000	98 000
Dividends	1 600 000	400 000	900 000	900 000
Other Current Debt	207 000	529 000	178 000	175 000
Total Current Debt	2 684 000	1 778 000	1 650 000	1 815 000
Total Equity and Debt	8 787 000	7 898 000	7 837 000	5 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,4 %	38,34 %	26,85 %	39,15 %
Debt-to-Equity Ratio	0,27	0,31	0,45	0
Operating Profit Margin	30,06 %	31,47 %	24,83 %	31,19 %
Current Ratio	2,95	3,77	3,83	3,14
Quick Ratio	3,03	3,94	4,01	3,26
Equity Ratio	0,55	0,59	0,55	0,69
Gross Profit Margin	71,05 %	72,68 %	73,29 %	70,8 %