SOLØR EDB AS

2211 KONGSVINGER

Finances

Return on Equity

−4,7 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 784 000	5 402 000	5 710 000	4 423 000
Net Income	−55 000	121 000	351 000	86 000
Total Assets	1 883 000	2 082 000	2 561 000	2 035 000
Total Equity	1 170 000	1 225 000	1 204 000	1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 784 000	5 402 000	5 710 000	4 423 000
Expenditure	4 869 000	5 268 000	5 293 000	4 328 000
Operating Profit	−86 000	134 000	418 000	95 000
Financial Income	23 000	28 000	43 000	28 000
Financial Costs	8 000	8 000	9 000	11 000
Financial Balance	15 000	20 000	34 000	17 000
Earnings Before Tax	−71 000	155 000	451 000	111 000
Tax	−16 000	34 000	101 000	25 000
Net Income	−55 000	121 000	351 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	119 000	123 000	108 000
Total Current Assets	1 760 000	1 963 000	2 438 000	1 927 000
Total Assets	1 883 000	2 082 000	2 561 000	2 035 000
Total Retained Equity	970 000	1 025 000	1 004 000	903 000
Total Equity	1 170 000	1 225 000	1 204 000	1 103 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	713 000	857 000	1 357 000	932 000
Total Equity and Debt	1 883 000	2 082 000	2 561 000	2 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 694 000	5 312 000	5 629 000	4 336 000
Other Income	90 000	90 000	81 000	87 000
Revenue	4 784 000	5 402 000	5 710 000	4 423 000
Cost of Goods Sold	2 612 000	3 074 000	3 057 000	2 222 000
Salary Costs	1 799 000	1 777 000	1 850 000	1 684 000
Depreciation	11 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	4 869 000	5 268 000	5 293 000	4 328 000
Operating Profit	−86 000	134 000	418 000	95 000
Financial Income	23 000	28 000	43 000	28 000
Financial Costs	8 000	8 000	9 000	11 000
Financial Balance	15 000	20 000	34 000	17 000
Dividends	0	100 000	250 000	80 000
Net Income	−55 000	121 000	351 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	6 000	7 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	15 000	0
Total Tangible Assets	0	11 000	15 000	0
Total Fiancial Fixed Assets	101 000	101 000	101 000	101 000
Total Fixed Assets	123 000	119 000	123 000	108 000
Stock	623 000	641 000	597 000	597 000
Total Investments	0	0	0	0
Cash, Bank	377 000	106 000	717 000	627 000
Total Current Assets	1 760 000	1 963 000	2 438 000	1 927 000
Total Assets	1 883 000	2 082 000	2 561 000	2 035 000
Total Equity	1 170 000	1 225 000	1 204 000	1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	84 000	335 000	268 000
Unpaid Taxes	284 000	348 000	304 000	288 000
Dividends	0	100 000	250 000	80 000
Other Current Debt	298 000	291 000	369 000	272 000
Total Current Debt	713 000	857 000	1 357 000	932 000
Total Equity and Debt	1 883 000	2 082 000	2 561 000	2 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,7 %	9,88 %	29,15 %	7,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,8 %	2,48 %	7,32 %	2,15 %
Current Ratio	2,47	2,29	1,8	2,07
Quick Ratio	19,56	9,09	3,21	5,75
Equity Ratio	0,62	0,59	0,47	0,54
Gross Profit Margin	45,4 %	43,1 %	46,46 %	49,76 %