SOLBERG ELEKTROINSTALLASJON AS

2383 BRUMUNDDAL

Finances

Return on Equity

−11,58 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 103 000	25 061 000	28 124 000	27 167 000
Net Income	−206 000	−399 000	497 000	333 000
Total Assets	9 221 000	8 764 000	10 226 000	8 333 000
Total Equity	1 779 000	1 780 000	2 045 000	2 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 103 000	25 061 000	28 124 000	27 167 000
Expenditure	28 321 000	25 560 000	27 477 000	26 727 000
Operating Profit	−219 000	−499 000	646 000	440 000
Financial Income	45 000	3 000	8 000	21 000
Financial Costs	90 000	16 000	17 000	27 000
Financial Balance	−45 000	−13 000	−9 000	−6 000
Earnings Before Tax	−263 000	−512 000	636 000	433 000
Tax	−57 000	−113 000	140 000	100 000
Net Income	−206 000	−399 000	497 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	718 000	985 000	1 195 000	337 000
Total Current Assets	8 503 000	7 779 000	9 031 000	7 996 000
Total Assets	9 221 000	8 764 000	10 226 000	8 333 000
Total Retained Equity	−560 000	−354 000	45 000	0
Total Equity	1 779 000	1 780 000	2 045 000	2 001 000
Total Long-Term Debt	0	0	17 000	0
Total Current Debt	7 442 000	6 984 000	8 163 000	6 333 000
Total Equity and Debt	9 221 000	8 764 000	10 226 000	8 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 816 000	25 004 000	27 921 000	27 088 000
Other Income	287 000	58 000	203 000	79 000
Revenue	28 103 000	25 061 000	28 124 000	27 167 000
Cost of Goods Sold	11 455 000	9 869 000	11 137 000	10 319 000
Salary Costs	13 604 000	12 487 000	13 552 000	13 567 000
Depreciation	310 000	314 000	228 000	91 000
Impairment	0	0	0	0
Expenditure	28 321 000	25 560 000	27 477 000	26 727 000
Operating Profit	−219 000	−499 000	646 000	440 000
Financial Income	45 000	3 000	8 000	21 000
Financial Costs	90 000	16 000	17 000	27 000
Financial Balance	−45 000	−13 000	−9 000	−6 000
Dividends	0	0	452 000	333 000
Net Income	−206 000	−399 000	497 000	333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	58 000	0	94 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	657 000	927 000	1 195 000	243 000
Total Tangible Assets	657 000	927 000	1 195 000	243 000
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	718 000	985 000	1 195 000	337 000
Stock	1 509 000	1 549 000	1 450 000	1 195 000
Total Investments	0	0	0	0
Cash, Bank	1 024 000	778 000	1 053 000	619 000
Total Current Assets	8 503 000	7 779 000	9 031 000	7 996 000
Total Assets	9 221 000	8 764 000	10 226 000	8 333 000
Total Equity	1 779 000	1 780 000	2 045 000	2 001 000
Short-Term Group Debt	1 005 000	2 367 000	2 019 000	24 000
Total Long-Term Debt	0	0	17 000	0
Creditors	1 314 000	196 000	641 000	430 000
Unpaid Taxes	2 173 000	1 928 000	2 129 000	2 450 000
Dividends	0	0	452 000	333 000
Other Current Debt	2 950 000	2 492 000	2 893 000	3 012 000
Total Current Debt	7 442 000	6 984 000	8 163 000	6 333 000
Total Equity and Debt	9 221 000	8 764 000	10 226 000	8 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,58 %	−22,42 %	24,3 %	16,64 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−0,78 %	−1,99 %	2,3 %	1,62 %
Current Ratio	1,14	1,11	1,11	1,26
Quick Ratio	1,43	1,43	1,35	1,56
Equity Ratio	0,19	0,2	0,2	0,24
Gross Profit Margin	59,24 %	60,62 %	60,4 %	62,02 %