SOLIDENERGY AS

5347 ÅGOTNES

Finances

Return on Equity

54,8 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	347 448 000	257 716 000	252 516 000	297 934 000
Net Income	14 774 000	7 575 000	8 332 000	−6 655 000
Total Assets	123 189 000	69 828 000	71 041 000	89 776 000
Total Equity	26 958 000	20 184 000	14 609 000	6 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	347 448 000	257 716 000	252 516 000	297 934 000
Expenditure	328 180 000	248 154 000	240 335 000	305 580 000
Operating Profit	19 268 000	9 562 000	12 182 000	−7 646 000
Financial Income	142 000	86 000	14 000	64 000
Financial Costs	396 000	477 000	1 459 000	864 000
Financial Balance	−254 000	−391 000	−1 445 000	−800 000
Earnings Before Tax	19 014 000	9 170 000	10 736 000	−8 446 000
Tax	4 241 000	1 595 000	2 405 000	−1 791 000
Net Income	14 774 000	7 575 000	8 332 000	−6 655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 769 000	7 090 000	5 104 000	8 066 000
Total Current Assets	112 420 000	62 738 000	65 937 000	81 710 000
Total Assets	123 189 000	69 828 000	71 041 000	89 776 000
Total Retained Equity	20 681 000	13 907 000	8 332 000	0
Total Equity	26 958 000	20 184 000	14 609 000	6 277 000
Total Long-Term Debt	3 958 000	0	0	0
Total Current Debt	92 272 000	49 643 000	56 432 000	83 499 000
Total Equity and Debt	123 189 000	69 828 000	71 041 000	89 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	347 448 000	256 958 000	249 276 000	297 934 000
Other Income	0	757 000	3 240 000	0
Revenue	347 448 000	257 716 000	252 516 000	297 934 000
Cost of Goods Sold	24 279 000	30 161 000	23 947 000	35 753 000
Salary Costs	224 051 000	145 094 000	152 629 000	190 795 000
Depreciation	2 760 000	1 670 000	1 795 000	2 258 000
Impairment	0	0	0	0
Expenditure	328 180 000	248 154 000	240 335 000	305 580 000
Operating Profit	19 268 000	9 562 000	12 182 000	−7 646 000
Financial Income	142 000	86 000	14 000	64 000
Financial Costs	396 000	477 000	1 459 000	864 000
Financial Balance	−254 000	−391 000	−1 445 000	−800 000
Dividends	8 000 000	2 000 000	0	0
Net Income	14 774 000	7 575 000	8 332 000	−6 655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	859 000	1 317 000	1 264 000	3 747 000
Real Eastate	0	0	0	16 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 229 000	4 155 000	3 835 000	4 298 000
Total Tangible Assets	8 229 000	4 155 000	3 835 000	4 314 000
Total Fiancial Fixed Assets	1 681 000	1 617 000	5 000	5 000
Total Fixed Assets	10 769 000	7 090 000	5 104 000	8 066 000
Stock	0	0	27 000	1 092 000
Total Investments	0	0	0	0
Cash, Bank	33 024 000	12 874 000	6 317 000	6 038 000
Total Current Assets	112 420 000	62 738 000	65 937 000	81 710 000
Total Assets	123 189 000	69 828 000	71 041 000	89 776 000
Total Equity	26 958 000	20 184 000	14 609 000	6 277 000
Short-Term Group Debt	0	0	0	1 326 000
Total Long-Term Debt	3 958 000	0	0	0
Creditors	11 036 000	13 592 000	9 742 000	19 470 000
Unpaid Taxes	30 688 000	15 299 000	20 370 000	23 105 000
Dividends	8 000 000	2 000 000	0	0
Other Current Debt	38 712 000	17 057 000	21 588 000	28 703 000
Total Current Debt	92 272 000	49 643 000	56 432 000	83 499 000
Total Equity and Debt	123 189 000	69 828 000	71 041 000	89 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,8 %	37,53 %	57,03 %	−106,02 %
Debt-to-Equity Ratio	0,15	0	0	0
Operating Profit Margin	5,55 %	3,71 %	4,82 %	−2,57 %
Current Ratio	1,22	1,26	1,17	0,98
Quick Ratio	1,22	1,26	1,17	0,99
Equity Ratio	0,22	0,29	0,21	0,07
Gross Profit Margin	93,01 %	88,3 %	90,52 %	88 %