SOLBERG MEK VERKSTED AS

5282 LONEVÅG

Finances

Return on Equity

10,83 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 567 000	75 185 000	61 234 000	62 220 000
Net Income	3 415 000	3 923 000	2 589 000	3 929 000
Total Assets	47 550 000	41 820 000	37 500 000	36 708 000
Total Equity	31 537 000	27 839 000	25 916 000	23 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 567 000	75 185 000	61 234 000	62 220 000
Expenditure	89 585 000	70 094 000	58 125 000	57 506 000
Operating Profit	3 982 000	5 090 000	3 108 000	4 715 000
Financial Income	462 000	212 000	277 000	334 000
Financial Costs	40 000	205 000	41 000	3 000
Financial Balance	422 000	7 000	236 000	331 000
Earnings Before Tax	4 405 000	5 097 000	3 345 000	5 046 000
Tax	990 000	1 174 000	756 000	1 117 000
Net Income	3 415 000	3 923 000	2 589 000	3 929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 222 000	8 562 000	14 776 000	10 912 000
Total Current Assets	37 328 000	33 258 000	22 724 000	25 796 000
Total Assets	47 550 000	41 820 000	37 500 000	36 708 000
Total Retained Equity	31 437 000	27 739 000	25 816 000	23 227 000
Total Equity	31 537 000	27 839 000	25 916 000	23 327 000
Total Long-Term Debt	150 000	150 000	150 000	150 000
Total Current Debt	15 862 000	13 831 000	11 434 000	13 231 000
Total Equity and Debt	47 550 000	41 820 000	37 500 000	36 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 410 000	75 037 000	61 020 000	62 056 000
Other Income	158 000	147 000	214 000	164 000
Revenue	93 567 000	75 185 000	61 234 000	62 220 000
Cost of Goods Sold	67 292 000	49 647 000	37 307 000	41 844 000
Salary Costs	14 180 000	13 916 000	13 674 000	10 757 000
Depreciation	1 315 000	1 318 000	1 295 000	1 019 000
Impairment	0	0	0	0
Expenditure	89 585 000	70 094 000	58 125 000	57 506 000
Operating Profit	3 982 000	5 090 000	3 108 000	4 715 000
Financial Income	462 000	212 000	277 000	334 000
Financial Costs	40 000	205 000	41 000	3 000
Financial Balance	422 000	7 000	236 000	331 000
Dividends	0	2 000 000	0	1 500 000
Net Income	3 415 000	3 923 000	2 589 000	3 929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	337 000	248 000	300 000	117 000
Real Eastate	303 000	303 000	303 000	0
Machinery and Plant Facilities	0	712 000	847 000	997 000
Fixtures	3 246 000	1 904 000	2 840 000	2 512 000
Total Tangible Assets	3 549 000	2 919 000	3 990 000	3 509 000
Total Fiancial Fixed Assets	6 336 000	5 395 000	10 486 000	7 286 000
Total Fixed Assets	10 222 000	8 562 000	14 776 000	10 912 000
Stock	13 519 000	9 298 000	7 795 000	7 969 000
Total Investments	0	0	0	0
Cash, Bank	12 514 000	15 763 000	6 624 000	12 619 000
Total Current Assets	37 328 000	33 258 000	22 724 000	25 796 000
Total Assets	47 550 000	41 820 000	37 500 000	36 708 000
Total Equity	31 537 000	27 839 000	25 916 000	23 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	150 000	150 000	150 000
Creditors	8 812 000	5 800 000	3 402 000	6 998 000
Unpaid Taxes	3 587 000	3 196 000	2 792 000	2 290 000
Dividends	0	2 000 000	0	1 500 000
Other Current Debt	2 384 000	1 712 000	4 302 000	1 313 000
Total Current Debt	15 862 000	13 831 000	11 434 000	13 231 000
Total Equity and Debt	47 550 000	41 820 000	37 500 000	36 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,83 %	14,09 %	9,99 %	16,84 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	4,26 %	6,77 %	5,08 %	7,58 %
Current Ratio	2,35	2,4	1,99	1,95
Quick Ratio	15,93	7,34	6,24	4,9
Equity Ratio	0,66	0,67	0,69	0,64
Gross Profit Margin	28,08 %	33,97 %	39,07 %	32,75 %