SOLBERG SCANDINAVIAN AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

7,31 %

Current Ratio

8,71

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 299 000	25 455 000	24 409 000	49 084 000
Net Income	2 610 000	1 149 000	1 287 000	5 639 000
Total Assets	40 229 000	36 832 000	34 971 000	43 247 000
Total Equity	35 686 000	33 076 000	31 927 000	30 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 299 000	25 455 000	24 409 000	49 084 000
Expenditure	25 646 000	24 601 000	23 514 000	42 004 000
Operating Profit	2 653 000	854 000	895 000	7 080 000
Financial Income	736 000	687 000	769 000	541 000
Financial Costs	28 000	43 000	13 000	384 000
Financial Balance	708 000	644 000	756 000	157 000
Earnings Before Tax	3 360 000	1 499 000	1 651 000	7 237 000
Tax	750 000	350 000	364 000	1 599 000
Net Income	2 610 000	1 149 000	1 287 000	5 639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 797 000	3 822 000	3 851 000	3 880 000
Total Current Assets	36 432 000	33 010 000	31 120 000	39 368 000
Total Assets	40 229 000	36 832 000	34 971 000	43 247 000
Total Retained Equity	31 645 000	29 035 000	27 886 000	26 599 000
Total Equity	35 686 000	33 076 000	31 927 000	30 640 000
Total Long-Term Debt	362 000	450 000	558 000	715 000
Total Current Debt	4 181 000	3 307 000	2 487 000	11 892 000
Total Equity and Debt	40 229 000	36 832 000	34 971 000	43 247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 299 000	25 455 000	24 409 000	48 551 000
Other Income	0	0	0	532 000
Revenue	28 299 000	25 455 000	24 409 000	49 084 000
Cost of Goods Sold	19 473 000	18 101 000	17 800 000	35 630 000
Salary Costs	4 996 000	5 245 000	4 383 000	4 506 000
Depreciation	25 000	29 000	29 000	51 000
Impairment	0	0	0	63 000
Expenditure	25 646 000	24 601 000	23 514 000	42 004 000
Operating Profit	2 653 000	854 000	895 000	7 080 000
Financial Income	736 000	687 000	769 000	541 000
Financial Costs	28 000	43 000	13 000	384 000
Financial Balance	708 000	644 000	756 000	157 000
Dividends	0	0	0	0
Net Income	2 610 000	1 149 000	1 287 000	5 639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	32 000	61 000	89 000
Fixtures	0	0	0	0
Total Tangible Assets	7 000	32 000	61 000	89 000
Total Fiancial Fixed Assets	3 790 000	3 790 000	3 790 000	3 790 000
Total Fixed Assets	3 797 000	3 822 000	3 851 000	3 880 000
Stock	3 607 000	4 295 000	7 890 000	9 459 000
Total Investments	0	0	0	0
Cash, Bank	30 811 000	2 521 000	18 929 000	8 359 000
Total Current Assets	36 432 000	33 010 000	31 120 000	39 368 000
Total Assets	40 229 000	36 832 000	34 971 000	43 247 000
Total Equity	35 686 000	33 076 000	31 927 000	30 640 000
Short-Term Group Debt	1 188 000	346 000	0	0
Total Long-Term Debt	362 000	450 000	558 000	715 000
Creditors	156 000	97 000	153 000	7 327 000
Unpaid Taxes	893 000	1 066 000	231 000	1 363 000
Dividends	0	0	0	0
Other Current Debt	1 107 000	1 340 000	1 581 000	1 316 000
Total Current Debt	4 181 000	3 307 000	2 487 000	11 892 000
Total Equity and Debt	40 229 000	36 832 000	34 971 000	43 247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,31 %	3,47 %	4,03 %	18,4 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	9,37 %	3,35 %	3,67 %	14,42 %
Current Ratio	8,71	9,98	12,51	3,31
Quick Ratio	63,47	−33,41	−5,76	16,18
Equity Ratio	0,89	0,9	0,91	0,71
Gross Profit Margin	31,19 %	28,89 %	27,08 %	27,41 %