SOLHEIM DIESEL AS

6905 FLORØ

Finances

Return on Equity

−9,5 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 283 000	31 233 000	31 745 000	24 792 000
Net Income	−435 000	1 595 000	1 383 000	35 000
Total Assets	15 021 000	13 925 000	12 388 000	11 673 000
Total Equity	4 580 000	4 616 000	3 822 000	3 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 283 000	31 233 000	31 745 000	24 792 000
Expenditure	26 511 000	29 022 000	29 750 000	24 554 000
Operating Profit	−228 000	2 211 000	1 995 000	238 000
Financial Income	16 000	4 000	4 000	4 000
Financial Costs	345 000	170 000	227 000	197 000
Financial Balance	−329 000	−166 000	−223 000	−193 000
Earnings Before Tax	−556 000	2 044 000	1 773 000	45 000
Tax	−121 000	450 000	390 000	10 000
Net Income	−435 000	1 595 000	1 383 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 499 000	1 696 000	1 575 000	1 188 000
Total Current Assets	13 522 000	12 229 000	10 813 000	10 485 000
Total Assets	15 021 000	13 925 000	12 388 000	11 673 000
Total Retained Equity	2 648 000	3 083 000	2 289 000	1 706 000
Total Equity	4 580 000	4 616 000	3 822 000	3 239 000
Total Long-Term Debt	1 511 000	1 842 000	1 798 000	1 901 000
Total Current Debt	8 930 000	7 466 000	6 768 000	6 533 000
Total Equity and Debt	15 021 000	13 925 000	12 388 000	11 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 283 000	31 233 000	31 735 000	24 792 000
Other Income	0	0	10 000	0
Revenue	26 283 000	31 233 000	31 745 000	24 792 000
Cost of Goods Sold	15 210 000	16 984 000	18 876 000	15 202 000
Salary Costs	7 270 000	7 850 000	6 528 000	5 615 000
Depreciation	368 000	362 000	320 000	191 000
Impairment	0	0	0	0
Expenditure	26 511 000	29 022 000	29 750 000	24 554 000
Operating Profit	−228 000	2 211 000	1 995 000	238 000
Financial Income	16 000	4 000	4 000	4 000
Financial Costs	345 000	170 000	227 000	197 000
Financial Balance	−329 000	−166 000	−223 000	−193 000
Dividends	0	800 000	800 000	0
Net Income	−435 000	1 595 000	1 383 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	3 000	29 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 372 000	1 581 000	1 545 000	1 141 000
Total Tangible Assets	1 372 000	1 581 000	1 545 000	1 141 000
Total Fiancial Fixed Assets	111 000	111 000	0	0
Total Fixed Assets	1 499 000	1 696 000	1 575 000	1 188 000
Stock	12 012 000	10 803 000	8 763 000	8 428 000
Total Investments	0	0	0	0
Cash, Bank	236 000	249 000	241 000	175 000
Total Current Assets	13 522 000	12 229 000	10 813 000	10 485 000
Total Assets	15 021 000	13 925 000	12 388 000	11 673 000
Total Equity	4 580 000	4 616 000	3 822 000	3 239 000
Short-Term Group Debt	800 000	0	0	0
Total Long-Term Debt	1 511 000	1 842 000	1 798 000	1 901 000
Creditors	2 713 000	3 474 000	3 055 000	3 809 000
Unpaid Taxes	499 000	589 000	409 000	604 000
Dividends	0	800 000	800 000	0
Other Current Debt	730 000	1 505 000	658 000	559 000
Total Current Debt	8 930 000	7 466 000	6 768 000	6 533 000
Total Equity and Debt	15 021 000	13 925 000	12 388 000	11 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,5 %	34,55 %	36,19 %	1,08 %
Debt-to-Equity Ratio	0,33	0,4	0,47	0,59
Operating Profit Margin	−0,87 %	7,08 %	6,28 %	0,96 %
Current Ratio	1,51	1,64	1,6	1,6
Quick Ratio	−4,39	−3,66	−5,42	−5,53
Equity Ratio	0,3	0,33	0,31	0,28
Gross Profit Margin	42,13 %	45,62 %	40,54 %	38,68 %