SOLGAARD AS

0251 OSLO

Finances

Share Ownership

Return on Equity

43,3 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 881 000	3 733 000	3 533 000	3 333 000
Net Income	2 185 000	2 232 000	2 046 000	1 861 000
Total Assets	12 978 000	11 819 000	12 677 000	11 593 000
Total Equity	5 046 000	5 006 000	5 263 000	3 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 881 000	3 733 000	3 533 000	3 333 000
Expenditure	994 000	999 000	898 000	889 000
Operating Profit	2 886 000	2 734 000	2 636 000	2 445 000
Financial Income	2 000	127 000	11 000	21 000
Financial Costs	88 000	0	24 000	80 000
Financial Balance	−86 000	127 000	−13 000	−59 000
Earnings Before Tax	2 801 000	2 861 000	2 623 000	2 386 000
Tax	616 000	629 000	577 000	525 000
Net Income	2 185 000	2 232 000	2 046 000	1 861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 971 000	9 781 000	10 591 000	11 401 000
Total Current Assets	4 007 000	2 038 000	2 086 000	192 000
Total Assets	12 978 000	11 819 000	12 677 000	11 593 000
Total Retained Equity	3 938 000	3 898 000	4 155 000	2 109 000
Total Equity	5 046 000	5 006 000	5 263 000	3 217 000
Total Long-Term Debt	2 831 000	3 354 000	3 960 000	5 639 000
Total Current Debt	5 100 000	3 459 000	3 455 000	2 737 000
Total Equity and Debt	12 978 000	11 819 000	12 677 000	11 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	533 000	0	0	0
Other Income	3 347 000	3 733 000	3 533 000	3 333 000
Revenue	3 881 000	3 733 000	3 533 000	3 333 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	810 000	810 000	810 000	810 000
Impairment	0	0	0	0
Expenditure	994 000	999 000	898 000	889 000
Operating Profit	2 886 000	2 734 000	2 636 000	2 445 000
Financial Income	2 000	127 000	11 000	21 000
Financial Costs	88 000	0	24 000	80 000
Financial Balance	−86 000	127 000	−13 000	−59 000
Dividends	0	0	0	0
Net Income	2 185 000	2 232 000	2 046 000	1 861 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 971 000	9 781 000	10 591 000	11 401 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 971 000	9 781 000	10 591 000	11 401 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 971 000	9 781 000	10 591 000	11 401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 837 000	2 000	2 039 000	192 000
Total Current Assets	4 007 000	2 038 000	2 086 000	192 000
Total Assets	12 978 000	11 819 000	12 677 000	11 593 000
Total Equity	5 046 000	5 006 000	5 263 000	3 217 000
Short-Term Group Debt	5 045 000	3 190 000	2 643 000	2 619 000
Total Long-Term Debt	2 831 000	3 354 000	3 960 000	5 639 000
Creditors	35 000	133 000	51 000	2 000
Unpaid Taxes	0	117 000	124 000	116 000
Dividends	0	0	0	0
Other Current Debt	20 000	20 000	0	0
Total Current Debt	5 100 000	3 459 000	3 455 000	2 737 000
Total Equity and Debt	12 978 000	11 819 000	12 677 000	11 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,3 %	44,59 %	38,88 %	57,85 %
Debt-to-Equity Ratio	0,56	0,67	0,75	1,75
Operating Profit Margin	74,36 %	73,24 %	74,61 %	73,36 %
Current Ratio	0,79	0,59	0,6	0,07
Quick Ratio	0,79	0,59	0,6	0,07
Equity Ratio	0,39	0,42	0,42	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %