SOLIFERPOLAR AS

2760 BRANDBU

Finances

Return on Equity

−15,59 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 706 000	74 666 000	94 810 000	102 629 000
Net Income	−1 192 000	401 000	−5 389 000	249 000
Total Assets	22 007 000	14 395 000	29 637 000	51 029 000
Total Equity	7 644 000	8 836 000	8 435 000	10 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 706 000	74 666 000	94 810 000	102 629 000
Expenditure	71 963 000	73 996 000	97 649 000	99 425 000
Operating Profit	−1 257 000	670 000	−2 839 000	3 203 000
Financial Income	756 000	798 000	209 000	192 000
Financial Costs	690 000	1 067 000	2 760 000	3 043 000
Financial Balance	66 000	−269 000	−2 551 000	−2 851 000
Earnings Before Tax	−1 192 000	401 000	−5 389 000	352 000
Tax	0	0	0	102 000
Net Income	−1 192 000	401 000	−5 389 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 252 000	4 157 000	6 510 000	5 277 000
Total Current Assets	18 755 000	10 239 000	23 127 000	45 752 000
Total Assets	22 007 000	14 395 000	29 637 000	51 029 000
Total Retained Equity	1 244 000	2 436 000	2 035 000	4 138 000
Total Equity	7 644 000	8 836 000	8 435 000	10 538 000
Total Long-Term Debt	0	0	4 096 000	0
Total Current Debt	14 364 000	5 560 000	17 107 000	40 490 000
Total Equity and Debt	22 007 000	14 395 000	29 637 000	51 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 980 000	72 246 000	94 771 000	102 452 000
Other Income	725 000	2 421 000	39 000	177 000
Revenue	70 706 000	74 666 000	94 810 000	102 629 000
Cost of Goods Sold	68 352 000	70 121 000	92 331 000	90 281 000
Salary Costs	2 053 000	2 127 000	3 228 000	3 934 000
Depreciation	0	0	24 000	37 000
Impairment	0	0	0	0
Expenditure	71 963 000	73 996 000	97 649 000	99 425 000
Operating Profit	−1 257 000	670 000	−2 839 000	3 203 000
Financial Income	756 000	798 000	209 000	192 000
Financial Costs	690 000	1 067 000	2 760 000	3 043 000
Financial Balance	66 000	−269 000	−2 551 000	−2 851 000
Dividends	0	0	0	0
Net Income	−1 192 000	401 000	−5 389 000	249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	854 000	854 000	854 000	878 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 398 000	3 303 000	5 656 000	4 399 000
Total Fixed Assets	3 252 000	4 157 000	6 510 000	5 277 000
Stock	2 772 000	4 094 000	22 207 000	38 004 000
Total Investments	0	0	0	0
Cash, Bank	7 067 000	270 000	54 000	165 000
Total Current Assets	18 755 000	10 239 000	23 127 000	45 752 000
Total Assets	22 007 000	14 395 000	29 637 000	51 029 000
Total Equity	7 644 000	8 836 000	8 435 000	10 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 096 000	0
Creditors	9 040 000	2 499 000	8 445 000	6 434 000
Unpaid Taxes	5 019 000	2 710 000	3 406 000	1 723 000
Dividends	0	0	0	0
Other Current Debt	304 000	350 000	454 000	3 830 000
Total Current Debt	14 364 000	5 560 000	17 107 000	40 490 000
Total Equity and Debt	22 007 000	14 395 000	29 637 000	51 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,59 %	4,54 %	−63,89 %	2,36 %
Debt-to-Equity Ratio	0	0	0,49	0
Operating Profit Margin	−1,78 %	0,9 %	−2,99 %	3,12 %
Current Ratio	1,31	1,84	1,35	1,13
Quick Ratio	1,62	6,98	−4,53	18,4
Equity Ratio	0,35	0,61	0,28	0,21
Gross Profit Margin	3,33 %	6,09 %	2,61 %	12,03 %