SOLHJELL AS

0159 OSLO

Finances

Share Ownership

Return on Equity

3,88 %

Current Ratio

0,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 750 000	20 469 000	21 631 000	22 868 000
Net Income	275 000	−543 000	−136 000	739 000
Total Assets	15 378 000	19 084 000	17 502 000	16 295 000
Total Equity	7 087 000	9 618 000	10 161 000	10 180 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 750 000	20 469 000	21 631 000	22 868 000
Expenditure	25 776 000	20 990 000	22 346 000	21 801 000
Operating Profit	−26 000	−521 000	−716 000	1 067 000
Financial Income	448 000	201 000	742 000	199 000
Financial Costs	70 000	377 000	201 000	328 000
Financial Balance	378 000	−176 000	541 000	−129 000
Earnings Before Tax	353 000	−697 000	−175 000	939 000
Tax	78 000	−153 000	−39 000	200 000
Net Income	275 000	−543 000	−136 000	739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 672 000	12 620 000	12 748 000	12 153 000
Total Current Assets	3 705 000	6 464 000	4 754 000	4 142 000
Total Assets	15 378 000	19 084 000	17 502 000	16 295 000
Total Retained Equity	4 276 000	7 001 000	7 544 000	7 680 000
Total Equity	7 087 000	9 618 000	10 161 000	10 180 000
Total Long-Term Debt	0	3 738 000	4 118 000	4 422 000
Total Current Debt	8 291 000	5 728 000	3 222 000	1 693 000
Total Equity and Debt	15 378 000	19 084 000	17 502 000	16 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 750 000	20 407 000	21 553 000	22 867 000
Other Income	0	62 000	77 000	1 000
Revenue	25 750 000	20 469 000	21 631 000	22 868 000
Cost of Goods Sold	22 470 000	17 928 000	18 989 000	17 898 000
Salary Costs	684 000	667 000	695 000	1 588 000
Depreciation	93 000	142 000	180 000	95 000
Impairment	0	0	0	0
Expenditure	25 776 000	20 990 000	22 346 000	21 801 000
Operating Profit	−26 000	−521 000	−716 000	1 067 000
Financial Income	448 000	201 000	742 000	199 000
Financial Costs	70 000	377 000	201 000	328 000
Financial Balance	378 000	−176 000	541 000	−129 000
Dividends	3 000 000	0	0	0
Net Income	275 000	−543 000	−136 000	739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	249 000	213 000	222 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	37 000	68 000
Total Tangible Assets	0	12 000	37 000	68 000
Total Fiancial Fixed Assets	11 637 000	12 359 000	12 498 000	11 863 000
Total Fixed Assets	11 672 000	12 620 000	12 748 000	12 153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 389 000	5 341 000	3 591 000	1 912 000
Total Current Assets	3 705 000	6 464 000	4 754 000	4 142 000
Total Assets	15 378 000	19 084 000	17 502 000	16 295 000
Total Equity	7 087 000	9 618 000	10 161 000	10 180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 738 000	4 118 000	4 422 000
Creditors	7 484 000	4 948 000	1 870 000	98 000
Unpaid Taxes	745 000	716 000	527 000	679 000
Dividends	3 000 000	0	0	0
Other Current Debt	62 000	64 000	826 000	916 000
Total Current Debt	8 291 000	5 728 000	3 222 000	1 693 000
Total Equity and Debt	15 378 000	19 084 000	17 502 000	16 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,88 %	−5,65 %	−1,34 %	7,26 %
Debt-to-Equity Ratio	0	0,39	0,41	0,43
Operating Profit Margin	−0,1 %	−2,55 %	−3,31 %	4,67 %
Current Ratio	0,45	1,13	1,48	2,45
Quick Ratio	0,45	1,13	1,48	2,45
Equity Ratio	0,46	0,5	0,58	0,62
Gross Profit Margin	12,74 %	12,41 %	12,21 %	21,73 %