SYKKELCENTERET SOLA AS

4050 SOLA

Finances

Return on Equity

183,86 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 243 000	19 594 000	16 516 000	11 544 000
Net Income	3 122 000	1 749 000	1 419 000	698 000
Total Assets	12 519 000	8 099 000	6 168 000	5 310 000
Total Equity	1 698 000	1 501 000	1 312 000	1 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 243 000	19 594 000	16 516 000	11 544 000
Expenditure	21 045 000	17 266 000	14 622 000	10 483 000
Operating Profit	4 198 000	2 328 000	1 894 000	1 061 000
Financial Income	0	0	2 000	1 000
Financial Costs	195 000	86 000	76 000	167 000
Financial Balance	−195 000	−86 000	−74 000	−166 000
Earnings Before Tax	4 003 000	2 242 000	1 819 000	895 000
Tax	881 000	493 000	400 000	197 000
Net Income	3 122 000	1 749 000	1 419 000	698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	89 000	7 000	1 639 000
Total Current Assets	12 450 000	8 010 000	6 162 000	3 671 000
Total Assets	12 519 000	8 099 000	6 168 000	5 310 000
Total Retained Equity	1 559 000	1 362 000	1 173 000	1 158 000
Total Equity	1 698 000	1 501 000	1 312 000	1 297 000
Total Long-Term Debt	483 000	683 000	883 000	0
Total Current Debt	10 337 000	5 915 000	3 973 000	4 013 000
Total Equity and Debt	12 519 000	8 099 000	6 168 000	5 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 243 000	19 594 000	16 516 000	11 544 000
Other Income	0	0	0	0
Revenue	25 243 000	19 594 000	16 516 000	11 544 000
Cost of Goods Sold	14 482 000	10 696 000	9 212 000	6 508 000
Salary Costs	3 928 000	4 051 000	3 344 000	2 154 000
Depreciation	19 000	10 000	0	22 000
Impairment	0	0	0	0
Expenditure	21 045 000	17 266 000	14 622 000	10 483 000
Operating Profit	4 198 000	2 328 000	1 894 000	1 061 000
Financial Income	0	0	2 000	1 000
Financial Costs	195 000	86 000	76 000	167 000
Financial Balance	−195 000	−86 000	−74 000	−166 000
Dividends	0	0	0	0
Net Income	3 122 000	1 749 000	1 419 000	698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	7 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	87 000	0	0
Total Tangible Assets	68 000	87 000	0	0
Total Fiancial Fixed Assets	0	0	0	1 628 000
Total Fixed Assets	69 000	89 000	7 000	1 639 000
Stock	9 012 000	5 780 000	4 623 000	3 224 000
Total Investments	0	0	0	0
Cash, Bank	440 000	141 000	219 000	80 000
Total Current Assets	12 450 000	8 010 000	6 162 000	3 671 000
Total Assets	12 519 000	8 099 000	6 168 000	5 310 000
Total Equity	1 698 000	1 501 000	1 312 000	1 297 000
Short-Term Group Debt	3 790 000	2 000 000	1 800 000	904 000
Total Long-Term Debt	483 000	683 000	883 000	0
Creditors	1 775 000	357 000	775 000	734 000
Unpaid Taxes	703 000	539 000	669 000	369 000
Dividends	0	0	0	0
Other Current Debt	352 000	414 000	463 000	192 000
Total Current Debt	10 337 000	5 915 000	3 973 000	4 013 000
Total Equity and Debt	12 519 000	8 099 000	6 168 000	5 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,86 %	116,52 %	108,16 %	53,82 %
Debt-to-Equity Ratio	0,28	0,46	0,67	0
Operating Profit Margin	16,63 %	11,88 %	11,47 %	9,19 %
Current Ratio	1,2	1,35	1,55	0,91
Quick Ratio	9,4	59,33	−9,48	4,65
Equity Ratio	0,14	0,19	0,21	0,24
Gross Profit Margin	42,63 %	45,41 %	44,22 %	43,62 %