HD SOLSKJERMING AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

90,01 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	962 893 000	1 103 238 000	904 741 000	770 657 000
Net Income	223 658 000	275 061 000	206 680 000	143 554 000
Total Assets	438 205 000	751 865 000	521 368 000	311 353 000
Total Equity	248 488 000	324 833 000	314 528 000	107 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	962 893 000	1 103 238 000	904 741 000	770 657 000
Expenditure	688 041 000	754 054 000	642 182 000	593 999 000
Operating Profit	274 853 000	349 185 000	262 560 000	176 658 000
Financial Income	10 757 000	3 374 000	2 664 000	6 760 000
Financial Costs	336 000	721 000	606 000	891 000
Financial Balance	10 421 000	2 653 000	2 058 000	5 869 000
Earnings Before Tax	285 274 000	351 837 000	264 618 000	182 972 000
Tax	61 616 000	76 776 000	57 937 000	39 418 000
Net Income	223 658 000	275 061 000	206 680 000	143 554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 583 000	17 857 000	17 990 000	15 115 000
Total Current Assets	421 622 000	734 009 000	503 379 000	296 238 000
Total Assets	438 205 000	751 865 000	521 368 000	311 353 000
Total Retained Equity	244 035 000	320 377 000	310 072 000	103 392 000
Total Equity	248 488 000	324 833 000	314 528 000	107 848 000
Total Long-Term Debt	0	0	4 856 000	3 187 000
Total Current Debt	189 716 000	427 032 000	201 984 000	200 318 000
Total Equity and Debt	438 205 000	751 865 000	521 368 000	311 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	959 114 000	1 099 290 000	903 679 000	769 239 000
Other Income	3 779 000	3 948 000	1 062 000	1 418 000
Revenue	962 893 000	1 103 238 000	904 741 000	770 657 000
Cost of Goods Sold	265 486 000	280 243 000	234 030 000	217 614 000
Salary Costs	264 813 000	285 485 000	242 958 000	213 350 000
Depreciation	8 876 000	5 211 000	4 248 000	3 336 000
Impairment	0	0	0	0
Expenditure	688 041 000	754 054 000	642 182 000	593 999 000
Operating Profit	274 853 000	349 185 000	262 560 000	176 658 000
Financial Income	10 757 000	3 374 000	2 664 000	6 760 000
Financial Costs	336 000	721 000	606 000	891 000
Financial Balance	10 421 000	2 653 000	2 058 000	5 869 000
Dividends	0	171 487 000	0	61 890 000
Net Income	223 658 000	275 061 000	206 680 000	143 554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	17 000	172 000	328 000
Total Intangible Assets	3 522 000	2 316 000	3 613 000	4 199 000
Real Eastate	2 331 000	3 396 000	4 430 000	2 450 000
Machinery and Plant Facilities	8 809 000	10 462 000	8 288 000	7 078 000
Fixtures	1 030 000	1 579 000	1 555 000	1 283 000
Total Tangible Assets	12 170 000	15 437 000	14 273 000	10 811 000
Total Fiancial Fixed Assets	891 000	104 000	104 000	104 000
Total Fixed Assets	16 583 000	17 857 000	17 990 000	15 115 000
Stock	125 964 000	89 433 000	74 463 000	70 034 000
Total Investments	0	0	0	0
Cash, Bank	22 384 000	14 923 000	14 711 000	11 269 000
Total Current Assets	421 622 000	734 009 000	503 379 000	296 238 000
Total Assets	438 205 000	751 865 000	521 368 000	311 353 000
Total Equity	248 488 000	324 833 000	314 528 000	107 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 856 000	3 187 000
Creditors	9 951 000	11 812 000	13 352 000	8 770 000
Unpaid Taxes	48 952 000	73 944 000	60 620 000	39 623 000
Dividends	0	171 487 000	0	61 890 000
Other Current Debt	66 820 000	263 794 000	68 028 000	46 073 000
Total Current Debt	189 716 000	427 032 000	201 984 000	200 318 000
Total Equity and Debt	438 205 000	751 865 000	521 368 000	311 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,01 %	84,68 %	65,71 %	133,11 %
Debt-to-Equity Ratio	0	0	0,02	0,03
Operating Profit Margin	28,54 %	31,65 %	29,02 %	22,92 %
Current Ratio	2,22	1,72	2,49	1,48
Quick Ratio	6,61	2,17	3,95	2,27
Equity Ratio	0,57	0,43	0,6	0,35
Gross Profit Margin	72,43 %	74,6 %	74,13 %	71,76 %