SOLHØI MEKANISKE AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

9,44 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 198 000	2 724 000	2 146 000	4 492 000
Net Income	92 000	−537 000	375 000	−1 131 000
Total Assets	3 036 000	2 987 000	2 895 000	5 732 000
Total Equity	975 000	883 000	1 420 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 198 000	2 724 000	2 146 000	4 492 000
Expenditure	5 116 000	3 247 000	1 781 000	5 717 000
Operating Profit	83 000	−523 000	365 000	−1 225 000
Financial Income	53 000	58 000	199 000	28 000
Financial Costs	45 000	73 000	190 000	80 000
Financial Balance	8 000	−15 000	9 000	−52 000
Earnings Before Tax	92 000	−537 000	375 000	−1 277 000
Tax	0	0	0	−146 000
Net Income	92 000	−537 000	375 000	−1 131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 036 000	2 987 000	2 895 000	5 732 000
Total Assets	3 036 000	2 987 000	2 895 000	5 732 000
Total Retained Equity	−25 000	−117 000	420 000	0
Total Equity	975 000	883 000	1 420 000	1 000 000
Total Long-Term Debt	291 000	291 000	0	95 000
Total Current Debt	1 770 000	1 813 000	1 475 000	4 637 000
Total Equity and Debt	3 036 000	2 987 000	2 895 000	5 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 198 000	2 674 000	2 117 000	4 492 000
Other Income	0	50 000	30 000	0
Revenue	5 198 000	2 724 000	2 146 000	4 492 000
Cost of Goods Sold	4 141 000	2 236 000	1 835 000	4 275 000
Salary Costs	720 000	780 000	−300 000	820 000
Depreciation	0	0	0	21 000
Impairment	0	0	0	162 000
Expenditure	5 116 000	3 247 000	1 781 000	5 717 000
Operating Profit	83 000	−523 000	365 000	−1 225 000
Financial Income	53 000	58 000	199 000	28 000
Financial Costs	45 000	73 000	190 000	80 000
Financial Balance	8 000	−15 000	9 000	−52 000
Dividends	0	0	0	0
Net Income	92 000	−537 000	375 000	−1 131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	939 000	373 000	841 000	772 000
Total Investments	0	0	0	0
Cash, Bank	62 000	73 000	139 000	142 000
Total Current Assets	3 036 000	2 987 000	2 895 000	5 732 000
Total Assets	3 036 000	2 987 000	2 895 000	5 732 000
Total Equity	975 000	883 000	1 420 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	291 000	291 000	0	95 000
Creditors	118 000	97 000	66 000	90 000
Unpaid Taxes	327 000	234 000	107 000	143 000
Dividends	0	0	0	0
Other Current Debt	1 325 000	1 482 000	1 302 000	4 403 000
Total Current Debt	1 770 000	1 813 000	1 475 000	4 637 000
Total Equity and Debt	3 036 000	2 987 000	2 895 000	5 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,44 %	−60,82 %	26,41 %	−113,1 %
Debt-to-Equity Ratio	0,3	0,33	0	0,1
Operating Profit Margin	1,6 %	−19,2 %	17,01 %	−27,27 %
Current Ratio	1,72	1,65	1,96	1,24
Quick Ratio	3,65	2,07	4,57	1,48
Equity Ratio	0,32	0,3	0,49	0,17
Gross Profit Margin	20,33 %	17,91 %	14,49 %	4,83 %