SOLABAKEREN AS

4052 RØYNEBERG

Finances

Share Ownership

Return on Equity

16,55 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 171 000	5 767 000	5 645 000	4 909 000
Net Income	182 000	451 000	−76 000	53 000
Total Assets	1 963 000	2 168 000	1 781 000	1 602 000
Total Equity	1 100 000	918 000	768 000	843 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 171 000	5 767 000	5 645 000	4 909 000
Expenditure	4 931 000	5 184 000	5 735 000	4 834 000
Operating Profit	240 000	583 000	−90 000	75 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	6 000	7 000
Financial Balance	−5 000	−5 000	−6 000	−7 000
Earnings Before Tax	235 000	578 000	−97 000	68 000
Tax	53 000	128 000	−21 000	15 000
Net Income	182 000	451 000	−76 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	128 000	312 000	347 000
Total Current Assets	1 883 000	2 040 000	1 468 000	1 254 000
Total Assets	1 963 000	2 168 000	1 781 000	1 602 000
Total Retained Equity	1 070 000	888 000	738 000	813 000
Total Equity	1 100 000	918 000	768 000	843 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	863 000	1 250 000	1 013 000	759 000
Total Equity and Debt	1 963 000	2 168 000	1 781 000	1 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 171 000	5 767 000	5 639 000	4 909 000
Other Income	0	0	6 000	0
Revenue	5 171 000	5 767 000	5 645 000	4 909 000
Cost of Goods Sold	1 999 000	2 103 000	2 224 000	2 169 000
Salary Costs	1 955 000	2 266 000	2 675 000	1 969 000
Depreciation	42 000	46 000	56 000	72 000
Impairment	0	0	0	0
Expenditure	4 931 000	5 184 000	5 735 000	4 834 000
Operating Profit	240 000	583 000	−90 000	75 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	6 000	7 000
Financial Balance	−5 000	−5 000	−6 000	−7 000
Dividends	0	300 000	0	0
Net Income	182 000	451 000	−76 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	19 000	64 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	58 000	92 000	126 000	160 000
Fixtures	2 000	10 000	22 000	44 000
Total Tangible Assets	60 000	102 000	148 000	205 000
Total Fiancial Fixed Assets	0	7 000	100 000	100 000
Total Fixed Assets	80 000	128 000	312 000	347 000
Stock	384 000	273 000	254 000	298 000
Total Investments	0	0	0	0
Cash, Bank	523 000	672 000	204 000	61 000
Total Current Assets	1 883 000	2 040 000	1 468 000	1 254 000
Total Assets	1 963 000	2 168 000	1 781 000	1 602 000
Total Equity	1 100 000	918 000	768 000	843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	390 000	384 000	246 000	102 000
Unpaid Taxes	162 000	145 000	352 000	160 000
Dividends	0	300 000	0	0
Other Current Debt	257 000	338 000	326 000	304 000
Total Current Debt	863 000	1 250 000	1 013 000	759 000
Total Equity and Debt	1 963 000	2 168 000	1 781 000	1 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,55 %	49,13 %	−9,9 %	6,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,64 %	10,11 %	−1,59 %	1,53 %
Current Ratio	2,18	1,63	1,45	1,65
Quick Ratio	3,93	2,09	1,93	2,72
Equity Ratio	0,56	0,42	0,43	0,53
Gross Profit Margin	61,34 %	63,53 %	60,6 %	55,82 %