SOLANUM AS

3510 HØNEFOSS

Finances

Return on Equity

30,59 %

Current Ratio

17,55

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 183 000	1 517 000	1 241 000	1 339 000
Net Income	543 000	93 000	273 000	282 000
Total Assets	2 615 000	2 311 000	2 418 000	2 495 000
Total Equity	1 775 000	1 232 000	1 139 000	866 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 183 000	1 517 000	1 241 000	1 339 000
Expenditure	1 565 000	1 397 000	894 000	962 000
Operating Profit	−383 000	119 000	348 000	377 000
Financial Income	922 000	0	3 000	1 000
Financial Costs	−3 000	0	1 000	17 000
Financial Balance	925 000	0	2 000	−16 000
Earnings Before Tax	543 000	119 000	350 000	361 000
Tax	0	26 000	77 000	79 000
Net Income	543 000	93 000	273 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	438 000	638 000	638 000	585 000
Total Current Assets	2 176 000	1 673 000	1 780 000	1 911 000
Total Assets	2 615 000	2 311 000	2 418 000	2 495 000
Total Retained Equity	1 475 000	932 000	839 000	566 000
Total Equity	1 775 000	1 232 000	1 139 000	866 000
Total Long-Term Debt	716 000	825 000	1 095 000	815 000
Total Current Debt	124 000	254 000	184 000	814 000
Total Equity and Debt	2 615 000	2 311 000	2 418 000	2 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	703 000	1 130 000	855 000	952 000
Other Income	480 000	387 000	387 000	387 000
Revenue	1 183 000	1 517 000	1 241 000	1 339 000
Cost of Goods Sold	0	0	120 000	235 000
Salary Costs	709 000	720 000	97 000	89 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 565 000	1 397 000	894 000	962 000
Operating Profit	−383 000	119 000	348 000	377 000
Financial Income	922 000	0	3 000	1 000
Financial Costs	−3 000	0	1 000	17 000
Financial Balance	925 000	0	2 000	−16 000
Dividends	0	0	0	0
Net Income	543 000	93 000	273 000	282 000

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	438 000	638 000	638 000	585 000
Total Fixed Assets	438 000	638 000	638 000	585 000
Stock	0	0	0	0
Total Investments	1 750 000	850 000	850 000	0
Cash, Bank	310 000	198 000	143 000	797 000
Total Current Assets	2 176 000	1 673 000	1 780 000	1 911 000
Total Assets	2 615 000	2 311 000	2 418 000	2 495 000
Total Equity	1 775 000	1 232 000	1 139 000	866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	716 000	825 000	1 095 000	815 000
Creditors	9 000	6 000	28 000	286 000
Unpaid Taxes	24 000	123 000	71 000	95 000
Dividends	0	0	0	0
Other Current Debt	91 000	99 000	13 000	351 000
Total Current Debt	124 000	254 000	184 000	814 000
Total Equity and Debt	2 615 000	2 311 000	2 418 000	2 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,59 %	7,55 %	23,97 %	32,56 %
Debt-to-Equity Ratio	0,4	0,67	0,96	0,94
Operating Profit Margin	−32,38 %	7,84 %	28,04 %	28,16 %
Current Ratio	17,55	6,59	9,67	2,35
Quick Ratio	17,55	6,59	9,67	2,35
Equity Ratio	0,68	0,53	0,47	0,35
Gross Profit Margin	100 %	100 %	90,33 %	82,45 %