SOLID ENTREPRENØR AS

1664 ROLVSØY

Finances

Share Ownership

Return on Equity

13,37 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 115 942 000	758 686 000	740 665 000	858 927 000
Net Income	13 821 000	32 253 000	21 761 000	−32 655 000
Total Assets	395 681 000	393 633 000	318 658 000	271 088 000
Total Equity	103 401 000	111 272 000	80 629 000	61 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 115 942 000	758 686 000	740 665 000	858 927 000
Expenditure	1 114 037 000	718 310 000	713 382 000	906 399 000
Operating Profit	1 907 000	40 376 000	27 284 000	−47 472 000
Financial Income	2 987 000	1 125 000	1 133 000	2 492 000
Financial Costs	469 000	120 000	496 000	621 000
Financial Balance	2 518 000	1 005 000	637 000	1 871 000
Earnings Before Tax	4 425 000	41 381 000	27 921 000	−45 602 000
Tax	−9 396 000	9 128 000	6 160 000	−12 947 000
Net Income	13 821 000	32 253 000	21 761 000	−32 655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 467 000	11 934 000	15 180 000	40 480 000
Total Current Assets	370 214 000	381 699 000	303 478 000	230 608 000
Total Assets	395 681 000	393 633 000	318 658 000	271 088 000
Total Retained Equity	25 938 000	65 943 000	35 300 000	13 539 000
Total Equity	103 401 000	111 272 000	80 629 000	61 906 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	292 281 000	282 361 000	238 029 000	209 182 000
Total Equity and Debt	395 681 000	393 633 000	318 658 000	271 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 692 000	758 191 000	740 530 000	857 113 000
Other Income	250 000	495 000	135 000	1 814 000
Revenue	1 115 942 000	758 686 000	740 665 000	858 927 000
Cost of Goods Sold	778 492 000	436 370 000	470 623 000	548 882 000
Salary Costs	233 538 000	176 150 000	175 285 000	237 469 000
Depreciation	5 035 000	5 570 000	7 115 000	10 120 000
Impairment	1 123 000	0	2 740 000	0
Expenditure	1 114 037 000	718 310 000	713 382 000	906 399 000
Operating Profit	1 907 000	40 376 000	27 284 000	−47 472 000
Financial Income	2 987 000	1 125 000	1 133 000	2 492 000
Financial Costs	469 000	120 000	496 000	621 000
Financial Balance	2 518 000	1 005 000	637 000	1 871 000
Dividends	0	0	0	0
Net Income	13 821 000	32 253 000	21 761 000	−32 655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 367 000	2 218 000	3 006 000	18 042 000
Real Eastate	1 237 000	1 272 000	1 307 000	1 343 000
Machinery and Plant Facilities	4 490 000	3 858 000	6 834 000	14 116 000
Fixtures	11 333 000	4 586 000	4 032 000	6 979 000
Total Tangible Assets	17 060 000	9 716 000	12 174 000	22 438 000
Total Fiancial Fixed Assets	40 000	0	0	0
Total Fixed Assets	25 467 000	11 934 000	15 180 000	40 480 000
Stock	2 854 000	27 627 000	15 604 000	3 214 000
Total Investments	0	0	0	0
Cash, Bank	125 946 000	124 366 000	96 241 000	32 128 000
Total Current Assets	370 214 000	381 699 000	303 478 000	230 608 000
Total Assets	395 681 000	393 633 000	318 658 000	271 088 000
Total Equity	103 401 000	111 272 000	80 629 000	61 906 000
Short-Term Group Debt	0	0	8 898 000	0
Total Long-Term Debt	0	0	0	0
Creditors	73 835 000	64 418 000	43 893 000	51 214 000
Unpaid Taxes	34 235 000	29 318 000	28 319 000	30 289 000
Dividends	0	0	0	0
Other Current Debt	184 211 000	181 117 000	156 918 000	122 584 000
Total Current Debt	292 281 000	282 361 000	238 029 000	209 182 000
Total Equity and Debt	395 681 000	393 633 000	318 658 000	271 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,37 %	28,99 %	26,99 %	−52,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,17 %	5,32 %	3,68 %	−5,53 %
Current Ratio	1,27	1,35	1,27	1,1
Quick Ratio	1,28	1,5	1,36	1,12
Equity Ratio	0,26	0,28	0,25	0,23
Gross Profit Margin	30,24 %	42,48 %	36,46 %	36,1 %