SOLUDYNE AS

4021 STAVANGER

Finances

Return on Equity

1,94 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 753 000	7 966 000	7 691 000	9 141 000
Net Income	331 000	57 000	3 000	271 000
Total Assets	24 035 000	24 058 000	24 547 000	24 376 000
Total Equity	17 099 000	18 768 000	18 712 000	18 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 753 000	7 966 000	7 691 000	9 141 000
Expenditure	7 201 000	7 385 000	7 343 000	8 674 000
Operating Profit	552 000	582 000	349 000	466 000
Financial Income	32 000	25 000	1 000	57 000
Financial Costs	254 000	550 000	347 000	252 000
Financial Balance	−222 000	−525 000	−346 000	−195 000
Earnings Before Tax	331 000	57 000	3 000	271 000
Tax	0	0	0	0
Net Income	331 000	57 000	3 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 878 000	15 168 000	15 241 000	14 933 000
Total Current Assets	9 157 000	8 890 000	9 306 000	9 443 000
Total Assets	24 035 000	24 058 000	24 547 000	24 376 000
Total Retained Equity	16 654 000	18 323 000	18 267 000	18 264 000
Total Equity	17 099 000	18 768 000	18 712 000	18 709 000
Total Long-Term Debt	2 153 000	2 571 000	2 977 000	3 169 000
Total Current Debt	4 783 000	2 718 000	2 858 000	2 498 000
Total Equity and Debt	24 035 000	24 058 000	24 547 000	24 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 726 000	7 966 000	7 691 000	9 141 000
Other Income	27 000	0	0	0
Revenue	7 753 000	7 966 000	7 691 000	9 141 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 523 000	3 214 000	3 533 000	4 123 000
Depreciation	1 622 000	1 662 000	1 519 000	1 514 000
Impairment	0	0	0	0
Expenditure	7 201 000	7 385 000	7 343 000	8 674 000
Operating Profit	552 000	582 000	349 000	466 000
Financial Income	32 000	25 000	1 000	57 000
Financial Costs	254 000	550 000	347 000	252 000
Financial Balance	−222 000	−525 000	−346 000	−195 000
Dividends	2 000 000	0	0	0
Net Income	331 000	57 000	3 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 822 000	9 117 000	9 172 000	9 094 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	119 000	215 000	318 000
Total Tangible Assets	14 000	119 000	215 000	318 000
Total Fiancial Fixed Assets	6 042 000	5 931 000	5 854 000	5 521 000
Total Fixed Assets	14 878 000	15 168 000	15 241 000	14 933 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	128 000	227 000	208 000
Total Current Assets	9 157 000	8 890 000	9 306 000	9 443 000
Total Assets	24 035 000	24 058 000	24 547 000	24 376 000
Total Equity	17 099 000	18 768 000	18 712 000	18 709 000
Short-Term Group Debt	53 000	129 000	418 000	563 000
Total Long-Term Debt	2 153 000	2 571 000	2 977 000	3 169 000
Creditors	1 302 000	775 000	765 000	39 000
Unpaid Taxes	984 000	1 030 000	1 135 000	791 000
Dividends	2 000 000	0	0	0
Other Current Debt	443 000	785 000	540 000	1 105 000
Total Current Debt	4 783 000	2 718 000	2 858 000	2 498 000
Total Equity and Debt	24 035 000	24 058 000	24 547 000	24 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,94 %	0,3 %	0,02 %	1,45 %
Debt-to-Equity Ratio	0,13	0,14	0,16	0,17
Operating Profit Margin	7,12 %	7,31 %	4,54 %	5,1 %
Current Ratio	1,91	3,27	3,26	3,78
Quick Ratio	1,91	3,27	3,26	3,78
Equity Ratio	0,71	0,78	0,76	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %