SOLHEIA HYTTESELSKAP AS

3855 TREUNGEN

Finances

Share Ownership

Return on Equity

12,82 %

Current Ratio

16,69

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 096 000	792 000	98 000	98 000
Net Income	279 000	262 000	−41 000	28 000
Total Assets	2 426 000	2 246 000	1 874 000	1 900 000
Total Equity	2 176 000	1 898 000	1 636 000	1 677 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 096 000	792 000	98 000	98 000
Expenditure	738 000	445 000	137 000	57 000
Operating Profit	358 000	348 000	−40 000	41 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	3 000	13 000	14 000	6 000
Financial Balance	−1 000	−12 000	−13 000	−5 000
Earnings Before Tax	357 000	336 000	−53 000	36 000
Tax	79 000	74 000	−12 000	8 000
Net Income	279 000	262 000	−41 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 174 000	1 191 000	1 209 000	1 123 000
Total Current Assets	1 252 000	1 054 000	666 000	776 000
Total Assets	2 426 000	2 246 000	1 874 000	1 900 000
Total Retained Equity	2 076 000	1 798 000	1 536 000	1 577 000
Total Equity	2 176 000	1 898 000	1 636 000	1 677 000
Total Long-Term Debt	175 000	96 000	153 000	177 000
Total Current Debt	75 000	252 000	85 000	45 000
Total Equity and Debt	2 426 000	2 246 000	1 874 000	1 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 096 000	792 000	98 000	98 000
Other Income	0	0	0	0
Revenue	1 096 000	792 000	98 000	98 000
Cost of Goods Sold	669 000	407 000	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	18 000	13 000	8 000
Impairment	0	0	0	0
Expenditure	738 000	445 000	137 000	57 000
Operating Profit	358 000	348 000	−40 000	41 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	3 000	13 000	14 000	6 000
Financial Balance	−1 000	−12 000	−13 000	−5 000
Dividends	0	0	0	0
Net Income	279 000	262 000	−41 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 070 000	1 070 000	1 070 000	1 070 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	121 000	139 000	53 000
Total Tangible Assets	1 174 000	1 191 000	1 209 000	1 123 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 174 000	1 191 000	1 209 000	1 123 000
Stock	553 000	687 000	654 000	654 000
Total Investments	0	0	0	0
Cash, Bank	699 000	363 000	7 000	7 000
Total Current Assets	1 252 000	1 054 000	666 000	776 000
Total Assets	2 426 000	2 246 000	1 874 000	1 900 000
Total Equity	2 176 000	1 898 000	1 636 000	1 677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	96 000	153 000	177 000
Creditors	23 000	30 000	28 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	221 000	57 000	21 000
Total Current Debt	75 000	252 000	85 000	45 000
Total Equity and Debt	2 426 000	2 246 000	1 874 000	1 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,82 %	13,8 %	−2,51 %	1,67 %
Debt-to-Equity Ratio	0,08	0,05	0,09	0,11
Operating Profit Margin	32,66 %	43,94 %	−40,82 %	41,84 %
Current Ratio	16,69	4,18	7,84	17,24
Quick Ratio	−2,62	−2,42	−1,17	−1,27
Equity Ratio	0,9	0,85	0,87	0,88
Gross Profit Margin	38,96 %	48,61 %	100 %	100 %