SOLFORUM AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

18,72 %

Current Ratio

7,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 957 000	2 032 000	1 842 000	1 929 000
Net Income	311 000	491 000	234 000	243 000
Total Assets	1 920 000	2 158 000	2 213 000	946 000
Total Equity	1 661 000	1 430 000	746 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 957 000	2 032 000	1 842 000	1 929 000
Expenditure	1 429 000	1 502 000	1 538 000	1 618 000
Operating Profit	527 000	530 000	304 000	311 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	4 000	1 000
Financial Balance	−8 000	−3 000	−4 000	−1 000
Earnings Before Tax	520 000	527 000	300 000	311 000
Tax	209 000	37 000	66 000	68 000
Net Income	311 000	491 000	234 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 920 000	2 158 000	2 213 000	946 000
Total Assets	1 920 000	2 158 000	2 213 000	946 000
Total Retained Equity	361 000	130 000	−554 000	−788 000
Total Equity	1 661 000	1 430 000	746 000	512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	259 000	728 000	1 468 000	434 000
Total Equity and Debt	1 920 000	2 158 000	2 213 000	946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 805 000	1 928 000	1 648 000	1 823 000
Other Income	151 000	104 000	194 000	106 000
Revenue	1 957 000	2 032 000	1 842 000	1 929 000
Cost of Goods Sold	858 000	1 017 000	996 000	772 000
Salary Costs	50 000	52 000	51 000	51 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 429 000	1 502 000	1 538 000	1 618 000
Operating Profit	527 000	530 000	304 000	311 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	4 000	1 000
Financial Balance	−8 000	−3 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	311 000	491 000	234 000	243 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	553 000	91 000	540 000	520 000
Total Current Assets	1 920 000	2 158 000	2 213 000	946 000
Total Assets	1 920 000	2 158 000	2 213 000	946 000
Total Equity	1 661 000	1 430 000	746 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 306 000	1 286 000	3 000
Unpaid Taxes	133 000	184 000	81 000	114 000
Dividends	0	0	0	0
Other Current Debt	10 000	−733 000	35 000	217 000
Total Current Debt	259 000	728 000	1 468 000	434 000
Total Equity and Debt	1 920 000	2 158 000	2 213 000	946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,72 %	34,34 %	31,37 %	47,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,93 %	26,08 %	16,5 %	16,12 %
Current Ratio	7,41	2,96	1,51	2,18
Quick Ratio	7,41	2,96	1,51	2,18
Equity Ratio	0,87	0,66	0,34	0,54
Gross Profit Margin	56,16 %	49,95 %	45,93 %	59,98 %