SOLFJELD AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

41,09 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 968 000	9 627 000	9 202 000	11 294 000
Net Income	782 000	196 000	−481 000	−2 141 000
Total Assets	4 435 000	3 035 000	2 325 000	2 456 000
Total Equity	1 903 000	1 621 000	858 000	796 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 968 000	9 627 000	9 202 000	11 294 000
Expenditure	12 172 000	9 430 000	9 681 000	13 428 000
Operating Profit	797 000	196 000	−479 000	−2 134 000
Financial Income	20 000	0	0	0
Financial Costs	35 000	0	2 000	7 000
Financial Balance	−15 000	0	−2 000	−7 000
Earnings Before Tax	782 000	196 000	−481 000	−2 141 000
Tax	0	0	0	0
Net Income	782 000	196 000	−481 000	−2 141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	210 000	130 000	123 000
Total Current Assets	3 900 000	2 825 000	2 195 000	2 333 000
Total Assets	4 435 000	3 035 000	2 325 000	2 456 000
Total Retained Equity	903 000	121 000	−642 000	−704 000
Total Equity	1 903 000	1 621 000	858 000	796 000
Total Long-Term Debt	994 000	0	363 000	0
Total Current Debt	1 538 000	1 414 000	1 104 000	1 660 000
Total Equity and Debt	4 435 000	3 035 000	2 325 000	2 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 769 000	9 468 000	9 148 000	11 294 000
Other Income	200 000	159 000	54 000	0
Revenue	12 968 000	9 627 000	9 202 000	11 294 000
Cost of Goods Sold	6 390 000	4 479 000	4 464 000	5 713 000
Salary Costs	3 893 000	3 025 000	3 417 000	5 733 000
Depreciation	179 000	50 000	52 000	39 000
Impairment	0	0	0	0
Expenditure	12 172 000	9 430 000	9 681 000	13 428 000
Operating Profit	797 000	196 000	−479 000	−2 134 000
Financial Income	20 000	0	0	0
Financial Costs	35 000	0	2 000	7 000
Financial Balance	−15 000	0	−2 000	−7 000
Dividends	0	0	0	0
Net Income	782 000	196 000	−481 000	−2 141 000

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	529 000	205 000	125 000	118 000
Total Tangible Assets	529 000	205 000	125 000	118 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	534 000	210 000	130 000	123 000
Stock	918 000	935 000	835 000	1 251 000
Total Investments	0	0	0	0
Cash, Bank	968 000	933 000	284 000	190 000
Total Current Assets	3 900 000	2 825 000	2 195 000	2 333 000
Total Assets	4 435 000	3 035 000	2 325 000	2 456 000
Total Equity	1 903 000	1 621 000	858 000	796 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	994 000	0	363 000	0
Creditors	577 000	598 000	302 000	595 000
Unpaid Taxes	497 000	413 000	440 000	488 000
Dividends	0	0	0	0
Other Current Debt	464 000	403 000	362 000	577 000
Total Current Debt	1 538 000	1 414 000	1 104 000	1 660 000
Total Equity and Debt	4 435 000	3 035 000	2 325 000	2 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,09 %	12,09 %	−56,06 %	−268,97 %
Debt-to-Equity Ratio	0,52	0	0,42	0
Operating Profit Margin	6,15 %	2,04 %	−5,21 %	−18,89 %
Current Ratio	2,54	2	1,99	1,41
Quick Ratio	6,29	5,9	8,16	5,7
Equity Ratio	0,43	0,53	0,37	0,32
Gross Profit Margin	50,72 %	53,47 %	51,49 %	49,42 %