SOLID UTVIKLING AS

0191 OSLO

Finances

Return on Equity

29,51 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 947 000	11 602 000	9 902 000	10 985 000
Net Income	275 000	717 000	144 000	347 000
Total Assets	4 280 000	3 784 000	4 518 000	3 278 000
Total Equity	932 000	843 000	925 000	782 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 947 000	11 602 000	9 902 000	10 985 000
Expenditure	12 602 000	10 682 000	9 715 000	10 529 000
Operating Profit	345 000	920 000	187 000	455 000
Financial Income	13 000	5 000	9 000	2 000
Financial Costs	5 000	5 000	11 000	11 000
Financial Balance	8 000	0	−2 000	−9 000
Earnings Before Tax	353 000	920 000	185 000	446 000
Tax	78 000	203 000	41 000	99 000
Net Income	275 000	717 000	144 000	347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	4 000	45 000
Total Current Assets	4 280 000	3 781 000	4 515 000	3 234 000
Total Assets	4 280 000	3 784 000	4 518 000	3 278 000
Total Retained Equity	732 000	642 000	725 000	581 000
Total Equity	932 000	843 000	925 000	782 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 349 000	2 942 000	3 593 000	2 497 000
Total Equity and Debt	4 280 000	3 784 000	4 518 000	3 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 349 000	10 971 000	9 525 000	10 985 000
Other Income	598 000	632 000	377 000	0
Revenue	12 947 000	11 602 000	9 902 000	10 985 000
Cost of Goods Sold	3 446 000	1 651 000	613 000	350 000
Salary Costs	7 606 000	7 342 000	7 628 000	8 299 000
Depreciation	0	0	0	137 000
Impairment	0	0	0	0
Expenditure	12 602 000	10 682 000	9 715 000	10 529 000
Operating Profit	345 000	920 000	187 000	455 000
Financial Income	13 000	5 000	9 000	2 000
Financial Costs	5 000	5 000	11 000	11 000
Financial Balance	8 000	0	−2 000	−9 000
Dividends	0	0	0	0
Net Income	275 000	717 000	144 000	347 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	4 000	45 000
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	3 000	4 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 910 000	2 219 000	2 143 000	2 418 000
Total Current Assets	4 280 000	3 781 000	4 515 000	3 234 000
Total Assets	4 280 000	3 784 000	4 518 000	3 278 000
Total Equity	932 000	843 000	925 000	782 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	643 000	186 000	282 000	75 000
Unpaid Taxes	2 237 000	1 845 000	829 000	994 000
Dividends	0	0	0	0
Other Current Debt	394 000	709 000	2 482 000	1 428 000
Total Current Debt	3 349 000	2 942 000	3 593 000	2 497 000
Total Equity and Debt	4 280 000	3 784 000	4 518 000	3 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,51 %	85,05 %	15,57 %	44,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,66 %	7,93 %	1,89 %	4,14 %
Current Ratio	1,28	1,29	1,26	1,3
Quick Ratio	1,28	1,29	1,26	1,3
Equity Ratio	0,22	0,22	0,2	0,24
Gross Profit Margin	73,38 %	85,77 %	93,81 %	96,81 %