SOLTIN MARINE AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

25,99 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 566 000	25 647 000	31 876 000	18 564 000
Net Income	3 205 000	5 939 000	263 000	2 917 000
Total Assets	21 841 000	13 374 000	29 959 000	22 450 000
Total Equity	12 332 000	9 127 000	3 188 000	2 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 566 000	25 647 000	31 876 000	18 564 000
Expenditure	15 261 000	17 127 000	33 445 000	13 924 000
Operating Profit	5 304 000	8 520 000	−1 570 000	4 641 000
Financial Income	41 000	58 000	529 000	61 000
Financial Costs	1 234 000	957 000	2 005 000	956 000
Financial Balance	−1 193 000	−899 000	−1 476 000	−895 000
Earnings Before Tax	4 112 000	7 620 000	−3 046 000	3 747 000
Tax	907 000	1 681 000	−3 309 000	830 000
Net Income	3 205 000	5 939 000	263 000	2 917 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 762 000	12 710 000	25 245 000	16 607 000
Total Current Assets	11 079 000	664 000	4 714 000	5 843 000
Total Assets	21 841 000	13 374 000	29 959 000	22 450 000
Total Retained Equity	9 819 000	6 614 000	675 000	1 121 000
Total Equity	12 332 000	9 127 000	3 188 000	2 951 000
Total Long-Term Debt	1 036 000	129 000	20 500 000	13 575 000
Total Current Debt	8 473 000	4 118 000	6 271 000	5 924 000
Total Equity and Debt	21 841 000	13 374 000	29 959 000	22 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 566 000	21 581 000	31 876 000	18 564 000
Other Income	0	4 067 000	0	0
Revenue	20 566 000	25 647 000	31 876 000	18 564 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 864 000	7 766 000	11 795 000	6 047 000
Depreciation	1 948 000	1 948 000	2 763 000	1 970 000
Impairment	0	0	0	0
Expenditure	15 261 000	17 127 000	33 445 000	13 924 000
Operating Profit	5 304 000	8 520 000	−1 570 000	4 641 000
Financial Income	41 000	58 000	529 000	61 000
Financial Costs	1 234 000	957 000	2 005 000	956 000
Financial Balance	−1 193 000	−899 000	−1 476 000	−895 000
Dividends	0	0	0	0
Net Income	3 205 000	5 939 000	263 000	2 917 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 552 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 762 000	12 710 000	23 694 000	16 607 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 762 000	12 710 000	25 245 000	16 607 000
Stock	0	0	176 000	0
Total Investments	0	0	0	0
Cash, Bank	82 000	155 000	114 000	816 000
Total Current Assets	11 079 000	664 000	4 714 000	5 843 000
Total Assets	21 841 000	13 374 000	29 959 000	22 450 000
Total Equity	12 332 000	9 127 000	3 188 000	2 951 000
Short-Term Group Debt	0	1 526 000	0	4 407 000
Total Long-Term Debt	1 036 000	129 000	20 500 000	13 575 000
Creditors	7 274 000	1 681 000	5 044 000	662 000
Unpaid Taxes	687 000	666 000	854 000	553 000
Dividends	0	0	0	0
Other Current Debt	141 000	245 000	374 000	303 000
Total Current Debt	8 473 000	4 118 000	6 271 000	5 924 000
Total Equity and Debt	21 841 000	13 374 000	29 959 000	22 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,99 %	65,07 %	8,25 %	98,85 %
Debt-to-Equity Ratio	0,08	0,01	6,43	4,6
Operating Profit Margin	25,79 %	33,22 %	−4,93 %	25 %
Current Ratio	1,31	0,16	0,75	0,99
Quick Ratio	1,31	0,16	0,77	0,99
Equity Ratio	0,56	0,68	0,11	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %