SOLØR BIOENERGI VARME AS

2383 BRUMUNDDAL

Finances

Return on Equity

−14,83 %

Current Ratio

2,23

Debt-to-Equity Ratio

34,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 987 000	102 331 000	76 597 000	77 857 000
Net Income	−7 102 000	56 102 000	593 000	7 700 000
Total Assets	1 740 071 000	356 861 000	151 775 000	110 788 000
Total Equity	47 879 000	54 981 000	41 603 000	37 743 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 987 000	102 331 000	76 597 000	77 857 000
Expenditure	86 542 000	87 578 000	72 872 000	66 958 000
Operating Profit	21 446 000	14 753 000	3 725 000	10 898 000
Financial Income	24 970 000	73 104 000	7 761 000	2 343 000
Financial Costs	55 519 000	29 551 000	11 638 000	3 368 000
Financial Balance	−30 549 000	43 553 000	−3 877 000	−1 025 000
Earnings Before Tax	−9 102 000	58 306 000	−151 000	9 872 000
Tax	−2 000 000	2 204 000	−744 000	2 172 000
Net Income	−7 102 000	56 102 000	593 000	7 700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 694 469 000	318 376 000	125 481 000	69 700 000
Total Current Assets	45 602 000	38 485 000	26 294 000	41 088 000
Total Assets	1 740 071 000	356 861 000	151 775 000	110 788 000
Total Retained Equity	28 229 000	35 331 000	21 953 000	20 593 000
Total Equity	47 879 000	54 981 000	41 603 000	37 743 000
Total Long-Term Debt	1 671 712 000	5 131 000	5 148 000	6 046 000
Total Current Debt	20 480 000	296 749 000	105 024 000	66 999 000
Total Equity and Debt	1 740 071 000	356 861 000	151 775 000	110 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 555 000	102 310 000	76 438 000	78 626 000
Other Income	1 432 000	21 000	159 000	−769 000
Revenue	107 987 000	102 331 000	76 597 000	77 857 000
Cost of Goods Sold	49 453 000	51 747 000	37 586 000	36 978 000
Salary Costs	6 591 000	6 087 000	6 324 000	6 094 000
Depreciation	6 149 000	6 751 000	7 301 000	6 388 000
Impairment	0	0	0	0
Expenditure	86 542 000	87 578 000	72 872 000	66 958 000
Operating Profit	21 446 000	14 753 000	3 725 000	10 898 000
Financial Income	24 970 000	73 104 000	7 761 000	2 343 000
Financial Costs	55 519 000	29 551 000	11 638 000	3 368 000
Financial Balance	−30 549 000	43 553 000	−3 877 000	−1 025 000
Dividends	0	0	0	0
Net Income	−7 102 000	56 102 000	593 000	7 700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 548 000	3 021 000	3 355 000	3 936 000
Machinery and Plant Facilities	56 227 000	60 907 000	62 735 000	64 279 000
Fixtures	0	0	0	0
Total Tangible Assets	58 775 000	63 928 000	66 090 000	68 214 000
Total Fiancial Fixed Assets	1 635 695 000	254 449 000	59 392 000	1 486 000
Total Fixed Assets	1 694 469 000	318 376 000	125 481 000	69 700 000
Stock	5 551 000	3 525 000	4 818 000	4 003 000
Total Investments	0	0	0	0
Cash, Bank	4 949 000	5 014 000	1 485 000	3 626 000
Total Current Assets	45 602 000	38 485 000	26 294 000	41 088 000
Total Assets	1 740 071 000	356 861 000	151 775 000	110 788 000
Total Equity	47 879 000	54 981 000	41 603 000	37 743 000
Short-Term Group Debt	0	277 864 000	79 533 000	54 343 000
Total Long-Term Debt	1 671 712 000	5 131 000	5 148 000	6 046 000
Creditors	11 655 000	10 163 000	13 075 000	3 692 000
Unpaid Taxes	4 994 000	4 907 000	7 916 000	3 834 000
Dividends	0	0	0	0
Other Current Debt	3 831 000	3 814 000	4 500 000	5 130 000
Total Current Debt	20 480 000	296 749 000	105 024 000	66 999 000
Total Equity and Debt	1 740 071 000	356 861 000	151 775 000	110 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,83 %	102,04 %	1,43 %	20,4 %
Debt-to-Equity Ratio	34,92	0,09	0,12	0,16
Operating Profit Margin	19,86 %	14,42 %	4,86 %	14 %
Current Ratio	2,23	0,13	0,25	0,61
Quick Ratio	3,05	0,13	0,26	0,65
Equity Ratio	0,03	0,15	0,27	0,34
Gross Profit Margin	54,2 %	49,43 %	50,93 %	52,51 %