EMIL SOLBAKKEN AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

47,1 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 797 000	9 642 000	8 723 000	7 950 000
Net Income	789 000	834 000	636 000	389 000
Total Assets	5 034 000	4 787 000	4 125 000	3 860 000
Total Equity	1 675 000	1 386 000	753 000	1 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 797 000	9 642 000	8 723 000	7 950 000
Expenditure	10 747 000	8 549 000	7 878 000	7 433 000
Operating Profit	1 051 000	1 093 000	846 000	517 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	40 000	21 000	29 000	29 000
Financial Balance	−39 000	−21 000	−28 000	−26 000
Earnings Before Tax	1 012 000	1 072 000	817 000	491 000
Tax	223 000	238 000	181 000	103 000
Net Income	789 000	834 000	636 000	389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	797 000	444 000	573 000	669 000
Total Current Assets	4 236 000	4 344 000	3 552 000	3 191 000
Total Assets	5 034 000	4 787 000	4 125 000	3 860 000
Total Retained Equity	1 643 000	1 354 000	721 000	1 784 000
Total Equity	1 675 000	1 386 000	753 000	1 816 000
Total Long-Term Debt	341 000	133 000	257 000	406 000
Total Current Debt	3 017 000	3 268 000	3 115 000	1 638 000
Total Equity and Debt	5 034 000	4 787 000	4 125 000	3 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 702 000	9 532 000	8 723 000	7 950 000
Other Income	95 000	110 000	0	0
Revenue	11 797 000	9 642 000	8 723 000	7 950 000
Cost of Goods Sold	5 844 000	4 388 000	3 721 000	3 973 000
Salary Costs	3 188 000	2 690 000	2 656 000	2 416 000
Depreciation	208 000	129 000	126 000	84 000
Impairment	0	0	0	0
Expenditure	10 747 000	8 549 000	7 878 000	7 433 000
Operating Profit	1 051 000	1 093 000	846 000	517 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	40 000	21 000	29 000	29 000
Financial Balance	−39 000	−21 000	−28 000	−26 000
Dividends	500 000	200 000	1 700 000	300 000
Net Income	789 000	834 000	636 000	389 000

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	797 000	444 000	573 000	669 000
Total Tangible Assets	797 000	444 000	573 000	669 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	797 000	444 000	573 000	669 000
Stock	1 637 000	1 538 000	1 425 000	1 119 000
Total Investments	0	0	0	0
Cash, Bank	2 242 000	1 642 000	1 224 000	1 297 000
Total Current Assets	4 236 000	4 344 000	3 552 000	3 191 000
Total Assets	5 034 000	4 787 000	4 125 000	3 860 000
Total Equity	1 675 000	1 386 000	753 000	1 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	341 000	133 000	257 000	406 000
Creditors	1 264 000	685 000	270 000	252 000
Unpaid Taxes	675 000	646 000	486 000	521 000
Dividends	500 000	200 000	1 700 000	300 000
Other Current Debt	887 000	1 695 000	483 000	476 000
Total Current Debt	3 017 000	3 268 000	3 115 000	1 638 000
Total Equity and Debt	5 034 000	4 787 000	4 125 000	3 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,1 %	60,17 %	84,46 %	21,42 %
Debt-to-Equity Ratio	0,2	0,1	0,34	0,22
Operating Profit Margin	8,91 %	11,34 %	9,7 %	6,5 %
Current Ratio	1,4	1,33	1,14	1,95
Quick Ratio	3,07	2,51	2,1	6,15
Equity Ratio	0,33	0,29	0,18	0,47
Gross Profit Margin	50,46 %	54,49 %	57,34 %	50,03 %