SOLBERG SNØ OG GRØNT AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

19,82 %

Current Ratio

1,34

Debt-to-Equity Ratio

2,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 797 000	3 102 000	2 430 000	2 801 000
Net Income	110 000	208 000	−153 000	−122 000
Total Assets	2 353 000	1 980 000	1 631 000	1 652 000
Total Equity	555 000	445 000	236 000	389 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 797 000	3 102 000	2 430 000	2 801 000
Expenditure	2 605 000	2 796 000	2 601 000	2 915 000
Operating Profit	193 000	315 000	−159 000	−113 000
Financial Income	5 000	5 000	5 000	7 000
Financial Costs	57 000	53 000	42 000	50 000
Financial Balance	−52 000	−48 000	−37 000	−43 000
Earnings Before Tax	142 000	267 000	−196 000	−156 000
Tax	31 000	59 000	−43 000	−33 000
Net Income	110 000	208 000	−153 000	−122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 991 000	1 378 000	1 357 000	1 443 000
Total Current Assets	362 000	601 000	274 000	210 000
Total Assets	2 353 000	1 980 000	1 631 000	1 652 000
Total Retained Equity	455 000	345 000	136 000	289 000
Total Equity	555 000	445 000	236 000	389 000
Total Long-Term Debt	1 527 000	1 194 000	977 000	967 000
Total Current Debt	271 000	342 000	418 000	296 000
Total Equity and Debt	2 353 000	1 980 000	1 631 000	1 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 325 000	2 984 000	2 070 000	2 798 000
Other Income	472 000	119 000	360 000	4 000
Revenue	2 797 000	3 102 000	2 430 000	2 801 000
Cost of Goods Sold	855 000	923 000	947 000	1 124 000
Salary Costs	673 000	635 000	574 000	588 000
Depreciation	314 000	440 000	396 000	410 000
Impairment	0	0	0	0
Expenditure	2 605 000	2 796 000	2 601 000	2 915 000
Operating Profit	193 000	315 000	−159 000	−113 000
Financial Income	5 000	5 000	5 000	7 000
Financial Costs	57 000	53 000	42 000	50 000
Financial Balance	−52 000	−48 000	−37 000	−43 000
Dividends	0	0	0	0
Net Income	110 000	208 000	−153 000	−122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 903 000	1 378 000	1 357 000	1 443 000
Total Tangible Assets	1 922 000	1 378 000	1 357 000	1 443 000
Total Fiancial Fixed Assets	69 000	0	0	0
Total Fixed Assets	1 991 000	1 378 000	1 357 000	1 443 000
Stock	71 000	49 000	12 000	0
Total Investments	0	0	0	0
Cash, Bank	19 000	20 000	3 000	29 000
Total Current Assets	362 000	601 000	274 000	210 000
Total Assets	2 353 000	1 980 000	1 631 000	1 652 000
Total Equity	555 000	445 000	236 000	389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 527 000	1 194 000	977 000	967 000
Creditors	176 000	149 000	259 000	176 000
Unpaid Taxes	36 000	62 000	31 000	66 000
Dividends	0	0	0	0
Other Current Debt	58 000	130 000	127 000	53 000
Total Current Debt	271 000	342 000	418 000	296 000
Total Equity and Debt	2 353 000	1 980 000	1 631 000	1 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,82 %	46,74 %	−64,83 %	−31,36 %
Debt-to-Equity Ratio	2,75	2,68	4,14	2,49
Operating Profit Margin	6,9 %	10,15 %	−6,54 %	−4,03 %
Current Ratio	1,34	1,76	0,66	0,71
Quick Ratio	1,81	2,05	0,67	0,71
Equity Ratio	0,24	0,22	0,14	0,24
Gross Profit Margin	69,43 %	70,25 %	61,03 %	59,87 %