MODULE SOLUTIONS & SYSTEMS AS

4050 SOLA

Finances

Return on Equity

71,5 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 738 000	14 894 000	19 015 000	20 515 000
Net Income	3 474 000	−758 000	−904 000	−1 280 000
Total Assets	19 002 000	8 974 000	13 819 000	14 872 000
Total Equity	4 859 000	1 385 000	1 143 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 738 000	14 894 000	19 015 000	20 515 000
Expenditure	37 240 000	16 032 000	18 118 000	20 285 000
Operating Profit	5 499 000	−1 138 000	898 000	230 000
Financial Income	464 000	336 000	1 000	0
Financial Costs	1 586 000	248 000	1 823 000	1 643 000
Financial Balance	−1 122 000	88 000	−1 822 000	−1 643 000
Earnings Before Tax	4 377 000	−1 051 000	−924 000	−1 413 000
Tax	903 000	−293 000	−21 000	−133 000
Net Income	3 474 000	−758 000	−904 000	−1 280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 521 000	3 964 000	4 171 000	5 147 000
Total Current Assets	16 481 000	5 010 000	9 648 000	9 725 000
Total Assets	19 002 000	8 974 000	13 819 000	14 872 000
Total Retained Equity	3 474 000	0	0	−1 954 000
Total Equity	4 859 000	1 385 000	1 143 000	146 000
Total Long-Term Debt	3 447 000	3 251 000	5 004 000	1 955 000
Total Current Debt	10 696 000	4 337 000	7 672 000	12 771 000
Total Equity and Debt	19 002 000	8 974 000	13 819 000	14 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 007 000	12 726 000	18 684 000	19 321 000
Other Income	5 731 000	2 168 000	331 000	1 193 000
Revenue	42 738 000	14 894 000	19 015 000	20 515 000
Cost of Goods Sold	30 695 000	10 028 000	13 329 000	14 413 000
Salary Costs	3 944 000	3 355 000	3 296 000	2 359 000
Depreciation	91 000	468 000	−897 000	708 000
Impairment	0	0	0	0
Expenditure	37 240 000	16 032 000	18 118 000	20 285 000
Operating Profit	5 499 000	−1 138 000	898 000	230 000
Financial Income	464 000	336 000	1 000	0
Financial Costs	1 586 000	248 000	1 823 000	1 643 000
Financial Balance	−1 122 000	88 000	−1 822 000	−1 643 000
Dividends	0	0	0	0
Net Income	3 474 000	−758 000	−904 000	−1 280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 964 000	2 867 000	2 574 000	2 553 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	305 000	659 000	857 000	1 139 000
Fixtures	16 000	298 000	740 000	405 000
Total Tangible Assets	320 000	957 000	1 597 000	1 544 000
Total Fiancial Fixed Assets	236 000	139 000	0	1 050 000
Total Fixed Assets	2 521 000	3 964 000	4 171 000	5 147 000
Stock	5 917 000	1 699 000	2 234 000	2 738 000
Total Investments	0	0	0	0
Cash, Bank	5 868 000	163 000	182 000	137 000
Total Current Assets	16 481 000	5 010 000	9 648 000	9 725 000
Total Assets	19 002 000	8 974 000	13 819 000	14 872 000
Total Equity	4 859 000	1 385 000	1 143 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 447 000	3 251 000	5 004 000	1 955 000
Creditors	6 129 000	3 018 000	3 403 000	5 922 000
Unpaid Taxes	795 000	400 000	986 000	805 000
Dividends	0	0	0	0
Other Current Debt	3 772 000	845 000	2 857 000	2 141 000
Total Current Debt	10 696 000	4 337 000	7 672 000	12 771 000
Total Equity and Debt	19 002 000	8 974 000	13 819 000	14 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,5 %	−54,73 %	−79,09 %	−876,71 %
Debt-to-Equity Ratio	0,71	2,35	4,38	13,39
Operating Profit Margin	12,87 %	−7,64 %	4,72 %	1,12 %
Current Ratio	1,54	1,16	1,26	0,76
Quick Ratio	3,45	1,9	1,77	0,97
Equity Ratio	0,26	0,15	0,08	0,01
Gross Profit Margin	28,18 %	32,67 %	29,9 %	29,74 %