SOLHAGEN AS

9325 BARDUFOSS

Finances

Return on Equity

6,76 %

Current Ratio

8,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	545 000	642 000	507 000	522 000
Net Income	78 000	90 000	99 000	58 000
Total Assets	1 308 000	1 249 000	1 118 000	1 086 000
Total Equity	1 153 000	1 075 000	985 000	886 000

Income (NOK)	2022	2021	2020	2019
Revenue	545 000	642 000	507 000	522 000
Expenditure	448 000	525 000	381 000	440 000
Operating Profit	98 000	117 000	125 000	82 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	0	7 000
Financial Balance	1 000	0	1 000	−5 000
Earnings Before Tax	99 000	117 000	127 000	77 000
Tax	22 000	27 000	28 000	18 000
Net Income	78 000	90 000	99 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	31 000	13 000	21 000
Total Current Assets	1 285 000	1 218 000	1 105 000	1 065 000
Total Assets	1 308 000	1 249 000	1 118 000	1 086 000
Total Retained Equity	600 000	523 000	432 000	333 000
Total Equity	1 153 000	1 075 000	985 000	886 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	155 000	174 000	133 000	200 000
Total Equity and Debt	1 308 000	1 249 000	1 118 000	1 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 000	600 000	467 000	482 000
Other Income	104 000	42 000	40 000	41 000
Revenue	545 000	642 000	507 000	522 000
Cost of Goods Sold	111 000	137 000	97 000	139 000
Salary Costs	305 000	279 000	248 000	249 000
Depreciation	10 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	448 000	525 000	381 000	440 000
Operating Profit	98 000	117 000	125 000	82 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	0	7 000
Financial Balance	1 000	0	1 000	−5 000
Dividends	0	0	0	0
Net Income	78 000	90 000	99 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	12 000	13 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	19 000	0	0
Total Tangible Assets	9 000	19 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	31 000	13 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	727 000	574 000	527 000	504 000
Total Current Assets	1 285 000	1 218 000	1 105 000	1 065 000
Total Assets	1 308 000	1 249 000	1 118 000	1 086 000
Total Equity	1 153 000	1 075 000	985 000	886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	−41 000	47 000
Unpaid Taxes	82 000	122 000	125 000	89 000
Dividends	0	0	0	0
Other Current Debt	48 000	23 000	20 000	43 000
Total Current Debt	155 000	174 000	133 000	200 000
Total Equity and Debt	1 308 000	1 249 000	1 118 000	1 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,76 %	8,37 %	10,05 %	6,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,98 %	18,22 %	24,65 %	15,71 %
Current Ratio	8,29	7	8,31	5,33
Quick Ratio	8,29	7	8,31	5,33
Equity Ratio	0,88	0,86	0,88	0,82
Gross Profit Margin	79,63 %	78,66 %	80,87 %	73,37 %