SOLID RETAIL NORWAY AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

26,87 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 028 000	26 973 000	27 212 000	26 337 000
Net Income	549 000	445 000	117 000	541 000
Total Assets	6 011 000	8 525 000	8 129 000	8 879 000
Total Equity	2 043 000	1 494 000	876 000	759 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 028 000	26 973 000	27 212 000	26 337 000
Expenditure	27 115 000	26 152 000	26 832 000	25 587 000
Operating Profit	913 000	822 000	380 000	749 000
Financial Income	1 000	7 000	0	49 000
Financial Costs	210 000	259 000	229 000	105 000
Financial Balance	−209 000	−252 000	−229 000	−56 000
Earnings Before Tax	704 000	570 000	151 000	693 000
Tax	155 000	125 000	33 000	153 000
Net Income	549 000	445 000	117 000	541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 584 000	1 249 000	1 814 000	2 181 000
Total Current Assets	4 427 000	7 276 000	6 315 000	6 698 000
Total Assets	6 011 000	8 525 000	8 129 000	8 879 000
Total Retained Equity	1 570 000	1 021 000	576 000	459 000
Total Equity	2 043 000	1 494 000	876 000	759 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 969 000	7 031 000	7 253 000	8 120 000
Total Equity and Debt	6 011 000	8 525 000	8 129 000	8 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 028 000	26 584 000	26 582 000	26 337 000
Other Income	0	390 000	630 000	0
Revenue	28 028 000	26 973 000	27 212 000	26 337 000
Cost of Goods Sold	9 068 000	7 071 000	6 144 000	11 953 000
Salary Costs	8 044 000	8 449 000	9 056 000	7 569 000
Depreciation	654 000	618 000	411 000	137 000
Impairment	0	0	0	0
Expenditure	27 115 000	26 152 000	26 832 000	25 587 000
Operating Profit	913 000	822 000	380 000	749 000
Financial Income	1 000	7 000	0	49 000
Financial Costs	210 000	259 000	229 000	105 000
Financial Balance	−209 000	−252 000	−229 000	−56 000
Dividends	0	0	0	0
Net Income	549 000	445 000	117 000	541 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	28 000	203 000	236 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 491 000	1 221 000	1 612 000	1 945 000
Total Tangible Assets	1 491 000	1 221 000	1 612 000	1 945 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 584 000	1 249 000	1 814 000	2 181 000
Stock	3 926 000	5 668 000	5 108 000	5 264 000
Total Investments	0	0	0	0
Cash, Bank	72 000	107 000	362 000	404 000
Total Current Assets	4 427 000	7 276 000	6 315 000	6 698 000
Total Assets	6 011 000	8 525 000	8 129 000	8 879 000
Total Equity	2 043 000	1 494 000	876 000	759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	215 000	1 102 000	470 000	3 574 000
Unpaid Taxes	1 469 000	1 403 000	1 565 000	1 171 000
Dividends	0	0	0	0
Other Current Debt	2 064 000	4 526 000	5 218 000	3 376 000
Total Current Debt	3 969 000	7 031 000	7 253 000	8 120 000
Total Equity and Debt	6 011 000	8 525 000	8 129 000	8 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,87 %	29,79 %	13,36 %	71,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,26 %	3,05 %	1,4 %	2,84 %
Current Ratio	1,12	1,03	0,87	0,82
Quick Ratio	102,95	5,34	2,94	2,35
Equity Ratio	0,34	0,18	0,11	0,09
Gross Profit Margin	67,65 %	73,78 %	77,42 %	54,62 %