SOLUM INVEST AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−5,15 %

Current Ratio

8,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 527 000	4 684 000	5 357 000	2 388 000
Net Income	−122 000	22 000	1 652 000	395 000
Total Assets	2 624 000	2 778 000	3 255 000	2 358 000
Total Equity	2 368 000	2 490 000	2 468 000	816 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 527 000	4 684 000	5 357 000	2 388 000
Expenditure	4 676 000	4 683 000	3 261 000	1 869 000
Operating Profit	−149 000	1 000	2 096 000	519 000
Financial Income	27 000	26 000	25 000	3 000
Financial Costs	0	0	1 000	18 000
Financial Balance	27 000	26 000	24 000	−15 000
Earnings Before Tax	−122 000	27 000	2 121 000	504 000
Tax	0	5 000	469 000	109 000
Net Income	−122 000	22 000	1 652 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	797 000	867 000	1 164 000
Total Current Assets	2 050 000	1 981 000	2 387 000	1 193 000
Total Assets	2 624 000	2 778 000	3 255 000	2 358 000
Total Retained Equity	2 266 000	2 388 000	2 366 000	714 000
Total Equity	2 368 000	2 490 000	2 468 000	816 000
Total Long-Term Debt	0	0	0	1 181 000
Total Current Debt	256 000	287 000	787 000	360 000
Total Equity and Debt	2 624 000	2 778 000	3 255 000	2 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 420 000	4 573 000	5 241 000	2 307 000
Other Income	107 000	111 000	116 000	82 000
Revenue	4 527 000	4 684 000	5 357 000	2 388 000
Cost of Goods Sold	222 000	238 000	294 000	148 000
Salary Costs	2 000 000	1 571 000	1 358 000	938 000
Depreciation	371 000	332 000	297 000	286 000
Impairment	0	0	0	0
Expenditure	4 676 000	4 683 000	3 261 000	1 869 000
Operating Profit	−149 000	1 000	2 096 000	519 000
Financial Income	27 000	26 000	25 000	3 000
Financial Costs	0	0	1 000	18 000
Financial Balance	27 000	26 000	24 000	−15 000
Dividends	0	0	0	0
Net Income	−122 000	22 000	1 652 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	153 000	428 000	702 000	976 000
Machinery and Plant Facilities	390 000	320 000	97 000	101 000
Fixtures	31 000	50 000	69 000	88 000
Total Tangible Assets	574 000	797 000	867 000	1 164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	574 000	797 000	867 000	1 164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 004 000	1 655 000	1 472 000	1 193 000
Total Current Assets	2 050 000	1 981 000	2 387 000	1 193 000
Total Assets	2 624 000	2 778 000	3 255 000	2 358 000
Total Equity	2 368 000	2 490 000	2 468 000	816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 181 000
Creditors	9 000	23 000	0	28 000
Unpaid Taxes	127 000	168 000	192 000	61 000
Dividends	0	0	0	0
Other Current Debt	120 000	92 000	126 000	162 000
Total Current Debt	256 000	287 000	787 000	360 000
Total Equity and Debt	2 624 000	2 778 000	3 255 000	2 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,15 %	0,88 %	66,94 %	48,41 %
Debt-to-Equity Ratio	0	0	0	1,45
Operating Profit Margin	−3,29 %	0,02 %	39,13 %	21,73 %
Current Ratio	8,01	6,9	3,03	3,31
Quick Ratio	8,01	6,9	3,03	3,31
Equity Ratio	0,9	0,9	0,76	0,35
Gross Profit Margin	95,1 %	94,92 %	94,51 %	93,8 %