SOLØR SKAFT AS

2270 FLISA

Finances

Share Ownership

Return on Equity

26,36 %

Current Ratio

3,59

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 953 000	54 042 000	43 783 000	24 241 000
Net Income	4 188 000	3 930 000	2 258 000	−765 000
Total Assets	26 357 000	23 735 000	16 839 000	12 092 000
Total Equity	15 888 000	11 700 000	7 770 000	5 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 953 000	54 042 000	43 783 000	24 241 000
Expenditure	39 788 000	49 234 000	40 751 000	24 469 000
Operating Profit	5 466 000	5 132 000	2 989 000	−824 000
Financial Income	55 000	22 000	41 000	57 000
Financial Costs	140 000	102 000	130 000	75 000
Financial Balance	−85 000	−80 000	−89 000	−18 000
Earnings Before Tax	5 381 000	5 052 000	2 901 000	−841 000
Tax	1 194 000	1 122 000	642 000	−77 000
Net Income	4 188 000	3 930 000	2 258 000	−765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	934 000	895 000	734 000	285 000
Total Current Assets	25 424 000	22 841 000	16 105 000	11 807 000
Total Assets	26 357 000	23 735 000	16 839 000	12 092 000
Total Retained Equity	15 588 000	11 400 000	7 470 000	5 212 000
Total Equity	15 888 000	11 700 000	7 770 000	5 512 000
Total Long-Term Debt	3 378 000	5 464 000	2 411 000	1 020 000
Total Current Debt	7 091 000	6 571 000	6 658 000	5 561 000
Total Equity and Debt	26 357 000	23 735 000	16 839 000	12 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 953 000	54 042 000	43 766 000	24 284 000
Other Income	0	0	17 000	−43 000
Revenue	44 953 000	54 042 000	43 783 000	24 241 000
Cost of Goods Sold	28 867 000	37 830 000	30 995 000	16 910 000
Salary Costs	6 287 000	6 146 000	5 887 000	4 402 000
Depreciation	68 000	77 000	52 000	17 000
Impairment	0	0	0	0
Expenditure	39 788 000	49 234 000	40 751 000	24 469 000
Operating Profit	5 466 000	5 132 000	2 989 000	−824 000
Financial Income	55 000	22 000	41 000	57 000
Financial Costs	140 000	102 000	130 000	75 000
Financial Balance	−85 000	−80 000	−89 000	−18 000
Dividends	0	0	0	0
Net Income	4 188 000	3 930 000	2 258 000	−765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	501 000	395 000	157 000	232 000
Real Eastate	425 000	483 000	540 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	17 000	37 000	38 000
Total Tangible Assets	432 000	500 000	577 000	38 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	934 000	895 000	734 000	285 000
Stock	16 658 000	12 853 000	9 736 000	7 488 000
Total Investments	0	0	0	0
Cash, Bank	302 000	945 000	339 000	236 000
Total Current Assets	25 424 000	22 841 000	16 105 000	11 807 000
Total Assets	26 357 000	23 735 000	16 839 000	12 092 000
Total Equity	15 888 000	11 700 000	7 770 000	5 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 378 000	5 464 000	2 411 000	1 020 000
Creditors	1 926 000	3 055 000	3 816 000	1 795 000
Unpaid Taxes	886 000	1 076 000	417 000	461 000
Dividends	0	0	0	0
Other Current Debt	1 222 000	1 081 000	1 042 000	1 635 000
Total Current Debt	7 091 000	6 571 000	6 658 000	5 561 000
Total Equity and Debt	26 357 000	23 735 000	16 839 000	12 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,36 %	33,59 %	29,06 %	−13,88 %
Debt-to-Equity Ratio	0,21	0,47	0,31	0,19
Operating Profit Margin	12,16 %	9,5 %	6,83 %	−3,4 %
Current Ratio	3,59	3,48	2,42	2,12
Quick Ratio	−2,66	−3,64	−5,23	−6,13
Equity Ratio	0,6	0,49	0,46	0,46
Gross Profit Margin	35,78 %	30 %	29,21 %	30,24 %