SOLBERG ELEKTRO AS

0193 OSLO

Finances

Share Ownership

Return on Equity

10,14 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 186 000	27 944 000	35 303 000	31 942 000
Net Income	417 000	1 379 000	3 923 000	1 452 000
Total Assets	15 402 000	12 971 000	19 214 000	14 675 000
Total Equity	4 111 000	4 693 000	4 314 000	2 891 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 186 000	27 944 000	35 303 000	31 942 000
Expenditure	30 438 000	26 098 000	30 203 000	30 064 000
Operating Profit	748 000	1 846 000	5 100 000	1 878 000
Financial Income	12 000	0	3 000	1 000
Financial Costs	124 000	75 000	73 000	57 000
Financial Balance	−112 000	−75 000	−70 000	−56 000
Earnings Before Tax	636 000	1 772 000	5 030 000	1 822 000
Tax	219 000	392 000	1 107 000	370 000
Net Income	417 000	1 379 000	3 923 000	1 452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 483 000	2 560 000	1 887 000	1 644 000
Total Current Assets	13 920 000	10 411 000	17 327 000	13 031 000
Total Assets	15 402 000	12 971 000	19 214 000	14 675 000
Total Retained Equity	4 011 000	4 593 000	4 214 000	2 791 000
Total Equity	4 111 000	4 693 000	4 314 000	2 891 000
Total Long-Term Debt	1 206 000	1 606 000	994 000	783 000
Total Current Debt	10 086 000	6 672 000	13 907 000	11 001 000
Total Equity and Debt	15 402 000	12 971 000	19 214 000	14 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 186 000	27 944 000	35 303 000	31 942 000
Other Income	0	0	0	0
Revenue	31 186 000	27 944 000	35 303 000	31 942 000
Cost of Goods Sold	14 807 000	11 402 000	14 433 000	17 246 000
Salary Costs	11 096 000	11 304 000	12 316 000	10 323 000
Depreciation	617 000	472 000	380 000	104 000
Impairment	0	0	0	0
Expenditure	30 438 000	26 098 000	30 203 000	30 064 000
Operating Profit	748 000	1 846 000	5 100 000	1 878 000
Financial Income	12 000	0	3 000	1 000
Financial Costs	124 000	75 000	73 000	57 000
Financial Balance	−112 000	−75 000	−70 000	−56 000
Dividends	1 000 000	1 000 000	2 500 000	1 200 000
Net Income	417 000	1 379 000	3 923 000	1 452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 483 000	2 100 000	1 427 000	1 185 000
Total Tangible Assets	1 483 000	2 100 000	1 427 000	1 185 000
Total Fiancial Fixed Assets	0	460 000	460 000	460 000
Total Fixed Assets	1 483 000	2 560 000	1 887 000	1 644 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 553 000	7 261 000	5 942 000	2 912 000
Total Current Assets	13 920 000	10 411 000	17 327 000	13 031 000
Total Assets	15 402 000	12 971 000	19 214 000	14 675 000
Total Equity	4 111 000	4 693 000	4 314 000	2 891 000
Short-Term Group Debt	1 440 000	1 000 000	1 000 000	1 000 000
Total Long-Term Debt	1 206 000	1 606 000	994 000	783 000
Creditors	3 322 000	1 164 000	3 815 000	5 425 000
Unpaid Taxes	1 824 000	1 064 000	2 409 000	798 000
Dividends	1 000 000	1 000 000	2 500 000	1 200 000
Other Current Debt	2 267 000	2 055 000	3 076 000	2 218 000
Total Current Debt	10 086 000	6 672 000	13 907 000	11 001 000
Total Equity and Debt	15 402 000	12 971 000	19 214 000	14 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,14 %	29,38 %	90,94 %	50,22 %
Debt-to-Equity Ratio	0,29	0,34	0,23	0,27
Operating Profit Margin	2,4 %	6,61 %	14,45 %	5,88 %
Current Ratio	1,38	1,56	1,25	1,18
Quick Ratio	1,38	1,56	1,25	1,18
Equity Ratio	0,27	0,36	0,22	0,2
Gross Profit Margin	52,52 %	59,2 %	59,12 %	46,01 %