SOLFONN AS

0273 OSLO

Finances

Return on Equity

5,18 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 374 000	65 769 000	12 102 000	10 782 000
Net Income	17 581 000	64 390 000	11 524 000	9 992 000
Total Assets	370 494 000	372 014 000	317 467 000	313 908 000
Total Equity	339 604 000	349 123 000	306 932 000	307 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 374 000	65 769 000	12 102 000	10 782 000
Expenditure	2 914 000	822 000	430 000	691 000
Operating Profit	17 460 000	64 947 000	11 672 000	10 091 000
Financial Income	20 000	40 000	16 000	9 000
Financial Costs	1 000	35 000	144 000	90 000
Financial Balance	19 000	5 000	−128 000	−81 000
Earnings Before Tax	17 478 000	64 952 000	11 544 000	10 010 000
Tax	−103 000	561 000	21 000	19 000
Net Income	17 581 000	64 390 000	11 524 000	9 992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 232 000	287 729 000	287 729 000	287 774 000
Total Current Assets	69 262 000	84 286 000	29 738 000	26 134 000
Total Assets	370 494 000	372 014 000	317 467 000	313 908 000
Total Retained Equity	199 720 000	208 239 000	166 048 000	154 525 000
Total Equity	339 604 000	349 123 000	306 932 000	307 263 000
Total Long-Term Debt	0	103 000	10 479 000	6 604 000
Total Current Debt	30 890 000	22 788 000	55 000	41 000
Total Equity and Debt	370 494 000	372 014 000	317 467 000	313 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 374 000	65 769 000	12 102 000	10 782 000
Revenue	20 374 000	65 769 000	12 102 000	10 782 000
Cost of Goods Sold	0	0	0	0
Salary Costs	342 000	171 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 914 000	822 000	430 000	691 000
Operating Profit	17 460 000	64 947 000	11 672 000	10 091 000
Financial Income	20 000	40 000	16 000	9 000
Financial Costs	1 000	35 000	144 000	90 000
Financial Balance	19 000	5 000	−128 000	−81 000
Dividends	19 600 000	17 500 000	0	0
Net Income	17 581 000	64 390 000	11 524 000	9 992 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	301 232 000	287 729 000	287 729 000	287 774 000
Total Fixed Assets	301 232 000	287 729 000	287 729 000	287 774 000
Stock	0	0	0	0
Total Investments	49 365 000	40 087 000	16 828 000	15 610 000
Cash, Bank	298 000	29 498 000	3 095 000	577 000
Total Current Assets	69 262 000	84 286 000	29 738 000	26 134 000
Total Assets	370 494 000	372 014 000	317 467 000	313 908 000
Total Equity	339 604 000	349 123 000	306 932 000	307 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	103 000	10 479 000	6 604 000
Creditors	31 000	35 000	33 000	33 000
Unpaid Taxes	148 000	57 000	8 000	8 000
Dividends	19 600 000	17 500 000	0	0
Other Current Debt	1 210 000	0	15 000	0
Total Current Debt	30 890 000	22 788 000	55 000	41 000
Total Equity and Debt	370 494 000	372 014 000	317 467 000	313 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,18 %	18,44 %	3,75 %	3,25 %
Debt-to-Equity Ratio	0	0	0,03	0,02
Operating Profit Margin	85,7 %	98,75 %	96,45 %	93,59 %
Current Ratio	2,24	3,7	540,69	637,41
Quick Ratio	2,24	3,7	540,69	637,41
Equity Ratio	0,92	0,94	0,97	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %