SOLGAARD MAT AS

1630 GAMLE FREDRIKSTAD

Finances

Return on Equity

−11,49 %

Current Ratio

4,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 060 000	27 713 000	30 812 000	24 814 000
Net Income	−1 657 000	1 961 000	3 091 000	940 000
Total Assets	16 917 000	18 472 000	16 743 000	13 020 000
Total Equity	14 427 000	16 084 000	14 050 000	11 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 060 000	27 713 000	30 812 000	24 814 000
Expenditure	24 520 000	26 602 000	29 076 000	23 696 000
Operating Profit	539 000	1 111 000	1 737 000	1 118 000
Financial Income	940 000	2 013 000	2 472 000	195 000
Financial Costs	3 032 000	919 000	668 000	114 000
Financial Balance	−2 092 000	1 094 000	1 804 000	81 000
Earnings Before Tax	−1 553 000	2 205 000	3 541 000	1 198 000
Tax	103 000	244 000	449 000	258 000
Net Income	−1 657 000	1 961 000	3 091 000	940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 125 000	4 262 000	3 115 000	3 048 000
Total Current Assets	11 791 000	14 210 000	13 628 000	9 972 000
Total Assets	16 917 000	18 472 000	16 743 000	13 020 000
Total Retained Equity	14 127 000	15 784 000	13 750 000	10 779 000
Total Equity	14 427 000	16 084 000	14 050 000	11 079 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 489 000	2 387 000	2 693 000	1 942 000
Total Equity and Debt	16 917 000	18 472 000	16 743 000	13 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 599 000	27 268 000	30 399 000	24 448 000
Other Income	461 000	445 000	414 000	366 000
Revenue	25 060 000	27 713 000	30 812 000	24 814 000
Cost of Goods Sold	17 543 000	19 694 000	21 887 000	16 975 000
Salary Costs	3 934 000	4 008 000	4 030 000	4 083 000
Depreciation	227 000	197 000	154 000	160 000
Impairment	0	0	0	0
Expenditure	24 520 000	26 602 000	29 076 000	23 696 000
Operating Profit	539 000	1 111 000	1 737 000	1 118 000
Financial Income	940 000	2 013 000	2 472 000	195 000
Financial Costs	3 032 000	919 000	668 000	114 000
Financial Balance	−2 092 000	1 094 000	1 804 000	81 000
Dividends	0	0	120 000	200 000
Net Income	−1 657 000	1 961 000	3 091 000	940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	107 000	14 000	9 000
Real Eastate	3 714 000	3 820 000	2 706 000	2 761 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 321 000	334 000	395 000	277 000
Total Tangible Assets	5 036 000	4 155 000	3 101 000	3 039 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 125 000	4 262 000	3 115 000	3 048 000
Stock	1 163 000	1 215 000	1 050 000	932 000
Total Investments	8 130 000	10 523 000	9 430 000	4 646 000
Cash, Bank	1 564 000	1 324 000	1 514 000	3 209 000
Total Current Assets	11 791 000	14 210 000	13 628 000	9 972 000
Total Assets	16 917 000	18 472 000	16 743 000	13 020 000
Total Equity	14 427 000	16 084 000	14 050 000	11 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	821 000	943 000	749 000	522 000
Unpaid Taxes	249 000	349 000	346 000	407 000
Dividends	0	0	120 000	200 000
Other Current Debt	1 333 000	831 000	1 023 000	747 000
Total Current Debt	2 489 000	2 387 000	2 693 000	1 942 000
Total Equity and Debt	16 917 000	18 472 000	16 743 000	13 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,49 %	12,19 %	22 %	8,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,15 %	4,01 %	5,64 %	4,51 %
Current Ratio	4,74	5,95	5,06	5,13
Quick Ratio	8,89	12,12	8,29	9,87
Equity Ratio	0,85	0,87	0,84	0,85
Gross Profit Margin	30 %	28,94 %	28,97 %	31,59 %