SOLSKJERMINGSGRUPPEN VESTLAND AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

78,72 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 658 000	15 252 000	14 690 000	15 140 000
Net Income	444 000	84 000	−1 096 000	−384 000
Total Assets	4 682 000	5 396 000	4 715 000	5 616 000
Total Equity	564 000	611 000	527 000	1 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 658 000	15 252 000	14 690 000	15 140 000
Expenditure	17 223 000	15 222 000	15 687 000	15 600 000
Operating Profit	435 000	30 000	−997 000	−459 000
Financial Income	30 000	147 000	79 000	22 000
Financial Costs	104 000	93 000	272 000	39 000
Financial Balance	−74 000	54 000	−193 000	−17 000
Earnings Before Tax	361 000	84 000	−1 190 000	−476 000
Tax	−83 000	0	−94 000	−92 000
Net Income	444 000	84 000	−1 096 000	−384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	19 000	0	6 000
Total Current Assets	4 672 000	5 377 000	4 715 000	5 610 000
Total Assets	4 682 000	5 396 000	4 715 000	5 616 000
Total Retained Equity	217 000	217 000	133 000	1 230 000
Total Equity	564 000	611 000	527 000	1 624 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	4 114 000	4 785 000	4 188 000	3 993 000
Total Equity and Debt	4 682 000	5 396 000	4 715 000	5 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 571 000	14 864 000	14 958 000	15 052 000
Other Income	87 000	389 000	−269 000	88 000
Revenue	17 658 000	15 252 000	14 690 000	15 140 000
Cost of Goods Sold	10 340 000	8 346 000	8 365 000	8 249 000
Salary Costs	4 924 000	4 974 000	5 093 000	5 156 000
Depreciation	9 000	9 000	6 000	18 000
Impairment	0	0	0	0
Expenditure	17 223 000	15 222 000	15 687 000	15 600 000
Operating Profit	435 000	30 000	−997 000	−459 000
Financial Income	30 000	147 000	79 000	22 000
Financial Costs	104 000	93 000	272 000	39 000
Financial Balance	−74 000	54 000	−193 000	−17 000
Dividends	0	0	0	0
Net Income	444 000	84 000	−1 096 000	−384 000

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	10 000	19 000	0	6 000
Total Tangible Assets	10 000	19 000	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	19 000	0	6 000
Stock	1 216 000	1 411 000	941 000	843 000
Total Investments	0	0	0	0
Cash, Bank	191 000	181 000	274 000	1 118 000
Total Current Assets	4 672 000	5 377 000	4 715 000	5 610 000
Total Assets	4 682 000	5 396 000	4 715 000	5 616 000
Total Equity	564 000	611 000	527 000	1 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	1 740 000	2 036 000	2 453 000	2 367 000
Unpaid Taxes	994 000	890 000	894 000	1 002 000
Dividends	0	0	0	0
Other Current Debt	485 000	482 000	840 000	624 000
Total Current Debt	4 114 000	4 785 000	4 188 000	3 993 000
Total Equity and Debt	4 682 000	5 396 000	4 715 000	5 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,72 %	13,75 %	−207,97 %	−23,65 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	2,46 %	0,2 %	−6,79 %	−3,03 %
Current Ratio	1,14	1,12	1,13	1,4
Quick Ratio	1,61	1,59	1,45	1,78
Equity Ratio	0,12	0,11	0,11	0,29
Gross Profit Margin	41,44 %	45,28 %	43,06 %	45,52 %