SOLSIDEN SPA OG VELVÆRESENTER AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

−35,65 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 927 000	21 171 000	21 174 000	24 205 000
Net Income	−873 000	1 297 000	1 202 000	1 095 000
Total Assets	8 308 000	8 564 000	11 564 000	11 138 000
Total Equity	2 449 000	3 322 000	2 725 000	4 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 927 000	21 171 000	21 174 000	24 205 000
Expenditure	21 019 000	19 482 000	19 429 000	22 323 000
Operating Profit	−1 092 000	1 690 000	1 746 000	1 881 000
Financial Income	16 000	0	11 000	23 000
Financial Costs	34 000	24 000	196 000	499 000
Financial Balance	−18 000	−24 000	−185 000	−476 000
Earnings Before Tax	−1 109 000	1 666 000	1 561 000	1 405 000
Tax	−236 000	369 000	359 000	310 000
Net Income	−873 000	1 297 000	1 202 000	1 095 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	670 000	536 000	707 000	908 000
Total Current Assets	7 638 000	8 029 000	10 857 000	10 231 000
Total Assets	8 308 000	8 564 000	11 564 000	11 138 000
Total Retained Equity	2 339 000	3 212 000	2 615 000	3 913 000
Total Equity	2 449 000	3 322 000	2 725 000	4 023 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 858 000	5 242 000	8 839 000	7 115 000
Total Equity and Debt	8 308 000	8 564 000	11 564 000	11 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 577 000	19 074 000	20 079 000	23 594 000
Other Income	350 000	2 097 000	1 096 000	611 000
Revenue	19 927 000	21 171 000	21 174 000	24 205 000
Cost of Goods Sold	4 877 000	3 874 000	3 938 000	3 871 000
Salary Costs	10 941 000	10 288 000	9 635 000	12 498 000
Depreciation	144 000	176 000	202 000	235 000
Impairment	0	0	0	0
Expenditure	21 019 000	19 482 000	19 429 000	22 323 000
Operating Profit	−1 092 000	1 690 000	1 746 000	1 881 000
Financial Income	16 000	0	11 000	23 000
Financial Costs	34 000	24 000	196 000	499 000
Financial Balance	−18 000	−24 000	−185 000	−476 000
Dividends	0	700 000	2 500 000	0
Net Income	−873 000	1 297 000	1 202 000	1 095 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	307 000	71 000	69 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	363 000	465 000	638 000	822 000
Total Tangible Assets	363 000	465 000	638 000	822 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	670 000	536 000	707 000	908 000
Stock	3 801 000	3 912 000	4 299 000	4 031 000
Total Investments	0	0	0	0
Cash, Bank	3 003 000	3 163 000	5 749 000	5 695 000
Total Current Assets	7 638 000	8 029 000	10 857 000	10 231 000
Total Assets	8 308 000	8 564 000	11 564 000	11 138 000
Total Equity	2 449 000	3 322 000	2 725 000	4 023 000
Short-Term Group Debt	675 000	0	267 000	0
Total Long-Term Debt	0	0	0	0
Creditors	638 000	101 000	479 000	563 000
Unpaid Taxes	1 280 000	1 173 000	812 000	930 000
Dividends	0	700 000	2 500 000	0
Other Current Debt	3 265 000	2 894 000	4 421 000	5 313 000
Total Current Debt	5 858 000	5 242 000	8 839 000	7 115 000
Total Equity and Debt	8 308 000	8 564 000	11 564 000	11 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,65 %	39,04 %	44,11 %	27,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,48 %	7,98 %	8,25 %	7,77 %
Current Ratio	1,3	1,53	1,23	1,44
Quick Ratio	3,71	6,04	2,39	3,32
Equity Ratio	0,29	0,39	0,24	0,36
Gross Profit Margin	75,53 %	81,7 %	81,4 %	84,01 %