SOLAN FINANS AS

0256 OSLO

Finances

Return on Equity

1 074,67 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 252 000	30 458 000	13 576 000	12 621 000
Net Income	6 448 000	19 167 000	5 196 000	2 845 000
Total Assets	10 274 000	14 178 000	9 289 000	8 520 000
Total Equity	600 000	600 000	600 000	600 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 252 000	30 458 000	13 576 000	12 621 000
Expenditure	5 941 000	5 892 000	6 937 000	9 023 000
Operating Profit	8 310 000	24 566 000	6 639 000	3 597 000
Financial Income	3 000	7 000	25 000	56 000
Financial Costs	10 000	0	2 000	2 000
Financial Balance	−7 000	7 000	23 000	54 000
Earnings Before Tax	8 303 000	24 573 000	6 662 000	3 651 000
Tax	1 855 000	5 406 000	1 466 000	805 000
Net Income	6 448 000	19 167 000	5 196 000	2 845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	9 000	25 000
Total Current Assets	10 274 000	14 173 000	9 280 000	8 495 000
Total Assets	10 274 000	14 178 000	9 289 000	8 520 000
Total Retained Equity	277 000	277 000	277 000	277 000
Total Equity	600 000	600 000	600 000	600 000
Total Long-Term Debt	0	4 000	4 000	0
Total Current Debt	9 674 000	13 574 000	8 685 000	7 920 000
Total Equity and Debt	10 274 000	14 178 000	9 289 000	8 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 252 000	30 458 000	13 576 000	12 621 000
Other Income	0	0	0	0
Revenue	14 252 000	30 458 000	13 576 000	12 621 000
Cost of Goods Sold	39 000	0	1 166 000	3 211 000
Salary Costs	3 874 000	4 117 000	3 890 000	3 789 000
Depreciation	4 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	5 941 000	5 892 000	6 937 000	9 023 000
Operating Profit	8 310 000	24 566 000	6 639 000	3 597 000
Financial Income	3 000	7 000	25 000	56 000
Financial Costs	10 000	0	2 000	2 000
Financial Balance	−7 000	7 000	23 000	54 000
Dividends	6 448 000	6 901 000	5 196 000	2 845 000
Net Income	6 448 000	19 167 000	5 196 000	2 845 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	9 000	14 000
Total Tangible Assets	0	4 000	9 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 000	9 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 977 000	4 511 000	6 781 000	5 492 000
Total Current Assets	10 274 000	14 173 000	9 280 000	8 495 000
Total Assets	10 274 000	14 178 000	9 289 000	8 520 000
Total Equity	600 000	600 000	600 000	600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	4 000	0
Creditors	269 000	300 000	227 000	218 000
Unpaid Taxes	257 000	522 000	374 000	542 000
Dividends	6 448 000	6 901 000	5 196 000	2 845 000
Other Current Debt	841 000	445 000	1 438 000	3 498 000
Total Current Debt	9 674 000	13 574 000	8 685 000	7 920 000
Total Equity and Debt	10 274 000	14 178 000	9 289 000	8 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 074,67 %	3 194,5 %	866 %	474,17 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	58,31 %	80,66 %	48,9 %	28,5 %
Current Ratio	1,06	1,04	1,07	1,07
Quick Ratio	1,06	1,04	1,07	1,07
Equity Ratio	0,06	0,04	0,06	0,07
Gross Profit Margin	99,73 %	100 %	91,41 %	74,56 %