SOLHEIM HYTTEGREND AS

2440 ENGERDAL

Finances

Share Ownership

Return on Equity

−10,39 %

Current Ratio

33,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	483 000	3 360 000	2 239 000	764 000
Net Income	−390 000	832 000	637 000	−106 000
Total Assets	3 860 000	4 684 000	5 052 000	5 073 000
Total Equity	3 752 000	4 142 000	3 510 000	3 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	483 000	3 360 000	2 239 000	764 000
Expenditure	1 034 000	1 573 000	851 000	704 000
Operating Profit	−500 000	1 085 000	887 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	19 000	70 000	96 000
Financial Balance	0	−19 000	−70 000	−96 000
Earnings Before Tax	−501 000	1 066 000	817 000	−136 000
Tax	−110 000	235 000	180 000	−30 000
Net Income	−390 000	832 000	637 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	182 000	210 000	247 000
Total Current Assets	3 567 000	4 502 000	4 842 000	4 825 000
Total Assets	3 860 000	4 684 000	5 052 000	5 073 000
Total Retained Equity	3 252 000	3 642 000	3 010 000	2 574 000
Total Equity	3 752 000	4 142 000	3 510 000	3 074 000
Total Long-Term Debt	0	0	1 100 000	1 850 000
Total Current Debt	108 000	542 000	442 000	149 000
Total Equity and Debt	3 860 000	4 684 000	5 052 000	5 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	483 000	3 360 000	2 239 000	764 000
Other Income	0	0	0	0
Revenue	483 000	3 360 000	2 239 000	764 000
Cost of Goods Sold	163 000	403 000	245 000	39 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 034 000	1 573 000	851 000	704 000
Operating Profit	−500 000	1 085 000	887 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	19 000	70 000	96 000
Financial Balance	0	−19 000	−70 000	−96 000
Dividends	0	200 000	200 000	0
Net Income	−390 000	832 000	637 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	292 000	182 000	210 000	247 000
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	0	0	0	0
Total Fixed Assets	292 000	182 000	210 000	247 000
Stock	3 182 000	2 980 000	3 682 000	4 183 000
Total Investments	0	0	0	0
Cash, Bank	254 000	1 416 000	1 029 000	526 000
Total Current Assets	3 567 000	4 502 000	4 842 000	4 825 000
Total Assets	3 860 000	4 684 000	5 052 000	5 073 000
Total Equity	3 752 000	4 142 000	3 510 000	3 074 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 100 000	1 850 000
Creditors	61 000	98 000	80 000	107 000
Unpaid Taxes	0	2 000	8 000	0
Dividends	0	200 000	200 000	0
Other Current Debt	47 000	36 000	12 000	42 000
Total Current Debt	108 000	542 000	442 000	149 000
Total Equity and Debt	3 860 000	4 684 000	5 052 000	5 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,39 %	20,09 %	18,15 %	−3,45 %
Debt-to-Equity Ratio	0	0	0,31	0,6
Operating Profit Margin	−103,52 %	32,29 %	39,62 %	−5,24 %
Current Ratio	33,03	8,31	10,95	32,38
Quick Ratio	−1,16	−1,85	−1,49	−1,2
Equity Ratio	0,97	0,88	0,69	0,61
Gross Profit Margin	66,25 %	88,01 %	89,06 %	94,9 %