SOLHEIM ELEKTRO AS

5642 HOLMEFJORD

Finances

Share Ownership

Return on Equity

14,44 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 322 000	5 170 000	5 187 000	4 588 000
Net Income	289 000	74 000	571 000	4 000
Total Assets	3 177 000	3 639 000	4 336 000	3 843 000
Total Equity	2 001 000	2 012 000	2 138 000	2 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 322 000	5 170 000	5 187 000	4 588 000
Expenditure	2 943 000	5 069 000	4 446 000	4 571 000
Operating Profit	379 000	101 000	741 000	16 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	6 000	5 000	8 000	10 000
Financial Balance	−4 000	−3 000	−7 000	−10 000
Earnings Before Tax	375 000	98 000	734 000	7 000
Tax	86 000	24 000	163 000	2 000
Net Income	289 000	74 000	571 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 833 000	1 930 000	2 194 000	2 415 000
Total Current Assets	1 344 000	1 709 000	2 142 000	1 427 000
Total Assets	3 177 000	3 639 000	4 336 000	3 843 000
Total Retained Equity	1 897 000	1 908 000	2 034 000	1 963 000
Total Equity	2 001 000	2 012 000	2 138 000	2 067 000
Total Long-Term Debt	387 000	445 000	562 000	850 000
Total Current Debt	789 000	1 182 000	1 636 000	925 000
Total Equity and Debt	3 177 000	3 639 000	4 336 000	3 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 322 000	5 131 000	5 000 000	4 588 000
Other Income	0	39 000	187 000	0
Revenue	3 322 000	5 170 000	5 187 000	4 588 000
Cost of Goods Sold	848 000	2 867 000	1 346 000	1 542 000
Salary Costs	1 451 000	1 493 000	2 262 000	2 168 000
Depreciation	97 000	187 000	221 000	208 000
Impairment	0	0	0	0
Expenditure	2 943 000	5 069 000	4 446 000	4 571 000
Operating Profit	379 000	101 000	741 000	16 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	6 000	5 000	8 000	10 000
Financial Balance	−4 000	−3 000	−7 000	−10 000
Dividends	300 000	200 000	500 000	100 000
Net Income	289 000	74 000	571 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 817 000	1 897 000	1 957 000	2 035 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	28 000	232 000	376 000
Total Tangible Assets	1 828 000	1 925 000	2 189 000	2 410 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 833 000	1 930 000	2 194 000	2 415 000
Stock	252 000	249 000	320 000	227 000
Total Investments	0	0	0	0
Cash, Bank	825 000	429 000	1 042 000	654 000
Total Current Assets	1 344 000	1 709 000	2 142 000	1 427 000
Total Assets	3 177 000	3 639 000	4 336 000	3 843 000
Total Equity	2 001 000	2 012 000	2 138 000	2 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	387 000	445 000	562 000	850 000
Creditors	112 000	475 000	357 000	270 000
Unpaid Taxes	142 000	308 000	345 000	339 000
Dividends	300 000	200 000	500 000	100 000
Other Current Debt	141 000	157 000	282 000	204 000
Total Current Debt	789 000	1 182 000	1 636 000	925 000
Total Equity and Debt	3 177 000	3 639 000	4 336 000	3 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,44 %	3,68 %	26,71 %	0,19 %
Debt-to-Equity Ratio	0,19	0,22	0,26	0,41
Operating Profit Margin	11,41 %	1,95 %	14,29 %	0,35 %
Current Ratio	1,7	1,45	1,31	1,54
Quick Ratio	2,5	1,83	1,63	2,04
Equity Ratio	0,63	0,55	0,49	0,54
Gross Profit Margin	74,47 %	44,55 %	74,05 %	66,39 %