SOLHYTTEN AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

−4,12 %

Current Ratio

227,67

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	−42 000	7 969 000	28 626 000	63 180 000
Net Income	−115 000	−1 846 000	−2 857 000	−2 354 000
Total Assets	3 049 000	9 682 000	12 949 000	22 141 000
Total Equity	2 792 000	2 600 000	9 038 000	11 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	−42 000	7 969 000	28 626 000	63 180 000
Expenditure	219 000	10 384 000	30 258 000	64 931 000
Operating Profit	−261 000	−2 415 000	−1 632 000	−1 750 000
Financial Income	116 000	83 000	73 000	89 000
Financial Costs	2 000	35 000	1 647 000	1 074 000
Financial Balance	114 000	48 000	−1 574 000	−985 000
Earnings Before Tax	−148 000	−2 367 000	−3 205 000	−2 735 000
Tax	−32 000	−521 000	−348 000	−382 000
Net Income	−115 000	−1 846 000	−2 857 000	−2 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	317 000	439 000	3 471 000	5 187 000
Total Current Assets	2 732 000	9 243 000	9 477 000	16 953 000
Total Assets	3 049 000	9 682 000	12 949 000	22 141 000
Total Retained Equity	0	0	−7 133 000	−4 276 000
Total Equity	2 792 000	2 600 000	9 038 000	11 896 000
Total Long-Term Debt	245 000	245 000	523 000	1 096 000
Total Current Debt	12 000	6 837 000	3 387 000	9 149 000
Total Equity and Debt	3 049 000	9 682 000	12 949 000	22 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	7 952 000	28 587 000	63 180 000
Other Income	−48 000	17 000	39 000	0
Revenue	−42 000	7 969 000	28 626 000	63 180 000
Cost of Goods Sold	−8 000	6 214 000	23 158 000	50 733 000
Salary Costs	0	1 498 000	3 440 000	7 026 000
Depreciation	20 000	2 020 000	191 000	449 000
Impairment	0	0	0	0
Expenditure	219 000	10 384 000	30 258 000	64 931 000
Operating Profit	−261 000	−2 415 000	−1 632 000	−1 750 000
Financial Income	116 000	83 000	73 000	89 000
Financial Costs	2 000	35 000	1 647 000	1 074 000
Financial Balance	114 000	48 000	−1 574 000	−985 000
Dividends	0	6 465 000	0	0
Net Income	−115 000	−1 846 000	−2 857 000	−2 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	317 000	372 000	2 379 000	2 067 000
Real Eastate	0	0	0	256 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	68 000	87 000	241 000
Total Tangible Assets	0	68 000	87 000	498 000
Total Fiancial Fixed Assets	0	0	1 005 000	2 623 000
Total Fixed Assets	317 000	439 000	3 471 000	5 187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	64 000	123 000	377 000
Total Current Assets	2 732 000	9 243 000	9 477 000	16 953 000
Total Assets	3 049 000	9 682 000	12 949 000	22 141 000
Total Equity	2 792 000	2 600 000	9 038 000	11 896 000
Short-Term Group Debt	0	0	1 230 000	0
Total Long-Term Debt	245 000	245 000	523 000	1 096 000
Creditors	12 000	105 000	796 000	2 821 000
Unpaid Taxes	0	126 000	493 000	1 083 000
Dividends	0	6 465 000	0	0
Other Current Debt	0	141 000	792 000	5 245 000
Total Current Debt	12 000	6 837 000	3 387 000	9 149 000
Total Equity and Debt	3 049 000	9 682 000	12 949 000	22 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,12 %	−71 %	−31,61 %	−19,79 %
Debt-to-Equity Ratio	0,09	0,09	0,06	0,09
Operating Profit Margin	621,43 %	−30,3 %	−5,7 %	−2,77 %
Current Ratio	227,67	1,35	2,8	1,85
Quick Ratio	227,67	1,35	2,8	1,85
Equity Ratio	0,92	0,27	0,7	0,54
Gross Profit Margin	80,95 %	22,02 %	19,1 %	19,7 %