SOLAR E&I A/S

5039 BERGEN

Finances

Return on Equity

30,99 %

Current Ratio

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	457 000	352 000	208 000	87 000
Net Income	2 620 000	1 368 000	424 000	739 000
Total Assets	9 640 000	7 907 000	6 570 000	7 258 000
Total Equity	8 453 000	6 740 000	6 017 000	5 713 000

Income (NOK)	2022	2021	2020	2019
Revenue	457 000	352 000	208 000	87 000
Expenditure	140 000	112 000	78 000	110 000
Operating Profit	317 000	240 000	130 000	−23 000
Financial Income	2 781 000	1 230 000	396 000	816 000
Financial Costs	368 000	2 000	48 000	39 000
Financial Balance	2 413 000	1 228 000	348 000	777 000
Earnings Before Tax	2 730 000	1 467 000	478 000	754 000
Tax	110 000	99 000	54 000	15 000
Net Income	2 620 000	1 368 000	424 000	739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	50 000	2 800 000	3 200 000
Total Current Assets	8 640 000	7 857 000	3 770 000	4 058 000
Total Assets	9 640 000	7 907 000	6 570 000	7 258 000
Total Retained Equity	8 415 000	6 702 000	5 979 000	5 675 000
Total Equity	8 453 000	6 740 000	6 017 000	5 713 000
Total Long-Term Debt	611 000	14 000	17 000	21 000
Total Current Debt	576 000	1 153 000	536 000	1 524 000
Total Equity and Debt	9 640 000	7 907 000	6 570 000	7 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	457 000	0	208 000	87 000
Other Income	0	352 000	0	0
Revenue	457 000	352 000	208 000	87 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	140 000	112 000	78 000	110 000
Operating Profit	317 000	240 000	130 000	−23 000
Financial Income	2 781 000	1 230 000	396 000	816 000
Financial Costs	368 000	2 000	48 000	39 000
Financial Balance	2 413 000	1 228 000	348 000	777 000
Dividends	908 000	645 000	120 000	120 000
Net Income	2 620 000	1 368 000	424 000	739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	1 000 000	50 000	2 800 000	3 200 000
Total Fixed Assets	1 000 000	50 000	2 800 000	3 200 000
Stock	0	0	0	0
Total Investments	3 083 000	3 577 000	2 745 000	2 987 000
Cash, Bank	5 007 000	1 067 000	993 000	1 052 000
Total Current Assets	8 640 000	7 857 000	3 770 000	4 058 000
Total Assets	9 640 000	7 907 000	6 570 000	7 258 000
Total Equity	8 453 000	6 740 000	6 017 000	5 713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	611 000	14 000	17 000	21 000
Creditors	128 000	300 000	0	2 000
Unpaid Taxes	102 000	78 000	42 000	9 000
Dividends	908 000	645 000	120 000	120 000
Other Current Debt	114 000	552 000	316 000	1 372 000
Total Current Debt	576 000	1 153 000	536 000	1 524 000
Total Equity and Debt	9 640 000	7 907 000	6 570 000	7 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,99 %	20,3 %	7,05 %	12,94 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	69,37 %	68,18 %	62,5 %	−26,44 %
Current Ratio	15	6,81	7,03	2,66
Quick Ratio	15	6,81	7,03	2,66
Equity Ratio	0,88	0,85	0,92	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %