SOLAAS HOLDING AS

5305 FLORVÅG

Finances

Return on Equity

17,6 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 518 000	196 838 000	186 100 000	146 831 000
Net Income	12 211 000	9 195 000	7 268 000	5 378 000
Total Assets	113 097 000	109 927 000	106 598 000	103 423 000
Total Equity	69 383 000	59 353 000	51 935 000	45 545 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 518 000	196 838 000	186 100 000	146 831 000
Expenditure	201 688 000	194 539 000	172 609 000	151 147 000
Operating Profit	16 259 000	11 349 000	10 520 000	8 100 000
Financial Income	120 000	893 000	5 000	32 000
Financial Costs	747 000	679 000	1 345 000	1 343 000
Financial Balance	−627 000	214 000	−1 340 000	−1 311 000
Earnings Before Tax	15 631 000	11 563 000	9 179 000	6 789 000
Tax	3 421 000	2 369 000	1 912 000	1 411 000
Net Income	12 211 000	9 195 000	7 268 000	5 378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 416 000	29 381 000	31 133 000	32 361 000
Total Current Assets	79 680 000	80 546 000	75 466 000	71 062 000
Total Assets	113 097 000	109 927 000	106 598 000	103 423 000
Total Retained Equity	68 628 000	57 388 000	49 970 000	43 580 000
Total Equity	69 383 000	59 353 000	51 935 000	45 545 000
Total Long-Term Debt	434 000	1 276 000	10 143 000	1 407 000
Total Current Debt	43 280 000	49 298 000	44 521 000	56 471 000
Total Equity and Debt	113 097 000	109 927 000	106 598 000	103 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 349 000	196 478 000	185 324 000	146 660 000
Other Income	169 000	360 000	776 000	171 000
Revenue	220 518 000	196 838 000	186 100 000	146 831 000
Cost of Goods Sold	124 871 000	124 151 000	108 702 000	88 009 000
Salary Costs	60 020 000	54 061 000	49 639 000	49 018 000
Depreciation	3 397 000	3 266 000	3 306 000	2 650 000
Impairment	0	0	0	0
Expenditure	201 688 000	194 539 000	172 609 000	151 147 000
Operating Profit	16 259 000	11 349 000	10 520 000	8 100 000
Financial Income	120 000	893 000	5 000	32 000
Financial Costs	747 000	679 000	1 345 000	1 343 000
Financial Balance	−627 000	214 000	−1 340 000	−1 311 000
Dividends	0	0	0	0
Net Income	12 211 000	9 195 000	7 268 000	5 378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	770 000	583 000	708 000	731 000
Real Eastate	2 861 000	2 861 000	2 861 000	20 787 000
Machinery and Plant Facilities	13 169 000	14 615 000	16 061 000	1 522 000
Fixtures	4 883 000	6 974 000	7 107 000	5 069 000
Total Tangible Assets	20 913 000	24 451 000	26 029 000	27 378 000
Total Fiancial Fixed Assets	11 734 000	4 347 000	4 396 000	4 252 000
Total Fixed Assets	33 416 000	29 381 000	31 133 000	32 361 000
Stock	61 275 000	62 320 000	53 269 000	60 229 000
Total Investments	0	0	0	0
Cash, Bank	15 429 000	15 221 000	20 245 000	2 225 000
Total Current Assets	79 680 000	80 546 000	75 466 000	71 062 000
Total Assets	113 097 000	109 927 000	106 598 000	103 423 000
Total Equity	69 383 000	59 353 000	51 935 000	45 545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	434 000	1 276 000	10 143 000	1 407 000
Creditors	12 311 000	18 403 000	20 961 000	17 848 000
Unpaid Taxes	5 417 000	3 219 000	2 852 000	4 364 000
Dividends	0	0	0	0
Other Current Debt	8 596 000	7 312 000	11 874 000	6 391 000
Total Current Debt	43 280 000	49 298 000	44 521 000	56 471 000
Total Equity and Debt	113 097 000	109 927 000	106 598 000	103 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,6 %	15,49 %	13,99 %	11,81 %
Debt-to-Equity Ratio	0,01	0,02	0,2	0,03
Operating Profit Margin	7,37 %	5,77 %	5,65 %	5,52 %
Current Ratio	1,84	1,63	1,7	1,26
Quick Ratio	−4,43	−6,19	−8,63	−18,91
Equity Ratio	0,61	0,54	0,49	0,44
Gross Profit Margin	43,37 %	36,93 %	41,59 %	40,06 %