SIVILØKONOM OLE KRISTIAN SOLUM AS

3790 HELLE

Finances

Return on Equity

16,72 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	466 000	442 000	431 000
Net Income	109 000	269 000	−194 000	464 000
Total Assets	935 000	1 846 000	961 000	1 207 000
Total Equity	652 000	894 000	624 000	818 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	466 000	442 000	431 000
Expenditure	34 000	291 000	140 000	93 000
Operating Profit	291 000	175 000	301 000	339 000
Financial Income	151 000	379 000	49 000	325 000
Financial Costs	269 000	246 000	599 000	123 000
Financial Balance	−118 000	133 000	−550 000	202 000
Earnings Before Tax	172 000	309 000	−249 000	541 000
Tax	63 000	40 000	−55 000	77 000
Net Income	109 000	269 000	−194 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	481 000	1 016 000	575 000	521 000
Total Current Assets	454 000	830 000	385 000	686 000
Total Assets	935 000	1 846 000	961 000	1 207 000
Total Retained Equity	0	0	0	788 000
Total Equity	652 000	894 000	624 000	818 000
Total Long-Term Debt	0	410 000	0	60 000
Total Current Debt	283 000	543 000	337 000	329 000
Total Equity and Debt	935 000	1 846 000	961 000	1 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	324 000	466 000	442 000	431 000
Other Income	0	0	0	0
Revenue	324 000	466 000	442 000	431 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−22 000	105 000	112 000	51 000
Depreciation	0	120 000	0	0
Impairment	0	0	0	0
Expenditure	34 000	291 000	140 000	93 000
Operating Profit	291 000	175 000	301 000	339 000
Financial Income	151 000	379 000	49 000	325 000
Financial Costs	269 000	246 000	599 000	123 000
Financial Balance	−118 000	133 000	−550 000	202 000
Dividends	350 000	0	0	200 000
Net Income	109 000	269 000	−194 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	216 000	279 000	319 000	264 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	480 000	0	0
Total Tangible Assets	0	480 000	0	0
Total Fiancial Fixed Assets	265 000	256 000	256 000	256 000
Total Fixed Assets	481 000	1 016 000	575 000	521 000
Stock	0	0	0	0
Total Investments	303 000	586 000	313 000	644 000
Cash, Bank	0	9 000	23 000	20 000
Total Current Assets	454 000	830 000	385 000	686 000
Total Assets	935 000	1 846 000	961 000	1 207 000
Total Equity	652 000	894 000	624 000	818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	410 000	0	60 000
Creditors	0	24 000	0	0
Unpaid Taxes	79 000	0	121 000	123 000
Dividends	350 000	0	0	200 000
Other Current Debt	4 000	387 000	15 000	5 000
Total Current Debt	283 000	543 000	337 000	329 000
Total Equity and Debt	935 000	1 846 000	961 000	1 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,72 %	30,09 %	−31,09 %	56,72 %
Debt-to-Equity Ratio	0	0,46	0	0,07
Operating Profit Margin	89,81 %	37,55 %	68,1 %	78,65 %
Current Ratio	1,6	1,53	1,14	2,09
Quick Ratio	1,6	1,53	1,14	2,09
Equity Ratio	0,7	0,48	0,65	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %