SOLGAARDEN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

7,77 %

Current Ratio

21,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	843 000	784 000	765 000	750 000
Net Income	452 000	359 000	455 000	427 000
Total Assets	5 981 000	5 639 000	5 456 000	6 761 000
Total Equity	5 817 000	5 365 000	5 005 000	4 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	843 000	784 000	765 000	750 000
Expenditure	313 000	336 000	207 000	247 000
Operating Profit	531 000	448 000	558 000	503 000
Financial Income	58 000	27 000	46 000	71 000
Financial Costs	5 000	11 000	17 000	24 000
Financial Balance	53 000	16 000	29 000	47 000
Earnings Before Tax	583 000	464 000	587 000	551 000
Tax	131 000	105 000	132 000	123 000
Net Income	452 000	359 000	455 000	427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 432 000	2 479 000	2 483 000	3 393 000
Total Current Assets	3 550 000	3 160 000	2 973 000	3 367 000
Total Assets	5 981 000	5 639 000	5 456 000	6 761 000
Total Retained Equity	5 715 000	5 264 000	4 904 000	4 449 000
Total Equity	5 817 000	5 365 000	5 005 000	4 550 000
Total Long-Term Debt	0	169 000	303 000	452 000
Total Current Debt	165 000	105 000	148 000	1 759 000
Total Equity and Debt	5 981 000	5 639 000	5 456 000	6 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	843 000	784 000	765 000	0
Other Income	0	0	0	750 000
Revenue	843 000	784 000	765 000	750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	47 000	47 000	46 000
Impairment	0	0	0	0
Expenditure	313 000	336 000	207 000	247 000
Operating Profit	531 000	448 000	558 000	503 000
Financial Income	58 000	27 000	46 000	71 000
Financial Costs	5 000	11 000	17 000	24 000
Financial Balance	53 000	16 000	29 000	47 000
Dividends	0	0	0	0
Net Income	452 000	359 000	455 000	427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 432 000	2 479 000	2 483 000	2 530 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 432 000	2 479 000	2 483 000	2 530 000
Total Fiancial Fixed Assets	0	0	0	863 000
Total Fixed Assets	2 432 000	2 479 000	2 483 000	3 393 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 438 000	2 447 000	2 504 000	3 323 000
Total Current Assets	3 550 000	3 160 000	2 973 000	3 367 000
Total Assets	5 981 000	5 639 000	5 456 000	6 761 000
Total Equity	5 817 000	5 365 000	5 005 000	4 550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	169 000	303 000	452 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	0	16 000	1 635 000
Total Current Debt	165 000	105 000	148 000	1 759 000
Total Equity and Debt	5 981 000	5 639 000	5 456 000	6 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,77 %	6,69 %	9,09 %	9,38 %
Debt-to-Equity Ratio	0	0,03	0,06	0,1
Operating Profit Margin	62,99 %	57,14 %	72,94 %	67,07 %
Current Ratio	21,52	30,1	20,09	1,91
Quick Ratio	21,52	30,1	20,09	1,91
Equity Ratio	0,97	0,95	0,92	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %