SOLHEIMSHYTTA AS

2440 ENGERDAL

Finances

Return on Equity

−4,43 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 014 000	13 506 000	7 214 000	4 665 000
Net Income	−172 000	1 137 000	542 000	240 000
Total Assets	8 710 000	6 556 000	5 928 000	4 791 000
Total Equity	3 879 000	4 051 000	2 915 000	2 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 014 000	13 506 000	7 214 000	4 665 000
Expenditure	9 698 000	12 427 000	7 303 000	4 459 000
Operating Profit	19 000	1 133 000	−88 000	411 000
Financial Income	−92 000	293 000	636 000	−53 000
Financial Costs	116 000	51 000	31 000	35 000
Financial Balance	−208 000	242 000	605 000	−88 000
Earnings Before Tax	−189 000	1 376 000	516 000	323 000
Tax	−17 000	239 000	−25 000	83 000
Net Income	−172 000	1 137 000	542 000	240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 374 000	3 416 000	3 352 000	2 911 000
Total Current Assets	5 336 000	3 141 000	2 576 000	1 880 000
Total Assets	8 710 000	6 556 000	5 928 000	4 791 000
Total Retained Equity	3 699 000	3 871 000	2 734 000	2 192 000
Total Equity	3 879 000	4 051 000	2 915 000	2 373 000
Total Long-Term Debt	599 000	797 000	847 000	1 040 000
Total Current Debt	4 231 000	1 708 000	2 167 000	1 378 000
Total Equity and Debt	8 710 000	6 556 000	5 928 000	4 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 990 000	13 484 000	7 161 000	4 629 000
Other Income	24 000	22 000	53 000	36 000
Revenue	8 014 000	13 506 000	7 214 000	4 665 000
Cost of Goods Sold	5 357 000	8 066 000	3 737 000	2 061 000
Salary Costs	3 510 000	3 492 000	2 528 000	1 748 000
Depreciation	96 000	86 000	81 000	68 000
Impairment	0	0	0	0
Expenditure	9 698 000	12 427 000	7 303 000	4 459 000
Operating Profit	19 000	1 133 000	−88 000	411 000
Financial Income	−92 000	293 000	636 000	−53 000
Financial Costs	116 000	51 000	31 000	35 000
Financial Balance	−208 000	242 000	605 000	−88 000
Dividends	0	0	0	0
Net Income	−172 000	1 137 000	542 000	240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	697 000	735 000	773 000	811 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	51 000	99 000	106 000
Total Tangible Assets	883 000	786 000	872 000	917 000
Total Fiancial Fixed Assets	2 492 000	2 630 000	2 481 000	1 994 000
Total Fixed Assets	3 374 000	3 416 000	3 352 000	2 911 000
Stock	1 988 000	275 000	250 000	267 000
Total Investments	0	0	0	0
Cash, Bank	3 136 000	2 550 000	2 030 000	559 000
Total Current Assets	5 336 000	3 141 000	2 576 000	1 880 000
Total Assets	8 710 000	6 556 000	5 928 000	4 791 000
Total Equity	3 879 000	4 051 000	2 915 000	2 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	599 000	797 000	847 000	1 040 000
Creditors	942 000	346 000	663 000	144 000
Unpaid Taxes	448 000	500 000	362 000	288 000
Dividends	0	0	0	0
Other Current Debt	992 000	634 000	1 142 000	854 000
Total Current Debt	4 231 000	1 708 000	2 167 000	1 378 000
Total Equity and Debt	8 710 000	6 556 000	5 928 000	4 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,43 %	28,07 %	18,59 %	10,11 %
Debt-to-Equity Ratio	0,15	0,2	0,29	0,44
Operating Profit Margin	0,24 %	8,39 %	−1,22 %	8,81 %
Current Ratio	1,26	1,84	1,19	1,36
Quick Ratio	2,38	2,19	1,34	1,69
Equity Ratio	0,45	0,62	0,49	0,5
Gross Profit Margin	33,15 %	40,28 %	48,2 %	55,82 %