SOLØR BIOENERGI AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

24,7 %

Current Ratio

10,08

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	138 671 000	121 303 000	131 382 000	116 673 000
Net Income	67 352 000	11 631 000	24 920 000	−28 849 000
Total Assets	699 134 000	265 791 000	224 602 000	282 950 000
Total Equity	272 709 000	118 749 000	103 571 000	91 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	138 671 000	121 303 000	131 382 000	116 673 000
Expenditure	105 075 000	105 099 000	102 126 000	143 229 000
Operating Profit	33 595 000	16 203 000	29 257 000	−26 557 000
Financial Income	58 314 000	577 000	1 199 000	4 762 000
Financial Costs	56 417 000	6 149 000	5 535 000	7 054 000
Financial Balance	1 897 000	−5 572 000	−4 336 000	−2 292 000
Earnings Before Tax	35 492 000	10 631 000	24 920 000	−28 849 000
Tax	−31 861 000	−1 000 000	0	0
Net Income	67 352 000	11 631 000	24 920 000	−28 849 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	469 517 000	216 996 000	153 640 000	145 768 000
Total Current Assets	229 617 000	48 795 000	70 963 000	137 183 000
Total Assets	699 134 000	265 791 000	224 602 000	282 950 000
Total Retained Equity	0	−446 827 000	−458 459 000	−470 817 000
Total Equity	272 709 000	118 749 000	103 571 000	91 213 000
Total Long-Term Debt	403 647 000	111 855 000	103 471 000	256 000
Total Current Debt	22 778 000	35 187 000	17 560 000	191 481 000
Total Equity and Debt	699 134 000	265 791 000	224 602 000	282 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 880 000	120 796 000	110 523 000	116 262 000
Other Income	1 791 000	507 000	20 859 000	411 000
Revenue	138 671 000	121 303 000	131 382 000	116 673 000
Cost of Goods Sold	27 337 000	31 685 000	27 229 000	32 731 000
Salary Costs	17 902 000	15 811 000	14 298 000	15 666 000
Depreciation	21 638 000	12 762 000	13 516 000	12 786 000
Impairment	0	0	0	0
Expenditure	105 075 000	105 099 000	102 126 000	143 229 000
Operating Profit	33 595 000	16 203 000	29 257 000	−26 557 000
Financial Income	58 314 000	577 000	1 199 000	4 762 000
Financial Costs	56 417 000	6 149 000	5 535 000	7 054 000
Financial Balance	1 897 000	−5 572 000	−4 336 000	−2 292 000
Dividends	0	0	0	0
Net Income	67 352 000	11 631 000	24 920 000	−28 849 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 346 000	508 000	669 000	831 000
Real Eastate	108 737 000	12 494 000	8 872 000	4 078 000
Machinery and Plant Facilities	203 368 000	134 491 000	140 295 000	136 177 000
Fixtures	825 000	1 577 000	1 348 000	143 000
Total Tangible Assets	446 833 000	214 167 000	152 472 000	144 416 000
Total Fiancial Fixed Assets	338 000	2 321 000	498 000	520 000
Total Fixed Assets	469 517 000	216 996 000	153 640 000	145 768 000
Stock	12 770 000	13 334 000	18 608 000	10 749 000
Total Investments	0	0	0	0
Cash, Bank	5 974 000	7 604 000	10 861 000	670 000
Total Current Assets	229 617 000	48 795 000	70 963 000	137 183 000
Total Assets	699 134 000	265 791 000	224 602 000	282 950 000
Total Equity	272 709 000	118 749 000	103 571 000	91 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	403 647 000	111 855 000	103 471 000	256 000
Creditors	15 205 000	6 421 000	7 652 000	7 827 000
Unpaid Taxes	3 728 000	1 138 000	2 946 000	1 102 000
Dividends	0	0	0	0
Other Current Debt	3 848 000	26 271 000	4 845 000	5 075 000
Total Current Debt	22 778 000	35 187 000	17 560 000	191 481 000
Total Equity and Debt	699 134 000	265 791 000	224 602 000	282 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,7 %	9,79 %	24,06 %	−31,63 %
Debt-to-Equity Ratio	1,48	0,94	1	0
Operating Profit Margin	24,23 %	13,36 %	22,27 %	−22,76 %
Current Ratio	10,08	1,39	4,04	0,72
Quick Ratio	22,94	2,23	−67,71	0,76
Equity Ratio	0,39	0,45	0,46	0,32
Gross Profit Margin	80,29 %	73,88 %	79,27 %	71,95 %