SOLUNGEN AS

1484 HAKADAL

Finances

Return on Equity

22,59 %

Current Ratio

4,23

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 206 000	1 127 000	1 127 000	1 505 000
Net Income	391 000	505 000	4 409 000	964 000
Total Assets	2 025 000	3 668 000	6 114 000	2 784 000
Total Equity	1 731 000	1 341 000	1 436 000	1 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 206 000	1 127 000	1 127 000	1 505 000
Expenditure	1 169 000	1 168 000	1 273 000	1 048 000
Operating Profit	38 000	−42 000	−146 000	457 000
Financial Income	385 000	575 000	4 601 000	570 000
Financial Costs	16 000	28 000	30 000	43 000
Financial Balance	369 000	547 000	4 571 000	527 000
Earnings Before Tax	408 000	505 000	4 425 000	983 000
Tax	17 000	0	15 000	19 000
Net Income	391 000	505 000	4 409 000	964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 174 000	1 297 000	1 387 000	1 484 000
Total Current Assets	851 000	2 371 000	4 727 000	1 300 000
Total Assets	2 025 000	3 668 000	6 114 000	2 784 000
Total Retained Equity	1 611 000	1 221 000	1 316 000	1 106 000
Total Equity	1 731 000	1 341 000	1 436 000	1 226 000
Total Long-Term Debt	92 000	369 000	646 000	785 000
Total Current Debt	201 000	1 958 000	4 032 000	773 000
Total Equity and Debt	2 025 000	3 668 000	6 114 000	2 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 206 000	1 127 000	776 000	1 255 000
Other Income	0	0	351 000	250 000
Revenue	1 206 000	1 127 000	1 127 000	1 505 000
Cost of Goods Sold	15 000	18 000	5 000	28 000
Salary Costs	200 000	190 000	235 000	196 000
Depreciation	90 000	90 000	100 000	133 000
Impairment	0	0	0	0
Expenditure	1 169 000	1 168 000	1 273 000	1 048 000
Operating Profit	38 000	−42 000	−146 000	457 000
Financial Income	385 000	575 000	4 601 000	570 000
Financial Costs	16 000	28 000	30 000	43 000
Financial Balance	369 000	547 000	4 571 000	527 000
Dividends	0	600 000	3 600 000	600 000
Net Income	391 000	505 000	4 409 000	964 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	25 000	50 000	75 000
Total Intangible Assets	0	25 000	50 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	90 000	155 000	230 000
Total Tangible Assets	25 000	90 000	155 000	230 000
Total Fiancial Fixed Assets	1 149 000	1 182 000	1 182 000	1 179 000
Total Fixed Assets	1 174 000	1 297 000	1 387 000	1 484 000
Stock	0	0	0	0
Total Investments	2 000	2 000	1 000	1 000
Cash, Bank	342 000	1 155 000	165 000	246 000
Total Current Assets	851 000	2 371 000	4 727 000	1 300 000
Total Assets	2 025 000	3 668 000	6 114 000	2 784 000
Total Equity	1 731 000	1 341 000	1 436 000	1 226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 000	369 000	646 000	785 000
Creditors	38 000	13 000	193 000	24 000
Unpaid Taxes	15 000	21 000	11 000	90 000
Dividends	0	600 000	3 600 000	600 000
Other Current Debt	130 000	1 325 000	213 000	41 000
Total Current Debt	201 000	1 958 000	4 032 000	773 000
Total Equity and Debt	2 025 000	3 668 000	6 114 000	2 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,59 %	37,66 %	307,03 %	78,63 %
Debt-to-Equity Ratio	0,05	0,28	0,45	0,64
Operating Profit Margin	3,15 %	−3,73 %	−12,95 %	30,37 %
Current Ratio	4,23	1,21	1,17	1,68
Quick Ratio	4,23	1,21	1,17	1,68
Equity Ratio	0,85	0,37	0,23	0,44
Gross Profit Margin	98,76 %	98,4 %	99,56 %	98,14 %