SOLØR NORSK BIOENERGI AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

10,87 %

Current Ratio

0,13

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 938 000	78 729 000	41 237 000	44 991 000
Net Income	4 111 000	11 317 000	2 829 000	1 446 000
Total Assets	517 693 000	415 001 000	278 055 000	196 987 000
Total Equity	37 826 000	55 313 000	40 232 000	24 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 938 000	78 729 000	41 237 000	44 991 000
Expenditure	84 506 000	58 944 000	33 741 000	37 970 000
Operating Profit	15 027 000	19 785 000	7 496 000	7 020 000
Financial Income	189 000	23 000	177 000	289 000
Financial Costs	9 209 000	7 238 000	3 441 000	5 667 000
Financial Balance	−9 020 000	−7 215 000	−3 264 000	−5 378 000
Earnings Before Tax	6 006 000	12 570 000	4 232 000	1 642 000
Tax	1 895 000	1 253 000	1 403 000	196 000
Net Income	4 111 000	11 317 000	2 829 000	1 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	469 294 000	382 809 000	268 893 000	179 889 000
Total Current Assets	48 400 000	32 192 000	9 162 000	17 098 000
Total Assets	517 693 000	415 001 000	278 055 000	196 987 000
Total Retained Equity	8 607 000	26 094 000	11 013 000	8 185 000
Total Equity	37 826 000	55 313 000	40 232 000	24 094 000
Total Long-Term Debt	93 037 000	316 425 000	209 116 000	140 958 000
Total Current Debt	386 830 000	43 263 000	28 707 000	31 935 000
Total Equity and Debt	517 693 000	415 001 000	278 055 000	196 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 519 000	78 729 000	41 237 000	44 991 000
Other Income	420 000	0	0	0
Revenue	100 938 000	78 729 000	41 237 000	44 991 000
Cost of Goods Sold	59 879 000	41 670 000	25 628 000	26 340 000
Salary Costs	3 130 000	366 000	800 000	892 000
Depreciation	12 730 000	11 610 000	5 198 000	9 686 000
Impairment	0	0	0	0
Expenditure	84 506 000	58 944 000	33 741 000	37 970 000
Operating Profit	15 027 000	19 785 000	7 496 000	7 020 000
Financial Income	189 000	23 000	177 000	289 000
Financial Costs	9 209 000	7 238 000	3 441 000	5 667 000
Financial Balance	−9 020 000	−7 215 000	−3 264 000	−5 378 000
Dividends	0	0	0	0
Net Income	4 111 000	11 317 000	2 829 000	1 446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	382 793 000	204 027 000	119 813 000
Machinery and Plant Facilities	468 724 000	0	0	0
Fixtures	554 000	0	55 906 000	54 588 000
Total Tangible Assets	469 278 000	382 793 000	259 933 000	174 401 000
Total Fiancial Fixed Assets	16 000	16 000	8 960 000	5 488 000
Total Fixed Assets	469 294 000	382 809 000	268 893 000	179 889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 788 000	6 713 000	0	64 000
Total Current Assets	48 400 000	32 192 000	9 162 000	17 098 000
Total Assets	517 693 000	415 001 000	278 055 000	196 987 000
Total Equity	37 826 000	55 313 000	40 232 000	24 094 000
Short-Term Group Debt	356 509 000	0	0	0
Total Long-Term Debt	93 037 000	316 425 000	209 116 000	140 958 000
Creditors	26 039 000	30 537 000	21 470 000	27 078 000
Unpaid Taxes	392 000	34 000	544 000	100 000
Dividends	0	0	0	0
Other Current Debt	3 890 000	4 698 000	3 639 000	1 420 000
Total Current Debt	386 830 000	43 263 000	28 707 000	31 935 000
Total Equity and Debt	517 693 000	415 001 000	278 055 000	196 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,87 %	20,46 %	7,03 %	6 %
Debt-to-Equity Ratio	2,46	5,72	5,2	5,85
Operating Profit Margin	14,89 %	25,13 %	18,18 %	15,6 %
Current Ratio	0,13	0,74	0,32	0,54
Quick Ratio	0,13	0,74	0,32	0,54
Equity Ratio	0,07	0,13	0,14	0,12
Gross Profit Margin	40,68 %	47,07 %	37,85 %	41,45 %