SOLBAKKEN AUTOMASJON AS

6387 VÅGSTRANDA

Finances

Share Ownership

Return on Equity

−14,98 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 805 000	12 838 000	42 262 000	8 618 000
Net Income	−197 000	−406 000	2 760 000	760 000
Total Assets	4 796 000	3 169 000	10 794 000	2 973 000
Total Equity	1 315 000	1 511 000	1 918 000	1 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 805 000	12 838 000	42 262 000	8 618 000
Expenditure	10 037 000	14 058 000	38 710 000	7 637 000
Operating Profit	−233 000	−515 000	3 551 000	981 000
Financial Income	0	73 000	18 000	4 000
Financial Costs	15 000	74 000	31 000	3 000
Financial Balance	−15 000	−1 000	−13 000	1 000
Earnings Before Tax	−248 000	−515 000	3 539 000	982 000
Tax	−51 000	−109 000	779 000	222 000
Net Income	−197 000	−406 000	2 760 000	760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	620 000	507 000	324 000	83 000
Total Current Assets	4 176 000	2 661 000	10 470 000	2 890 000
Total Assets	4 796 000	3 169 000	10 794 000	2 973 000
Total Retained Equity	1 215 000	1 411 000	1 818 000	1 057 000
Total Equity	1 315 000	1 511 000	1 918 000	1 157 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	3 481 000	1 658 000	8 875 000	1 815 000
Total Equity and Debt	4 796 000	3 169 000	10 794 000	2 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 805 000	12 838 000	42 262 000	8 618 000
Other Income	0	0	0	0
Revenue	9 805 000	12 838 000	42 262 000	8 618 000
Cost of Goods Sold	3 683 000	6 373 000	33 102 000	3 290 000
Salary Costs	4 119 000	4 706 000	3 169 000	2 847 000
Depreciation	114 000	82 000	31 000	7 000
Impairment	0	0	0	0
Expenditure	10 037 000	14 058 000	38 710 000	7 637 000
Operating Profit	−233 000	−515 000	3 551 000	981 000
Financial Income	0	73 000	18 000	4 000
Financial Costs	15 000	74 000	31 000	3 000
Financial Balance	−15 000	−1 000	−13 000	1 000
Dividends	0	0	2 000 000	0
Net Income	−197 000	−406 000	2 760 000	760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	158 000	107 000	0	0
Real Eastate	152 000	176 000	199 000	13 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	302 000	212 000	107 000	40 000
Total Tangible Assets	453 000	387 000	306 000	53 000
Total Fiancial Fixed Assets	8 000	13 000	18 000	30 000
Total Fixed Assets	620 000	507 000	324 000	83 000
Stock	1 428 000	649 000	469 000	422 000
Total Investments	0	0	0	0
Cash, Bank	3 000	869 000	640 000	1 116 000
Total Current Assets	4 176 000	2 661 000	10 470 000	2 890 000
Total Assets	4 796 000	3 169 000	10 794 000	2 973 000
Total Equity	1 315 000	1 511 000	1 918 000	1 157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	1 581 000	603 000	4 411 000	185 000
Unpaid Taxes	448 000	284 000	1 031 000	795 000
Dividends	0	0	2 000 000	0
Other Current Debt	1 452 000	770 000	656 000	621 000
Total Current Debt	3 481 000	1 658 000	8 875 000	1 815 000
Total Equity and Debt	4 796 000	3 169 000	10 794 000	2 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,98 %	−26,87 %	143,9 %	65,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,38 %	−4,01 %	8,4 %	11,38 %
Current Ratio	1,2	1,6	1,18	1,59
Quick Ratio	2,03	2,64	1,25	2,07
Equity Ratio	0,27	0,48	0,18	0,39
Gross Profit Margin	62,44 %	50,36 %	21,67 %	61,82 %