SOLØR BIOENERGI UTILITY SOLUTIONS AS

2830 RAUFOSS

Finances

Share Ownership

Return on Equity

47,52 %

Current Ratio

1,54

Debt-to-Equity Ratio

2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 726 000	93 792 000	82 450 000	87 525 000
Net Income	4 585 000	5 030 000	1 407 000	1 467 000
Total Assets	58 874 000	57 467 000	55 672 000	59 496 000
Total Equity	9 648 000	7 591 000	7 052 000	7 916 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 726 000	93 792 000	82 450 000	87 525 000
Expenditure	89 683 000	86 492 000	80 154 000	82 100 000
Operating Profit	7 043 000	7 300 000	2 297 000	5 426 000
Financial Income	103 000	37 000	695 000	1 116 000
Financial Costs	1 264 000	857 000	1 164 000	4 628 000
Financial Balance	−1 161 000	−820 000	−469 000	−3 512 000
Earnings Before Tax	5 882 000	6 480 000	1 829 000	1 914 000
Tax	1 297 000	1 450 000	422 000	447 000
Net Income	4 585 000	5 030 000	1 407 000	1 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 467 000	24 639 000	5 690 000	8 351 000
Total Current Assets	32 407 000	32 829 000	49 982 000	51 146 000
Total Assets	58 874 000	57 467 000	55 672 000	59 496 000
Total Retained Equity	8 327 000	6 269 000	5 730 000	6 595 000
Total Equity	9 648 000	7 591 000	7 052 000	7 916 000
Total Long-Term Debt	28 127 000	29 474 000	31 381 000	31 458 000
Total Current Debt	21 099 000	20 403 000	17 239 000	20 122 000
Total Equity and Debt	58 874 000	57 467 000	55 672 000	59 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 583 000	93 792 000	82 450 000	87 525 000
Other Income	144 000	0	0	0
Revenue	96 726 000	93 792 000	82 450 000	87 525 000
Cost of Goods Sold	34 763 000	48 788 000	41 553 000	47 045 000
Salary Costs	17 103 000	16 519 000	16 738 000	15 060 000
Depreciation	4 071 000	3 442 000	2 223 000	2 303 000
Impairment	0	0	0	0
Expenditure	89 683 000	86 492 000	80 154 000	82 100 000
Operating Profit	7 043 000	7 300 000	2 297 000	5 426 000
Financial Income	103 000	37 000	695 000	1 116 000
Financial Costs	1 264 000	857 000	1 164 000	4 628 000
Financial Balance	−1 161 000	−820 000	−469 000	−3 512 000
Dividends	0	0	0	0
Net Income	4 585 000	5 030 000	1 407 000	1 467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	574 000	1 147 000
Total Intangible Assets	1 630 000	2 864 000	4 737 000	6 479 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 837 000	21 775 000	953 000	1 277 000
Total Tangible Assets	24 837 000	21 775 000	953 000	1 277 000
Total Fiancial Fixed Assets	0	0	0	594 000
Total Fixed Assets	26 467 000	24 639 000	5 690 000	8 351 000
Stock	1 367 000	768 000	770 000	687 000
Total Investments	0	0	0	0
Cash, Bank	4 621 000	5 695 000	19 958 000	20 553 000
Total Current Assets	32 407 000	32 829 000	49 982 000	51 146 000
Total Assets	58 874 000	57 467 000	55 672 000	59 496 000
Total Equity	9 648 000	7 591 000	7 052 000	7 916 000
Short-Term Group Debt	5 237 000	4 547 000	8 421 000	5 842 000
Total Long-Term Debt	28 127 000	29 474 000	31 381 000	31 458 000
Creditors	11 663 000	6 165 000	2 683 000	6 399 000
Unpaid Taxes	1 273 000	1 241 000	1 893 000	2 327 000
Dividends	0	0	0	0
Other Current Debt	2 926 000	8 449 000	4 242 000	5 553 000
Total Current Debt	21 099 000	20 403 000	17 239 000	20 122 000
Total Equity and Debt	58 874 000	57 467 000	55 672 000	59 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,52 %	66,26 %	19,95 %	18,53 %
Debt-to-Equity Ratio	2,92	3,88	4,45	3,97
Operating Profit Margin	7,28 %	7,78 %	2,79 %	6,2 %
Current Ratio	1,54	1,61	2,9	2,54
Quick Ratio	1,64	1,67	3,03	2,63
Equity Ratio	0,16	0,13	0,13	0,13
Gross Profit Margin	64,06 %	47,98 %	49,6 %	46,25 %