SØLEN HYTTER OG TORVTAK AS

2485 RENDALEN

Finances

Share Ownership

Return on Equity

−16,41 %

Current Ratio

7,13

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	384 000	1 247 000	3 266 000	1 436 000
Net Income	−346 000	70 000	1 109 000	332 000
Total Assets	2 480 000	2 968 000	3 460 000	1 902 000
Total Equity	2 108 000	2 454 000	2 584 000	1 475 000

Income (NOK)	2022	2021	2020	2019
Revenue	384 000	1 247 000	3 266 000	1 436 000
Expenditure	729 000	1 149 000	1 899 000	1 212 000
Operating Profit	−344 000	99 000	1 435 000	410 000
Financial Income	5 000	2 000	0	1 000
Financial Costs	8 000	7 000	10 000	2 000
Financial Balance	−3 000	−5 000	−10 000	−1 000
Earnings Before Tax	−346 000	95 000	1 426 000	409 000
Tax	0	24 000	317 000	76 000
Net Income	−346 000	70 000	1 109 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	211 000	238 000	265 000
Total Current Assets	2 296 000	2 757 000	3 221 000	1 636 000
Total Assets	2 480 000	2 968 000	3 460 000	1 902 000
Total Retained Equity	2 007 000	2 353 000	2 483 000	1 374 000
Total Equity	2 108 000	2 454 000	2 584 000	1 475 000
Total Long-Term Debt	50 000	150 000	250 000	0
Total Current Debt	322 000	364 000	626 000	427 000
Total Equity and Debt	2 480 000	2 968 000	3 460 000	1 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	384 000	1 247 000	3 266 000	1 436 000
Other Income	0	0	0	0
Revenue	384 000	1 247 000	3 266 000	1 436 000
Cost of Goods Sold	125 000	272 000	1 510 000	306 000
Salary Costs	413 000	675 000	174 000	702 000
Depreciation	27 000	27 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	729 000	1 149 000	1 899 000	1 212 000
Operating Profit	−344 000	99 000	1 435 000	410 000
Financial Income	5 000	2 000	0	1 000
Financial Costs	8 000	7 000	10 000	2 000
Financial Balance	−3 000	−5 000	−10 000	−1 000
Dividends	0	200 000	0	0
Net Income	−346 000	70 000	1 109 000	332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	175 000	189 000	203 000	217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	22 000	35 000	48 000
Total Tangible Assets	184 000	211 000	238 000	265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	184 000	211 000	238 000	265 000
Stock	57 000	12 000	19 000	727 000
Total Investments	0	0	0	0
Cash, Bank	2 234 000	2 742 000	3 199 000	903 000
Total Current Assets	2 296 000	2 757 000	3 221 000	1 636 000
Total Assets	2 480 000	2 968 000	3 460 000	1 902 000
Total Equity	2 108 000	2 454 000	2 584 000	1 475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	150 000	250 000	0
Creditors	25 000	15 000	30 000	18 000
Unpaid Taxes	56 000	75 000	106 000	116 000
Dividends	0	200 000	0	0
Other Current Debt	241 000	250 000	172 000	216 000
Total Current Debt	322 000	364 000	626 000	427 000
Total Equity and Debt	2 480 000	2 968 000	3 460 000	1 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,41 %	2,85 %	42,92 %	22,51 %
Debt-to-Equity Ratio	0,02	0,06	0,1	0
Operating Profit Margin	−89,58 %	7,94 %	43,94 %	28,55 %
Current Ratio	7,13	7,57	5,15	3,83
Quick Ratio	8,66	7,83	5,31	−5,45
Equity Ratio	0,85	0,83	0,75	0,78
Gross Profit Margin	67,45 %	78,19 %	53,77 %	78,69 %