SOLHEIM RØR AS

5419 FITJAR

Finances

Return on Equity

−3,13 %

Current Ratio

0,85

Debt-to-Equity Ratio

21,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 681 000	4 354 000	1 960 000	2 815 000
Net Income	−1 000	193 000	−58 000	−113 000
Total Assets	2 097 000	2 019 000	841 000	673 000
Total Equity	32 000	33 000	−160 000	−103 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 681 000	4 354 000	1 960 000	2 815 000
Expenditure	3 632 000	4 150 000	2 008 000	2 897 000
Operating Profit	48 000	204 000	−47 000	−82 000
Financial Income	10 000	6 000	6 000	7 000
Financial Costs	59 000	17 000	17 000	38 000
Financial Balance	−49 000	−11 000	−11 000	−31 000
Earnings Before Tax	−1 000	193 000	−58 000	−113 000
Tax	0	0	0	0
Net Income	−1 000	193 000	−58 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	919 000	1 030 000	76 000	77 000
Total Current Assets	1 178 000	989 000	765 000	597 000
Total Assets	2 097 000	2 019 000	841 000	673 000
Total Retained Equity	−73 000	−72 000	−266 000	−208 000
Total Equity	32 000	33 000	−160 000	−103 000
Total Long-Term Debt	678 000	827 000	0	0
Total Current Debt	1 387 000	1 159 000	1 001 000	776 000
Total Equity and Debt	2 097 000	2 019 000	841 000	673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 621 000	4 273 000	1 960 000	2 820 000
Other Income	60 000	81 000	0	−5 000
Revenue	3 681 000	4 354 000	1 960 000	2 815 000
Cost of Goods Sold	1 524 000	1 832 000	846 000	1 156 000
Salary Costs	1 727 000	1 895 000	722 000	1 196 000
Depreciation	99 000	23 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	3 632 000	4 150 000	2 008 000	2 897 000
Operating Profit	48 000	204 000	−47 000	−82 000
Financial Income	10 000	6 000	6 000	7 000
Financial Costs	59 000	17 000	17 000	38 000
Financial Balance	−49 000	−11 000	−11 000	−31 000
Dividends	0	0	0	0
Net Income	−1 000	193 000	−58 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	424 000	472 000	0	0
Fixtures	438 000	489 000	19 000	22 000
Total Tangible Assets	862 000	961 000	19 000	22 000
Total Fiancial Fixed Assets	57 000	70 000	57 000	55 000
Total Fixed Assets	919 000	1 030 000	76 000	77 000
Stock	193 000	182 000	162 000	148 000
Total Investments	0	0	0	0
Cash, Bank	113 000	66 000	91 000	−34 000
Total Current Assets	1 178 000	989 000	765 000	597 000
Total Assets	2 097 000	2 019 000	841 000	673 000
Total Equity	32 000	33 000	−160 000	−103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	678 000	827 000	0	0
Creditors	721 000	399 000	623 000	347 000
Unpaid Taxes	299 000	381 000	120 000	144 000
Dividends	0	0	0	0
Other Current Debt	367 000	380 000	258 000	285 000
Total Current Debt	1 387 000	1 159 000	1 001 000	776 000
Total Equity and Debt	2 097 000	2 019 000	841 000	673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,13 %	584,85 %	36,25 %	109,71 %
Debt-to-Equity Ratio	21,19	25,06	−0	−0
Operating Profit Margin	1,3 %	4,69 %	−2,4 %	−2,91 %
Current Ratio	0,85	0,85	0,76	0,77
Quick Ratio	0,99	1,01	0,91	0,95
Equity Ratio	0,02	0,02	−0,19	−0,15
Gross Profit Margin	58,6 %	57,92 %	56,84 %	58,93 %