O. B. SOLVANG AGENTUR AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

29,2 %

Current Ratio

3,19

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 345 000	1 474 000	1 469 000	2 205 000
Net Income	676 000	409 000	90 000	82 000
Total Assets	5 212 000	4 281 000	3 882 000	3 666 000
Total Equity	2 315 000	1 939 000	1 530 000	1 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 345 000	1 474 000	1 469 000	2 205 000
Expenditure	1 480 000	949 000	1 355 000	2 108 000
Operating Profit	865 000	524 000	113 000	96 000
Financial Income	5 000	0	3 000	9 000
Financial Costs	1 000	1 000	0	0
Financial Balance	4 000	−1 000	3 000	9 000
Earnings Before Tax	869 000	524 000	116 000	106 000
Tax	193 000	115 000	25 000	23 000
Net Income	676 000	409 000	90 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 252 000	2 386 000	2 446 000	2 580 000
Total Current Assets	2 960 000	1 894 000	1 437 000	1 086 000
Total Assets	5 212 000	4 281 000	3 882 000	3 666 000
Total Retained Equity	2 215 000	1 839 000	1 430 000	1 340 000
Total Equity	2 315 000	1 939 000	1 530 000	1 440 000
Total Long-Term Debt	1 970 000	1 954 000	1 891 000	1 897 000
Total Current Debt	927 000	387 000	461 000	329 000
Total Equity and Debt	5 212 000	4 281 000	3 882 000	3 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	320 000	105 000	266 000	275 000
Other Income	2 025 000	1 369 000	1 202 000	1 929 000
Revenue	2 345 000	1 474 000	1 469 000	2 205 000
Cost of Goods Sold	164 000	102 000	181 000	259 000
Salary Costs	629 000	197 000	344 000	838 000
Depreciation	134 000	134 000	134 000	134 000
Impairment	0	0	0	0
Expenditure	1 480 000	949 000	1 355 000	2 108 000
Operating Profit	865 000	524 000	113 000	96 000
Financial Income	5 000	0	3 000	9 000
Financial Costs	1 000	1 000	0	0
Financial Balance	4 000	−1 000	3 000	9 000
Dividends	300 000	0	0	0
Net Income	676 000	409 000	90 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 905 000	0	0	0
Total Intangible Assets	1 905 000	1 905 000	1 830 000	1 830 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	347 000	481 000	616 000	750 000
Total Tangible Assets	347 000	481 000	616 000	750 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 252 000	2 386 000	2 446 000	2 580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 723 000	1 786 000	1 235 000	997 000
Total Current Assets	2 960 000	1 894 000	1 437 000	1 086 000
Total Assets	5 212 000	4 281 000	3 882 000	3 666 000
Total Equity	2 315 000	1 939 000	1 530 000	1 440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 970 000	1 954 000	1 891 000	1 897 000
Creditors	258 000	223 000	399 000	252 000
Unpaid Taxes	93 000	6 000	0	44 000
Dividends	300 000	0	0	0
Other Current Debt	68 000	31 000	31 000	12 000
Total Current Debt	927 000	387 000	461 000	329 000
Total Equity and Debt	5 212 000	4 281 000	3 882 000	3 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,2 %	21,09 %	5,88 %	5,69 %
Debt-to-Equity Ratio	0,85	1,01	1,24	1,32
Operating Profit Margin	36,89 %	35,55 %	7,69 %	4,35 %
Current Ratio	3,19	4,89	3,12	3,3
Quick Ratio	3,19	4,89	3,12	3,3
Equity Ratio	0,44	0,45	0,39	0,39
Gross Profit Margin	93,01 %	93,08 %	87,68 %	88,25 %