SOL TRAFIKKSKULE AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

−11,05 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 063 000	8 406 000	6 621 000	4 082 000
Net Income	−398 000	691 000	912 000	369 000
Total Assets	7 325 000	9 296 000	9 176 000	3 453 000
Total Equity	3 602 000	4 000 000	3 609 000	2 696 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 063 000	8 406 000	6 621 000	4 082 000
Expenditure	6 499 000	7 431 000	5 437 000	3 609 000
Operating Profit	−435 000	975 000	1 186 000	473 000
Financial Income	16 000	0	0	1 000
Financial Costs	90 000	90 000	16 000	1 000
Financial Balance	−74 000	−90 000	−16 000	0
Earnings Before Tax	−510 000	886 000	1 170 000	473 000
Tax	−112 000	195 000	257 000	104 000
Net Income	−398 000	691 000	912 000	369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 751 000	7 419 000	8 073 000	2 575 000
Total Current Assets	1 574 000	1 877 000	1 103 000	878 000
Total Assets	7 325 000	9 296 000	9 176 000	3 453 000
Total Retained Equity	3 502 000	3 900 000	3 509 000	2 596 000
Total Equity	3 602 000	4 000 000	3 609 000	2 696 000
Total Long-Term Debt	2 751 000	3 348 000	3 785 000	57 000
Total Current Debt	973 000	1 948 000	1 783 000	701 000
Total Equity and Debt	7 325 000	9 296 000	9 176 000	3 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 669 000	8 280 000	6 127 000	3 822 000
Other Income	395 000	126 000	494 000	260 000
Revenue	6 063 000	8 406 000	6 621 000	4 082 000
Cost of Goods Sold	254 000	493 000	363 000	225 000
Salary Costs	2 859 000	3 488 000	2 522 000	1 255 000
Depreciation	1 639 000	1 648 000	958 000	803 000
Impairment	0	0	0	0
Expenditure	6 499 000	7 431 000	5 437 000	3 609 000
Operating Profit	−435 000	975 000	1 186 000	473 000
Financial Income	16 000	0	0	1 000
Financial Costs	90 000	90 000	16 000	1 000
Financial Balance	−74 000	−90 000	−16 000	0
Dividends	0	300 000	0	0
Net Income	−398 000	691 000	912 000	369 000

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	0	0	0	0
Fixtures	5 751 000	7 419 000	8 073 000	2 575 000
Total Tangible Assets	5 751 000	7 419 000	8 073 000	2 575 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 751 000	7 419 000	8 073 000	2 575 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	926 000	1 273 000	633 000	369 000
Total Current Assets	1 574 000	1 877 000	1 103 000	878 000
Total Assets	7 325 000	9 296 000	9 176 000	3 453 000
Total Equity	3 602 000	4 000 000	3 609 000	2 696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 751 000	3 348 000	3 785 000	57 000
Creditors	344 000	844 000	512 000	247 000
Unpaid Taxes	190 000	284 000	249 000	113 000
Dividends	0	300 000	0	0
Other Current Debt	439 000	575 000	1 021 000	243 000
Total Current Debt	973 000	1 948 000	1 783 000	701 000
Total Equity and Debt	7 325 000	9 296 000	9 176 000	3 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,05 %	17,28 %	25,27 %	13,69 %
Debt-to-Equity Ratio	0,76	0,84	1,05	0,02
Operating Profit Margin	−7,17 %	11,6 %	17,91 %	11,59 %
Current Ratio	1,62	0,96	0,62	1,25
Quick Ratio	1,62	0,96	0,62	1,25
Equity Ratio	0,49	0,43	0,39	0,78
Gross Profit Margin	95,81 %	94,14 %	94,52 %	94,49 %