SOLBERG SERVICE AS

5709 VOSS

Finances

Share Ownership

Return on Equity

−7,34 %

Current Ratio

0,76

Debt-to-Equity Ratio

3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	909 000	1 161 000	1 146 000	1 348 000
Net Income	−73 000	156 000	−62 000	168 000
Total Assets	4 933 000	5 121 000	4 996 000	4 970 000
Total Equity	994 000	1 068 000	912 000	973 000

Income (NOK)	2022	2021	2020	2019
Revenue	909 000	1 161 000	1 146 000	1 348 000
Expenditure	845 000	911 000	1 124 000	1 024 000
Operating Profit	63 000	251 000	23 000	325 000
Financial Income	1 000	10 000	1 000	0
Financial Costs	109 000	96 000	103 000	110 000
Financial Balance	−108 000	−86 000	−102 000	−110 000
Earnings Before Tax	−46 000	165 000	−79 000	216 000
Tax	28 000	9 000	−17 000	47 000
Net Income	−73 000	156 000	−62 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 293 000	4 293 000	4 293 000	4 446 000
Total Current Assets	640 000	828 000	703 000	524 000
Total Assets	4 933 000	5 121 000	4 996 000	4 970 000
Total Retained Equity	393 000	467 000	310 000	372 000
Total Equity	994 000	1 068 000	912 000	973 000
Total Long-Term Debt	3 091 000	3 244 000	3 462 000	3 589 000
Total Current Debt	847 000	809 000	622 000	408 000
Total Equity and Debt	4 933 000	5 121 000	4 996 000	4 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	723 000	667 000	827 000	1 025 000
Other Income	186 000	494 000	319 000	323 000
Revenue	909 000	1 161 000	1 146 000	1 348 000
Cost of Goods Sold	41 000	81 000	244 000	64 000
Salary Costs	50 000	147 000	243 000	430 000
Depreciation	0	0	7 000	27 000
Impairment	0	0	0	0
Expenditure	845 000	911 000	1 124 000	1 024 000
Operating Profit	63 000	251 000	23 000	325 000
Financial Income	1 000	10 000	1 000	0
Financial Costs	109 000	96 000	103 000	110 000
Financial Balance	−108 000	−86 000	−102 000	−110 000
Dividends	0	0	0	0
Net Income	−73 000	156 000	−62 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 293 000	4 293 000	4 293 000	4 293 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	153 000
Total Tangible Assets	4 293 000	4 293 000	4 293 000	4 446 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 293 000	4 293 000	4 293 000	4 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	312 000	328 000	331 000	480 000
Total Current Assets	640 000	828 000	703 000	524 000
Total Assets	4 933 000	5 121 000	4 996 000	4 970 000
Total Equity	994 000	1 068 000	912 000	973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 091 000	3 244 000	3 462 000	3 589 000
Creditors	46 000	37 000	0	0
Unpaid Taxes	20 000	36 000	69 000	200 000
Dividends	0	0	0	0
Other Current Debt	781 000	714 000	553 000	164 000
Total Current Debt	847 000	809 000	622 000	408 000
Total Equity and Debt	4 933 000	5 121 000	4 996 000	4 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,34 %	14,61 %	−6,8 %	17,27 %
Debt-to-Equity Ratio	3,11	3,04	3,8	3,69
Operating Profit Margin	6,93 %	21,62 %	2,01 %	24,11 %
Current Ratio	0,76	1,02	1,13	1,28
Quick Ratio	0,76	1,02	1,13	1,28
Equity Ratio	0,2	0,21	0,18	0,2
Gross Profit Margin	95,49 %	93,02 %	78,71 %	95,25 %