SOLSIDEN BILVASK AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

33,25 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 892 000	3 286 000	3 434 000	3 385 000
Net Income	910 000	592 000	799 000	823 000
Total Assets	5 013 000	4 536 000	4 194 000	3 899 000
Total Equity	2 737 000	2 108 000	1 746 000	1 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 892 000	3 286 000	3 434 000	3 385 000
Expenditure	2 665 000	2 468 000	2 355 000	2 304 000
Operating Profit	1 227 000	818 000	1 079 000	1 081 000
Financial Income	7 000	1 000	1 000	1 000
Financial Costs	68 000	59 000	56 000	25 000
Financial Balance	−61 000	−58 000	−55 000	−24 000
Earnings Before Tax	1 166 000	760 000	1 024 000	1 057 000
Tax	257 000	169 000	225 000	234 000
Net Income	910 000	592 000	799 000	823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 729 000	2 823 000	2 444 000	2 427 000
Total Current Assets	2 284 000	1 712 000	1 750 000	1 472 000
Total Assets	5 013 000	4 536 000	4 194 000	3 899 000
Total Retained Equity	2 627 000	1 998 000	1 636 000	1 226 000
Total Equity	2 737 000	2 108 000	1 746 000	1 336 000
Total Long-Term Debt	1 104 000	1 644 000	1 550 000	1 587 000
Total Current Debt	1 172 000	784 000	899 000	975 000
Total Equity and Debt	5 013 000	4 536 000	4 194 000	3 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 766 000	3 242 000	3 308 000	3 332 000
Other Income	126 000	45 000	126 000	53 000
Revenue	3 892 000	3 286 000	3 434 000	3 385 000
Cost of Goods Sold	70 000	54 000	44 000	43 000
Salary Costs	1 898 000	1 750 000	1 632 000	1 767 000
Depreciation	94 000	84 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	2 665 000	2 468 000	2 355 000	2 304 000
Operating Profit	1 227 000	818 000	1 079 000	1 081 000
Financial Income	7 000	1 000	1 000	1 000
Financial Costs	68 000	59 000	56 000	25 000
Financial Balance	−61 000	−58 000	−55 000	−24 000
Dividends	280 000	0	0	0
Net Income	910 000	592 000	799 000	823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	0	2 000
Real Eastate	2 353 000	2 353 000	2 353 000	2 353 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	367 000	460 000	91 000	72 000
Total Tangible Assets	2 719 000	2 813 000	2 444 000	2 425 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 729 000	2 823 000	2 444 000	2 427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 988 000	1 712 000	1 749 000	1 362 000
Total Current Assets	2 284 000	1 712 000	1 750 000	1 472 000
Total Assets	5 013 000	4 536 000	4 194 000	3 899 000
Total Equity	2 737 000	2 108 000	1 746 000	1 336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 104 000	1 644 000	1 550 000	1 587 000
Creditors	16 000	21 000	70 000	15 000
Unpaid Taxes	245 000	216 000	214 000	232 000
Dividends	280 000	0	0	0
Other Current Debt	655 000	363 000	398 000	492 000
Total Current Debt	1 172 000	784 000	899 000	975 000
Total Equity and Debt	5 013 000	4 536 000	4 194 000	3 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,25 %	28,08 %	45,76 %	61,6 %
Debt-to-Equity Ratio	0,4	0,78	0,89	1,19
Operating Profit Margin	31,53 %	24,89 %	31,42 %	31,94 %
Current Ratio	1,95	2,18	1,95	1,51
Quick Ratio	1,95	2,18	1,95	1,51
Equity Ratio	0,55	0,46	0,42	0,34
Gross Profit Margin	98,2 %	98,36 %	98,72 %	98,73 %