SOLSKO AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

−87,35 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 399 000	2 445 000	1 840 000	5 356 000
Net Income	−815 000	118 000	−497 000	−157 000
Total Assets	1 842 000	1 828 000	1 584 000	2 398 000
Total Equity	933 000	747 000	629 000	1 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 399 000	2 445 000	1 840 000	5 356 000
Expenditure	3 100 000	2 310 000	2 267 000	5 453 000
Operating Profit	−700 000	136 000	−427 000	−98 000
Financial Income	13 000	31 000	3 000	48 000
Financial Costs	127 000	49 000	73 000	108 000
Financial Balance	−114 000	−18 000	−70 000	−60 000
Earnings Before Tax	−815 000	118 000	−497 000	−157 000
Tax	0	0	0	0
Net Income	−815 000	118 000	−497 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	15 000	40 000
Total Current Assets	1 842 000	1 824 000	1 569 000	2 358 000
Total Assets	1 842 000	1 828 000	1 584 000	2 398 000
Total Retained Equity	−3 567 000	−2 753 000	−2 871 000	−2 373 000
Total Equity	933 000	747 000	629 000	1 127 000
Total Long-Term Debt	0	0	0	18 000
Total Current Debt	909 000	1 081 000	955 000	1 254 000
Total Equity and Debt	1 842 000	1 828 000	1 584 000	2 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 025 000	2 171 000	1 449 000	4 772 000
Other Income	374 000	275 000	391 000	584 000
Revenue	2 399 000	2 445 000	1 840 000	5 356 000
Cost of Goods Sold	1 821 000	1 325 000	972 000	3 478 000
Salary Costs	327 000	253 000	203 000	556 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	3 100 000	2 310 000	2 267 000	5 453 000
Operating Profit	−700 000	136 000	−427 000	−98 000
Financial Income	13 000	31 000	3 000	48 000
Financial Costs	127 000	49 000	73 000	108 000
Financial Balance	−114 000	−18 000	−70 000	−60 000
Dividends	0	0	0	0
Net Income	−815 000	118 000	−497 000	−157 000

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	0	4 000	8 000	12 000
Total Tangible Assets	0	4 000	8 000	12 000
Total Fiancial Fixed Assets	0	0	7 000	28 000
Total Fixed Assets	0	4 000	15 000	40 000
Stock	1 690 000	1 714 000	1 297 000	1 888 000
Total Investments	0	0	0	0
Cash, Bank	7 000	10 000	2 000	9 000
Total Current Assets	1 842 000	1 824 000	1 569 000	2 358 000
Total Assets	1 842 000	1 828 000	1 584 000	2 398 000
Total Equity	933 000	747 000	629 000	1 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	18 000
Creditors	270 000	106 000	132 000	280 000
Unpaid Taxes	63 000	81 000	52 000	126 000
Dividends	0	0	0	0
Other Current Debt	420 000	880 000	421 000	713 000
Total Current Debt	909 000	1 081 000	955 000	1 254 000
Total Equity and Debt	1 842 000	1 828 000	1 584 000	2 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,35 %	15,8 %	−79,01 %	−13,93 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−29,18 %	5,56 %	−23,21 %	−1,83 %
Current Ratio	2,03	1,69	1,64	1,88
Quick Ratio	−2,36	−2,88	−4,59	−3,72
Equity Ratio	0,51	0,41	0,4	0,47
Gross Profit Margin	24,09 %	45,81 %	47,17 %	35,06 %