SOLØR MEKANISKE VERKSTED AS

2270 FLISA

Finances

Share Ownership

Return on Equity

−14,79 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 830 000	3 568 000	3 756 000	3 460 000
Net Income	−162 000	146 000	292 000	−127 000
Total Assets	2 196 000	1 867 000	1 628 000	1 418 000
Total Equity	1 095 000	1 257 000	1 118 000	825 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 830 000	3 568 000	3 756 000	3 460 000
Expenditure	3 961 000	3 376 000	3 378 000	3 574 000
Operating Profit	−131 000	193 000	379 000	−114 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	32 000	9 000	9 000	15 000
Financial Balance	−31 000	−8 000	−7 000	−14 000
Earnings Before Tax	−162 000	185 000	372 000	−127 000
Tax	0	39 000	80 000	0
Net Income	−162 000	146 000	292 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	309 000	366 000	133 000
Total Current Assets	1 904 000	1 558 000	1 262 000	1 286 000
Total Assets	2 196 000	1 867 000	1 628 000	1 418 000
Total Retained Equity	785 000	947 000	808 000	515 000
Total Equity	1 095 000	1 257 000	1 118 000	825 000
Total Long-Term Debt	239 000	56 000	0	110 000
Total Current Debt	862 000	554 000	510 000	483 000
Total Equity and Debt	2 196 000	1 867 000	1 628 000	1 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 830 000	3 568 000	3 755 000	3 459 000
Other Income	0	1 000	2 000	1 000
Revenue	3 830 000	3 568 000	3 756 000	3 460 000
Cost of Goods Sold	868 000	610 000	408 000	658 000
Salary Costs	1 821 000	1 571 000	1 810 000	1 770 000
Depreciation	68 000	57 000	100 000	103 000
Impairment	0	0	0	0
Expenditure	3 961 000	3 376 000	3 378 000	3 574 000
Operating Profit	−131 000	193 000	379 000	−114 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	32 000	9 000	9 000	15 000
Financial Balance	−31 000	−8 000	−7 000	−14 000
Dividends	0	7 000	0	300 000
Net Income	−162 000	146 000	292 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	241 000	287 000	333 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	22 000	33 000	133 000
Total Tangible Assets	292 000	309 000	366 000	133 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	292 000	309 000	366 000	133 000
Stock	876 000	974 000	813 000	790 000
Total Investments	0	0	0	0
Cash, Bank	76 000	53 000	5 000	177 000
Total Current Assets	1 904 000	1 558 000	1 262 000	1 286 000
Total Assets	2 196 000	1 867 000	1 628 000	1 418 000
Total Equity	1 095 000	1 257 000	1 118 000	825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	239 000	56 000	0	110 000
Creditors	337 000	161 000	135 000	139 000
Unpaid Taxes	319 000	214 000	139 000	179 000
Dividends	0	7 000	0	300 000
Other Current Debt	206 000	140 000	156 000	166 000
Total Current Debt	862 000	554 000	510 000	483 000
Total Equity and Debt	2 196 000	1 867 000	1 628 000	1 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,79 %	11,61 %	26,12 %	−15,39 %
Debt-to-Equity Ratio	0,22	0,04	0	0,13
Operating Profit Margin	−3,42 %	5,41 %	10,09 %	−3,29 %
Current Ratio	2,21	2,81	2,47	2,66
Quick Ratio	−136	−3,71	−4,17	−4,19
Equity Ratio	0,5	0,67	0,69	0,58
Gross Profit Margin	77,34 %	82,9 %	89,14 %	80,98 %