SOLV AS

4313 SANDNES

Finances

Return on Equity

14,1 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 040 000	48 012 000	32 879 000	28 772 000
Net Income	662 000	1 070 000	2 276 000	978 000
Total Assets	15 977 000	18 703 000	12 242 000	8 480 000
Total Equity	4 695 000	4 728 000	4 075 000	2 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 040 000	48 012 000	32 879 000	28 772 000
Expenditure	50 820 000	46 917 000	30 356 000	27 973 000
Operating Profit	219 000	1 096 000	2 524 000	800 000
Financial Income	683 000	266 000	439 000	480 000
Financial Costs	50 000	27 000	36 000	20 000
Financial Balance	633 000	239 000	403 000	460 000
Earnings Before Tax	853 000	1 335 000	2 926 000	1 260 000
Tax	191 000	265 000	650 000	282 000
Net Income	662 000	1 070 000	2 276 000	978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 237 000	918 000	4 535 000	996 000
Total Current Assets	14 740 000	17 785 000	7 707 000	7 483 000
Total Assets	15 977 000	18 703 000	12 242 000	8 480 000
Total Retained Equity	4 156 000	4 193 000	2 642 000	1 531 000
Total Equity	4 695 000	4 728 000	4 075 000	2 970 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 283 000	13 975 000	8 167 000	5 509 000
Total Equity and Debt	15 977 000	18 703 000	12 242 000	8 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 040 000	48 012 000	32 800 000	28 742 000
Other Income	0	0	79 000	29 000
Revenue	51 040 000	48 012 000	32 879 000	28 772 000
Cost of Goods Sold	3 128 000	6 150 000	2 955 000	939 000
Salary Costs	40 842 000	35 743 000	23 671 000	23 629 000
Depreciation	465 000	279 000	175 000	80 000
Impairment	0	0	0	0
Expenditure	50 820 000	46 917 000	30 356 000	27 973 000
Operating Profit	219 000	1 096 000	2 524 000	800 000
Financial Income	683 000	266 000	439 000	480 000
Financial Costs	50 000	27 000	36 000	20 000
Financial Balance	633 000	239 000	403 000	460 000
Dividends	0	0	0	0
Net Income	662 000	1 070 000	2 276 000	978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	86 000	97 000	13 000	478 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	902 000	572 000	360 000	419 000
Total Tangible Assets	902 000	572 000	360 000	419 000
Total Fiancial Fixed Assets	250 000	250 000	4 162 000	100 000
Total Fixed Assets	1 237 000	918 000	4 535 000	996 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 986 000	5 005 000	1 177 000	2 908 000
Total Current Assets	14 740 000	17 785 000	7 707 000	7 483 000
Total Assets	15 977 000	18 703 000	12 242 000	8 480 000
Total Equity	4 695 000	4 728 000	4 075 000	2 970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 536 000	3 230 000	363 000	541 000
Unpaid Taxes	4 828 000	4 616 000	2 905 000	2 675 000
Dividends	0	0	0	0
Other Current Debt	4 788 000	6 077 000	3 516 000	2 293 000
Total Current Debt	11 283 000	13 975 000	8 167 000	5 509 000
Total Equity and Debt	15 977 000	18 703 000	12 242 000	8 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,1 %	22,63 %	55,85 %	32,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,43 %	2,28 %	7,68 %	2,78 %
Current Ratio	1,31	1,27	0,94	1,36
Quick Ratio	1,31	1,27	0,94	1,36
Equity Ratio	0,29	0,25	0,33	0,35
Gross Profit Margin	93,87 %	87,19 %	91,01 %	96,74 %