SOLSTRAND TRADING AS

6393 TOMREFJORD

Finances

Share Ownership

Return on Equity

172,21 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 333 000	7 450 000	5 586 000	1 690 000
Net Income	3 520 000	1 772 000	1 624 000	−380 000
Total Assets	11 573 000	6 452 000	3 714 000	1 729 000
Total Equity	2 044 000	1 524 000	952 000	−172 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 333 000	7 450 000	5 586 000	1 690 000
Expenditure	3 812 000	5 172 000	3 475 000	2 167 000
Operating Profit	4 521 000	2 277 000	2 111 000	−477 000
Financial Income	11 000	0	3 000	1 000
Financial Costs	12 000	4 000	25 000	11 000
Financial Balance	−1 000	−4 000	−22 000	−10 000
Earnings Before Tax	4 520 000	2 273 000	2 089 000	−486 000
Tax	1 000 000	501 000	465 000	−107 000
Net Income	3 520 000	1 772 000	1 624 000	−380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	20 000	2 000	109 000
Total Current Assets	11 538 000	6 432 000	3 712 000	1 620 000
Total Assets	11 573 000	6 452 000	3 714 000	1 729 000
Total Retained Equity	1 944 000	1 424 000	852 000	−272 000
Total Equity	2 044 000	1 524 000	952 000	−172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 530 000	4 928 000	2 763 000	1 901 000
Total Equity and Debt	11 573 000	6 452 000	3 714 000	1 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 333 000	7 450 000	5 586 000	1 690 000
Other Income	0	0	0	0
Revenue	8 333 000	7 450 000	5 586 000	1 690 000
Cost of Goods Sold	1 859 000	2 905 000	1 309 000	564 000
Salary Costs	1 436 000	1 802 000	1 680 000	1 077 000
Depreciation	10 000	1 000	0	12 000
Impairment	0	0	0	0
Expenditure	3 812 000	5 172 000	3 475 000	2 167 000
Operating Profit	4 521 000	2 277 000	2 111 000	−477 000
Financial Income	11 000	0	3 000	1 000
Financial Costs	12 000	4 000	25 000	11 000
Financial Balance	−1 000	−4 000	−22 000	−10 000
Dividends	3 000 000	1 200 000	500 000	0
Net Income	3 520 000	1 772 000	1 624 000	−380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	2 000	109 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	19 000	0	0
Total Tangible Assets	36 000	19 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	20 000	2 000	109 000
Stock	3 587 000	1 862 000	1 335 000	1 060 000
Total Investments	0	0	0	0
Cash, Bank	7 145 000	1 989 000	2 366 000	483 000
Total Current Assets	11 538 000	6 432 000	3 712 000	1 620 000
Total Assets	11 573 000	6 452 000	3 714 000	1 729 000
Total Equity	2 044 000	1 524 000	952 000	−172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	20 000	34 000	27 000
Unpaid Taxes	403 000	327 000	432 000	248 000
Dividends	3 000 000	1 200 000	500 000	0
Other Current Debt	4 913 000	2 882 000	1 438 000	1 626 000
Total Current Debt	9 530 000	4 928 000	2 763 000	1 901 000
Total Equity and Debt	11 573 000	6 452 000	3 714 000	1 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,21 %	116,27 %	170,59 %	220,93 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	54,25 %	30,56 %	37,79 %	−28,22 %
Current Ratio	1,21	1,31	1,34	0,85
Quick Ratio	1,94	2,1	2,6	1,93
Equity Ratio	0,18	0,24	0,26	−0,1
Gross Profit Margin	77,69 %	61,01 %	76,57 %	66,63 %