SOILTECH ASA

4313 SANDNES

Finances

Return on Equity

10,25 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 170 000	136 646 000	81 923 000	65 361 000
Net Income	14 648 000	10 888 000	3 108 000	2 690 000
Total Assets	276 492 000	212 844 000	147 567 000	136 604 000
Total Equity	142 953 000	113 249 000	92 886 000	89 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 170 000	136 646 000	81 923 000	65 361 000
Expenditure	155 774 000	121 090 000	76 752 000	61 065 000
Operating Profit	22 396 000	15 557 000	5 171 000	4 296 000
Financial Income	1 214 000	461 000	567 000	644 000
Financial Costs	4 819 000	1 743 000	1 840 000	1 477 000
Financial Balance	−3 605 000	−1 282 000	−1 273 000	−833 000
Earnings Before Tax	18 791 000	14 275 000	3 898 000	3 463 000
Tax	4 143 000	3 388 000	790 000	774 000
Net Income	14 648 000	10 888 000	3 108 000	2 690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 132 000	123 231 000	96 849 000	86 921 000
Total Current Assets	76 360 000	89 613 000	50 718 000	49 683 000
Total Assets	276 492 000	212 844 000	147 567 000	136 604 000
Total Retained Equity	57 132 000	42 485 000	31 460 000	28 352 000
Total Equity	142 953 000	113 249 000	92 886 000	89 778 000
Total Long-Term Debt	80 672 000	63 530 000	45 392 000	36 063 000
Total Current Debt	52 867 000	36 064 000	9 289 000	10 763 000
Total Equity and Debt	276 492 000	212 844 000	147 567 000	136 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 073 000	136 545 000	81 467 000	65 301 000
Other Income	1 097 000	101 000	456 000	59 000
Revenue	178 170 000	136 646 000	81 923 000	65 361 000
Cost of Goods Sold	35 220 000	30 340 000	37 073 000	30 981 000
Salary Costs	88 383 000	62 210 000	15 683 000	12 837 000
Depreciation	14 799 000	11 791 000	9 302 000	6 175 000
Impairment	0	−1 205 000	4 774 000	0
Expenditure	155 774 000	121 090 000	76 752 000	61 065 000
Operating Profit	22 396 000	15 557 000	5 171 000	4 296 000
Financial Income	1 214 000	461 000	567 000	644 000
Financial Costs	4 819 000	1 743 000	1 840 000	1 477 000
Financial Balance	−3 605 000	−1 282 000	−1 273 000	−833 000
Dividends	0	0	0	0
Net Income	14 648 000	10 888 000	3 108 000	2 690 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	5 090 000	0	0	0
Total Intangible Assets	21 968 000	461 000	461 000	786 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	177 426 000	22 663 000	24 286 000	25 483 000
Fixtures	0	99 813 000	70 999 000	59 797 000
Total Tangible Assets	177 426 000	122 476 000	95 285 000	85 280 000
Total Fiancial Fixed Assets	738 000	294 000	1 103 000	855 000
Total Fixed Assets	200 132 000	123 231 000	96 849 000	86 921 000
Stock	237 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 832 000	39 232 000	35 954 000	27 107 000
Total Current Assets	76 360 000	89 613 000	50 718 000	49 683 000
Total Assets	276 492 000	212 844 000	147 567 000	136 604 000
Total Equity	142 953 000	113 249 000	92 886 000	89 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 672 000	63 530 000	45 392 000	36 063 000
Creditors	9 178 000	13 321 000	5 602 000	8 368 000
Unpaid Taxes	7 896 000	7 293 000	980 000	805 000
Dividends	0	0	0	0
Other Current Debt	35 793 000	14 520 000	2 707 000	1 589 000
Total Current Debt	52 867 000	36 064 000	9 289 000	10 763 000
Total Equity and Debt	276 492 000	212 844 000	147 567 000	136 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,25 %	9,61 %	3,35 %	3 %
Debt-to-Equity Ratio	0,56	0,56	0,49	0,4
Operating Profit Margin	12,57 %	11,38 %	6,31 %	6,57 %
Current Ratio	1,44	2,48	5,46	4,62
Quick Ratio	1,45	2,48	5,46	4,62
Equity Ratio	0,52	0,53	0,63	0,66
Gross Profit Margin	80,23 %	77,8 %	54,75 %	52,6 %