SOLØR TREIMPREGNERING AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

−18 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 365 000	11 720 000	23 298 000	3 801 000
Net Income	−2 169 000	3 823 000	7 248 000	−2 504 000
Total Assets	22 306 000	25 667 000	39 886 000	22 350 000
Total Equity	12 048 000	14 217 000	14 394 000	11 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 365 000	11 720 000	23 298 000	3 801 000
Expenditure	7 569 000	10 422 000	19 240 000	6 381 000
Operating Profit	−2 205 000	1 299 000	4 059 000	−2 580 000
Financial Income	35 000	3 352 000	4 520 000	4 000
Financial Costs	611 000	645 000	478 000	634 000
Financial Balance	−576 000	2 707 000	4 042 000	−630 000
Earnings Before Tax	−2 780 000	4 005 000	8 101 000	−3 211 000
Tax	−612 000	182 000	853 000	−706 000
Net Income	−2 169 000	3 823 000	7 248 000	−2 504 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 154 000	16 878 000	17 953 000	19 329 000
Total Current Assets	6 152 000	8 790 000	21 932 000	3 022 000
Total Assets	22 306 000	25 667 000	39 886 000	22 350 000
Total Retained Equity	−1 735 000	433 000	611 000	−2 637 000
Total Equity	12 048 000	14 217 000	14 394 000	11 146 000
Total Long-Term Debt	5 678 000	6 436 000	6 720 000	6 750 000
Total Current Debt	4 580 000	5 015 000	18 771 000	4 455 000
Total Equity and Debt	22 306 000	25 667 000	39 886 000	22 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 365 000	11 720 000	23 298 000	3 801 000
Other Income	0	0	0	0
Revenue	5 365 000	11 720 000	23 298 000	3 801 000
Cost of Goods Sold	4 042 000	6 214 000	14 353 000	0
Salary Costs	0	0	0	0
Depreciation	1 365 000	1 352 000	1 313 000	1 262 000
Impairment	0	0	0	0
Expenditure	7 569 000	10 422 000	19 240 000	6 381 000
Operating Profit	−2 205 000	1 299 000	4 059 000	−2 580 000
Financial Income	35 000	3 352 000	4 520 000	4 000
Financial Costs	611 000	645 000	478 000	634 000
Financial Balance	−576 000	2 707 000	4 042 000	−630 000
Dividends	0	4 000 000	4 000 000	0
Net Income	−2 169 000	3 823 000	7 248 000	−2 504 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	320 000	0	0	744 000
Real Eastate	6 014 000	6 307 000	6 315 000	6 001 000
Machinery and Plant Facilities	5 948 000	6 714 000	7 771 000	8 765 000
Fixtures	53 000	38 000	49 000	0
Total Tangible Assets	12 015 000	13 059 000	14 134 000	14 766 000
Total Fiancial Fixed Assets	3 819 000	3 819 000	3 819 000	3 819 000
Total Fixed Assets	16 154 000	16 878 000	17 953 000	19 329 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 147 000	4 234 000	5 216 000	393 000
Total Current Assets	6 152 000	8 790 000	21 932 000	3 022 000
Total Assets	22 306 000	25 667 000	39 886 000	22 350 000
Total Equity	12 048 000	14 217 000	14 394 000	11 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 678 000	6 436 000	6 720 000	6 750 000
Creditors	60 000	1 090 000	14 648 000	2 637 000
Unpaid Taxes	0	−85 000	72 000	0
Dividends	0	4 000 000	4 000 000	0
Other Current Debt	4 520 000	9 000	51 000	1 818 000
Total Current Debt	4 580 000	5 015 000	18 771 000	4 455 000
Total Equity and Debt	22 306 000	25 667 000	39 886 000	22 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18 %	26,89 %	50,35 %	−22,47 %
Debt-to-Equity Ratio	0,47	0,45	0,47	0,61
Operating Profit Margin	−41,1 %	11,08 %	17,42 %	−67,88 %
Current Ratio	1,34	1,75	1,17	0,68
Quick Ratio	1,34	1,75	1,17	0,68
Equity Ratio	0,54	0,55	0,36	0,5
Gross Profit Margin	24,66 %	46,98 %	38,39 %	100 %