SOLØR RØRSERVICE AS

2270 FLISA

Finances

Return on Equity

−1,34 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 006 000	13 436 000	11 710 000	7 450 000
Net Income	−21 000	44 000	232 000	−147 000
Total Assets	3 648 000	5 062 000	4 357 000	1 983 000
Total Equity	1 567 000	1 588 000	1 544 000	1 313 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 006 000	13 436 000	11 710 000	7 450 000
Expenditure	11 033 000	13 385 000	11 482 000	7 605 000
Operating Profit	−27 000	50 000	227 000	−155 000
Financial Income	11 000	6 000	20 000	14 000
Financial Costs	5 000	5 000	5 000	6 000
Financial Balance	6 000	1 000	15 000	8 000
Earnings Before Tax	−21 000	51 000	242 000	−147 000
Tax	0	7 000	10 000	0
Net Income	−21 000	44 000	232 000	−147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	476 000	382 000	143 000
Total Current Assets	3 299 000	4 586 000	3 975 000	1 840 000
Total Assets	3 648 000	5 062 000	4 357 000	1 983 000
Total Retained Equity	1 387 000	1 408 000	1 364 000	1 133 000
Total Equity	1 567 000	1 588 000	1 544 000	1 313 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 080 000	3 474 000	2 812 000	671 000
Total Equity and Debt	3 648 000	5 062 000	4 357 000	1 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 006 000	13 387 000	11 706 000	7 443 000
Other Income	0	49 000	4 000	7 000
Revenue	11 006 000	13 436 000	11 710 000	7 450 000
Cost of Goods Sold	3 602 000	4 883 000	3 646 000	2 355 000
Salary Costs	5 967 000	7 132 000	6 454 000	4 079 000
Depreciation	128 000	105 000	76 000	31 000
Impairment	0	0	0	0
Expenditure	11 033 000	13 385 000	11 482 000	7 605 000
Operating Profit	−27 000	50 000	227 000	−155 000
Financial Income	11 000	6 000	20 000	14 000
Financial Costs	5 000	5 000	5 000	6 000
Financial Balance	6 000	1 000	15 000	8 000
Dividends	0	0	0	0
Net Income	−21 000	44 000	232 000	−147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	328 000	456 000	362 000	123 000
Total Tangible Assets	328 000	456 000	362 000	123 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	348 000	476 000	382 000	143 000
Stock	895 000	799 000	1 073 000	730 000
Total Investments	0	0	0	0
Cash, Bank	926 000	1 079 000	1 651 000	295 000
Total Current Assets	3 299 000	4 586 000	3 975 000	1 840 000
Total Assets	3 648 000	5 062 000	4 357 000	1 983 000
Total Equity	1 567 000	1 588 000	1 544 000	1 313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	658 000	729 000	326 000	−199 000
Unpaid Taxes	855 000	1 010 000	854 000	494 000
Dividends	0	0	0	0
Other Current Debt	567 000	1 728 000	1 621 000	376 000
Total Current Debt	2 080 000	3 474 000	2 812 000	671 000
Total Equity and Debt	3 648 000	5 062 000	4 357 000	1 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,34 %	2,77 %	15,03 %	−11,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,25 %	0,37 %	1,94 %	−2,08 %
Current Ratio	1,59	1,32	1,41	2,74
Quick Ratio	2,78	1,71	2,29	−31,19
Equity Ratio	0,43	0,31	0,35	0,66
Gross Profit Margin	67,27 %	63,66 %	68,86 %	68,39 %