SOLGÅRDS AUTO AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

33,28 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 017 000	7 404 000	6 420 000	6 046 000
Net Income	225 000	421 000	213 000	373 000
Total Assets	1 556 000	1 656 000	1 394 000	1 144 000
Total Equity	676 000	451 000	460 000	447 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 017 000	7 404 000	6 420 000	6 046 000
Expenditure	6 776 000	6 844 000	6 123 000	5 588 000
Operating Profit	289 000	537 000	275 000	479 000
Financial Income	0	4 000	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	3 000	−1 000	0
Earnings Before Tax	289 000	540 000	274 000	479 000
Tax	64 000	119 000	61 000	106 000
Net Income	225 000	421 000	213 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	104 000	45 000	99 000
Total Current Assets	1 331 000	1 552 000	1 349 000	1 045 000
Total Assets	1 556 000	1 656 000	1 394 000	1 144 000
Total Retained Equity	646 000	421 000	430 000	429 000
Total Equity	676 000	451 000	460 000	447 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	880 000	1 205 000	933 000	697 000
Total Equity and Debt	1 556 000	1 656 000	1 394 000	1 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 976 000	7 374 000	6 419 000	6 043 000
Other Income	40 000	30 000	0	3 000
Revenue	7 017 000	7 404 000	6 420 000	6 046 000
Cost of Goods Sold	2 653 000	2 792 000	2 247 000	2 050 000
Salary Costs	2 723 000	2 772 000	2 663 000	2 340 000
Depreciation	63 000	15 000	67 000	61 000
Impairment	0	0	0	0
Expenditure	6 776 000	6 844 000	6 123 000	5 588 000
Operating Profit	289 000	537 000	275 000	479 000
Financial Income	0	4 000	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	3 000	−1 000	0
Dividends	0	430 000	200 000	300 000
Net Income	225 000	421 000	213 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	9 000	21 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 000	9 000
Fixtures	214 000	95 000	23 000	77 000
Total Tangible Assets	214 000	95 000	24 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	226 000	104 000	45 000	99 000
Stock	148 000	99 000	121 000	144 000
Total Investments	3 000	0	0	0
Cash, Bank	1 016 000	1 182 000	1 036 000	646 000
Total Current Assets	1 331 000	1 552 000	1 349 000	1 045 000
Total Assets	1 556 000	1 656 000	1 394 000	1 144 000
Total Equity	676 000	451 000	460 000	447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	243 000	87 000	86 000	96 000
Unpaid Taxes	209 000	262 000	279 000	241 000
Dividends	0	430 000	200 000	300 000
Other Current Debt	361 000	319 000	300 000	248 000
Total Current Debt	880 000	1 205 000	933 000	697 000
Total Equity and Debt	1 556 000	1 656 000	1 394 000	1 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,28 %	93,35 %	46,3 %	83,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,12 %	7,25 %	4,28 %	7,92 %
Current Ratio	1,51	1,29	1,45	1,5
Quick Ratio	1,82	1,4	1,66	1,89
Equity Ratio	0,43	0,27	0,33	0,39
Gross Profit Margin	62,19 %	62,29 %	65 %	66,09 %