SOLENERGI FUSEN AS

0661 OSLO

Finances

Return on Equity

15,97 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	125 503 000	45 670 000	48 909 000	45 134 000
Net Income	4 360 000	−2 487 000	1 137 000	383 000
Total Assets	57 779 000	34 154 000	34 282 000	15 315 000
Total Equity	27 308 000	23 839 000	26 771 000	3 890 000

Income (NOK)	2022	2021	2020	2019
Revenue	125 503 000	45 670 000	48 909 000	45 134 000
Expenditure	120 396 000	48 340 000	47 583 000	44 517 000
Operating Profit	5 107 000	−2 670 000	1 325 000	617 000
Financial Income	1 385 000	446 000	442 000	140 000
Financial Costs	1 634 000	263 000	276 000	323 000
Financial Balance	−249 000	183 000	166 000	−183 000
Earnings Before Tax	4 858 000	−2 487 000	1 491 000	434 000
Tax	499 000	0	354 000	51 000
Net Income	4 360 000	−2 487 000	1 137 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 796 000	2 111 000	195 000	70 000
Total Current Assets	55 983 000	32 043 000	34 087 000	15 245 000
Total Assets	57 779 000	34 154 000	34 282 000	15 315 000
Total Retained Equity	3 469 000	0	1 410 000	1 163 000
Total Equity	27 308 000	23 839 000	26 771 000	3 890 000
Total Long-Term Debt	0	0	0	3 000 000
Total Current Debt	30 471 000	10 315 000	7 511 000	8 425 000
Total Equity and Debt	57 779 000	34 154 000	34 282 000	15 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 503 000	45 670 000	48 730 000	45 006 000
Other Income	0	0	179 000	129 000
Revenue	125 503 000	45 670 000	48 909 000	45 134 000
Cost of Goods Sold	95 062 000	33 239 000	35 014 000	31 944 000
Salary Costs	18 605 000	11 458 000	9 810 000	8 623 000
Depreciation	238 000	104 000	4 000	0
Impairment	0	0	0	0
Expenditure	120 396 000	48 340 000	47 583 000	44 517 000
Operating Profit	5 107 000	−2 670 000	1 325 000	617 000
Financial Income	1 385 000	446 000	442 000	140 000
Financial Costs	1 634 000	263 000	276 000	323 000
Financial Balance	−249 000	183 000	166 000	−183 000
Dividends	890 000	445 000	890 000	5 290 000
Net Income	4 360 000	−2 487 000	1 137 000	383 000

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	810 000	991 000	125 000	0
Total Tangible Assets	810 000	991 000	125 000	0
Total Fiancial Fixed Assets	986 000	1 120 000	70 000	70 000
Total Fixed Assets	1 796 000	2 111 000	195 000	70 000
Stock	7 486 000	470 000	0	0
Total Investments	0	10 037 000	10 000 000	0
Cash, Bank	34 261 000	7 324 000	16 399 000	6 688 000
Total Current Assets	55 983 000	32 043 000	34 087 000	15 245 000
Total Assets	57 779 000	34 154 000	34 282 000	15 315 000
Total Equity	27 308 000	23 839 000	26 771 000	3 890 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000 000
Creditors	4 542 000	2 229 000	803 000	1 157 000
Unpaid Taxes	4 115 000	3 140 000	1 765 000	1 251 000
Dividends	890 000	445 000	890 000	5 290 000
Other Current Debt	20 425 000	4 502 000	3 698 000	5 676 000
Total Current Debt	30 471 000	10 315 000	7 511 000	8 425 000
Total Equity and Debt	57 779 000	34 154 000	34 282 000	15 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,97 %	−10,43 %	4,25 %	9,85 %
Debt-to-Equity Ratio	0	0	0	0,77
Operating Profit Margin	4,07 %	−5,85 %	2,71 %	1,37 %
Current Ratio	1,84	3,11	4,54	1,81
Quick Ratio	2,44	3,25	4,54	1,81
Equity Ratio	0,47	0,7	0,78	0,25
Gross Profit Margin	24,26 %	27,22 %	28,41 %	29,22 %