SOLUM PUKKVERK AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−9,38 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 402 000	18 584 000	26 346 000	18 457 000
Net Income	−224 000	−579 000	−83 000	−570 000
Total Assets	17 746 000	19 304 000	13 126 000	18 150 000
Total Equity	2 388 000	2 612 000	2 382 000	2 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 402 000	18 584 000	26 346 000	18 457 000
Expenditure	29 460 000	18 804 000	26 414 000	18 974 000
Operating Profit	−59 000	−220 000	−68 000	−517 000
Financial Income	6 000	0	204 000	42 000
Financial Costs	233 000	523 000	197 000	250 000
Financial Balance	−227 000	−523 000	7 000	−208 000
Earnings Before Tax	−287 000	−743 000	−61 000	−726 000
Tax	−63 000	−163 000	22 000	−156 000
Net Income	−224 000	−579 000	−83 000	−570 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 747 000	7 937 000	4 062 000	3 721 000
Total Current Assets	11 999 000	11 368 000	9 063 000	14 429 000
Total Assets	17 746 000	19 304 000	13 126 000	18 150 000
Total Retained Equity	−369 000	−145 000	434 000	517 000
Total Equity	2 388 000	2 612 000	2 382 000	2 465 000
Total Long-Term Debt	3 630 000	4 920 000	2 300 000	1 838 000
Total Current Debt	11 728 000	11 772 000	8 443 000	13 847 000
Total Equity and Debt	17 746 000	19 304 000	13 126 000	18 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 252 000	18 006 000	23 889 000	17 765 000
Other Income	150 000	578 000	2 456 000	692 000
Revenue	29 402 000	18 584 000	26 346 000	18 457 000
Cost of Goods Sold	15 962 000	6 131 000	12 001 000	5 658 000
Salary Costs	2 567 000	2 999 000	3 386 000	3 747 000
Depreciation	2 253 000	1 656 000	1 097 000	1 448 000
Impairment	0	0	0	0
Expenditure	29 460 000	18 804 000	26 414 000	18 974 000
Operating Profit	−59 000	−220 000	−68 000	−517 000
Financial Income	6 000	0	204 000	42 000
Financial Costs	233 000	523 000	197 000	250 000
Financial Balance	−227 000	−523 000	7 000	−208 000
Dividends	0	0	0	0
Net Income	−224 000	−579 000	−83 000	−570 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	944 000	881 000	946 000	967 000
Real Eastate	897 000	1 213 000	1 662 000	2 341 000
Machinery and Plant Facilities	3 889 000	5 771 000	1 349 000	266 000
Fixtures	17 000	72 000	106 000	146 000
Total Tangible Assets	4 803 000	7 056 000	3 117 000	2 753 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 747 000	7 937 000	4 062 000	3 721 000
Stock	8 947 000	6 056 000	6 992 000	12 149 000
Total Investments	0	0	0	0
Cash, Bank	707 000	652 000	524 000	456 000
Total Current Assets	11 999 000	11 368 000	9 063 000	14 429 000
Total Assets	17 746 000	19 304 000	13 126 000	18 150 000
Total Equity	2 388 000	2 612 000	2 382 000	2 465 000
Short-Term Group Debt	0	3 450 000	2 900 000	6 100 000
Total Long-Term Debt	3 630 000	4 920 000	2 300 000	1 838 000
Creditors	6 522 000	4 049 000	575 000	3 059 000
Unpaid Taxes	161 000	632 000	592 000	516 000
Dividends	0	0	0	0
Other Current Debt	2 827 000	1 310 000	2 196 000	1 261 000
Total Current Debt	11 728 000	11 772 000	8 443 000	13 847 000
Total Equity and Debt	17 746 000	19 304 000	13 126 000	18 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,38 %	−22,17 %	−3,48 %	−23,12 %
Debt-to-Equity Ratio	1,52	1,88	0,97	0,75
Operating Profit Margin	−0,2 %	−1,18 %	−0,26 %	−2,8 %
Current Ratio	1,02	0,97	1,07	1,04
Quick Ratio	4,31	1,99	6,25	8,5
Equity Ratio	0,13	0,14	0,18	0,14
Gross Profit Margin	45,71 %	67,01 %	54,45 %	69,34 %