SOLHEIM SKOGKULTUR AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

100 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 000	155 000	144 000	37 000
Net Income	87 000	122 000	103 000	32 000
Total Assets	438 000	523 000	484 000	348 000
Total Equity	87 000	292 000	401 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 000	155 000	144 000	37 000
Expenditure	21 000	32 000	35 000	29 000
Operating Profit	111 000	123 000	109 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	111 000	122 000	108 000	6 000
Tax	24 000	0	6 000	−26 000
Net Income	87 000	122 000	103 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	438 000	523 000	484 000	348 000
Total Assets	438 000	523 000	484 000	348 000
Total Retained Equity	87 000	262 000	371 000	298 000
Total Equity	87 000	292 000	401 000	328 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	351 000	231 000	83 000	20 000
Total Equity and Debt	438 000	523 000	484 000	348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 000	155 000	144 000	37 000
Other Income	0	0	0	0
Revenue	132 000	155 000	144 000	37 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	32 000	35 000	29 000
Operating Profit	111 000	123 000	109 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	87 000	122 000	103 000	32 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	290 000	252 000	258 000
Total Current Assets	438 000	523 000	484 000	348 000
Total Assets	438 000	523 000	484 000	348 000
Total Equity	87 000	292 000	401 000	328 000
Short-Term Group Debt	0	19 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	87 000	−6 000	−1 000
Unpaid Taxes	−5 000	33 000	39 000	15 000
Dividends	0	0	0	0
Other Current Debt	363 000	0	62 000	41 000
Total Current Debt	351 000	231 000	83 000	20 000
Total Equity and Debt	438 000	523 000	484 000	348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100 %	41,78 %	25,69 %	9,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	84,09 %	79,35 %	75,69 %	21,62 %
Current Ratio	1,25	2,26	5,83	17,4
Quick Ratio	1,25	2,26	5,83	17,4
Equity Ratio	0,2	0,56	0,83	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %