SOLBERG EL-SERVICE AS

6859 SLINDA

Finances

Return on Equity

41,36 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 995 000	12 169 000	12 759 000	9 709 000
Net Income	1 604 000	1 515 000	1 226 000	1 620 000
Total Assets	8 532 000	7 796 000	6 841 000	5 013 000
Total Equity	3 878 000	3 774 000	4 259 000	3 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 995 000	12 169 000	12 759 000	9 709 000
Expenditure	11 824 000	10 200 000	11 181 000	7 638 000
Operating Profit	2 078 000	1 969 000	1 578 000	2 071 000
Financial Income	7 000	16 000	10 000	7 000
Financial Costs	5 000	3 000	1 000	0
Financial Balance	2 000	13 000	9 000	7 000
Earnings Before Tax	2 080 000	1 983 000	1 587 000	2 078 000
Tax	476 000	468 000	361 000	457 000
Net Income	1 604 000	1 515 000	1 226 000	1 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 164 000	1 869 000	2 030 000	624 000
Total Current Assets	6 368 000	5 927 000	4 811 000	4 389 000
Total Assets	8 532 000	7 796 000	6 841 000	5 013 000
Total Retained Equity	3 848 000	3 744 000	4 229 000	3 003 000
Total Equity	3 878 000	3 774 000	4 259 000	3 033 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	4 654 000	4 022 000	2 582 000	1 975 000
Total Equity and Debt	8 532 000	7 796 000	6 841 000	5 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 760 000	12 191 000	12 605 000	9 727 000
Other Income	235 000	−22 000	153 000	−18 000
Revenue	13 995 000	12 169 000	12 759 000	9 709 000
Cost of Goods Sold	6 885 000	4 461 000	5 483 000	3 280 000
Salary Costs	3 779 000	4 397 000	4 375 000	3 435 000
Depreciation	116 000	150 000	194 000	161 000
Impairment	0	0	0	0
Expenditure	11 824 000	10 200 000	11 181 000	7 638 000
Operating Profit	2 078 000	1 969 000	1 578 000	2 071 000
Financial Income	7 000	16 000	10 000	7 000
Financial Costs	5 000	3 000	1 000	0
Financial Balance	2 000	13 000	9 000	7 000
Dividends	1 500 000	1 000 000	0	0
Net Income	1 604 000	1 515 000	1 226 000	1 620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	101 000	0	0	0
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	26 000	260 000	410 000	584 000
Total Tangible Assets	155 000	260 000	410 000	584 000
Total Fiancial Fixed Assets	2 009 000	1 609 000	1 620 000	40 000
Total Fixed Assets	2 164 000	1 869 000	2 030 000	624 000
Stock	413 000	506 000	276 000	240 000
Total Investments	0	0	10 000	10 000
Cash, Bank	2 312 000	2 534 000	1 180 000	1 999 000
Total Current Assets	6 368 000	5 927 000	4 811 000	4 389 000
Total Assets	8 532 000	7 796 000	6 841 000	5 013 000
Total Equity	3 878 000	3 774 000	4 259 000	3 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	1 133 000	1 095 000	404 000	235 000
Unpaid Taxes	1 132 000	884 000	1 156 000	771 000
Dividends	1 500 000	1 000 000	0	0
Other Current Debt	413 000	577 000	656 000	504 000
Total Current Debt	4 654 000	4 022 000	2 582 000	1 975 000
Total Equity and Debt	8 532 000	7 796 000	6 841 000	5 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,36 %	40,14 %	28,79 %	53,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,85 %	16,18 %	12,37 %	21,33 %
Current Ratio	1,37	1,47	1,86	2,22
Quick Ratio	1,5	1,69	2,09	2,53
Equity Ratio	0,45	0,48	0,62	0,61
Gross Profit Margin	50,8 %	63,34 %	57,03 %	66,22 %