SOLIDITAS AS

1560 LARKOLLEN

Finances

Share Ownership

Return on Equity

25,79 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 130 000	1 771 000	1 378 000	1 694 000
Net Income	65 000	77 000	11 000	19 000
Total Assets	513 000	642 000	325 000	435 000
Total Equity	252 000	187 000	110 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 130 000	1 771 000	1 378 000	1 694 000
Expenditure	2 050 000	1 671 000	1 352 000	1 664 000
Operating Profit	80 000	100 000	26 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	3 000	4 000
Financial Balance	0	−1 000	−3 000	−4 000
Earnings Before Tax	80 000	98 000	23 000	27 000
Tax	16 000	22 000	12 000	8 000
Net Income	65 000	77 000	11 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	13 000	60 000
Total Current Assets	513 000	642 000	312 000	375 000
Total Assets	513 000	642 000	325 000	435 000
Total Retained Equity	222 000	157 000	80 000	69 000
Total Equity	252 000	187 000	110 000	99 000
Total Long-Term Debt	0	0	13 000	43 000
Total Current Debt	261 000	455 000	201 000	294 000
Total Equity and Debt	513 000	642 000	325 000	435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 130 000	1 771 000	1 378 000	1 694 000
Other Income	0	0	0	0
Revenue	2 130 000	1 771 000	1 378 000	1 694 000
Cost of Goods Sold	868 000	766 000	375 000	503 000
Salary Costs	912 000	644 000	722 000	885 000
Depreciation	0	13 000	47 000	46 000
Impairment	0	0	0	0
Expenditure	2 050 000	1 671 000	1 352 000	1 664 000
Operating Profit	80 000	100 000	26 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	3 000	4 000
Financial Balance	0	−1 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	65 000	77 000	11 000	19 000

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	13 000	60 000
Total Tangible Assets	0	0	13 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	13 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	480 000	591 000	272 000	131 000
Total Current Assets	513 000	642 000	312 000	375 000
Total Assets	513 000	642 000	325 000	435 000
Total Equity	252 000	187 000	110 000	99 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	13 000	43 000
Creditors	57 000	239 000	65 000	113 000
Unpaid Taxes	107 000	133 000	53 000	95 000
Dividends	0	0	0	0
Other Current Debt	81 000	61 000	72 000	76 000
Total Current Debt	261 000	455 000	201 000	294 000
Total Equity and Debt	513 000	642 000	325 000	435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,79 %	41,18 %	10 %	19,19 %
Debt-to-Equity Ratio	0	0	0,12	0,43
Operating Profit Margin	3,76 %	5,65 %	1,89 %	1,77 %
Current Ratio	1,97	1,41	1,55	1,28
Quick Ratio	1,97	1,41	1,55	1,28
Equity Ratio	0,49	0,29	0,34	0,23
Gross Profit Margin	59,25 %	56,75 %	72,79 %	70,31 %