TotheGeneralMeetingofSoiltechAS
Opinion
WehaveauditedthefinancialstatementsofSoiltechAS,whichcomprise:
ThefinancialstatementsoftheparentcompanySoiltechAS(theCompany),whichcomprise statementoffinancialpositionasat31December2022,statementofprofitandlossand statementofcashflowfortheyearthenended,andnotestotheconsolidatedfinancial statements,includingasummaryofsignificantaccountingpolicies,and theconsolidatedfinancialstatementsofSoiltechASanditssubsidiaries(theGroup),which comprisethestatementoffinancialpositionasat31December2022,thestatementofprofit andlossandstatementofcashflowfortheyearthenended,andnotestothefinancial statements,includingasummaryofsignificantaccountingpolicies.
Inouropinion
thefinancialstatementscomplywithapplicablestatutoryrequirements, thefinancialstatementsgiveatrueandfairviewofthefinancialpositionoftheCompanyasat 31December2022,anditsfinancialperformanceanditscashflowsfortheyearthenendedin accordancewithNorwegianAccountingActandaccountingstandardsandpracticesgenerally acceptedinNorway,and theconsolidatedfinancialstatementsgiveatrueandfairviewofthefinancialpositionofthe Groupasat31December2022,anditsfinancialperformanceanditscashflowsfortheyear thenendedinaccordancewithNorwegianAccountingActandaccountingstandardsand practicesgenerallyacceptedinNorway.
BasisforOpinion
WeconductedourauditinaccordancewithInternationalStandardsonAuditing(ISAs).Our responsibilitiesunderthosestandardsarefurtherdescribedinthe AuditoftheFinancialStatementssectionofourreport.WeareindependentoftheCompanyandthe GroupasrequiredbyrelevantlawsandregulationsinNorwayandtheInternationalEthicsStandards InternationalIndependenceStandards)(IESBACode),andwehavefulfilledourotherethical responsibilitiesinaccordancewiththeserequirements.Webelievethattheauditevidencewehave obtainedissufficientandappropriatetoprovideabasisforouropinion.
OtherInformation
TheBoardofDirectorsandtheManagingDirector(management)areresponsiblefortheinformation doesnotincludethefinancialstatementsandouraud Ouropiniononthefinancial statementsdoesnotcover
Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheBoardof knowledgeobtainedintheaudit,orwhetherthe
PricewaterhouseCoopersAS,Kanalsletta8,Postboks8017,NO-4068Stavanger T:02316,org.no.:987009713MVA,www.pwc.no Statsautoriserterevisorer,medlemmeravDennorskeRevisorforeningogautorisertregnskapsførerselskap
regard.
isconsistentwiththefinancialstatementsand containstheinformationrequiredbyapplicablestatutoryrequirements.
ResponsibilitiesofManagementfortheFinancialStatements
Managementisresponsibleforthepreparationoffinancialstatementsthatgiveatrueandfairviewin accordancewiththeNorwegianAccountingActandaccountingstandardsandpracticesgenerally acceptedinNorway,andforsuchinternalcontrolasmanagementdeterminesisnecessarytoenable thepreparationoffinancialstatementsthatarefreefrommaterialmisstatement,whetherduetofraud orerror.
Inpreparingthefinancialstatements,managementisresponsibleforasses concern.Thefinancialstatementsusethegoingconcernbasisofaccountinginsofarasitisnotlikely thattheenterprisewillceaseoperations.
Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawhole arefreefrommaterialmisstatement,whetherduetofraudorerror,a includesouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethat anauditconductedinaccordancewithISAswillalwaysdetectamaterialmisstatementwhenitexists. Misstatementscanarisefromfraudorerrorandareconsideredmaterialif,individuallyorinaggregate, theycouldreasonablybeexpectedtoinfluencetheeconomicdecisionsofuserstakenonthebasisof thesefinancialstatements.
ResponsibilitiesfortheAuditoftheFinancialStatementsreference ismadeto:https://revisorforeningen.no/revisjonsberetninger
Stavanger,30March2023 PricewaterhouseCoopersAS
RoyHenrikHeggelund StateAuthorisedPublicAccountant (Thisdocumentissignedelectronically)
