SOLSTRAND VERFTSEIENDOM AS

6393 TOMREFJORD

Finances

Share Ownership

Return on Equity

24,3 %

Current Ratio

0,15

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 192 000	4 000 000	3 299 000	3 234 000
Net Income	1 876 000	1 776 000	1 552 000	1 292 000
Total Assets	13 085 000	13 973 000	8 267 000	6 792 000
Total Equity	7 720 000	5 843 000	5 387 000	5 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 192 000	4 000 000	3 299 000	3 234 000
Expenditure	1 573 000	1 562 000	1 252 000	1 471 000
Operating Profit	2 618 000	2 438 000	2 047 000	1 764 000
Financial Income	0	0	0	19 000
Financial Costs	213 000	161 000	57 000	126 000
Financial Balance	−213 000	−161 000	−57 000	−107 000
Earnings Before Tax	2 405 000	2 277 000	1 990 000	1 657 000
Tax	529 000	501 000	438 000	364 000
Net Income	1 876 000	1 776 000	1 552 000	1 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 725 000	13 610 000	8 201 000	6 638 000
Total Current Assets	360 000	363 000	66 000	154 000
Total Assets	13 085 000	13 973 000	8 267 000	6 792 000
Total Retained Equity	3 968 000	2 092 000	1 636 000	1 292 000
Total Equity	7 720 000	5 843 000	5 387 000	5 043 000
Total Long-Term Debt	2 915 000	5 055 000	1 195 000	1 335 000
Total Current Debt	2 450 000	3 075 000	1 685 000	414 000
Total Equity and Debt	13 085 000	13 973 000	8 267 000	6 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 192 000	4 000 000	3 299 000	3 234 000
Other Income	0	0	0	0
Revenue	4 192 000	4 000 000	3 299 000	3 234 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	879 000	911 000	583 000	681 000
Impairment	0	0	0	0
Expenditure	1 573 000	1 562 000	1 252 000	1 471 000
Operating Profit	2 618 000	2 438 000	2 047 000	1 764 000
Financial Income	0	0	0	19 000
Financial Costs	213 000	161 000	57 000	126 000
Financial Balance	−213 000	−161 000	−57 000	−107 000
Dividends	0	0	0	0
Net Income	1 876 000	1 776 000	1 552 000	1 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	183 000	276 000	405 000	369 000
Real Eastate	3 432 000	3 510 000	3 588 000	2 627 000
Machinery and Plant Facilities	1 883 000	2 076 000	2 357 000	2 638 000
Fixtures	0	0	0	0
Total Tangible Assets	12 542 000	13 334 000	6 245 000	5 788 000
Total Fiancial Fixed Assets	0	0	1 551 000	481 000
Total Fixed Assets	12 725 000	13 610 000	8 201 000	6 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	276 000	278 000	0	0
Total Current Assets	360 000	363 000	66 000	154 000
Total Assets	13 085 000	13 973 000	8 267 000	6 792 000
Total Equity	7 720 000	5 843 000	5 387 000	5 043 000
Short-Term Group Debt	2 011 000	2 954 000	1 550 000	0
Total Long-Term Debt	2 915 000	5 055 000	1 195 000	1 335 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	120 000	2 000	3 000
Total Current Debt	2 450 000	3 075 000	1 685 000	414 000
Total Equity and Debt	13 085 000	13 973 000	8 267 000	6 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,3 %	30,4 %	28,81 %	25,62 %
Debt-to-Equity Ratio	0,38	0,87	0,22	0,26
Operating Profit Margin	62,45 %	60,95 %	62,05 %	54,55 %
Current Ratio	0,15	0,12	0,04	0,37
Quick Ratio	0,15	0,12	0,04	0,37
Equity Ratio	0,59	0,42	0,65	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %