SOLFANG AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

156 %

Current Ratio

0,95

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−78 000	−72 000	−75 000	1 000
Total Assets	1 830 000	1 848 000	1 859 000	1 301 000
Total Equity	−50 000	28 000	100 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	40 000	32 000	43 000	0
Operating Profit	−40 000	−32 000	−43 000	0
Financial Income	0	0	0	0
Financial Costs	61 000	61 000	53 000	0
Financial Balance	−61 000	−61 000	−53 000	0
Earnings Before Tax	−100 000	−92 000	−96 000	0
Tax	−22 000	−20 000	−21 000	−1 000
Net Income	−78 000	−72 000	−75 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	20 000	0	1 000
Total Current Assets	1 788 000	1 828 000	1 859 000	1 300 000
Total Assets	1 830 000	1 848 000	1 859 000	1 301 000
Total Retained Equity	−144 000	−65 000	7 000	1 000
Total Equity	−50 000	28 000	100 000	95 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 881 000	1 820 000	1 759 000	1 206 000
Total Equity and Debt	1 830 000	1 848 000	1 859 000	1 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	40 000	32 000	43 000	0
Operating Profit	−40 000	−32 000	−43 000	0
Financial Income	0	0	0	0
Financial Costs	61 000	61 000	53 000	0
Financial Balance	−61 000	−61 000	−53 000	0
Dividends	0	0	0	0
Net Income	−78 000	−72 000	−75 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	20 000	0	1 000
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	42 000	20 000	0	1 000
Stock	1 722 000	1 722 000	1 722 000	1 206 000
Total Investments	0	0	0	0
Cash, Bank	65 000	105 000	34 000	93 000
Total Current Assets	1 788 000	1 828 000	1 859 000	1 300 000
Total Assets	1 830 000	1 848 000	1 859 000	1 301 000
Total Equity	−50 000	28 000	100 000	95 000
Short-Term Group Debt	1 881 000	1 820 000	1 759 000	1 206 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 881 000	1 820 000	1 759 000	1 206 000
Total Equity and Debt	1 830 000	1 848 000	1 859 000	1 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156 %	−257,14 %	−75 %	1,05 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,95	1	1,06	1,08
Quick Ratio	11,25	18,65	50,24	-
Equity Ratio	−0,03	0,02	0,05	0,07
Gross Profit Margin	-	-	-	-