SOLSTAD SHIPHOLDING AS

4280 SKUDENESHAVN

Finances

Return on Equity

−37,51 %

Current Ratio

0,13

Debt-to-Equity Ratio

49,68

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−134 984 000	−315 825 000	−12 222 000
Total Assets	18 496 201 000	17 826 443 000	17 756 426 000
Total Equity	359 907 000	247 151 000	444 780 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	12 213 000	27 912 000	10 152 000
Operating Profit	−12 213 000	−27 912 000	−10 152 000
Financial Income	836 794 000	479 301 000	92 945 000
Financial Costs	959 565 000	767 214 000	95 016 000
Financial Balance	−122 771 000	−287 913 000	−2 071 000
Earnings Before Tax	−134 984 000	−315 825 000	−12 222 000
Tax	0	0	0
Net Income	−134 984 000	−315 825 000	−12 222 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 461 589 000	17 775 529 000	17 718 944 000
Total Current Assets	34 612 000	50 914 000	37 482 000
Total Assets	18 496 201 000	17 826 443 000	17 756 426 000
Total Retained Equity	−470 146 000	−328 047 000	−12 222 000
Total Equity	359 907 000	247 151 000	444 780 000
Total Long-Term Debt	17 879 213 000	17 307 958 000	17 171 906 000
Total Current Debt	257 081 000	271 334 000	139 741 000
Total Equity and Debt	18 496 201 000	17 826 443 000	17 756 426 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	12 213 000	27 912 000	10 152 000
Operating Profit	−12 213 000	−27 912 000	−10 152 000
Financial Income	836 794 000	479 301 000	92 945 000
Financial Costs	959 565 000	767 214 000	95 016 000
Financial Balance	−122 771 000	−287 913 000	−2 071 000
Dividends	0	0	0
Net Income	−134 984 000	−315 825 000	−12 222 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	18 461 589 000	17 775 529 000	17 718 944 000
Total Fixed Assets	18 461 589 000	17 775 529 000	17 718 944 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	23 762 000	29 497 000	7 919 000
Total Current Assets	34 612 000	50 914 000	37 482 000
Total Assets	18 496 201 000	17 826 443 000	17 756 426 000
Total Equity	359 907 000	247 151 000	444 780 000
Short-Term Group Debt	250 571 000	267 721 000	129 732 000
Total Long-Term Debt	17 879 213 000	17 307 958 000	17 171 906 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	6 510 000	3 612 000	10 009 000
Total Current Debt	257 081 000	271 334 000	139 741 000
Total Equity and Debt	18 496 201 000	17 826 443 000	17 756 426 000

Financial indicators	2022	2021	2020
Return on Equity	−37,51 %	−127,79 %	−2,75 %
Debt-to-Equity Ratio	49,68	70,03	38,61
Operating Profit Margin	-	-	-
Current Ratio	0,13	0,19	0,27
Quick Ratio	0,13	0,19	0,27
Equity Ratio	0,02	0,01	0,03
Gross Profit Margin	-	-	-