SOLSTAD TRADING AS

4280 SKUDENESHAVN

Finances

Return on Equity

−9,66 %

Current Ratio

N/A

Debt-to-Equity Ratio

−2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	535 000	−1 942 000	−22 630 000	−15 805 000
Total Assets	6 196 000	5 663 000	13 449 000	36 078 000
Total Equity	−5 538 000	−6 073 000	−4 073 000	18 557 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	87 000	240 000	205 000	263 000
Operating Profit	−87 000	−240 000	−205 000	−263 000
Financial Income	316 000	0	80 000	1 000
Financial Costs	−306 000	1 702 000	21 395 000	15 582 000
Financial Balance	622 000	−1 702 000	−21 315 000	−15 581 000
Earnings Before Tax	535 000	−1 942 000	−21 520 000	−15 843 000
Tax	0	0	1 110 000	−39 000
Net Income	535 000	−1 942 000	−22 630 000	−15 805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 284 000	4 403 000	6 913 000	30 083 000
Total Current Assets	912 000	1 260 000	6 536 000	5 995 000
Total Assets	6 196 000	5 663 000	13 449 000	36 078 000
Total Retained Equity	−8 857 000	−9 392 000	−7 398 000	15 232 000
Total Equity	−5 538 000	−6 073 000	−4 073 000	18 557 000
Total Long-Term Debt	11 733 000	11 733 000	17 521 000	17 521 000
Total Current Debt	0	3 000	1 000	0
Total Equity and Debt	6 196 000	5 663 000	13 449 000	36 078 000

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	87 000	240 000	205 000	263 000
Operating Profit	−87 000	−240 000	−205 000	−263 000
Financial Income	316 000	0	80 000	1 000
Financial Costs	−306 000	1 702 000	21 395 000	15 582 000
Financial Balance	622 000	−1 702 000	−21 315 000	−15 581 000
Dividends	0	0	0	0
Net Income	535 000	−1 942 000	−22 630 000	−15 805 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	16 000	16 000	16 000
Total Tangible Assets	16 000	16 000	16 000	16 000
Total Fiancial Fixed Assets	5 268 000	4 387 000	6 898 000	28 957 000
Total Fixed Assets	5 284 000	4 403 000	6 913 000	30 083 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	908 000	1 255 000	2 415 000	1 870 000
Total Current Assets	912 000	1 260 000	6 536 000	5 995 000
Total Assets	6 196 000	5 663 000	13 449 000	36 078 000
Total Equity	−5 538 000	−6 073 000	−4 073 000	18 557 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 733 000	11 733 000	17 521 000	17 521 000
Creditors	0	3 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	3 000	1 000	0
Total Equity and Debt	6 196 000	5 663 000	13 449 000	36 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,66 %	31,98 %	555,61 %	−85,17 %
Debt-to-Equity Ratio	−2,12	−1,93	−4,3	0,94
Operating Profit Margin	-	-	-	-
Current Ratio	-	420	6 536	-
Quick Ratio	-	420	6 536	-
Equity Ratio	−0,89	−1,07	−0,3	0,51
Gross Profit Margin	-	-	-	-