SOLENGEN EIENDOM AS

3031 DRAMMEN

Finances

Return on Equity

5,2 %

Current Ratio

9,89

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	754 000	439 000	430 000	842 000
Net Income	144 000	1 332 000	−344 000	556 000
Total Assets	13 313 000	11 111 000	9 545 000	8 524 000
Total Equity	2 767 000	2 623 000	1 291 000	1 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	754 000	439 000	430 000	842 000
Expenditure	197 000	164 000	507 000	94 000
Operating Profit	557 000	276 000	−77 000	748 000
Financial Income	60 000	1 352 000	26 000	17 000
Financial Costs	472 000	296 000	303 000	199 000
Financial Balance	−412 000	1 056 000	−277 000	−182 000
Earnings Before Tax	144 000	1 332 000	−354 000	566 000
Tax	0	0	−10 000	10 000
Net Income	144 000	1 332 000	−344 000	556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 383 000	9 611 000	9 317 000	8 391 000
Total Current Assets	930 000	1 499 000	227 000	133 000
Total Assets	13 313 000	11 111 000	9 545 000	8 524 000
Total Retained Equity	1 754 000	1 611 000	279 000	623 000
Total Equity	2 767 000	2 623 000	1 291 000	1 635 000
Total Long-Term Debt	10 452 000	8 388 000	8 127 000	6 826 000
Total Current Debt	94 000	99 000	126 000	63 000
Total Equity and Debt	13 313 000	11 111 000	9 545 000	8 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 000	19 000	0	0
Other Income	577 000	421 000	430 000	842 000
Revenue	754 000	439 000	430 000	842 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	4 000	5 000
Impairment	0	0	0	0
Expenditure	197 000	164 000	507 000	94 000
Operating Profit	557 000	276 000	−77 000	748 000
Financial Income	60 000	1 352 000	26 000	17 000
Financial Costs	472 000	296 000	303 000	199 000
Financial Balance	−412 000	1 056 000	−277 000	−182 000
Dividends	0	0	0	0
Net Income	144 000	1 332 000	−344 000	556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 395 000	7 037 000	7 037 000	7 037 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	11 395 000	7 037 000	7 037 000	7 041 000
Total Fiancial Fixed Assets	988 000	2 574 000	2 280 000	1 350 000
Total Fixed Assets	12 383 000	9 611 000	9 317 000	8 391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	630 000	1 347 000	102 000	40 000
Total Current Assets	930 000	1 499 000	227 000	133 000
Total Assets	13 313 000	11 111 000	9 545 000	8 524 000
Total Equity	2 767 000	2 623 000	1 291 000	1 635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 452 000	8 388 000	8 127 000	6 826 000
Creditors	16 000	18 000	17 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	78 000	81 000	109 000	56 000
Total Current Debt	94 000	99 000	126 000	63 000
Total Equity and Debt	13 313 000	11 111 000	9 545 000	8 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,2 %	50,78 %	−26,65 %	34,01 %
Debt-to-Equity Ratio	3,78	3,2	6,3	4,17
Operating Profit Margin	73,87 %	62,87 %	−17,91 %	88,84 %
Current Ratio	9,89	15,14	1,8	2,11
Quick Ratio	9,89	15,14	1,8	2,11
Equity Ratio	0,21	0,24	0,14	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %