SOLVANGEN BORETTSLAG

7650 VERDAL

Finances

Share Ownership

Return on Equity

9,12 %

Current Ratio

2,15

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 315 000	1 290 000	1 269 000	1 242 000
Net Income	380 000	560 000	533 000	464 000
Total Assets	16 740 000	16 675 000	16 616 000	16 576 000
Total Equity	4 166 000	3 786 000	3 226 000	2 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 315 000	1 290 000	1 269 000	1 242 000
Expenditure	667 000	449 000	440 000	469 000
Operating Profit	648 000	841 000	829 000	774 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	−268 000	−281 000	−296 000	−309 000
Financial Balance	269 000	282 000	297 000	311 000
Earnings Before Tax	380 000	560 000	533 000	464 000
Tax	0	0	0	0
Net Income	380 000	560 000	533 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 046 000	16 058 000	16 069 000	16 081 000
Total Current Assets	694 000	617 000	547 000	495 000
Total Assets	16 740 000	16 675 000	16 616 000	16 576 000
Total Retained Equity	4 115 000	3 784 000	3 224 000	2 691 000
Total Equity	4 166 000	3 786 000	3 226 000	2 693 000
Total Long-Term Debt	12 251 000	12 763 000	13 260 000	13 741 000
Total Current Debt	323 000	126 000	130 000	142 000
Total Equity and Debt	16 740 000	16 675 000	16 616 000	16 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 293 000	1 268 000	1 244 000	1 224 000
Other Income	22 000	22 000	25 000	18 000
Revenue	1 315 000	1 290 000	1 269 000	1 242 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	46 000	46 000	46 000
Depreciation	11 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	667 000	449 000	440 000	469 000
Operating Profit	648 000	841 000	829 000	774 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	−268 000	−281 000	−296 000	−309 000
Financial Balance	269 000	282 000	297 000	311 000
Dividends	0	0	0	0
Net Income	380 000	560 000	533 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 040 000	16 040 000	16 040 000	16 040 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	17 000	29 000	40 000
Total Tangible Assets	16 046 000	16 058 000	16 069 000	16 081 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 046 000	16 058 000	16 069 000	16 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	632 000	559 000	491 000	433 000
Total Current Assets	694 000	617 000	547 000	495 000
Total Assets	16 740 000	16 675 000	16 616 000	16 576 000
Total Equity	4 166 000	3 786 000	3 226 000	2 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 251 000	12 763 000	13 260 000	13 741 000
Creditors	253 000	57 000	57 000	65 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	70 000	73 000	77 000
Total Current Debt	323 000	126 000	130 000	142 000
Total Equity and Debt	16 740 000	16 675 000	16 616 000	16 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,12 %	14,79 %	16,52 %	17,23 %
Debt-to-Equity Ratio	2,94	3,37	4,11	5,1
Operating Profit Margin	49,28 %	65,19 %	65,33 %	62,32 %
Current Ratio	2,15	4,9	4,21	3,49
Quick Ratio	2,15	4,9	4,21	3,49
Equity Ratio	0,25	0,23	0,19	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %