SOLSTRAND AS

5460 HUSNES

Finances

Return on Equity

1,27 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	200 000	0	450 000
Net Income	169 000	235 000	981 000	293 000
Total Assets	22 705 000	22 631 000	22 434 000	15 004 000
Total Equity	13 343 000	14 951 000	14 716 000	13 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	200 000	0	450 000
Expenditure	96 000	144 000	114 000	169 000
Operating Profit	−96 000	57 000	−114 000	282 000
Financial Income	629 000	450 000	1 340 000	11 000
Financial Costs	363 000	271 000	245 000	0
Financial Balance	266 000	179 000	1 095 000	11 000
Earnings Before Tax	169 000	235 000	981 000	293 000
Tax	0	0	0	0
Net Income	169 000	235 000	981 000	293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 692 000	19 732 000	19 217 000	14 588 000
Total Current Assets	2 014 000	2 899 000	3 217 000	417 000
Total Assets	22 705 000	22 631 000	22 434 000	15 004 000
Total Retained Equity	12 841 000	12 671 000	12 436 000	11 455 000
Total Equity	13 343 000	14 951 000	14 716 000	13 735 000
Total Long-Term Debt	7 500 000	7 500 000	7 500 000	0
Total Current Debt	1 862 000	179 000	218 000	1 269 000
Total Equity and Debt	22 705 000	22 631 000	22 434 000	15 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	200 000	0	450 000
Revenue	0	200 000	0	450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	14 000	15 000	23 000
Depreciation	9 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	96 000	144 000	114 000	169 000
Operating Profit	−96 000	57 000	−114 000	282 000
Financial Income	629 000	450 000	1 340 000	11 000
Financial Costs	363 000	271 000	245 000	0
Financial Balance	266 000	179 000	1 095 000	11 000
Dividends	0	0	0	0
Net Income	169 000	235 000	981 000	293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	23 000	0	0
Total Tangible Assets	14 000	23 000	0	0
Total Fiancial Fixed Assets	20 677 000	19 709 000	19 217 000	14 588 000
Total Fixed Assets	20 692 000	19 732 000	19 217 000	14 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 014 000	2 899 000	3 217 000	416 000
Total Current Assets	2 014 000	2 899 000	3 217 000	417 000
Total Assets	22 705 000	22 631 000	22 434 000	15 004 000
Total Equity	13 343 000	14 951 000	14 716 000	13 735 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 500 000	7 500 000	7 500 000	0
Creditors	49 000	57 000	22 000	0
Unpaid Taxes	1 000	1 000	1 000	3 000
Dividends	0	0	0	0
Other Current Debt	1 812 000	121 000	194 000	1 266 000
Total Current Debt	1 862 000	179 000	218 000	1 269 000
Total Equity and Debt	22 705 000	22 631 000	22 434 000	15 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,27 %	1,57 %	6,67 %	2,13 %
Debt-to-Equity Ratio	0,56	0,5	0,51	0
Operating Profit Margin	-	28,5 %	-	62,67 %
Current Ratio	1,08	16,2	14,76	0,33
Quick Ratio	1,08	16,2	14,76	0,33
Equity Ratio	0,59	0,66	0,66	0,92
Gross Profit Margin	-	100 %	-	100 %