SANDNESSJØEN SOLSTUDIO AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−5,3 %

Current Ratio

0,85

Debt-to-Equity Ratio

−1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	278 000	279 000	276 000	378 000
Net Income	7 000	2 000	−26 000	84 000
Total Assets	169 000	161 000	175 000	233 000
Total Equity	−132 000	−139 000	−141 000	−115 000

Income (NOK)	2022	2021	2020	2019
Revenue	278 000	279 000	276 000	378 000
Expenditure	269 000	276 000	297 000	339 000
Operating Profit	9 000	3 000	−22 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	11 000	15 000
Financial Balance	0	−1 000	−11 000	−15 000
Earnings Before Tax	9 000	2 000	−33 000	23 000
Tax	2 000	0	−7 000	−61 000
Net Income	7 000	2 000	−26 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 000	116 000	159 000	205 000
Total Current Assets	67 000	46 000	16 000	28 000
Total Assets	169 000	161 000	175 000	233 000
Total Retained Equity	−234 000	−241 000	−243 000	−217 000
Total Equity	−132 000	−139 000	−141 000	−115 000
Total Long-Term Debt	222 000	222 000	270 000	303 000
Total Current Debt	79 000	78 000	46 000	45 000
Total Equity and Debt	169 000	161 000	175 000	233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	278 000	249 000	233 000	311 000
Other Income	0	30 000	43 000	66 000
Revenue	278 000	279 000	276 000	378 000
Cost of Goods Sold	4 000	2 000	2 000	1 000
Salary Costs	0	0	1 000	0
Depreciation	11 000	43 000	53 000	105 000
Impairment	0	0	0	0
Expenditure	269 000	276 000	297 000	339 000
Operating Profit	9 000	3 000	−22 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	11 000	15 000
Financial Balance	0	−1 000	−11 000	−15 000
Dividends	0	0	0	0
Net Income	7 000	2 000	−26 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	66 000	68 000	68 000	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 000	8 000	11 000	14 000
Fixtures	28 000	39 000	79 000	129 000
Total Tangible Assets	36 000	48 000	91 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	102 000	116 000	159 000	205 000
Stock	1 000	1 000	1 000	3 000
Total Investments	0	0	0	0
Cash, Bank	58 000	35 000	15 000	17 000
Total Current Assets	67 000	46 000	16 000	28 000
Total Assets	169 000	161 000	175 000	233 000
Total Equity	−132 000	−139 000	−141 000	−115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	222 000	270 000	303 000
Creditors	2 000	1 000	6 000	3 000
Unpaid Taxes	8 000	8 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	69 000	69 000	39 000	39 000
Total Current Debt	79 000	78 000	46 000	45 000
Total Equity and Debt	169 000	161 000	175 000	233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,3 %	−1,44 %	18,44 %	−73,04 %
Debt-to-Equity Ratio	−1,68	−1,6	−1,91	−2,63
Operating Profit Margin	3,24 %	1,08 %	−7,97 %	10,05 %
Current Ratio	0,85	0,59	0,35	0,62
Quick Ratio	0,86	0,6	0,36	0,67
Equity Ratio	−0,78	−0,86	−0,81	−0,49
Gross Profit Margin	98,56 %	99,28 %	99,28 %	99,74 %