SOLSTRANDVEGEN 89 AS

6280 SØVIK

Finances

Share Ownership

Return on Equity

112,64 %

Current Ratio

7,88

Debt-to-Equity Ratio

−2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 390 000	−119 000	−109 000	−118 000
Total Assets	1 907 000	3 159 000	3 053 000	2 890 000
Total Equity	−1 234 000	157 000	276 000	385 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 028 000	47 000	37 000	43 000
Operating Profit	−1 028 000	−47 000	−37 000	−43 000
Financial Income	0	0	0	0
Financial Costs	111 000	106 000	103 000	108 000
Financial Balance	−111 000	−106 000	−103 000	−108 000
Earnings Before Tax	−1 139 000	−153 000	−140 000	−151 000
Tax	251 000	−34 000	−31 000	−33 000
Net Income	−1 390 000	−119 000	−109 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	251 000	218 000	187 000
Total Current Assets	1 907 000	2 908 000	2 835 000	2 703 000
Total Assets	1 907 000	3 159 000	3 053 000	2 890 000
Total Retained Equity	−2 150 000	−760 000	−640 000	−531 000
Total Equity	−1 234 000	157 000	276 000	385 000
Total Long-Term Debt	2 899 000	2 729 000	2 650 000	2 400 000
Total Current Debt	242 000	273 000	127 000	105 000
Total Equity and Debt	1 907 000	3 159 000	3 053 000	2 890 000

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	1 000 000	2 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 028 000	47 000	37 000	43 000
Operating Profit	−1 028 000	−47 000	−37 000	−43 000
Financial Income	0	0	0	0
Financial Costs	111 000	106 000	103 000	108 000
Financial Balance	−111 000	−106 000	−103 000	−108 000
Dividends	0	0	0	0
Net Income	−1 390 000	−119 000	−109 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	251 000	218 000	187 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	251 000	218 000	187 000
Stock	1 906 000	2 906 000	2 833 000	2 702 000
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	2 000	1 000
Total Current Assets	1 907 000	2 908 000	2 835 000	2 703 000
Total Assets	1 907 000	3 159 000	3 053 000	2 890 000
Total Equity	−1 234 000	157 000	276 000	385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 899 000	2 729 000	2 650 000	2 400 000
Creditors	242 000	217 000	127 000	105 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	56 000	0	0
Total Current Debt	242 000	273 000	127 000	105 000
Total Equity and Debt	1 907 000	3 159 000	3 053 000	2 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,64 %	−75,8 %	−39,49 %	−30,65 %
Debt-to-Equity Ratio	−2,35	17,38	9,6	6,23
Operating Profit Margin	-	-	-	-
Current Ratio	7,88	10,65	22,32	25,74
Quick Ratio	−1,15	−1,1	−1,05	−1,04
Equity Ratio	−0,65	0,05	0,09	0,13
Gross Profit Margin	-	-	-	-