SOLUM EIENDOMSUTVIKLING AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

53,91 %

Current Ratio

0,33

Debt-to-Equity Ratio

10,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 565 000	2 292 000	2 225 000	2 317 000
Net Income	324 000	465 000	144 000	155 000
Total Assets	8 004 000	8 376 000	8 277 000	8 340 000
Total Equity	601 000	790 000	435 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 565 000	2 292 000	2 225 000	2 317 000
Expenditure	2 096 000	1 795 000	2 092 000	2 062 000
Operating Profit	469 000	496 000	133 000	255 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	24 000
Financial Balance	0	0	0	−24 000
Earnings Before Tax	469 000	496 000	133 000	231 000
Tax	145 000	31 000	−12 000	76 000
Net Income	324 000	465 000	144 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 735 000	8 256 000	8 187 000	8 225 000
Total Current Assets	269 000	120 000	90 000	115 000
Total Assets	8 004 000	8 376 000	8 277 000	8 340 000
Total Retained Equity	309 000	499 000	144 000	0
Total Equity	601 000	790 000	435 000	250 000
Total Long-Term Debt	6 585 000	7 282 000	7 814 000	7 515 000
Total Current Debt	819 000	303 000	27 000	574 000
Total Equity and Debt	8 004 000	8 376 000	8 277 000	8 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 565 000	2 292 000	2 225 000	2 317 000
Other Income	0	0	0	0
Revenue	2 565 000	2 292 000	2 225 000	2 317 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	92 000	112 000	57 000
Depreciation	521 000	498 000	492 000	489 000
Impairment	0	0	0	0
Expenditure	2 096 000	1 795 000	2 092 000	2 062 000
Operating Profit	469 000	496 000	133 000	255 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	24 000
Financial Balance	0	0	0	−24 000
Dividends	0	0	0	0
Net Income	324 000	465 000	144 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 679 000	8 181 000	8 094 000	8 113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	74 000	93 000	111 000
Total Tangible Assets	7 735 000	8 256 000	8 187 000	8 225 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 735 000	8 256 000	8 187 000	8 225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	11 000	8 000	34 000
Total Current Assets	269 000	120 000	90 000	115 000
Total Assets	8 004 000	8 376 000	8 277 000	8 340 000
Total Equity	601 000	790 000	435 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 585 000	7 282 000	7 814 000	7 515 000
Creditors	146 000	145 000	10 000	161 000
Unpaid Taxes	5 000	5 000	6 000	5 000
Dividends	0	0	0	0
Other Current Debt	8 000	12 000	12 000	155 000
Total Current Debt	819 000	303 000	27 000	574 000
Total Equity and Debt	8 004 000	8 376 000	8 277 000	8 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,91 %	58,86 %	33,1 %	62 %
Debt-to-Equity Ratio	10,96	9,22	17,96	30,06
Operating Profit Margin	18,28 %	21,64 %	5,98 %	11,01 %
Current Ratio	0,33	0,4	3,33	0,2
Quick Ratio	0,33	0,4	3,33	0,2
Equity Ratio	0,08	0,09	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %