TOR SOLEM ADVENTURE AS

7530 MERÅKER

Finances

Share Ownership

Return on Equity

466,1 %

Current Ratio

0,85

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	506 000	488 000	479 000	419 000
Net Income	275 000	249 000	273 000	192 000
Total Assets	280 000	114 000	126 000	117 000
Total Equity	59 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	506 000	488 000	479 000	419 000
Expenditure	148 000	169 000	127 000	172 000
Operating Profit	358 000	319 000	352 000	247 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−2 000	0
Earnings Before Tax	352 000	319 000	350 000	246 000
Tax	78 000	70 000	77 000	54 000
Net Income	275 000	249 000	273 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	3 000	4 000	5 000
Total Current Assets	64 000	110 000	122 000	112 000
Total Assets	280 000	114 000	126 000	117 000
Total Retained Equity	37 000	8 000	8 000	8 000
Total Equity	59 000	30 000	30 000	30 000
Total Long-Term Debt	146 000	0	0	12 000
Total Current Debt	75 000	84 000	96 000	76 000
Total Equity and Debt	280 000	114 000	126 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	506 000	488 000	479 000	419 000
Other Income	0	0	0	0
Revenue	506 000	488 000	479 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	28 000
Impairment	0	0	0	0
Expenditure	148 000	169 000	127 000	172 000
Operating Profit	358 000	319 000	352 000	247 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−2 000	0
Dividends	245 000	249 000	273 000	185 000
Net Income	275 000	249 000	273 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	4 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	217 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	217 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	217 000	3 000	4 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	40 000	10 000	25 000
Total Current Assets	64 000	110 000	122 000	112 000
Total Assets	280 000	114 000	126 000	117 000
Total Equity	59 000	30 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	0	0	12 000
Creditors	0	0	0	0
Unpaid Taxes	11 000	14 000	20 000	17 000
Dividends	245 000	249 000	273 000	185 000
Other Current Debt	0	0	0	0
Total Current Debt	75 000	84 000	96 000	76 000
Total Equity and Debt	280 000	114 000	126 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	466,1 %	830 %	910 %	640 %
Debt-to-Equity Ratio	2,47	0	0	0,4
Operating Profit Margin	70,75 %	65,37 %	73,49 %	58,95 %
Current Ratio	0,85	1,31	1,27	1,47
Quick Ratio	0,85	1,31	1,27	1,47
Equity Ratio	0,21	0,26	0,24	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %