SOLKILDEN AS

2821 GJØVIK

Finances

Share Ownership

Return on Equity

38,15 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	235 000	213 000	481 000
Net Income	−483 000	−508 000	−391 000	−66 000
Total Assets	169 000	349 000	620 000	673 000
Total Equity	−1 266 000	−783 000	−274 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	235 000	213 000	481 000
Expenditure	724 000	676 000	629 000	566 000
Operating Profit	−483 000	−441 000	−416 000	−85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−483 000	−441 000	−416 000	−85 000
Tax	0	67 000	−25 000	−19 000
Net Income	−483 000	−508 000	−391 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	292 000	463 000	634 000
Total Current Assets	49 000	57 000	157 000	39 000
Total Assets	169 000	349 000	620 000	673 000
Total Retained Equity	−1 757 000	−1 274 000	−765 000	−374 000
Total Equity	−1 266 000	−783 000	−274 000	117 000
Total Long-Term Debt	67 000	67 000	0	25 000
Total Current Debt	1 368 000	1 064 000	894 000	532 000
Total Equity and Debt	169 000	349 000	620 000	673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	235 000	213 000	481 000
Other Income	0	0	0	0
Revenue	240 000	235 000	213 000	481 000
Cost of Goods Sold	0	12 000	4 000	71 000
Salary Costs	131 000	145 000	125 000	0
Depreciation	171 000	171 000	171 000	171 000
Impairment	0	0	0	0
Expenditure	724 000	676 000	629 000	566 000
Operating Profit	−483 000	−441 000	−416 000	−85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−483 000	−508 000	−391 000	−66 000

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	120 000	292 000	463 000	634 000
Total Tangible Assets	120 000	292 000	463 000	634 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	292 000	463 000	634 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	6 000	1 000	0
Total Current Assets	49 000	57 000	157 000	39 000
Total Assets	169 000	349 000	620 000	673 000
Total Equity	−1 266 000	−783 000	−274 000	117 000
Short-Term Group Debt	0	0	0	−15 000
Total Long-Term Debt	67 000	67 000	0	25 000
Creditors	935 000	653 000	502 000	131 000
Unpaid Taxes	12 000	11 000	10 000	22 000
Dividends	0	0	0	0
Other Current Debt	421 000	401 000	381 000	393 000
Total Current Debt	1 368 000	1 064 000	894 000	532 000
Total Equity and Debt	169 000	349 000	620 000	673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,15 %	64,88 %	142,7 %	−56,41 %
Debt-to-Equity Ratio	−0,05	−0,09	−0	0,21
Operating Profit Margin	−201,25 %	−187,66 %	−195,31 %	−17,67 %
Current Ratio	0,04	0,05	0,18	0,07
Quick Ratio	0,04	0,05	0,18	0,07
Equity Ratio	−7,49	−2,24	−0,44	0,17
Gross Profit Margin	100 %	94,89 %	98,12 %	85,24 %