SOLAX EIENDOMSUTVIKLING AS

4625 FLEKKERØY

Finances

Share Ownership

Return on Equity

88 %

Current Ratio

41,79

Debt-to-Equity Ratio

−29,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−110 000	124 000	−171 000	−233 000
Total Assets	3 621 000	3 637 000	3 671 000	3 814 000
Total Equity	−125 000	−15 000	−139 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	87 000	−261 000	91 000	150 000
Operating Profit	−86 000	261 000	−91 000	−150 000
Financial Income	0	0	0	0
Financial Costs	55 000	102 000	128 000	149 000
Financial Balance	−55 000	−102 000	−128 000	−149 000
Earnings Before Tax	−142 000	159 000	−219 000	−299 000
Tax	−31 000	35 000	−48 000	−66 000
Net Income	−110 000	124 000	−171 000	−233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	79 000	114 000	66 000
Total Current Assets	3 510 000	3 558 000	3 557 000	3 748 000
Total Assets	3 621 000	3 637 000	3 671 000	3 814 000
Total Retained Equity	−185 000	−75 000	−199 000	−28 000
Total Equity	−125 000	−15 000	−139 000	32 000
Total Long-Term Debt	3 662 000	3 610 000	3 410 000	3 414 000
Total Current Debt	84 000	43 000	400 000	367 000
Total Equity and Debt	3 621 000	3 637 000	3 671 000	3 814 000

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	0	−310 000	0	4 000
Salary Costs	20 000	20 000	20 000	20 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	87 000	−261 000	91 000	150 000
Operating Profit	−86 000	261 000	−91 000	−150 000
Financial Income	0	0	0	0
Financial Costs	55 000	102 000	128 000	149 000
Financial Balance	−55 000	−102 000	−128 000	−149 000
Dividends	0	0	0	0
Net Income	−110 000	124 000	−171 000	−233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	79 000	114 000	66 000
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	110 000	79 000	114 000	66 000
Stock	3 500 000	3 500 000	3 200 000	3 200 000
Total Investments	0	0	0	0
Cash, Bank	10 000	11 000	0	1 000
Total Current Assets	3 510 000	3 558 000	3 557 000	3 748 000
Total Assets	3 621 000	3 637 000	3 671 000	3 814 000
Total Equity	−125 000	−15 000	−139 000	32 000
Short-Term Group Debt	59 000	0	0	0
Total Long-Term Debt	3 662 000	3 610 000	3 410 000	3 414 000
Creditors	5 000	18 000	376 000	348 000
Unpaid Taxes	20 000	20 000	20 000	20 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	5 000	0
Total Current Debt	84 000	43 000	400 000	367 000
Total Equity and Debt	3 621 000	3 637 000	3 671 000	3 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88 %	−826,67 %	123,02 %	−728,13 %
Debt-to-Equity Ratio	−29,3	−240,67	−24,53	106,69
Operating Profit Margin	-	-	-	-
Current Ratio	41,79	82,74	8,89	10,21
Quick Ratio	−1,03	−1,03	−1,27	−1,32
Equity Ratio	−0,03	−0	−0,04	0,01
Gross Profit Margin	-	-	-	-