SOLVANG INVEST AS

9925 SVANVIK

Finances

Return on Equity

54,45 %

Current Ratio

487,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 000	43 000	35 000	43 000
Net Income	819 000	474 000	550 000	509 000
Total Assets	1 506 000	1 288 000	1 814 000	1 263 000
Total Equity	1 504 000	1 286 000	1 812 000	1 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 000	43 000	35 000	43 000
Expenditure	34 000	41 000	29 000	26 000
Operating Profit	5 000	2 000	6 000	17 000
Financial Income	1 096 000	594 000	693 000	556 000
Financial Costs	281 000	121 000	147 000	64 000
Financial Balance	815 000	473 000	546 000	492 000
Earnings Before Tax	820 000	475 000	552 000	510 000
Tax	1 000	0	1 000	1 000
Net Income	819 000	474 000	550 000	509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	543 000	555 000	500 000
Total Current Assets	975 000	745 000	1 259 000	763 000
Total Assets	1 506 000	1 288 000	1 814 000	1 263 000
Total Retained Equity	1 474 000	1 256 000	1 782 000	1 232 000
Total Equity	1 504 000	1 286 000	1 812 000	1 262 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	2 000	1 000	0	1 000
Total Equity and Debt	1 506 000	1 288 000	1 814 000	1 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	43 000	35 000	43 000
Other Income	0	0	0	0
Revenue	39 000	43 000	35 000	43 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	6 000	0
Impairment	0	0	0	0
Expenditure	34 000	41 000	29 000	26 000
Operating Profit	5 000	2 000	6 000	17 000
Financial Income	1 096 000	594 000	693 000	556 000
Financial Costs	281 000	121 000	147 000	64 000
Financial Balance	815 000	473 000	546 000	492 000
Dividends	0	0	0	0
Net Income	819 000	474 000	550 000	509 000

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	31 000	43 000	0	0
Fixtures	0	0	55 000	0
Total Tangible Assets	31 000	43 000	55 000	0
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	531 000	543 000	555 000	500 000
Stock	0	0	0	0
Total Investments	907 000	554 000	298 000	464 000
Cash, Bank	69 000	190 000	961 000	299 000
Total Current Assets	975 000	745 000	1 259 000	763 000
Total Assets	1 506 000	1 288 000	1 814 000	1 263 000
Total Equity	1 504 000	1 286 000	1 812 000	1 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 000	1 000	0	1 000
Total Equity and Debt	1 506 000	1 288 000	1 814 000	1 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,45 %	36,86 %	30,35 %	40,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,82 %	4,65 %	17,14 %	39,53 %
Current Ratio	487,5	745	-	763
Quick Ratio	487,5	745	-	763
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %