SOLA STRAND HOTEL AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

19,16 %

Current Ratio

2,62

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 251 000	17 092 000	0	0
Net Income	11 099 000	7 124 000	−326 000	−22 000
Total Assets	191 151 000	186 263 000	179 190 000	29 000
Total Equity	57 925 000	46 826 000	29 702 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 251 000	17 092 000	0	0
Expenditure	5 178 000	4 994 000	44 000	22 000
Operating Profit	17 073 000	12 098 000	−44 000	−22 000
Financial Income	28 000	0	0	0
Financial Costs	2 871 000	3 105 000	282 000	0
Financial Balance	−2 843 000	−3 105 000	−282 000	0
Earnings Before Tax	14 230 000	8 993 000	−326 000	−22 000
Tax	3 130 000	1 869 000	0	0
Net Income	11 099 000	7 124 000	−326 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 331 000	185 793 000	169 936 000	0
Total Current Assets	4 820 000	469 000	9 254 000	29 000
Total Assets	191 151 000	186 263 000	179 190 000	29 000
Total Retained Equity	17 725 000	6 626 000	−498 000	−173 000
Total Equity	57 925 000	46 826 000	29 702 000	27 000
Total Long-Term Debt	131 389 000	137 809 000	139 947 000	0
Total Current Debt	1 837 000	1 628 000	9 542 000	1 000
Total Equity and Debt	191 151 000	186 263 000	179 190 000	29 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	22 251 000	17 092 000	0	0
Revenue	22 251 000	17 092 000	0	0
Cost of Goods Sold	0	108 000	0	0
Salary Costs	0	0	0	0
Depreciation	4 185 000	3 697 000	0	0
Impairment	0	0	0	0
Expenditure	5 178 000	4 994 000	44 000	22 000
Operating Profit	17 073 000	12 098 000	−44 000	−22 000
Financial Income	28 000	0	0	0
Financial Costs	2 871 000	3 105 000	282 000	0
Financial Balance	−2 843 000	−3 105 000	−282 000	0
Dividends	0	0	0	0
Net Income	11 099 000	7 124 000	−326 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	148 708 000	146 185 000	127 845 000	0
Machinery and Plant Facilities	29 586 000	30 609 000	32 091 000	0
Fixtures	8 037 000	9 000 000	10 000 000	0
Total Tangible Assets	186 331 000	185 793 000	169 936 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 331 000	185 793 000	169 936 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	644 000	465 000	5 258 000	29 000
Total Current Assets	4 820 000	469 000	9 254 000	29 000
Total Assets	191 151 000	186 263 000	179 190 000	29 000
Total Equity	57 925 000	46 826 000	29 702 000	27 000
Short-Term Group Debt	0	0	5 000 000	0
Total Long-Term Debt	131 389 000	137 809 000	139 947 000	0
Creditors	129 000	477 000	4 429 000	1 000
Unpaid Taxes	1 676 000	1 130 000	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	20 000	113 000	0
Total Current Debt	1 837 000	1 628 000	9 542 000	1 000
Total Equity and Debt	191 151 000	186 263 000	179 190 000	29 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,16 %	15,21 %	−1,1 %	−81,48 %
Debt-to-Equity Ratio	2,27	2,94	4,71	0
Operating Profit Margin	76,73 %	70,78 %	-	-
Current Ratio	2,62	0,29	0,97	29
Quick Ratio	2,62	0,29	0,97	29
Equity Ratio	0,3	0,25	0,17	0,93
Gross Profit Margin	100 %	99,37 %	-	-