SOLSIDEN EIENDOM UTVIKLING AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

−1,73 %

Current Ratio

9,21

Debt-to-Equity Ratio

6,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	20 000	139 000	25 000
Net Income	−62 000	−61 000	40 000	−61 000
Total Assets	28 237 000	27 963 000	27 011 000	26 221 000
Total Equity	3 584 000	3 646 000	3 280 000	3 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	20 000	139 000	25 000
Expenditure	32 000	97 000	94 000	94 000
Operating Profit	−32 000	−77 000	45 000	−69 000
Financial Income	0	0	0	0
Financial Costs	48 000	2 000	2 000	0
Financial Balance	−48 000	−2 000	−2 000	0
Earnings Before Tax	−80 000	−79 000	42 000	−70 000
Tax	−18 000	−17 000	3 000	−9 000
Net Income	−62 000	−61 000	40 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	14 171 000	13 686 000	13 051 000
Total Current Assets	28 237 000	13 791 000	13 325 000	13 170 000
Total Assets	28 237 000	27 963 000	27 011 000	26 221 000
Total Retained Equity	−62 000	0	20 000	−20 000
Total Equity	3 584 000	3 646 000	3 280 000	3 240 000
Total Long-Term Debt	21 588 000	21 606 000	21 503 000	21 500 000
Total Current Debt	3 065 000	2 711 000	2 228 000	1 481 000
Total Equity and Debt	28 237 000	27 963 000	27 011 000	26 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	20 000	139 000	25 000
Other Income	0	0	0	0
Revenue	0	20 000	139 000	25 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	97 000	94 000	94 000
Operating Profit	−32 000	−77 000	45 000	−69 000
Financial Income	0	0	0	0
Financial Costs	48 000	2 000	2 000	0
Financial Balance	−48 000	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	−62 000	−61 000	40 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	14 171 000	13 686 000	13 051 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	14 171 000	13 686 000	13 051 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	14 171 000	13 686 000	13 051 000
Stock	28 186 000	13 228 000	13 226 000	13 119 000
Total Investments	0	0	0	0
Cash, Bank	50 000	9 000	63 000	50 000
Total Current Assets	28 237 000	13 791 000	13 325 000	13 170 000
Total Assets	28 237 000	27 963 000	27 011 000	26 221 000
Total Equity	3 584 000	3 646 000	3 280 000	3 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 588 000	21 606 000	21 503 000	21 500 000
Creditors	10 000	3 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 055 000	2 708 000	2 228 000	1 481 000
Total Current Debt	3 065 000	2 711 000	2 228 000	1 481 000
Total Equity and Debt	28 237 000	27 963 000	27 011 000	26 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,73 %	−1,67 %	1,22 %	−1,88 %
Debt-to-Equity Ratio	6,02	5,93	6,56	6,64
Operating Profit Margin	-	−385 %	32,37 %	−276 %
Current Ratio	9,21	5,09	5,98	8,89
Quick Ratio	−1,12	−1,31	−1,21	−1,13
Equity Ratio	0,13	0,13	0,12	0,12
Gross Profit Margin	-	100 %	100 %	100 %