SOLAGÅRDEN AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

10,8 %

Current Ratio

0,08

Debt-to-Equity Ratio

4,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	900 000	900 000	900 000	900 000
Net Income	226 000	360 000	395 000	325 000
Total Assets	12 091 000	12 238 000	9 276 000	8 733 000
Total Equity	2 092 000	1 983 000	1 935 000	1 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	900 000	900 000	900 000	900 000
Expenditure	272 000	245 000	259 000	234 000
Operating Profit	628 000	655 000	641 000	666 000
Financial Income	0	0	0	0
Financial Costs	339 000	193 000	134 000	249 000
Financial Balance	−339 000	−193 000	−134 000	−249 000
Earnings Before Tax	289 000	462 000	507 000	417 000
Tax	64 000	102 000	111 000	92 000
Net Income	226 000	360 000	395 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 076 000	12 223 000	9 261 000	8 718 000
Total Current Assets	15 000	15 000	15 000	15 000
Total Assets	12 091 000	12 238 000	9 276 000	8 733 000
Total Retained Equity	2 062 000	1 953 000	1 905 000	1 783 000
Total Equity	2 092 000	1 983 000	1 935 000	1 813 000
Total Long-Term Debt	9 820 000	9 843 000	6 965 000	6 841 000
Total Current Debt	179 000	412 000	376 000	79 000
Total Equity and Debt	12 091 000	12 238 000	9 276 000	8 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	900 000	900 000	900 000	900 000
Revenue	900 000	900 000	900 000	900 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	12 000
Depreciation	147 000	147 000	147 000	147 000
Impairment	0	0	0	0
Expenditure	272 000	245 000	259 000	234 000
Operating Profit	628 000	655 000	641 000	666 000
Financial Income	0	0	0	0
Financial Costs	339 000	193 000	134 000	249 000
Financial Balance	−339 000	−193 000	−134 000	−249 000
Dividends	0	0	0	0
Net Income	226 000	360 000	395 000	325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 726 000	8 873 000	6 520 000	6 667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 726 000	8 873 000	6 520 000	6 667 000
Total Fiancial Fixed Assets	3 350 000	3 350 000	2 741 000	2 051 000
Total Fixed Assets	12 076 000	12 223 000	9 261 000	8 718 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	15 000	15 000	15 000
Total Current Assets	15 000	15 000	15 000	15 000
Total Assets	12 091 000	12 238 000	9 276 000	8 733 000
Total Equity	2 092 000	1 983 000	1 935 000	1 813 000
Short-Term Group Debt	150 000	400 000	350 000	0
Total Long-Term Debt	9 820 000	9 843 000	6 965 000	6 841 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	5 000	5 000
Total Current Debt	179 000	412 000	376 000	79 000
Total Equity and Debt	12 091 000	12 238 000	9 276 000	8 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,8 %	18,15 %	20,41 %	17,93 %
Debt-to-Equity Ratio	4,69	4,96	3,6	3,77
Operating Profit Margin	69,78 %	72,78 %	71,22 %	74 %
Current Ratio	0,08	0,04	0,04	0,19
Quick Ratio	0,08	0,04	0,04	0,19
Equity Ratio	0,17	0,16	0,21	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %