BAHAMAS SOL AS

0367 OSLO

Finances

Share Ownership

Return on Equity

6,32 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	974 000	951 000	949 000	1 263 000
Net Income	−121 000	−373 000	−492 000	−432 000
Total Assets	691 000	659 000	1 010 000	1 506 000
Total Equity	−1 916 000	−1 794 000	−1 421 000	−929 000

Income (NOK)	2022	2021	2020	2019
Revenue	974 000	951 000	949 000	1 263 000
Expenditure	948 000	1 324 000	1 439 000	1 695 000
Operating Profit	26 000	−373 000	−490 000	−432 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	25 000	−373 000	−492 000	−432 000
Tax	147 000	0	0	0
Net Income	−121 000	−373 000	−492 000	−432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	642 000	642 000	918 000	1 291 000
Total Current Assets	48 000	17 000	92 000	215 000
Total Assets	691 000	659 000	1 010 000	1 506 000
Total Retained Equity	−1 946 000	−1 824 000	−1 451 000	−959 000
Total Equity	−1 916 000	−1 794 000	−1 421 000	−929 000
Total Long-Term Debt	141 000	0	0	0
Total Current Debt	2 465 000	2 453 000	2 431 000	2 435 000
Total Equity and Debt	691 000	659 000	1 010 000	1 506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	974 000	876 000	863 000	1 263 000
Other Income	0	75 000	85 000	0
Revenue	974 000	951 000	949 000	1 263 000
Cost of Goods Sold	155 000	97 000	200 000	136 000
Salary Costs	0	13 000	40 000	11 000
Depreciation	0	275 000	373 000	488 000
Impairment	0	0	0	0
Expenditure	948 000	1 324 000	1 439 000	1 695 000
Operating Profit	26 000	−373 000	−490 000	−432 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	−121 000	−373 000	−492 000	−432 000

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	642 000	642 000	918 000	1 291 000
Fixtures	0	0	0	0
Total Tangible Assets	642 000	642 000	918 000	1 291 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	642 000	642 000	918 000	1 291 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	17 000	92 000	215 000
Total Current Assets	48 000	17 000	92 000	215 000
Total Assets	691 000	659 000	1 010 000	1 506 000
Total Equity	−1 916 000	−1 794 000	−1 421 000	−929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	10 000	17 000	14 000	39 000
Dividends	0	0	0	0
Other Current Debt	2 449 000	2 436 000	2 417 000	2 396 000
Total Current Debt	2 465 000	2 453 000	2 431 000	2 435 000
Total Equity and Debt	691 000	659 000	1 010 000	1 506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,32 %	20,79 %	34,62 %	46,5 %
Debt-to-Equity Ratio	−0,07	−0	−0	−0
Operating Profit Margin	2,67 %	−39,22 %	−51,63 %	−34,2 %
Current Ratio	0,02	0,01	0,04	0,09
Quick Ratio	0,02	0,01	0,04	0,09
Equity Ratio	−2,77	−2,72	−1,41	−0,62
Gross Profit Margin	84,09 %	89,8 %	78,93 %	89,23 %