SOLVIG ENTREPRENØR AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

72,07 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	995 000	1 022 000	870 000	7 000
Net Income	−160 000	54 000	−54 000	−84 000
Total Assets	72 000	318 000	328 000	173 000
Total Equity	−222 000	−62 000	−116 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	995 000	1 022 000	870 000	7 000
Expenditure	1 148 000	967 000	921 000	91 000
Operating Profit	−154 000	55 000	−52 000	−84 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	3 000	0
Financial Balance	−6 000	−1 000	−3 000	0
Earnings Before Tax	−160 000	54 000	−54 000	−84 000
Tax	0	0	0	0
Net Income	−160 000	54 000	−54 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	31 000	0
Total Current Assets	48 000	294 000	297 000	173 000
Total Assets	72 000	318 000	328 000	173 000
Total Retained Equity	−234 000	−75 000	−129 000	−74 000
Total Equity	−222 000	−62 000	−116 000	−62 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	294 000	380 000	445 000	235 000
Total Equity and Debt	72 000	318 000	328 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	854 000	1 022 000	870 000	7 000
Other Income	141 000	0	0	0
Revenue	995 000	1 022 000	870 000	7 000
Cost of Goods Sold	109 000	148 000	109 000	0
Salary Costs	410 000	323 000	331 000	0
Depreciation	10 000	7 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 148 000	967 000	921 000	91 000
Operating Profit	−154 000	55 000	−52 000	−84 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	3 000	0
Financial Balance	−6 000	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	−160 000	54 000	−54 000	−84 000

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	0	0	0	0
Fixtures	24 000	24 000	31 000	0
Total Tangible Assets	24 000	24 000	31 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	24 000	31 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	20 000	0	0
Total Current Assets	48 000	294 000	297 000	173 000
Total Assets	72 000	318 000	328 000	173 000
Total Equity	−222 000	−62 000	−116 000	−62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	165 000	276 000	352 000	235 000
Unpaid Taxes	46 000	72 000	63 000	0
Dividends	0	0	0	0
Other Current Debt	83 000	31 000	30 000	0
Total Current Debt	294 000	380 000	445 000	235 000
Total Equity and Debt	72 000	318 000	328 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,07 %	−87,1 %	46,55 %	135,48 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−15,48 %	5,38 %	−5,98 %	−1 200 %
Current Ratio	0,16	0,77	0,67	0,74
Quick Ratio	0,16	0,77	0,67	0,74
Equity Ratio	−3,08	−0,19	−0,35	−0,36
Gross Profit Margin	89,05 %	85,52 %	87,47 %	100 %