SOLSTRANDS EIENDOM AS

5007 BERGEN

Finances

Share Ownership

Return on Equity

5,83 %

Current Ratio

0,69

Debt-to-Equity Ratio

4,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 261 000	1 241 000	1 245 000	975 000
Net Income	164 000	252 000	217 000	79 000
Total Assets	16 284 000	16 692 000	17 001 000	17 302 000
Total Equity	2 812 000	2 647 000	2 396 000	2 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 261 000	1 241 000	1 245 000	975 000
Expenditure	541 000	523 000	558 000	467 000
Operating Profit	720 000	717 000	687 000	508 000
Financial Income	7 000	7 000	6 000	0
Financial Costs	453 000	339 000	351 000	392 000
Financial Balance	−446 000	−332 000	−345 000	−392 000
Earnings Before Tax	273 000	385 000	342 000	117 000
Tax	109 000	133 000	125 000	38 000
Net Income	164 000	252 000	217 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 161 000	16 506 000	16 793 000	16 954 000
Total Current Assets	123 000	186 000	208 000	348 000
Total Assets	16 284 000	16 692 000	17 001 000	17 302 000
Total Retained Equity	2 692 000	2 527 000	2 276 000	2 058 000
Total Equity	2 812 000	2 647 000	2 396 000	2 178 000
Total Long-Term Debt	13 295 000	13 868 000	14 441 000	15 048 000
Total Current Debt	177 000	176 000	165 000	76 000
Total Equity and Debt	16 284 000	16 692 000	17 001 000	17 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 261 000	1 241 000	1 245 000	975 000
Other Income	0	0	0	0
Revenue	1 261 000	1 241 000	1 245 000	975 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	345 000	345 000	351 000	264 000
Impairment	0	0	0	0
Expenditure	541 000	523 000	558 000	467 000
Operating Profit	720 000	717 000	687 000	508 000
Financial Income	7 000	7 000	6 000	0
Financial Costs	453 000	339 000	351 000	392 000
Financial Balance	−446 000	−332 000	−345 000	−392 000
Dividends	0	0	0	0
Net Income	164 000	252 000	217 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 142 000	16 487 000	16 764 000	16 917 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	19 000	28 000	37 000
Total Tangible Assets	16 161 000	16 506 000	16 793 000	16 954 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 161 000	16 506 000	16 793 000	16 954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	174 000	206 000	346 000
Total Current Assets	123 000	186 000	208 000	348 000
Total Assets	16 284 000	16 692 000	17 001 000	17 302 000
Total Equity	2 812 000	2 647 000	2 396 000	2 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 295 000	13 868 000	14 441 000	15 048 000
Creditors	0	2 000	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	68 000	41 000	40 000	18 000
Total Current Debt	177 000	176 000	165 000	76 000
Total Equity and Debt	16 284 000	16 692 000	17 001 000	17 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,83 %	9,52 %	9,06 %	3,63 %
Debt-to-Equity Ratio	4,73	5,24	6,03	6,91
Operating Profit Margin	57,1 %	57,78 %	55,18 %	52,1 %
Current Ratio	0,69	1,06	1,26	4,58
Quick Ratio	0,69	1,06	1,26	4,58
Equity Ratio	0,17	0,16	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %