SOLBRÅVEIEN AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

15,91 %

Current Ratio

0,42

Debt-to-Equity Ratio

3,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 226 000	16 694 000	14 736 000	14 296 000
Net Income	4 894 000	5 051 000	5 632 000	3 813 000
Total Assets	152 697 000	156 378 000	156 614 000	160 650 000
Total Equity	30 768 000	30 281 000	29 456 000	28 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 226 000	16 694 000	14 736 000	14 296 000
Expenditure	7 999 000	7 587 000	5 685 000	6 037 000
Operating Profit	10 227 000	9 106 000	9 051 000	8 260 000
Financial Income	151 000	43 000	1 195 000	88 000
Financial Costs	4 104 000	2 673 000	3 025 000	3 457 000
Financial Balance	−3 953 000	−2 630 000	−1 830 000	−3 369 000
Earnings Before Tax	6 274 000	6 476 000	7 221 000	4 890 000
Tax	1 380 000	1 425 000	1 590 000	1 077 000
Net Income	4 894 000	5 051 000	5 632 000	3 813 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 777 000	151 622 000	151 230 000	150 912 000
Total Current Assets	3 920 000	4 756 000	5 384 000	9 739 000
Total Assets	152 697 000	156 378 000	156 614 000	160 650 000
Total Retained Equity	8 782 000	8 295 000	7 470 000	6 200 000
Total Equity	30 768 000	30 281 000	29 456 000	28 186 000
Total Long-Term Debt	112 668 000	116 161 000	118 348 000	119 199 000
Total Current Debt	9 261 000	9 936 000	8 810 000	13 266 000
Total Equity and Debt	152 697 000	156 378 000	156 614 000	160 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 016 000	16 475 000	14 586 000	14 097 000
Other Income	210 000	219 000	151 000	200 000
Revenue	18 226 000	16 694 000	14 736 000	14 296 000
Cost of Goods Sold	0	0	0	416 000
Salary Costs	0	0	0	0
Depreciation	4 349 000	4 305 000	3 860 000	3 794 000
Impairment	0	0	0	0
Expenditure	7 999 000	7 587 000	5 685 000	6 037 000
Operating Profit	10 227 000	9 106 000	9 051 000	8 260 000
Financial Income	151 000	43 000	1 195 000	88 000
Financial Costs	4 104 000	2 673 000	3 025 000	3 457 000
Financial Balance	−3 953 000	−2 630 000	−1 830 000	−3 369 000
Dividends	0	0	0	7 200 000
Net Income	4 894 000	5 051 000	5 632 000	3 813 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	144 216 000	148 696 000	149 746 000	150 912 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	144 216 000	148 696 000	149 746 000	150 912 000
Total Fiancial Fixed Assets	4 561 000	2 926 000	1 484 000	0
Total Fixed Assets	148 777 000	151 622 000	151 230 000	150 912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 340 000	4 081 000	2 202 000	5 247 000
Total Current Assets	3 920 000	4 756 000	5 384 000	9 739 000
Total Assets	152 697 000	156 378 000	156 614 000	160 650 000
Total Equity	30 768 000	30 281 000	29 456 000	28 186 000
Short-Term Group Debt	5 650 000	5 418 000	5 592 000	0
Total Long-Term Debt	112 668 000	116 161 000	118 348 000	119 199 000
Creditors	465 000	2 316 000	1 813 000	593 000
Unpaid Taxes	192 000	0	0	321 000
Dividends	0	0	0	7 200 000
Other Current Debt	2 953 000	2 202 000	1 406 000	4 554 000
Total Current Debt	9 261 000	9 936 000	8 810 000	13 266 000
Total Equity and Debt	152 697 000	156 378 000	156 614 000	160 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,91 %	16,68 %	19,12 %	13,53 %
Debt-to-Equity Ratio	3,66	3,84	4,02	4,23
Operating Profit Margin	56,11 %	54,55 %	61,42 %	57,78 %
Current Ratio	0,42	0,48	0,61	0,73
Quick Ratio	0,42	0,48	0,61	0,73
Equity Ratio	0,2	0,19	0,19	0,18
Gross Profit Margin	100 %	100 %	100 %	97,09 %