SOLSIDEN STRANDAFJELLET AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

−40,6 %

Current Ratio

2,03

Debt-to-Equity Ratio

12,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−272 000	−108 000	−34 000	−96 000
Total Assets	18 317 000	12 976 000	8 013 000	3 100 000
Total Equity	670 000	670 000	670 000	670 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	5 183 000	5 171 000	5 169 000	−185 000
Operating Profit	−56 000	−42 000	−43 000	−119 000
Financial Income	0	0	0	2 000
Financial Costs	293 000	97 000	0	6 000
Financial Balance	−293 000	−97 000	0	−4 000
Earnings Before Tax	−349 000	−139 000	−43 000	−123 000
Tax	−77 000	−31 000	−9 000	−27 000
Net Income	−272 000	−108 000	−34 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 317 000	12 976 000	8 013 000	3 100 000
Total Assets	18 317 000	12 976 000	8 013 000	3 100 000
Total Retained Equity	92 000	364 000	473 000	506 000
Total Equity	670 000	670 000	670 000	670 000
Total Long-Term Debt	8 615 000	5 982 000	1 820 000	1 827 000
Total Current Debt	9 032 000	6 324 000	5 523 000	603 000
Total Equity and Debt	18 317 000	12 976 000	8 013 000	3 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	5 127 000	5 129 000	5 126 000	−253 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 183 000	5 171 000	5 169 000	−185 000
Operating Profit	−56 000	−42 000	−43 000	−119 000
Financial Income	0	0	0	2 000
Financial Costs	293 000	97 000	0	6 000
Financial Balance	−293 000	−97 000	0	−4 000
Dividends	0	0	0	0
Net Income	−272 000	−108 000	−34 000	−96 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	15 382 000	10 256 000	5 126 000	3 003 000
Total Investments	0	0	0	0
Cash, Bank	12 000	8 000	5 000	13 000
Total Current Assets	18 317 000	12 976 000	8 013 000	3 100 000
Total Assets	18 317 000	12 976 000	8 013 000	3 100 000
Total Equity	670 000	670 000	670 000	670 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 615 000	5 982 000	1 820 000	1 827 000
Creditors	19 000	12 000	337 000	341 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 013 000	6 312 000	5 186 000	262 000
Total Current Debt	9 032 000	6 324 000	5 523 000	603 000
Total Equity and Debt	18 317 000	12 976 000	8 013 000	3 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,6 %	−16,12 %	−5,07 %	−14,33 %
Debt-to-Equity Ratio	12,86	8,93	2,72	2,73
Operating Profit Margin	-	-	-	-
Current Ratio	2,03	2,05	1,45	5,14
Quick Ratio	−2,88	−3,3	20,18	−1,29
Equity Ratio	0,04	0,05	0,08	0,22
Gross Profit Margin	-	-	-	-