SOLNESS BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

14,43 %

Current Ratio

3,57

Debt-to-Equity Ratio

88,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 872 000	1 534 000	1 725 000	1 951 000
Net Income	117 000	225 000	373 000	114 000
Total Assets	73 126 000	72 994 000	72 819 000	72 453 000
Total Equity	811 000	694 000	469 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 872 000	1 534 000	1 725 000	1 951 000
Expenditure	948 000	786 000	690 000	830 000
Operating Profit	925 000	710 000	1 016 000	1 075 000
Financial Income	13 000	1 000	2 000	4 000
Financial Costs	821 000	486 000	645 000	965 000
Financial Balance	−808 000	−485 000	−643 000	−961 000
Earnings Before Tax	117 000	263 000	393 000	160 000
Tax	0	0	0	0
Net Income	117 000	225 000	373 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000 000	72 000 000	72 000 000	72 000 000
Total Current Assets	1 126 000	994 000	819 000	453 000
Total Assets	73 126 000	72 994 000	72 819 000	72 453 000
Total Retained Equity	811 000	694 000	469 000	97 000
Total Equity	811 000	694 000	469 000	97 000
Total Long-Term Debt	72 000 000	72 000 000	72 000 000	72 000 000
Total Current Debt	315 000	300 000	349 000	357 000
Total Equity and Debt	73 126 000	72 994 000	72 819 000	72 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 872 000	1 534 000	1 725 000	1 951 000
Revenue	1 872 000	1 534 000	1 725 000	1 951 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	29 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	948 000	786 000	690 000	830 000
Operating Profit	925 000	710 000	1 016 000	1 075 000
Financial Income	13 000	1 000	2 000	4 000
Financial Costs	821 000	486 000	645 000	965 000
Financial Balance	−808 000	−485 000	−643 000	−961 000
Dividends	0	0	0	0
Net Income	117 000	225 000	373 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 000 000	72 000 000	72 000 000	72 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	72 000 000	72 000 000	72 000 000	72 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 000 000	72 000 000	72 000 000	72 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	866 000	741 000	563 000	184 000
Total Current Assets	1 126 000	994 000	819 000	453 000
Total Assets	73 126 000	72 994 000	72 819 000	72 453 000
Total Equity	811 000	694 000	469 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000 000	72 000 000	72 000 000	72 000 000
Creditors	70 000	57 000	87 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	246 000	243 000	262 000	280 000
Total Current Debt	315 000	300 000	349 000	357 000
Total Equity and Debt	73 126 000	72 994 000	72 819 000	72 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,43 %	32,42 %	79,53 %	117,53 %
Debt-to-Equity Ratio	88,78	103,75	153,52	742,27
Operating Profit Margin	49,41 %	46,28 %	58,9 %	55,1 %
Current Ratio	3,57	3,31	2,35	1,27
Quick Ratio	3,57	3,31	2,35	1,27
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %