SOLHEI AS

4355 KVERNALAND

Finances

Return on Equity

33,54 %

Current Ratio

3,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 000	0	0	153 000
Net Income	110 000	−4 000	110 000	110 000
Total Assets	420 000	464 000	568 000	560 000
Total Equity	328 000	217 000	221 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 000	0	0	153 000
Expenditure	21 000	37 000	12 000	24 000
Operating Profit	132 000	−37 000	−12 000	129 000
Financial Income	0	33 000	121 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	33 000	121 000	4 000
Earnings Before Tax	132 000	−4 000	108 000	133 000
Tax	21 000	0	−2 000	23 000
Net Income	110 000	−4 000	110 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	259 000	432 000	432 000
Total Current Assets	291 000	205 000	136 000	128 000
Total Assets	420 000	464 000	568 000	560 000
Total Retained Equity	298 000	187 000	191 000	81 000
Total Equity	328 000	217 000	221 000	111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	92 000	247 000	347 000	449 000
Total Equity and Debt	420 000	464 000	568 000	560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 000	0	0	153 000
Other Income	0	0	0	0
Revenue	153 000	0	0	153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	37 000	12 000	24 000
Operating Profit	132 000	−37 000	−12 000	129 000
Financial Income	0	33 000	121 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	33 000	121 000	4 000
Dividends	0	0	0	0
Net Income	110 000	−4 000	110 000	110 000

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	129 000	259 000	432 000	432 000
Total Fixed Assets	129 000	259 000	432 000	432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	290 000	205 000	86 000	49 000
Total Current Assets	291 000	205 000	136 000	128 000
Total Assets	420 000	464 000	568 000	560 000
Total Equity	328 000	217 000	221 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	67 000	247 000	347 000	427 000
Total Current Debt	92 000	247 000	347 000	449 000
Total Equity and Debt	420 000	464 000	568 000	560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,54 %	−1,84 %	49,77 %	99,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86,27 %	-	-	84,31 %
Current Ratio	3,16	0,83	0,39	0,29
Quick Ratio	3,16	0,83	0,39	0,29
Equity Ratio	0,78	0,47	0,39	0,2
Gross Profit Margin	100 %	-	-	100 %