SOLHAUG GAARD AS

4105 JØRPELAND

Finances

Return on Equity

1 185,98 %

Current Ratio

268

Debt-to-Equity Ratio

−4,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 000	0	85 000	181 000
Net Income	−5 159 000	114 000	−924 000	−1 493 000
Total Assets	1 608 000	5 147 000	4 315 000	6 328 000
Total Equity	−435 000	−3 466 000	−3 580 000	−2 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 000	0	85 000	181 000
Expenditure	58 000	37 000	659 000	1 417 000
Operating Profit	28 000	−37 000	−574 000	−1 235 000
Financial Income	57 000	259 000	307 000	87 000
Financial Costs	5 244 000	108 000	657 000	345 000
Financial Balance	−5 187 000	151 000	−350 000	−258 000
Earnings Before Tax	−5 159 000	114 000	−924 000	−1 493 000
Tax	0	0	0	0
Net Income	−5 159 000	114 000	−924 000	−1 493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 170 000	3 795 000	4 016 000
Total Current Assets	1 608 000	977 000	521 000	2 312 000
Total Assets	1 608 000	5 147 000	4 315 000	6 328 000
Total Retained Equity	−8 649 000	−3 490 000	−3 605 000	−2 681 000
Total Equity	−435 000	−3 466 000	−3 580 000	−2 657 000
Total Long-Term Debt	2 036 000	8 132 000	7 347 000	8 535 000
Total Current Debt	6 000	480 000	549 000	449 000
Total Equity and Debt	1 608 000	5 147 000	4 315 000	6 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	85 000	181 000
Other Income	86 000	0	0	0
Revenue	86 000	0	85 000	181 000
Cost of Goods Sold	0	0	0	161 000
Salary Costs	0	0	551 000	679 000
Depreciation	0	0	22 000	295 000
Impairment	0	0	0	0
Expenditure	58 000	37 000	659 000	1 417 000
Operating Profit	28 000	−37 000	−574 000	−1 235 000
Financial Income	57 000	259 000	307 000	87 000
Financial Costs	5 244 000	108 000	657 000	345 000
Financial Balance	−5 187 000	151 000	−350 000	−258 000
Dividends	0	0	0	0
Net Income	−5 159 000	114 000	−924 000	−1 493 000

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	1 319 000
Total Tangible Assets	0	0	0	1 319 000
Total Fiancial Fixed Assets	0	4 170 000	3 795 000	2 697 000
Total Fixed Assets	0	4 170 000	3 795 000	4 016 000
Stock	0	0	0	0
Total Investments	682 000	669 000	457 000	0
Cash, Bank	710 000	0	0	24 000
Total Current Assets	1 608 000	977 000	521 000	2 312 000
Total Assets	1 608 000	5 147 000	4 315 000	6 328 000
Total Equity	−435 000	−3 466 000	−3 580 000	−2 657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 036 000	8 132 000	7 347 000	8 535 000
Creditors	6 000	2 000	1 000	42 000
Unpaid Taxes	0	1 000	7 000	47 000
Dividends	0	0	0	0
Other Current Debt	1 000	63 000	115 000	67 000
Total Current Debt	6 000	480 000	549 000	449 000
Total Equity and Debt	1 608 000	5 147 000	4 315 000	6 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 185,98 %	−3,29 %	25,81 %	56,19 %
Debt-to-Equity Ratio	−4,68	−2,35	−2,05	−3,21
Operating Profit Margin	32,56 %	-	−675,29 %	−682,32 %
Current Ratio	268	2,04	0,95	5,15
Quick Ratio	268	2,04	0,95	5,15
Equity Ratio	−0,27	−0,67	−0,83	−0,42
Gross Profit Margin	100 %	-	100 %	11,05 %