SOLSTAD VEST BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

13,72 %

Current Ratio

6,9

Debt-to-Equity Ratio

145,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 237 000	969 000	1 031 000	916 000
Net Income	55 000	−14 000	139 000	89 000
Total Assets	58 629 000	58 579 000	58 577 000	40 403 000
Total Equity	401 000	346 000	360 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 237 000	969 000	1 031 000	916 000
Expenditure	322 000	372 000	254 000	183 000
Operating Profit	809 000	498 000	701 000	670 000
Financial Income	0	0	2 000	2 000
Financial Costs	753 000	512 000	565 000	583 000
Financial Balance	−753 000	−512 000	−563 000	−581 000
Earnings Before Tax	162 000	85 000	214 000	152 000
Tax	0	0	0	0
Net Income	55 000	−14 000	139 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 160 000	58 160 000	58 160 000	40 060 000
Total Current Assets	469 000	419 000	417 000	343 000
Total Assets	58 629 000	58 579 000	58 577 000	40 403 000
Total Retained Equity	331 000	276 000	290 000	151 000
Total Equity	401 000	346 000	360 000	201 000
Total Long-Term Debt	58 160 000	58 160 000	58 160 000	40 060 000
Total Current Debt	68 000	73 000	57 000	142 000
Total Equity and Debt	58 629 000	58 579 000	58 577 000	40 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 237 000	969 000	1 031 000	916 000
Other Income	0	0	0	0
Revenue	1 237 000	969 000	1 031 000	916 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	16 000	16 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	322 000	372 000	254 000	183 000
Operating Profit	809 000	498 000	701 000	670 000
Financial Income	0	0	2 000	2 000
Financial Costs	753 000	512 000	565 000	583 000
Financial Balance	−753 000	−512 000	−563 000	−581 000
Dividends	0	0	0	0
Net Income	55 000	−14 000	139 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	58 160 000	58 160 000	58 160 000	40 060 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	58 160 000	58 160 000	58 160 000	40 060 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 160 000	58 160 000	58 160 000	40 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	469 000	419 000	417 000	343 000
Total Current Assets	469 000	419 000	417 000	343 000
Total Assets	58 629 000	58 579 000	58 577 000	40 403 000
Total Equity	401 000	346 000	360 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 160 000	58 160 000	58 160 000	40 060 000
Creditors	68 000	73 000	57 000	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	104 000
Total Current Debt	68 000	73 000	57 000	142 000
Total Equity and Debt	58 629 000	58 579 000	58 577 000	40 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,72 %	−4,05 %	38,61 %	44,28 %
Debt-to-Equity Ratio	145,04	168,09	161,56	199,3
Operating Profit Margin	65,4 %	51,39 %	67,99 %	73,14 %
Current Ratio	6,9	5,74	7,32	2,42
Quick Ratio	6,9	5,74	7,32	2,42
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %