BR. SOLHAUG AS

8387 FREDVANG

Finances

Share Ownership

Return on Equity

−44,55 %

Current Ratio

0,27

Debt-to-Equity Ratio

−19,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 577 000	5 238 000	7 227 000	0
Net Income	969 000	−3 311 000	210 000	−63 000
Total Assets	46 357 000	48 085 000	47 279 000	20 619 000
Total Equity	−2 175 000	−3 144 000	167 000	−43 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 577 000	5 238 000	7 227 000	0
Expenditure	6 796 000	7 285 000	6 564 000	63 000
Operating Profit	2 781 000	−2 048 000	663 000	−63 000
Financial Income	16 000	0	0	0
Financial Costs	1 828 000	1 289 000	414 000	0
Financial Balance	−1 812 000	−1 289 000	−414 000	0
Earnings Before Tax	969 000	−3 337 000	249 000	−63 000
Tax	0	−25 000	39 000	0
Net Income	969 000	−3 311 000	210 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 815 000	46 722 000	45 029 000	20 606 000
Total Current Assets	1 542 000	1 363 000	2 250 000	13 000
Total Assets	46 357 000	48 085 000	47 279 000	20 619 000
Total Retained Equity	−2 205 000	−3 174 000	137 000	−73 000
Total Equity	−2 175 000	−3 144 000	167 000	−43 000
Total Long-Term Debt	42 892 000	45 300 000	16 675 000	0
Total Current Debt	5 640 000	5 929 000	30 436 000	20 662 000
Total Equity and Debt	46 357 000	48 085 000	47 279 000	20 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 484 000	4 699 000	7 220 000	0
Other Income	93 000	538 000	7 000	0
Revenue	9 577 000	5 238 000	7 227 000	0
Cost of Goods Sold	62 000	123 000	44 000	0
Salary Costs	3 657 000	1 736 000	3 824 000	0
Depreciation	1 531 000	1 519 000	195 000	44 000
Impairment	0	0	0	0
Expenditure	6 796 000	7 285 000	6 564 000	63 000
Operating Profit	2 781 000	−2 048 000	663 000	−63 000
Financial Income	16 000	0	0	0
Financial Costs	1 828 000	1 289 000	414 000	0
Financial Balance	−1 812 000	−1 289 000	−414 000	0
Dividends	0	0	0	0
Net Income	969 000	−3 311 000	210 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 150 000	40 325 000	41 500 000	18 000 000
Real Eastate	1 500 000	1 500 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	505 000	410 000	183 000	0
Total Tangible Assets	5 665 000	6 397 000	3 529 000	2 606 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 815 000	46 722 000	45 029 000	20 606 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 317 000	1 307 000	2 250 000	13 000
Total Current Assets	1 542 000	1 363 000	2 250 000	13 000
Total Assets	46 357 000	48 085 000	47 279 000	20 619 000
Total Equity	−2 175 000	−3 144 000	167 000	−43 000
Short-Term Group Debt	1 485 000	1 485 000	0	0
Total Long-Term Debt	42 892 000	45 300 000	16 675 000	0
Creditors	0	836 000	24 120 000	0
Unpaid Taxes	788 000	283 000	871 000	0
Dividends	0	0	0	0
Other Current Debt	3 366 000	3 324 000	5 431 000	20 662 000
Total Current Debt	5 640 000	5 929 000	30 436 000	20 662 000
Total Equity and Debt	46 357 000	48 085 000	47 279 000	20 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,55 %	105,31 %	125,75 %	146,51 %
Debt-to-Equity Ratio	−19,72	−14,41	99,85	−0
Operating Profit Margin	29,04 %	−39,1 %	9,17 %	-
Current Ratio	0,27	0,23	0,07	0
Quick Ratio	0,27	0,23	0,07	0
Equity Ratio	−0,05	−0,07	0	−0
Gross Profit Margin	99,35 %	97,65 %	99,39 %	-