GEIR ARNE SOLHEIM MANAGEMENT AS

6718 DEKNEPOLLEN

Finances

Return on Equity

−3,91 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	426 000	1 241 000	1 080 000
Net Income	−48 000	242 000	117 000	285 000
Total Assets	1 892 000	1 863 000	1 715 000	1 290 000
Total Equity	1 229 000	1 277 000	1 035 000	918 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	426 000	1 241 000	1 080 000
Expenditure	23 000	101 000	1 080 000	715 000
Operating Profit	−23 000	325 000	161 000	366 000
Financial Income	1 000	1 000	0	0
Financial Costs	25 000	16 000	10 000	0
Financial Balance	−24 000	−15 000	−10 000	0
Earnings Before Tax	−48 000	311 000	151 000	366 000
Tax	0	69 000	34 000	81 000
Net Income	−48 000	242 000	117 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 848 000	1 648 000	1 159 000	1 112 000
Total Current Assets	44 000	215 000	556 000	178 000
Total Assets	1 892 000	1 863 000	1 715 000	1 290 000
Total Retained Equity	1 199 000	1 247 000	1 005 000	888 000
Total Equity	1 229 000	1 277 000	1 035 000	918 000
Total Long-Term Debt	381 000	209 000	235 000	0
Total Current Debt	282 000	377 000	445 000	372 000
Total Equity and Debt	1 892 000	1 863 000	1 715 000	1 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	426 000	1 241 000	1 080 000
Other Income	0	0	0	0
Revenue	0	426 000	1 241 000	1 080 000
Cost of Goods Sold	0	59 000	340 000	495 000
Salary Costs	0	0	576 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	101 000	1 080 000	715 000
Operating Profit	−23 000	325 000	161 000	366 000
Financial Income	1 000	1 000	0	0
Financial Costs	25 000	16 000	10 000	0
Financial Balance	−24 000	−15 000	−10 000	0
Dividends	0	0	0	0
Net Income	−48 000	242 000	117 000	285 000

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	1 848 000	1 648 000	1 159 000	1 112 000
Total Fixed Assets	1 848 000	1 648 000	1 159 000	1 112 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	−6 000	68 000	21 000
Total Current Assets	44 000	215 000	556 000	178 000
Total Assets	1 892 000	1 863 000	1 715 000	1 290 000
Total Equity	1 229 000	1 277 000	1 035 000	918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	381 000	209 000	235 000	0
Creditors	192 000	217 000	131 000	58 000
Unpaid Taxes	0	0	79 000	97 000
Dividends	0	0	0	0
Other Current Debt	91 000	91 000	201 000	137 000
Total Current Debt	282 000	377 000	445 000	372 000
Total Equity and Debt	1 892 000	1 863 000	1 715 000	1 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,91 %	18,95 %	11,3 %	31,05 %
Debt-to-Equity Ratio	0,31	0,16	0,23	0
Operating Profit Margin	-	76,29 %	12,97 %	33,89 %
Current Ratio	0,16	0,57	1,25	0,48
Quick Ratio	0,16	0,57	1,25	0,48
Equity Ratio	0,65	0,69	0,6	0,71
Gross Profit Margin	-	86,15 %	72,6 %	54,17 %