NORSK SOLSTRØM AS

3619 SKOLLENBORG

Finances

Return on Equity

13,49 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	708 000	550 000	250 000	300 000
Net Income	41 000	−40 000	−56 000	30 000
Total Assets	490 000	555 000	362 000	362 000
Total Equity	304 000	264 000	303 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	708 000	550 000	250 000	300 000
Expenditure	666 000	593 000	306 000	267 000
Operating Profit	41 000	−42 000	−56 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	41 000	−42 000	−56 000	33 000
Tax	0	−3 000	0	3 000
Net Income	41 000	−40 000	−56 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	0	0
Total Current Assets	476 000	555 000	362 000	362 000
Total Assets	490 000	555 000	362 000	362 000
Total Retained Equity	−46 000	−86 000	−47 000	9 000
Total Equity	304 000	264 000	303 000	359 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	186 000	291 000	59 000	3 000
Total Equity and Debt	490 000	555 000	362 000	362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	708 000	280 000	220 000	0
Other Income	0	270 000	30 000	300 000
Revenue	708 000	550 000	250 000	300 000
Cost of Goods Sold	598 000	246 000	225 000	91 000
Salary Costs	0	274 000	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	666 000	593 000	306 000	267 000
Operating Profit	41 000	−42 000	−56 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	41 000	−40 000	−56 000	30 000

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	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	475 000	231 000	298 000	362 000
Total Current Assets	476 000	555 000	362 000	362 000
Total Assets	490 000	555 000	362 000	362 000
Total Equity	304 000	264 000	303 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	1 000	55 000	0
Unpaid Taxes	15 000	146 000	0	0
Dividends	0	0	0	0
Other Current Debt	139 000	144 000	3 000	0
Total Current Debt	186 000	291 000	59 000	3 000
Total Equity and Debt	490 000	555 000	362 000	362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,49 %	−15,15 %	−18,48 %	8,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,79 %	−7,64 %	−22,4 %	11 %
Current Ratio	2,56	1,91	6,14	120,67
Quick Ratio	2,56	1,91	6,14	120,67
Equity Ratio	0,62	0,48	0,84	0,99
Gross Profit Margin	15,54 %	55,27 %	10 %	69,67 %