SOLUND BÅTBYGGERI AS

6924 HARDBAKKE

Finances

Share Ownership

Return on Equity

800 %

Current Ratio

1,09

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 024 000	2 307 000	2 415 000	1 896 000
Net Income	488 000	284 000	−180 000	−573 000
Total Assets	1 119 000	524 000	438 000	1 198 000
Total Equity	61 000	−427 000	−711 000	−531 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 024 000	2 307 000	2 415 000	1 896 000
Expenditure	1 487 000	2 014 000	2 509 000	2 465 000
Operating Profit	536 000	292 000	−169 000	−568 000
Financial Income	0	0	0	0
Financial Costs	45 000	9 000	11 000	5 000
Financial Balance	−45 000	−9 000	−11 000	−5 000
Earnings Before Tax	491 000	284 000	−180 000	−573 000
Tax	3 000	0	0	0
Net Income	488 000	284 000	−180 000	−573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	58 000	64 000	0
Total Current Assets	1 068 000	466 000	373 000	1 198 000
Total Assets	1 119 000	524 000	438 000	1 198 000
Total Retained Equity	11 000	−477 000	−761 000	−581 000
Total Equity	61 000	−427 000	−711 000	−531 000
Total Long-Term Debt	82 000	82 000	82 000	0
Total Current Debt	977 000	869 000	1 067 000	1 730 000
Total Equity and Debt	1 119 000	524 000	438 000	1 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 021 000	2 292 000	3 384 000	896 000
Other Income	3 000	15 000	−970 000	1 000 000
Revenue	2 024 000	2 307 000	2 415 000	1 896 000
Cost of Goods Sold	652 000	767 000	663 000	619 000
Salary Costs	777 000	889 000	1 107 000	1 657 000
Depreciation	6 000	6 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 487 000	2 014 000	2 509 000	2 465 000
Operating Profit	536 000	292 000	−169 000	−568 000
Financial Income	0	0	0	0
Financial Costs	45 000	9 000	11 000	5 000
Financial Balance	−45 000	−9 000	−11 000	−5 000
Dividends	0	0	0	0
Net Income	488 000	284 000	−180 000	−573 000

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	51 000	58 000	0	0
Fixtures	0	0	64 000	0
Total Tangible Assets	51 000	58 000	64 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	58 000	64 000	0
Stock	107 000	130 000	128 000	1 000 000
Total Investments	0	0	0	0
Cash, Bank	39 000	48 000	126 000	195 000
Total Current Assets	1 068 000	466 000	373 000	1 198 000
Total Assets	1 119 000	524 000	438 000	1 198 000
Total Equity	61 000	−427 000	−711 000	−531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	82 000	82 000	0
Creditors	445 000	287 000	404 000	334 000
Unpaid Taxes	96 000	439 000	552 000	106 000
Dividends	0	0	0	0
Other Current Debt	433 000	143 000	110 000	1 290 000
Total Current Debt	977 000	869 000	1 067 000	1 730 000
Total Equity and Debt	1 119 000	524 000	438 000	1 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	800 %	−66,51 %	25,32 %	107,91 %
Debt-to-Equity Ratio	1,34	−0,19	−0,12	−0
Operating Profit Margin	26,48 %	12,66 %	−7 %	−29,96 %
Current Ratio	1,09	0,54	0,35	0,69
Quick Ratio	1,23	0,63	0,4	1,64
Equity Ratio	0,05	−0,81	−1,62	−0,44
Gross Profit Margin	67,79 %	66,75 %	72,55 %	67,35 %