SOLSYS MINING AS

1465 STRØMMEN

Finances

Share Ownership

Return on Equity

80 %

Current Ratio

1,36

Debt-to-Equity Ratio

−1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	15 000	26 000	39 000
Net Income	−8 000	−33 000	1 000	0
Total Assets	15 000	11 000	37 000	44 000
Total Equity	−10 000	−2 000	31 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	15 000	26 000	39 000
Expenditure	64 000	48 000	25 000	39 000
Operating Profit	−8 000	−33 000	1 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−8 000	−33 000	1 000	0
Tax	0	0	0	0
Net Income	−8 000	−33 000	1 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	15 000	11 000	37 000	44 000
Total Assets	15 000	11 000	37 000	44 000
Total Retained Equity	−40 000	−32 000	1 000	0
Total Equity	−10 000	−2 000	31 000	30 000
Total Long-Term Debt	14 000	12 000	5 000	3 000
Total Current Debt	11 000	0	1 000	11 000
Total Equity and Debt	15 000	11 000	37 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 000	15 000	0	0
Other Income	0	0	26 000	39 000
Revenue	56 000	15 000	26 000	39 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	48 000	25 000	39 000
Operating Profit	−8 000	−33 000	1 000	0
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	−8 000	−33 000	1 000	0

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	11 000	37 000	44 000
Total Current Assets	15 000	11 000	37 000	44 000
Total Assets	15 000	11 000	37 000	44 000
Total Equity	−10 000	−2 000	31 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	12 000	5 000	3 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	11 000	0	0	11 000
Total Current Debt	11 000	0	1 000	11 000
Total Equity and Debt	15 000	11 000	37 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80 %	1 650 %	3,23 %	0 %
Debt-to-Equity Ratio	−1,4	−6	0,16	0,1
Operating Profit Margin	−14,29 %	−220 %	3,85 %	0 %
Current Ratio	1,36	-	37	4
Quick Ratio	1,36	-	37	4
Equity Ratio	−0,67	−0,18	0,84	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %