SOLBAKKEN 360 AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

61,66 %

Current Ratio

1,59

Debt-to-Equity Ratio

−4,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 000	100 000	0	0
Net Income	−3 151 000	−1 206 000	−569 000	−271 000
Total Assets	45 512 000	41 071 000	22 633 000	16 096 000
Total Equity	−5 110 000	−1 959 000	−754 000	−185 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 000	100 000	0	0
Expenditure	3 164 000	1 278 000	565 000	271 000
Operating Profit	−3 070 000	−1 179 000	−565 000	−271 000
Financial Income	0	0	0	0
Financial Costs	80 000	27 000	4 000	0
Financial Balance	−80 000	−27 000	−4 000	0
Earnings Before Tax	−3 151 000	−1 206 000	−569 000	−271 000
Tax	0	0	0	0
Net Income	−3 151 000	−1 206 000	−569 000	−271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	1 861 000	0	0
Total Current Assets	45 357 000	39 210 000	22 633 000	16 096 000
Total Assets	45 512 000	41 071 000	22 633 000	16 096 000
Total Retained Equity	−5 277 000	−2 126 000	−920 000	−351 000
Total Equity	−5 110 000	−1 959 000	−754 000	−185 000
Total Long-Term Debt	22 178 000	10 703 000	6 435 000	6 435 000
Total Current Debt	28 443 000	32 327 000	16 952 000	9 846 000
Total Equity and Debt	45 512 000	41 071 000	22 633 000	16 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 000	201 000	0	0
Other Income	−132 000	−102 000	0	0
Revenue	93 000	100 000	0	0
Cost of Goods Sold	28 000	17 000	0	0
Salary Costs	1 216 000	1 059 000	477 000	207 000
Depreciation	88 000	22 000	0	0
Impairment	0	0	0	0
Expenditure	3 164 000	1 278 000	565 000	271 000
Operating Profit	−3 070 000	−1 179 000	−565 000	−271 000
Financial Income	0	0	0	0
Financial Costs	80 000	27 000	4 000	0
Financial Balance	−80 000	−27 000	−4 000	0
Dividends	0	0	0	0
Net Income	−3 151 000	−1 206 000	−569 000	−271 000

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	155 000	243 000	0	0
Total Tangible Assets	155 000	243 000	0	0
Total Fiancial Fixed Assets	0	1 618 000	0	0
Total Fixed Assets	155 000	1 861 000	0	0
Stock	45 150 000	39 006 000	20 972 000	14 708 000
Total Investments	0	0	0	0
Cash, Bank	144 000	139 000	140 000	397 000
Total Current Assets	45 357 000	39 210 000	22 633 000	16 096 000
Total Assets	45 512 000	41 071 000	22 633 000	16 096 000
Total Equity	−5 110 000	−1 959 000	−754 000	−185 000
Short-Term Group Debt	0	977 000	2 764 000	288 000
Total Long-Term Debt	22 178 000	10 703 000	6 435 000	6 435 000
Creditors	43 000	1 205 000	17 000	550 000
Unpaid Taxes	82 000	88 000	111 000	25 000
Dividends	0	0	0	0
Other Current Debt	22 783 000	14 100 000	14 058 000	3 481 000
Total Current Debt	28 443 000	32 327 000	16 952 000	9 846 000
Total Equity and Debt	45 512 000	41 071 000	22 633 000	16 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,66 %	61,56 %	75,46 %	146,49 %
Debt-to-Equity Ratio	−4,34	−5,46	−8,53	−34,78
Operating Profit Margin	−3 301,08 %	−1 179 %	-	-
Current Ratio	1,59	1,21	1,34	1,63
Quick Ratio	−2,71	−5,87	−5,63	−3,31
Equity Ratio	−0,11	−0,05	−0,03	−0,01
Gross Profit Margin	69,89 %	83 %	-	-