SOLÅSEN UTVIKLING AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−388,89 %

Current Ratio

15,77

Debt-to-Equity Ratio

48,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	200 000	200 000
Net Income	−1 715 000	−633 000	108 000	107 000
Total Assets	23 485 000	20 892 000	556 000	417 000
Total Equity	441 000	−393 000	239 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	200 000	200 000
Expenditure	467 000	310 000	99 000	64 000
Operating Profit	−467 000	−310 000	101 000	136 000
Financial Income	0	0	0	0
Financial Costs	1 249 000	323 000	0	0
Financial Balance	−1 249 000	−323 000	0	0
Earnings Before Tax	−1 715 000	−633 000	101 000	136 000
Tax	0	0	−6 000	29 000
Net Income	−1 715 000	−633 000	108 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	30 000
Total Current Assets	23 455 000	20 862 000	526 000	387 000
Total Assets	23 485 000	20 892 000	556 000	417 000
Total Retained Equity	−2 133 000	−418 000	215 000	107 000
Total Equity	441 000	−393 000	239 000	132 000
Total Long-Term Debt	21 557 000	16 986 000	63 000	4 000
Total Current Debt	1 487 000	4 299 000	254 000	282 000
Total Equity and Debt	23 485 000	20 892 000	556 000	417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	200 000	200 000
Other Income	0	0	0	0
Revenue	0	0	200 000	200 000
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	467 000	310 000	99 000	64 000
Operating Profit	−467 000	−310 000	101 000	136 000
Financial Income	0	0	0	0
Financial Costs	1 249 000	323 000	0	0
Financial Balance	−1 249 000	−323 000	0	0
Dividends	0	0	0	0
Net Income	−1 715 000	−633 000	108 000	107 000

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	30 000	30 000	30 000	30 000
Total Fixed Assets	30 000	30 000	30 000	30 000
Stock	23 328 000	20 736 000	188 000	188 000
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	13 000	0
Total Current Assets	23 455 000	20 862 000	526 000	387 000
Total Assets	23 485 000	20 892 000	556 000	417 000
Total Equity	441 000	−393 000	239 000	132 000
Short-Term Group Debt	650 000	0	0	0
Total Long-Term Debt	21 557 000	16 986 000	63 000	4 000
Creditors	175 000	1 280 000	218 000	195 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	662 000	3 019 000	13 000	58 000
Total Current Debt	1 487 000	4 299 000	254 000	282 000
Total Equity and Debt	23 485 000	20 892 000	556 000	417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−388,89 %	161,07 %	45,19 %	81,06 %
Debt-to-Equity Ratio	48,88	−43,22	0,26	0,03
Operating Profit Margin	-	-	50,5 %	68 %
Current Ratio	15,77	4,85	2,07	1,37
Quick Ratio	−1,07	−1,27	7,97	4,12
Equity Ratio	0,02	−0,02	0,43	0,32
Gross Profit Margin	-	-	100 %	100 %