SOLARMASS AS

0191 OSLO

Finances

Share Ownership

Return on Equity

85,87 %

Current Ratio

17,59

Debt-to-Equity Ratio

−4,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	572 000	3 868 000	673 000	596 000
Net Income	−383 000	−593 000	77 000	−539 000
Total Assets	1 645 000	1 574 000	1 364 000	604 000
Total Equity	−446 000	−63 000	530 000	−444 000

Income (NOK)	2022	2021	2020	2019
Revenue	572 000	3 868 000	673 000	596 000
Expenditure	847 000	4 457 000	592 000	1 134 000
Operating Profit	−275 000	−589 000	81 000	−539 000
Financial Income	0	66 000	1 000	0
Financial Costs	108 000	70 000	5 000	0
Financial Balance	−108 000	−4 000	−4 000	0
Earnings Before Tax	−383 000	−593 000	77 000	−539 000
Tax	0	0	0	0
Net Income	−383 000	−593 000	77 000	−539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	16 000	0	0
Total Current Assets	1 618 000	1 558 000	1 364 000	604 000
Total Assets	1 645 000	1 574 000	1 364 000	604 000
Total Retained Equity	−1 438 000	−1 055 000	−461 000	−539 000
Total Equity	−446 000	−63 000	530 000	−444 000
Total Long-Term Debt	2 000 000	2 000 000	200 000	500 000
Total Current Debt	92 000	−362 000	634 000	548 000
Total Equity and Debt	1 645 000	1 574 000	1 364 000	604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	572 000	3 507 000	334 000	564 000
Other Income	0	361 000	339 000	32 000
Revenue	572 000	3 868 000	673 000	596 000
Cost of Goods Sold	133 000	4 059 000	501 000	1 004 000
Salary Costs	574 000	107 000	1 000	0
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	847 000	4 457 000	592 000	1 134 000
Operating Profit	−275 000	−589 000	81 000	−539 000
Financial Income	0	66 000	1 000	0
Financial Costs	108 000	70 000	5 000	0
Financial Balance	−108 000	−4 000	−4 000	0
Dividends	0	0	0	0
Net Income	−383 000	−593 000	77 000	−539 000

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	27 000	16 000	0	0
Total Tangible Assets	27 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	16 000	0	0
Stock	250 000	195 000	144 000	212 000
Total Investments	0	0	0	0
Cash, Bank	35 000	1 234 000	400 000	390 000
Total Current Assets	1 618 000	1 558 000	1 364 000	604 000
Total Assets	1 645 000	1 574 000	1 364 000	604 000
Total Equity	−446 000	−63 000	530 000	−444 000
Short-Term Group Debt	11 000	11 000	556 000	545 000
Total Long-Term Debt	2 000 000	2 000 000	200 000	500 000
Creditors	5 000	−374 000	9 000	2 000
Unpaid Taxes	14 000	0	58 000	0
Dividends	0	0	0	0
Other Current Debt	61 000	0	10 000	1 000
Total Current Debt	92 000	−362 000	634 000	548 000
Total Equity and Debt	1 645 000	1 574 000	1 364 000	604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,87 %	941,27 %	14,53 %	121,4 %
Debt-to-Equity Ratio	−4,48	−31,75	0,38	−1,13
Operating Profit Margin	−48,08 %	−15,23 %	12,04 %	−90,44 %
Current Ratio	17,59	−4,3	2,15	1,1
Quick Ratio	−10,24	−2,8	2,78	1,8
Equity Ratio	−0,27	−0,04	0,39	−0,74
Gross Profit Margin	76,75 %	−4,94 %	25,56 %	−68,46 %