SOLAND HOLDING AS

4009 STAVANGER

Finances

Return on Equity

31,82 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 724 000	1 464 000	1 531 000	1 806 000
Net Income	461 000	180 000	443 000	878 000
Total Assets	1 960 000	1 809 000	1 873 000	1 469 000
Total Equity	1 449 000	1 788 000	1 608 000	1 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 724 000	1 464 000	1 531 000	1 806 000
Expenditure	1 296 000	1 140 000	963 000	679 000
Operating Profit	427 000	324 000	568 000	1 127 000
Financial Income	133 000	0	0	0
Financial Costs	0	69 000	0	0
Financial Balance	133 000	−69 000	0	0
Earnings Before Tax	560 000	254 000	568 000	1 127 000
Tax	99 000	75 000	125 000	248 000
Net Income	461 000	180 000	443 000	878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 150 000	1 150 000	1 150 000	400 000
Total Current Assets	810 000	659 000	723 000	1 069 000
Total Assets	1 960 000	1 809 000	1 873 000	1 469 000
Total Retained Equity	1 419 000	1 758 000	1 578 000	1 135 000
Total Equity	1 449 000	1 788 000	1 608 000	1 165 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	511 000	20 000	265 000	304 000
Total Equity and Debt	1 960 000	1 809 000	1 873 000	1 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 724 000	1 464 000	1 531 000	1 806 000
Other Income	0	0	0	0
Revenue	1 724 000	1 464 000	1 531 000	1 806 000
Cost of Goods Sold	0	0	170 000	480 000
Salary Costs	1 107 000	972 000	645 000	21 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 296 000	1 140 000	963 000	679 000
Operating Profit	427 000	324 000	568 000	1 127 000
Financial Income	133 000	0	0	0
Financial Costs	0	69 000	0	0
Financial Balance	133 000	−69 000	0	0
Dividends	400 000	0	0	0
Net Income	461 000	180 000	443 000	878 000

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	1 150 000	1 150 000	1 150 000	400 000
Total Fixed Assets	1 150 000	1 150 000	1 150 000	400 000
Stock	0	0	0	0
Total Investments	100 000	355 000	460 000	0
Cash, Bank	689 000	283 000	259 000	914 000
Total Current Assets	810 000	659 000	723 000	1 069 000
Total Assets	1 960 000	1 809 000	1 873 000	1 469 000
Total Equity	1 449 000	1 788 000	1 608 000	1 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	4 000	0	65 000
Unpaid Taxes	83 000	26 000	96 000	0
Dividends	400 000	0	0	0
Other Current Debt	−72 000	−83 000	45 000	−9 000
Total Current Debt	511 000	20 000	265 000	304 000
Total Equity and Debt	1 960 000	1 809 000	1 873 000	1 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,82 %	10,07 %	27,55 %	75,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,77 %	22,13 %	37,1 %	62,4 %
Current Ratio	1,59	32,95	2,73	3,52
Quick Ratio	1,59	32,95	2,73	3,52
Equity Ratio	0,74	0,99	0,86	0,79
Gross Profit Margin	100 %	100 %	88,9 %	73,42 %