SOLSTAD UTVIKLING AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

9,32 %

Current Ratio

2,58

Debt-to-Equity Ratio

7,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	77 000	0
Net Income	63 000	39 000	−5 000	−22 000
Total Assets	8 939 000	7 310 000	5 014 000	5 213 000
Total Equity	676 000	613 000	574 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	77 000	0
Expenditure	39 000	71 000	50 000	20 000
Operating Profit	81 000	49 000	27 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	34 000	11 000
Financial Balance	0	0	−34 000	−11 000
Earnings Before Tax	81 000	49 000	−7 000	−31 000
Tax	18 000	11 000	−1 000	−9 000
Net Income	63 000	39 000	−5 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	16 000	14 000
Total Current Assets	8 939 000	7 305 000	4 998 000	5 199 000
Total Assets	8 939 000	7 310 000	5 014 000	5 213 000
Total Retained Equity	46 000	−17 000	−56 000	−51 000
Total Equity	676 000	613 000	574 000	−21 000
Total Long-Term Debt	4 803 000	4 790 000	3 360 000	0
Total Current Debt	3 460 000	1 907 000	1 080 000	5 234 000
Total Equity and Debt	8 939 000	7 310 000	5 014 000	5 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	120 000	77 000	0
Revenue	120 000	120 000	77 000	0
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	39 000	71 000	50 000	20 000
Operating Profit	81 000	49 000	27 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	34 000	11 000
Financial Balance	0	0	−34 000	−11 000
Dividends	0	0	0	0
Net Income	63 000	39 000	−5 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	16 000	14 000
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	5 000	16 000	14 000
Stock	8 861 000	7 290 000	4 951 000	4 569 000
Total Investments	0	0	0	0
Cash, Bank	17 000	15 000	37 000	630 000
Total Current Assets	8 939 000	7 305 000	4 998 000	5 199 000
Total Assets	8 939 000	7 310 000	5 014 000	5 213 000
Total Equity	676 000	613 000	574 000	−21 000
Short-Term Group Debt	2 846 000	1 346 000	508 000	919 000
Total Long-Term Debt	4 803 000	4 790 000	3 360 000	0
Creditors	48 000	22 000	51 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	566 000	539 000	521 000	4 306 000
Total Current Debt	3 460 000	1 907 000	1 080 000	5 234 000
Total Equity and Debt	8 939 000	7 310 000	5 014 000	5 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,32 %	6,36 %	−0,87 %	104,76 %
Debt-to-Equity Ratio	7,11	7,81	5,85	−0
Operating Profit Margin	67,5 %	40,83 %	35,06 %	-
Current Ratio	2,58	3,83	4,63	0,99
Quick Ratio	−1,66	−1,36	−1,29	7,82
Equity Ratio	0,08	0,08	0,11	−0
Gross Profit Margin	100 %	100 %	100 %	-