SOLSIDEN FØRDE AS

5015 BERGEN

Finances

Return on Equity

−4,12 %

Current Ratio

52,15

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−127 000	−779 000	−240 000	−133 000
Total Assets	15 020 000	14 892 000	10 538 000	6 042 000
Total Equity	3 085 000	3 212 000	3 218 000	3 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	165 000	171 000	263 000	172 000
Operating Profit	−165 000	−171 000	−263 000	−172 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	0	689 000	45 000	6 000
Financial Balance	3 000	−687 000	−44 000	−5 000
Earnings Before Tax	−162 000	−857 000	−307 000	−177 000
Tax	−36 000	−78 000	−68 000	−44 000
Net Income	−127 000	−779 000	−240 000	−133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 724 000	4 223 000
Total Current Assets	15 020 000	14 892 000	5 813 000	1 818 000
Total Assets	15 020 000	14 892 000	10 538 000	6 042 000
Total Retained Equity	736 000	862 000	1 641 000	1 881 000
Total Equity	3 085 000	3 212 000	3 218 000	3 161 000
Total Long-Term Debt	11 646 000	10 964 000	6 924 000	2 871 000
Total Current Debt	288 000	717 000	395 000	9 000
Total Equity and Debt	15 020 000	14 892 000	10 538 000	6 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	165 000	171 000	263 000	172 000
Operating Profit	−165 000	−171 000	−263 000	−172 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	0	689 000	45 000	6 000
Financial Balance	3 000	−687 000	−44 000	−5 000
Dividends	0	0	0	0
Net Income	−127 000	−779 000	−240 000	−133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	4 223 000	4 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	4 223 000	4 223 000
Total Fiancial Fixed Assets	0	0	501 000	0
Total Fixed Assets	0	0	4 724 000	4 223 000
Stock	15 002 000	13 236 000	5 327 000	1 344 000
Total Investments	0	0	0	0
Cash, Bank	11 000	658 000	105 000	79 000
Total Current Assets	15 020 000	14 892 000	5 813 000	1 818 000
Total Assets	15 020 000	14 892 000	10 538 000	6 042 000
Total Equity	3 085 000	3 212 000	3 218 000	3 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 646 000	10 964 000	6 924 000	2 871 000
Creditors	218 000	717 000	395 000	9 000
Unpaid Taxes	34 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	0	0	0
Total Current Debt	288 000	717 000	395 000	9 000
Total Equity and Debt	15 020 000	14 892 000	10 538 000	6 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,12 %	−24,25 %	−7,46 %	−4,21 %
Debt-to-Equity Ratio	3,78	3,41	2,15	0,91
Operating Profit Margin	-	-	-	-
Current Ratio	52,15	20,77	14,72	202
Quick Ratio	−1,02	−1,19	−1,18	−1,36
Equity Ratio	0,21	0,22	0,31	0,52
Gross Profit Margin	-	-	-	-