company

SWITCHR SOLAR AS

0158 OSLO

Finances

Share Ownership

Return on Equity

87,36 %

Current Ratio

5,99

Debt-to-Equity Ratio

−28,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−636 000	−107 000	−8 000	−1 000
Total Assets	19 976 000	7 685 000	30 000	30 000
Total Equity	−728 000	−93 000	15 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	542 000	1 000	8 000	1 000
Operating Profit	−542 000	−1 000	−8 000	−1 000
Financial Income	14 000	26 000	0	0
Financial Costs	109 000	130 000	0	0
Financial Balance	−95 000	−104 000	0	0
Earnings Before Tax	−636 000	−105 000	−8 000	−1 000
Tax	0	2 000	0	0
Net Income	−636 000	−107 000	−8 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 204 000	6 270 000	0	0
Total Current Assets	1 772 000	1 415 000	30 000	30 000
Total Assets	19 976 000	7 685 000	30 000	30 000
Total Retained Equity	−753 000	−117 000	−10 000	−1 000
Total Equity	−728 000	−93 000	15 000	23 000
Total Long-Term Debt	20 409 000	7 522 000	0	0
Total Current Debt	296 000	256 000	15 000	7 000
Total Equity and Debt	19 976 000	7 685 000	30 000	30 000

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	542 000	1 000	8 000	1 000
Operating Profit	−542 000	−1 000	−8 000	−1 000
Financial Income	14 000	26 000	0	0
Financial Costs	109 000	130 000	0	0
Financial Balance	−95 000	−104 000	0	0
Dividends	0	0	0	0
Net Income	−636 000	−107 000	−8 000	−1 000

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	18 204 000	6 270 000	0	0
Total Fixed Assets	18 204 000	6 270 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	376 000	0	0	0
Total Current Assets	1 772 000	1 415 000	30 000	30 000
Total Assets	19 976 000	7 685 000	30 000	30 000
Total Equity	−728 000	−93 000	15 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 409 000	7 522 000	0	0
Creditors	49 000	0	8 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	247 000	254 000	7 000	6 000
Total Current Debt	296 000	256 000	15 000	7 000
Total Equity and Debt	19 976 000	7 685 000	30 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,36 %	115,05 %	−53,33 %	−4,35 %
Debt-to-Equity Ratio	−28,03	−80,88	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	5,99	5,53	2	4,29
Quick Ratio	5,99	5,53	2	4,29
Equity Ratio	−0,04	−0,01	0,5	0,77
Gross Profit Margin	-	-	-	-

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