SOLSTRAND MASKIN AS

5938 SÆBØVÅGEN

Finances

Share Ownership

Return on Equity

39,84 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	574 000	155 000	86 000	0
Net Income	−153 000	−142 000	−101 000	−18 000
Total Assets	639 000	688 000	709 000	22 000
Total Equity	−384 000	−231 000	−89 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	574 000	155 000	86 000	0
Expenditure	770 000	338 000	215 000	23 000
Operating Profit	−196 000	−182 000	−130 000	−23 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−197 000	−182 000	−130 000	−23 000
Tax	−43 000	−40 000	−29 000	−5 000
Net Income	−153 000	−142 000	−101 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	476 000	552 000	647 000	5 000
Total Current Assets	163 000	136 000	62 000	17 000
Total Assets	639 000	688 000	709 000	22 000
Total Retained Equity	−414 000	−261 000	−119 000	−18 000
Total Equity	−384 000	−231 000	−89 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 023 000	919 000	798 000	10 000
Total Equity and Debt	639 000	688 000	709 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	574 000	155 000	86 000	0
Other Income	0	0	0	0
Revenue	574 000	155 000	86 000	0
Cost of Goods Sold	497 000	103 000	43 000	10 000
Salary Costs	1 000	3 000	2 000	0
Depreciation	137 000	135 000	60 000	0
Impairment	0	0	0	0
Expenditure	770 000	338 000	215 000	23 000
Operating Profit	−196 000	−182 000	−130 000	−23 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−153 000	−142 000	−101 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	117 000	74 000	34 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	293 000	409 000	526 000	0
Fixtures	66 000	69 000	88 000	0
Total Tangible Assets	359 000	479 000	613 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	476 000	552 000	647 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	0	59 000	13 000
Total Current Assets	163 000	136 000	62 000	17 000
Total Assets	639 000	688 000	709 000	22 000
Total Equity	−384 000	−231 000	−89 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	148 000	1 000	10 000	10 000
Unpaid Taxes	−2 000	18 000	−13 000	0
Dividends	0	0	0	0
Other Current Debt	877 000	900 000	800 000	0
Total Current Debt	1 023 000	919 000	798 000	10 000
Total Equity and Debt	639 000	688 000	709 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,84 %	61,47 %	113,48 %	−150 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−34,15 %	−117,42 %	−151,16 %	-
Current Ratio	0,16	0,15	0,08	1,7
Quick Ratio	0,16	0,15	0,08	1,7
Equity Ratio	−0,6	−0,34	−0,13	0,55
Gross Profit Margin	13,41 %	33,55 %	50 %	-