SOLGRID AS

2000 LILLESTRØM

Finances

Return on Equity

−3,07 %

Current Ratio

9,61

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000 000	500 000	0	0
Net Income	−2 083 000	−8 631 000	−2 012 000	0
Total Assets	104 048 000	78 391 000	27 758 000	30 000
Total Equity	67 905 000	69 989 000	24 071 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 000 000	500 000	0
Expenditure	19 384 000	12 006 000	2 939 000
Operating Profit	−18 384 000	−11 506 000	−2 939 000
Financial Income	13 007 000	503 000	0
Financial Costs	445 000	58 000	48 000
Financial Balance	12 562 000	445 000	−48 000
Earnings Before Tax	−5 822 000	−11 062 000	−2 986 000
Tax	−3 739 000	−2 431 000	−974 000
Net Income	−2 083 000	−8 631 000	−2 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 737 000	39 954 000	6 864 000	0
Total Current Assets	69 311 000	38 437 000	20 894 000	30 000
Total Assets	104 048 000	78 391 000	27 758 000	30 000
Total Retained Equity	−2 083 000	0	−2 012 000	0
Total Equity	67 905 000	69 989 000	24 071 000	30 000
Total Long-Term Debt	28 929 000	5 000 000	2 000 000	0
Total Current Debt	7 214 000	3 403 000	1 686 000	0
Total Equity and Debt	104 048 000	78 391 000	27 758 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 000 000	500 000	0
Other Income	0	0	0
Revenue	1 000 000	500 000	0
Cost of Goods Sold	0	0	0
Salary Costs	10 280 000	7 483 000	944 000
Depreciation	61 000	17 000	0
Impairment	0	0	0
Expenditure	19 384 000	12 006 000	2 939 000
Operating Profit	−18 384 000	−11 506 000	−2 939 000
Financial Income	13 007 000	503 000	0
Financial Costs	445 000	58 000	48 000
Financial Balance	12 562 000	445 000	−48 000
Dividends	0	0	0
Net Income	−2 083 000	−8 631 000	−2 012 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 144 000	3 405 000	974 000	0
Real Eastate	0	8 488 000	4 642 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	89 000	0	0
Total Tangible Assets	276 000	8 578 000	4 642 000	0
Total Fiancial Fixed Assets	27 317 000	27 972 000	1 248 000	0
Total Fixed Assets	34 737 000	39 954 000	6 864 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 390 000	36 536 000	20 875 000	0
Total Current Assets	69 311 000	38 437 000	20 894 000	30 000
Total Assets	104 048 000	78 391 000	27 758 000	30 000
Total Equity	67 905 000	69 989 000	24 071 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 929 000	5 000 000	2 000 000	0
Creditors	5 163 000	1 142 000	603 000	0
Unpaid Taxes	690 000	153 000	349 000	0
Dividends	0	0	0	0
Other Current Debt	1 361 000	2 108 000	735 000	0
Total Current Debt	7 214 000	3 403 000	1 686 000	0
Total Equity and Debt	104 048 000	78 391 000	27 758 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,07 %	−12,33 %	−8,36 %	0 %
Debt-to-Equity Ratio	0,43	0,07	0,08	0
Operating Profit Margin	−1 838,4 %	−2 301,2 %	-	-
Current Ratio	9,61	11,3	12,39	-
Quick Ratio	9,61	11,3	12,39	-
Equity Ratio	0,65	0,89	0,87	1
Gross Profit Margin	100 %	100 %	-	-