SOLIDIFY AS

0185 OSLO

Finances

Share Ownership

Return on Equity

27,78 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020
Revenue	1 845 000	190 000	0
Net Income	15 000	−40 000	−42 000
Total Assets	741 000	235 000	16 000
Total Equity	54 000	38 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	1 845 000	190 000	0
Expenditure	1 830 000	229 000	42 000
Operating Profit	16 000	−39 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	15 000	−40 000	−42 000
Tax	0	0	0
Net Income	15 000	−40 000	−42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 000	8 000	15 000
Total Current Assets	740 000	226 000	1 000
Total Assets	741 000	235 000	16 000
Total Retained Equity	−66 000	−82 000	−42 000
Total Equity	54 000	38 000	−12 000
Total Long-Term Debt	37 000	37 000	0
Total Current Debt	651 000	159 000	28 000
Total Equity and Debt	741 000	235 000	16 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 845 000	190 000	0
Other Income	0	0	0
Revenue	1 845 000	190 000	0
Cost of Goods Sold	1 141 000	170 000	0
Salary Costs	468 000	0	10 000
Depreciation	7 000	7 000	6 000
Impairment	0	0	0
Expenditure	1 830 000	229 000	42 000
Operating Profit	16 000	−39 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	15 000	−40 000	−42 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 000	8 000	15 000
Total Tangible Assets	1 000	8 000	15 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 000	8 000	15 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	61 000	144 000	1 000
Total Current Assets	740 000	226 000	1 000
Total Assets	741 000	235 000	16 000
Total Equity	54 000	38 000	−12 000
Short-Term Group Debt	0	0	12 000
Total Long-Term Debt	37 000	37 000	0
Creditors	312 000	87 000	0
Unpaid Taxes	184 000	24 000	0
Dividends	0	0	0
Other Current Debt	154 000	48 000	16 000
Total Current Debt	651 000	159 000	28 000
Total Equity and Debt	741 000	235 000	16 000

Financial indicators	2022	2021	2020
Return on Equity	27,78 %	−105,26 %	350 %
Debt-to-Equity Ratio	0,69	0,97	−0
Operating Profit Margin	0,87 %	−20,53 %	-
Current Ratio	1,14	1,42	0,04
Quick Ratio	1,14	1,42	0,04
Equity Ratio	0,07	0,16	−0,75
Gross Profit Margin	38,16 %	10,53 %	-