SOLSIDEN GEILO AS

3580 GEILO

Finances

Share Ownership

Return on Equity

398,02 %

Current Ratio

0,27

Debt-to-Equity Ratio

46,96

Key figures (NOK)	2022	2021	2020
Revenue	1 354 000	474 000	60 000
Net Income	402 000	−43 000	−352 000
Total Assets	5 583 000	13 848 000	4 633 000
Total Equity	101 000	−301 000	−258 000

Income (NOK)	2022	2021	2020
Revenue	1 354 000	474 000	60 000
Expenditure	664 000	352 000	373 000
Operating Profit	690 000	123 000	−313 000
Financial Income	5 000	1 000	0
Financial Costs	293 000	167 000	39 000
Financial Balance	−288 000	−166 000	−39 000
Earnings Before Tax	402 000	−43 000	−352 000
Tax	0	0	0
Net Income	402 000	−43 000	−352 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 385 000	13 799 000	4 020 000
Total Current Assets	198 000	50 000	613 000
Total Assets	5 583 000	13 848 000	4 633 000
Total Retained Equity	6 000	−395 000	−352 000
Total Equity	101 000	−301 000	−258 000
Total Long-Term Debt	4 743 000	10 477 000	4 636 000
Total Current Debt	739 000	3 672 000	254 000
Total Equity and Debt	5 583 000	13 848 000	4 633 000

Cash flow (NOK)	2022	2021	2020
Sales Income	393 000	195 000	60 000
Other Income	961 000	279 000	0
Revenue	1 354 000	474 000	60 000
Cost of Goods Sold	6 000	0	0
Salary Costs	0	14 000	0
Depreciation	0	16 000	16 000
Impairment	0	0	0
Expenditure	664 000	352 000	373 000
Operating Profit	690 000	123 000	−313 000
Financial Income	5 000	1 000	0
Financial Costs	293 000	167 000	39 000
Financial Balance	−288 000	−166 000	−39 000
Dividends	0	0	0
Net Income	402 000	−43 000	−352 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 337 000	13 751 000	3 956 000
Machinery and Plant Facilities	0	0	0
Fixtures	48 000	48 000	64 000
Total Tangible Assets	5 385 000	13 799 000	4 020 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 385 000	13 799 000	4 020 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	10 000	16 000	16 000
Total Current Assets	198 000	50 000	613 000
Total Assets	5 583 000	13 848 000	4 633 000
Total Equity	101 000	−301 000	−258 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 743 000	10 477 000	4 636 000
Creditors	29 000	32 000	254 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	710 000	3 640 000	0
Total Current Debt	739 000	3 672 000	254 000
Total Equity and Debt	5 583 000	13 848 000	4 633 000

Financial indicators	2022	2021	2020
Return on Equity	398,02 %	14,29 %	136,43 %
Debt-to-Equity Ratio	46,96	−34,81	−17,97
Operating Profit Margin	50,96 %	25,95 %	−521,67 %
Current Ratio	0,27	0,01	2,41
Quick Ratio	0,27	0,01	2,41
Equity Ratio	0,02	−0,02	−0,06
Gross Profit Margin	99,56 %	100 %	100 %