SOLBAC INVEST AS

6009 ÅLESUND

Finances

Return on Equity

−0,72 %

Current Ratio

13,33

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	179 000	120 000	120 000
Net Income	−40 000	238 000	127 000
Total Assets	5 822 000	6 770 000	5 896 000
Total Equity	5 556 000	5 596 000	5 896 000

Income (NOK)	2022	2021	2020
Revenue	179 000	120 000	120 000
Expenditure	208 000	205 000	157 000
Operating Profit	−30 000	−85 000	−37 000
Financial Income	0	323 000	152 000
Financial Costs	21 000	21 000	0
Financial Balance	−21 000	302 000	152 000
Earnings Before Tax	−51 000	217 000	115 000
Tax	−11 000	−21 000	−12 000
Net Income	−40 000	238 000	127 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 782 000	5 899 000	5 710 000
Total Current Assets	40 000	871 000	186 000
Total Assets	5 822 000	6 770 000	5 896 000
Total Retained Equity	5 130 000	5 170 000	5 470 000
Total Equity	5 556 000	5 596 000	5 896 000
Total Long-Term Debt	263 000	636 000	0
Total Current Debt	3 000	538 000	0
Total Equity and Debt	5 822 000	6 770 000	5 896 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	179 000	120 000	120 000
Revenue	179 000	120 000	120 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	128 000	115 000	108 000
Impairment	0	0	0
Expenditure	208 000	205 000	157 000
Operating Profit	−30 000	−85 000	−37 000
Financial Income	0	323 000	152 000
Financial Costs	21 000	21 000	0
Financial Balance	−21 000	302 000	152 000
Dividends	0	538 000	0
Net Income	−40 000	238 000	127 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	33 000	21 000	0
Real Eastate	5 231 000	5 332 000	5 193 000
Machinery and Plant Facilities	0	0	0
Fixtures	19 000	46 000	17 000
Total Tangible Assets	5 250 000	5 378 000	5 210 000
Total Fiancial Fixed Assets	500 000	500 000	500 000
Total Fixed Assets	5 782 000	5 899 000	5 710 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	37 000	7 000	134 000
Total Current Assets	40 000	871 000	186 000
Total Assets	5 822 000	6 770 000	5 896 000
Total Equity	5 556 000	5 596 000	5 896 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	263 000	636 000	0
Creditors	3 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	538 000	0
Other Current Debt	0	0	0
Total Current Debt	3 000	538 000	0
Total Equity and Debt	5 822 000	6 770 000	5 896 000

Financial indicators	2022	2021	2020
Return on Equity	−0,72 %	4,25 %	2,15 %
Debt-to-Equity Ratio	0,05	0,11	0
Operating Profit Margin	−16,76 %	−70,83 %	−30,83 %
Current Ratio	13,33	1,62	-
Quick Ratio	13,33	1,62	-
Equity Ratio	0,95	0,83	1
Gross Profit Margin	100 %	100 %	100 %