SOLBAC TRANSPORT AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

−29,81 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	472 000	561 000	316 000
Net Income	−93 000	−26 000	−46 000
Total Assets	402 000	561 000	621 000
Total Equity	312 000	405 000	430 000

Income (NOK)	2022	2021	2020
Revenue	472 000	561 000	316 000
Expenditure	592 000	594 000	375 000
Operating Profit	−120 000	−33 000	−58 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−120 000	−33 000	−58 000
Tax	−26 000	−7 000	−13 000
Net Income	−93 000	−26 000	−46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	214 000	240 000	286 000
Total Current Assets	188 000	321 000	335 000
Total Assets	402 000	561 000	621 000
Total Retained Equity	281 000	374 000	399 000
Total Equity	312 000	405 000	430 000
Total Long-Term Debt	0	0	0
Total Current Debt	90 000	156 000	191 000
Total Equity and Debt	402 000	561 000	621 000

Cash flow (NOK)	2022	2021	2020
Sales Income	472 000	561 000	316 000
Other Income	0	0	0
Revenue	472 000	561 000	316 000
Cost of Goods Sold	3 000	0	0
Salary Costs	426 000	393 000	222 000
Depreciation	53 000	53 000	53 000
Impairment	0	0	0
Expenditure	592 000	594 000	375 000
Operating Profit	−120 000	−33 000	−58 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−93 000	−26 000	−46 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	34 000	7 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	180 000	233 000	286 000
Total Tangible Assets	180 000	233 000	286 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	214 000	240 000	286 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	150 000	187 000	90 000
Total Current Assets	188 000	321 000	335 000
Total Assets	402 000	561 000	621 000
Total Equity	312 000	405 000	430 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	9 000	−1 000	5 000
Unpaid Taxes	34 000	70 000	47 000
Dividends	0	0	0
Other Current Debt	48 000	86 000	139 000
Total Current Debt	90 000	156 000	191 000
Total Equity and Debt	402 000	561 000	621 000

Financial indicators	2022	2021	2020
Return on Equity	−29,81 %	−6,42 %	−10,7 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−25,42 %	−5,88 %	−18,35 %
Current Ratio	2,09	2,06	1,75
Quick Ratio	2,09	2,06	1,75
Equity Ratio	0,78	0,72	0,69
Gross Profit Margin	99,36 %	100 %	100 %