SOLHAUG & REITEN AS

7300 ORKANGER

Finances

Return on Equity

−133,33 %

Current Ratio

33,61

Debt-to-Equity Ratio

38,76

Key figures (NOK)	2022	2021	2020
Revenue	0	627 000	392 000
Net Income	−356 000	336 000	187 000
Total Assets	10 936 000	4 730 000	5 514 000
Total Equity	267 000	623 000	287 000

Income (NOK)	2022	2021	2020
Revenue	0	627 000	392 000
Expenditure	453 000	82 000	46 000
Operating Profit	−453 000	545 000	346 000
Financial Income	0	−24 000	0
Financial Costs	4 000	90 000	106 000
Financial Balance	−4 000	−114 000	−106 000
Earnings Before Tax	−456 000	430 000	240 000
Tax	−100 000	95 000	53 000
Net Income	−356 000	336 000	187 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	246 000	72 000	0
Total Current Assets	10 689 000	4 658 000	5 514 000
Total Assets	10 936 000	4 730 000	5 514 000
Total Retained Equity	167 000	523 000	187 000
Total Equity	267 000	623 000	287 000
Total Long-Term Debt	10 350 000	4 031 000	5 011 000
Total Current Debt	318 000	76 000	216 000
Total Equity and Debt	10 936 000	4 730 000	5 514 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	627 000	392 000
Revenue	0	627 000	392 000
Cost of Goods Sold	5 000	2 000	0
Salary Costs	257 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	453 000	82 000	46 000
Operating Profit	−453 000	545 000	346 000
Financial Income	0	−24 000	0
Financial Costs	4 000	90 000	106 000
Financial Balance	−4 000	−114 000	−106 000
Dividends	0	0	0
Net Income	−356 000	336 000	187 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	100 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	146 000	72 000	0
Total Fixed Assets	246 000	72 000	0
Stock	10 654 000	4 648 000	5 152 000
Total Investments	0	0	0
Cash, Bank	10 000	11 000	14 000
Total Current Assets	10 689 000	4 658 000	5 514 000
Total Assets	10 936 000	4 730 000	5 514 000
Total Equity	267 000	623 000	287 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 350 000	4 031 000	5 011 000
Creditors	2 000	−1 000	72 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	317 000	−18 000	91 000
Total Current Debt	318 000	76 000	216 000
Total Equity and Debt	10 936 000	4 730 000	5 514 000

Financial indicators	2022	2021	2020
Return on Equity	−133,33 %	53,93 %	65,16 %
Debt-to-Equity Ratio	38,76	6,47	17,46
Operating Profit Margin	-	86,92 %	88,27 %
Current Ratio	33,61	61,29	25,53
Quick Ratio	−1,03	−1,02	−1,12
Equity Ratio	0,02	0,13	0,05
Gross Profit Margin	-	99,68 %	100 %