SOLVANG EIENDOM AS

3937 PORSGRUNN

Finances

Share Ownership

Return on Equity

28,55 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 113 000	1 975 000	1 530 000	1 503 000
Net Income	1 275 000	1 186 000	755 000	499 000
Total Assets	4 850 000	4 583 000	4 263 000	4 455 000
Total Equity	4 466 000	3 192 000	2 006 000	1 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 113 000	1 975 000	1 530 000	1 503 000
Expenditure	473 000	408 000	517 000	694 000
Operating Profit	1 640 000	1 567 000	1 013 000	810 000
Financial Income	0	0	1 000	2 000
Financial Costs	6 000	47 000	46 000	172 000
Financial Balance	−6 000	−47 000	−45 000	−170 000
Earnings Before Tax	1 635 000	1 520 000	968 000	640 000
Tax	360 000	334 000	213 000	141 000
Net Income	1 275 000	1 186 000	755 000	499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 591 000	3 734 000	3 888 000	4 041 000
Total Current Assets	1 260 000	849 000	375 000	414 000
Total Assets	4 850 000	4 583 000	4 263 000	4 455 000
Total Retained Equity	4 053 000	2 778 000	1 592 000	837 000
Total Equity	4 466 000	3 192 000	2 006 000	1 251 000
Total Long-Term Debt	0	973 000	2 020 000	2 977 000
Total Current Debt	384 000	419 000	238 000	227 000
Total Equity and Debt	4 850 000	4 583 000	4 263 000	4 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 113 000	1 975 000	1 530 000	1 503 000
Revenue	2 113 000	1 975 000	1 530 000	1 503 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	138 000	150 000	150 000	150 000
Impairment	0	0	0	0
Expenditure	473 000	408 000	517 000	694 000
Operating Profit	1 640 000	1 567 000	1 013 000	810 000
Financial Income	0	0	1 000	2 000
Financial Costs	6 000	47 000	46 000	172 000
Financial Balance	−6 000	−47 000	−45 000	−170 000
Dividends	0	0	0	0
Net Income	1 275 000	1 186 000	755 000	499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 000	92 000	97 000	100 000
Real Eastate	1 667 000	1 751 000	1 847 000	1 943 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 836 000	1 890 000	1 944 000	1 998 000
Total Tangible Assets	3 504 000	3 641 000	3 791 000	3 942 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 591 000	3 734 000	3 888 000	4 041 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	255 000	385 000	166 000	190 000
Total Current Assets	1 260 000	849 000	375 000	414 000
Total Assets	4 850 000	4 583 000	4 263 000	4 455 000
Total Equity	4 466 000	3 192 000	2 006 000	1 251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	973 000	2 020 000	2 977 000
Creditors	24 000	0	0	50 000
Unpaid Taxes	0	88 000	27 000	0
Dividends	0	0	0	0
Other Current Debt	6 000	1 000	1 000	44 000
Total Current Debt	384 000	419 000	238 000	227 000
Total Equity and Debt	4 850 000	4 583 000	4 263 000	4 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,55 %	37,16 %	37,64 %	39,89 %
Debt-to-Equity Ratio	0	0,3	1,01	2,38
Operating Profit Margin	77,61 %	79,34 %	66,21 %	53,89 %
Current Ratio	3,28	2,03	1,58	1,82
Quick Ratio	3,28	2,03	1,58	1,82
Equity Ratio	0,92	0,7	0,47	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %