SOLBAKKEN AS

3580 GEILO

Finances

Share Ownership

Return on Equity

13,25 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	855 000	842 000	841 000
Net Income	40 000	374 000	385 000	85 000
Total Assets	5 557 000	5 289 000	5 473 000	4 650 000
Total Equity	302 000	288 000	270 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	855 000	842 000	841 000
Expenditure	310 000	294 000	262 000	640 000
Operating Profit	148 000	561 000	581 000	201 000
Financial Income	150 000	142 000	134 000	122 000
Financial Costs	246 000	227 000	227 000	216 000
Financial Balance	−96 000	−85 000	−93 000	−94 000
Earnings Before Tax	51 000	475 000	488 000	107 000
Tax	11 000	101 000	103 000	21 000
Net Income	40 000	374 000	385 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 289 000	1 289 000	1 289 000	1 289 000
Total Current Assets	4 269 000	4 000 000	4 184 000	3 361 000
Total Assets	5 557 000	5 289 000	5 473 000	4 650 000
Total Retained Equity	202 000	188 000	170 000	150 000
Total Equity	302 000	288 000	270 000	250 000
Total Long-Term Debt	5 000	1 000	0	0
Total Current Debt	5 249 000	5 000 000	5 203 000	4 400 000
Total Equity and Debt	5 557 000	5 289 000	5 473 000	4 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	458 000	855 000	842 000	841 000
Revenue	458 000	855 000	842 000	841 000
Cost of Goods Sold	0	0	0	0
Salary Costs	52 000	60 000	0	376 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	310 000	294 000	262 000	640 000
Operating Profit	148 000	561 000	581 000	201 000
Financial Income	150 000	142 000	134 000	122 000
Financial Costs	246 000	227 000	227 000	216 000
Financial Balance	−96 000	−85 000	−93 000	−94 000
Dividends	0	0	0	0
Net Income	40 000	374 000	385 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 288 000	1 288 000	1 288 000	1 288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 289 000	1 289 000	1 289 000	1 289 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 289 000	1 289 000	1 289 000	1 289 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 070 000	819 000	1 486 000	827 000
Total Current Assets	4 269 000	4 000 000	4 184 000	3 361 000
Total Assets	5 557 000	5 289 000	5 473 000	4 650 000
Total Equity	302 000	288 000	270 000	250 000
Short-Term Group Debt	5 180 000	4 939 000	5 094 000	4 334 000
Total Long-Term Debt	5 000	1 000	0	0
Creditors	30 000	16 000	70 000	10 000
Unpaid Taxes	2 000	20 000	15 000	31 000
Dividends	0	0	0	0
Other Current Debt	37 000	24 000	24 000	24 000
Total Current Debt	5 249 000	5 000 000	5 203 000	4 400 000
Total Equity and Debt	5 557 000	5 289 000	5 473 000	4 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,25 %	129,86 %	142,59 %	34 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	32,31 %	65,61 %	69 %	23,9 %
Current Ratio	0,81	0,8	0,8	0,76
Quick Ratio	0,81	0,8	0,8	0,76
Equity Ratio	0,05	0,05	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %