SOLINVEST AS

5106 ØVRE ERVIK

Finances

Share Ownership

Return on Equity

−33,08 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 000	12 000	36 000	34 000
Net Income	−88 000	−46 000	−55 000	−78 000
Total Assets	534 000	535 000	542 000	554 000
Total Equity	266 000	354 000	400 000	455 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 000	12 000	36 000	34 000
Expenditure	158 000	57 000	91 000	112 000
Operating Profit	−88 000	−45 000	−55 000	−78 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−88 000	−46 000	−55 000	−78 000
Tax	0	0	0	0
Net Income	−88 000	−46 000	−55 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	534 000	534 000	534 000
Total Current Assets	0	1 000	8 000	20 000
Total Assets	534 000	535 000	542 000	554 000
Total Retained Equity	−54 000	34 000	80 000	135 000
Total Equity	266 000	354 000	400 000	455 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	268 000	181 000	142 000	99 000
Total Equity and Debt	534 000	535 000	542 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	36 000	34 000
Other Income	70 000	12 000	0	0
Revenue	70 000	12 000	36 000	34 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	158 000	57 000	91 000	112 000
Operating Profit	−88 000	−45 000	−55 000	−78 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−88 000	−46 000	−55 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	534 000	534 000	534 000	534 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	534 000	534 000	534 000	534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	534 000	534 000	534 000	534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	8 000	20 000
Total Current Assets	0	1 000	8 000	20 000
Total Assets	534 000	535 000	542 000	554 000
Total Equity	266 000	354 000	400 000	455 000
Short-Term Group Debt	0	11 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	262 000	169 000	142 000	99 000
Total Current Debt	268 000	181 000	142 000	99 000
Total Equity and Debt	534 000	535 000	542 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,08 %	−12,99 %	−13,75 %	−17,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−125,71 %	−375 %	−152,78 %	−229,41 %
Current Ratio	0	0,01	0,06	0,2
Quick Ratio	0	0,01	0,06	0,2
Equity Ratio	0,5	0,66	0,74	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %