SOLSVINGEN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

2,53 %

Current Ratio

12,35

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	664 000	672 000	662 000	675 000
Net Income	119 000	110 000	−10 000	251 000
Total Assets	7 524 000	7 386 000	7 279 000	7 266 000
Total Equity	4 705 000	4 586 000	4 476 000	4 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	664 000	672 000	662 000	675 000
Expenditure	546 000	564 000	674 000	425 000
Operating Profit	117 000	108 000	−12 000	250 000
Financial Income	2 000	2 000	3 000	4 000
Financial Costs	0	0	0	3 000
Financial Balance	2 000	2 000	3 000	1 000
Earnings Before Tax	119 000	110 000	−10 000	251 000
Tax	0	0	0	0
Net Income	119 000	110 000	−10 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 919 000	6 919 000	6 919 000	6 919 000
Total Current Assets	605 000	466 000	360 000	347 000
Total Assets	7 524 000	7 386 000	7 279 000	7 266 000
Total Retained Equity	4 704 000	4 585 000	4 475 000	4 485 000
Total Equity	4 705 000	4 586 000	4 476 000	4 486 000
Total Long-Term Debt	2 770 000	2 770 000	2 770 000	2 770 000
Total Current Debt	49 000	30 000	33 000	11 000
Total Equity and Debt	7 524 000	7 386 000	7 279 000	7 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	664 000	672 000	662 000	675 000
Revenue	664 000	672 000	662 000	675 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 000	38 000	58 000	43 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	546 000	564 000	674 000	425 000
Operating Profit	117 000	108 000	−12 000	250 000
Financial Income	2 000	2 000	3 000	4 000
Financial Costs	0	0	0	3 000
Financial Balance	2 000	2 000	3 000	1 000
Dividends	0	0	0	0
Net Income	119 000	110 000	−10 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 903 000	6 903 000	6 903 000	6 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	16 000	16 000	16 000
Total Tangible Assets	6 919 000	6 919 000	6 919 000	6 919 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 919 000	6 919 000	6 919 000	6 919 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	605 000	466 000	360 000	347 000
Total Current Assets	605 000	466 000	360 000	347 000
Total Assets	7 524 000	7 386 000	7 279 000	7 266 000
Total Equity	4 705 000	4 586 000	4 476 000	4 486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 770 000	2 770 000	2 770 000	2 770 000
Creditors	26 000	14 000	15 000	4 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	15 000	17 000	7 000
Total Current Debt	49 000	30 000	33 000	11 000
Total Equity and Debt	7 524 000	7 386 000	7 279 000	7 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,53 %	2,4 %	−0,22 %	5,6 %
Debt-to-Equity Ratio	0,59	0,6	0,62	0,62
Operating Profit Margin	17,62 %	16,07 %	−1,81 %	37,04 %
Current Ratio	12,35	15,53	10,91	31,55
Quick Ratio	12,35	15,53	10,91	31,55
Equity Ratio	0,63	0,62	0,61	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %