SOLSTAD EIENDOM AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

25,78 %

Current Ratio

0,76

Debt-to-Equity Ratio

9,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	999 000	898 000	909 000	799 000
Net Income	174 000	84 000	48 000	157 000
Total Assets	7 742 000	7 556 000	7 464 000	7 498 000
Total Equity	675 000	501 000	417 000	369 000

Income (NOK)	2022	2021	2020	2019
Revenue	999 000	898 000	909 000	799 000
Expenditure	424 000	498 000	542 000	305 000
Operating Profit	575 000	399 000	366 000	494 000
Financial Income	0	0	0	0
Financial Costs	351 000	290 000	305 000	293 000
Financial Balance	−351 000	−290 000	−305 000	−293 000
Earnings Before Tax	224 000	109 000	62 000	201 000
Tax	50 000	24 000	14 000	44 000
Net Income	174 000	84 000	48 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 255 000	7 247 000	7 255 000	7 264 000
Total Current Assets	486 000	309 000	208 000	234 000
Total Assets	7 742 000	7 556 000	7 464 000	7 498 000
Total Retained Equity	505 000	331 000	247 000	199 000
Total Equity	675 000	501 000	417 000	369 000
Total Long-Term Debt	6 424 000	6 446 000	6 447 000	6 437 000
Total Current Debt	642 000	609 000	600 000	691 000
Total Equity and Debt	7 742 000	7 556 000	7 464 000	7 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	999 000	898 000	909 000	799 000
Revenue	999 000	898 000	909 000	799 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	424 000	498 000	542 000	305 000
Operating Profit	575 000	399 000	366 000	494 000
Financial Income	0	0	0	0
Financial Costs	351 000	290 000	305 000	293 000
Financial Balance	−351 000	−290 000	−305 000	−293 000
Dividends	0	0	0	0
Net Income	174 000	84 000	48 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 239 000	7 247 000	7 255 000	7 264 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	7 255 000	7 247 000	7 255 000	7 264 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 255 000	7 247 000	7 255 000	7 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	414 000	260 000	89 000	25 000
Total Current Assets	486 000	309 000	208 000	234 000
Total Assets	7 742 000	7 556 000	7 464 000	7 498 000
Total Equity	675 000	501 000	417 000	369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 424 000	6 446 000	6 447 000	6 437 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	591 000	584 000	595 000	691 000
Total Current Debt	642 000	609 000	600 000	691 000
Total Equity and Debt	7 742 000	7 556 000	7 464 000	7 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,78 %	16,77 %	11,51 %	42,55 %
Debt-to-Equity Ratio	9,52	12,87	15,46	17,44
Operating Profit Margin	57,56 %	44,43 %	40,26 %	61,83 %
Current Ratio	0,76	0,51	0,35	0,34
Quick Ratio	0,76	0,51	0,35	0,34
Equity Ratio	0,09	0,07	0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %