SOLSTAD TRANSPORT AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

−593,75 %

Current Ratio

5,53

Debt-to-Equity Ratio

29,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 467 000	2 580 000	2 444 000	2 568 000
Net Income	−285 000	489 000	169 000	−950 000
Total Assets	1 516 000	2 047 000	1 313 000	2 071 000
Total Equity	48 000	−1 667 000	−2 157 000	−2 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 467 000	2 580 000	2 444 000	2 568 000
Expenditure	1 713 000	2 057 000	2 228 000	3 500 000
Operating Profit	−246 000	522 000	217 000	−933 000
Financial Income	0	0	0	0
Financial Costs	39 000	33 000	6 000	17 000
Financial Balance	−39 000	−33 000	−6 000	−17 000
Earnings Before Tax	−285 000	489 000	210 000	−950 000
Tax	0	0	42 000	0
Net Income	−285 000	489 000	169 000	−950 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 224 000	1 366 000	855 000	1 881 000
Total Current Assets	293 000	681 000	458 000	190 000
Total Assets	1 516 000	2 047 000	1 313 000	2 071 000
Total Retained Equity	−4 952 000	−4 667 000	−5 157 000	−5 326 000
Total Equity	48 000	−1 667 000	−2 157 000	−2 326 000
Total Long-Term Debt	1 416 000	3 570 000	3 331 000	3 851 000
Total Current Debt	53 000	144 000	138 000	546 000
Total Equity and Debt	1 516 000	2 047 000	1 313 000	2 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 467 000	2 164 000	2 235 000	2 556 000
Other Income	0	415 000	209 000	11 000
Revenue	1 467 000	2 580 000	2 444 000	2 568 000
Cost of Goods Sold	84 000	257 000	62 000	596 000
Salary Costs	60 000	0	1 000	33 000
Depreciation	224 000	200 000	175 000	381 000
Impairment	0	0	0	0
Expenditure	1 713 000	2 057 000	2 228 000	3 500 000
Operating Profit	−246 000	522 000	217 000	−933 000
Financial Income	0	0	0	0
Financial Costs	39 000	33 000	6 000	17 000
Financial Balance	−39 000	−33 000	−6 000	−17 000
Dividends	0	0	0	0
Net Income	−285 000	489 000	169 000	−950 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	848 000	1 036 000	597 000	1 515 000
Fixtures	327 000	252 000	151 000	73 000
Total Tangible Assets	1 175 000	1 288 000	748 000	1 588 000
Total Fiancial Fixed Assets	49 000	78 000	107 000	252 000
Total Fixed Assets	1 224 000	1 366 000	855 000	1 881 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	70 000	5 000	5 000
Total Current Assets	293 000	681 000	458 000	190 000
Total Assets	1 516 000	2 047 000	1 313 000	2 071 000
Total Equity	48 000	−1 667 000	−2 157 000	−2 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 416 000	3 570 000	3 331 000	3 851 000
Creditors	13 000	29 000	5 000	133 000
Unpaid Taxes	15 000	86 000	28 000	27 000
Dividends	0	0	0	0
Other Current Debt	25 000	30 000	62 000	217 000
Total Current Debt	53 000	144 000	138 000	546 000
Total Equity and Debt	1 516 000	2 047 000	1 313 000	2 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−593,75 %	−29,33 %	−7,83 %	40,84 %
Debt-to-Equity Ratio	29,5	−2,14	−1,54	−1,66
Operating Profit Margin	−16,77 %	20,23 %	8,88 %	−36,33 %
Current Ratio	5,53	4,73	3,32	0,35
Quick Ratio	5,53	4,73	3,32	0,35
Equity Ratio	0,03	−0,81	−1,64	−1,12
Gross Profit Margin	94,27 %	90,04 %	97,46 %	76,79 %