Solvik Borettslag

3181 HORTEN

Finances

Share Ownership

Return on Equity

−4,88 %

Current Ratio

3,99

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 175 000	1 138 000	1 118 000	1 129 000
Net Income	−87 000	138 000	323 000	469 000
Total Assets	3 662 000	4 065 000	4 182 000	4 052 000
Total Equity	1 783 000	1 870 000	1 732 000	1 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 175 000	1 138 000	1 118 000	1 129 000
Expenditure	1 213 000	961 000	747 000	600 000
Operating Profit	−38 000	177 000	371 000	529 000
Financial Income	5 000	2 000	4 000	6 000
Financial Costs	54 000	41 000	52 000	67 000
Financial Balance	−49 000	−39 000	−48 000	−61 000
Earnings Before Tax	−87 000	138 000	323 000	469 000
Tax	0	0	0	0
Net Income	−87 000	138 000	323 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 080 000	3 080 000	3 080 000	3 080 000
Total Current Assets	582 000	985 000	1 102 000	972 000
Total Assets	3 662 000	4 065 000	4 182 000	4 052 000
Total Retained Equity	1 780 000	1 868 000	1 729 000	1 406 000
Total Equity	1 783 000	1 870 000	1 732 000	1 409 000
Total Long-Term Debt	1 734 000	1 984 000	2 235 000	2 486 000
Total Current Debt	146 000	211 000	216 000	158 000
Total Equity and Debt	3 662 000	4 065 000	4 182 000	4 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 175 000	1 138 000	1 118 000	1 129 000
Revenue	1 175 000	1 138 000	1 118 000	1 129 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 213 000	961 000	747 000	600 000
Operating Profit	−38 000	177 000	371 000	529 000
Financial Income	5 000	2 000	4 000	6 000
Financial Costs	54 000	41 000	52 000	67 000
Financial Balance	−49 000	−39 000	−48 000	−61 000
Dividends	0	0	0	0
Net Income	−87 000	138 000	323 000	469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 080 000	3 080 000	3 080 000	3 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 080 000	3 080 000	3 080 000	3 080 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 080 000	3 080 000	3 080 000	3 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	383 000	785 000	915 000	815 000
Total Current Assets	582 000	985 000	1 102 000	972 000
Total Assets	3 662 000	4 065 000	4 182 000	4 052 000
Total Equity	1 783 000	1 870 000	1 732 000	1 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 734 000	1 984 000	2 235 000	2 486 000
Creditors	145 000	207 000	215 000	157 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	4 000	0	0
Total Current Debt	146 000	211 000	216 000	158 000
Total Equity and Debt	3 662 000	4 065 000	4 182 000	4 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,88 %	7,38 %	18,65 %	33,29 %
Debt-to-Equity Ratio	0,97	1,06	1,29	1,76
Operating Profit Margin	−3,23 %	15,55 %	33,18 %	46,86 %
Current Ratio	3,99	4,67	5,1	6,15
Quick Ratio	3,99	4,67	5,1	6,15
Equity Ratio	0,49	0,46	0,41	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %