SOLBAKKEN II BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

9,48 %

Current Ratio

9,4

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	469 000	461 000	461 000	469 000
Net Income	81 000	−467 000	141 000	91 000
Total Assets	2 298 000	2 273 000	2 808 000	2 738 000
Total Equity	854 000	773 000	1 240 000	1 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	469 000	461 000	461 000	469 000
Expenditure	368 000	337 000	281 000	311 000
Operating Profit	102 000	−451 000	159 000	106 000
Financial Income	5 000	1 000	4 000	18 000
Financial Costs	25 000	16 000	22 000	34 000
Financial Balance	−20 000	−15 000	−18 000	−16 000
Earnings Before Tax	81 000	109 000	163 000	143 000
Tax	0	0	0	0
Net Income	81 000	−467 000	141 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 922 000	1 958 000	1 994 000	2 029 000
Total Current Assets	376 000	315 000	815 000	709 000
Total Assets	2 298 000	2 273 000	2 808 000	2 738 000
Total Retained Equity	854 000	773 000	1 240 000	1 098 000
Total Equity	854 000	773 000	1 240 000	1 098 000
Total Long-Term Debt	1 403 000	1 471 000	1 540 000	1 606 000
Total Current Debt	40 000	29 000	28 000	34 000
Total Equity and Debt	2 298 000	2 273 000	2 808 000	2 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	469 000	461 000	461 000	469 000
Revenue	469 000	461 000	461 000	469 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 000	31 000	30 000	31 000
Depreciation	36 000	36 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	368 000	337 000	281 000	311 000
Operating Profit	102 000	−451 000	159 000	106 000
Financial Income	5 000	1 000	4 000	18 000
Financial Costs	25 000	16 000	22 000	34 000
Financial Balance	−20 000	−15 000	−18 000	−16 000
Dividends	0	0	0	0
Net Income	81 000	−467 000	141 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 922 000	1 905 000	1 905 000	1 905 000
Machinery and Plant Facilities	0	54 000	89 000	125 000
Fixtures	0	0	0	0
Total Tangible Assets	1 922 000	1 958 000	1 994 000	2 029 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 922 000	1 958 000	1 994 000	2 029 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	280 000	781 000	675 000
Total Current Assets	376 000	315 000	815 000	709 000
Total Assets	2 298 000	2 273 000	2 808 000	2 738 000
Total Equity	854 000	773 000	1 240 000	1 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 403 000	1 471 000	1 540 000	1 606 000
Creditors	40 000	29 000	28 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	10 000
Total Current Debt	40 000	29 000	28 000	34 000
Total Equity and Debt	2 298 000	2 273 000	2 808 000	2 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,48 %	−60,41 %	11,37 %	8,29 %
Debt-to-Equity Ratio	1,64	1,9	1,24	1,46
Operating Profit Margin	21,75 %	−97,83 %	34,49 %	22,6 %
Current Ratio	9,4	10,86	29,11	20,85
Quick Ratio	9,4	10,86	29,11	20,85
Equity Ratio	0,37	0,34	0,44	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %