SOLVANG EIENDOM AS

5519 HAUGESUND

Finances

Return on Equity

−0,94 %

Current Ratio

15,63

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 000	45 000	62 000	83 000
Net Income	−57 000	167 000	−283 000	−321 000
Total Assets	6 343 000	6 901 000	8 069 000	8 398 000
Total Equity	6 078 000	6 795 000	7 828 000	8 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 000	45 000	62 000	83 000
Expenditure	176 000	169 000	448 000	823 000
Operating Profit	−81 000	−125 000	−386 000	−739 000
Financial Income	8 000	267 000	22 000	259 000
Financial Costs	0	0	0	0
Financial Balance	8 000	267 000	22 000	259 000
Earnings Before Tax	−73 000	143 000	−363 000	−480 000
Tax	−16 000	−24 000	−80 000	−159 000
Net Income	−57 000	167 000	−283 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 513 000	3 394 000	3 394 000	3 398 000
Total Current Assets	2 829 000	3 507 000	4 675 000	5 000 000
Total Assets	6 343 000	6 901 000	8 069 000	8 398 000
Total Retained Equity	5 878 000	6 595 000	7 628 000	7 912 000
Total Equity	6 078 000	6 795 000	7 828 000	8 112 000
Total Long-Term Debt	83 000	99 000	123 000	168 000
Total Current Debt	181 000	7 000	117 000	118 000
Total Equity and Debt	6 343 000	6 901 000	8 069 000	8 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	45 000	12 000	18 000
Other Income	77 000	0	50 000	65 000
Revenue	95 000	45 000	62 000	83 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	55 000	198 000	530 000
Depreciation	0	0	4 000	11 000
Impairment	0	0	0	0
Expenditure	176 000	169 000	448 000	823 000
Operating Profit	−81 000	−125 000	−386 000	−739 000
Financial Income	8 000	267 000	22 000	259 000
Financial Costs	0	0	0	0
Financial Balance	8 000	267 000	22 000	259 000
Dividends	660 000	1 200 000	0	0
Net Income	−57 000	167 000	−283 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 369 000	1 250 000	1 250 000	1 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	1 369 000	1 250 000	1 250 000	1 254 000
Total Fiancial Fixed Assets	2 144 000	2 144 000	2 144 000	2 144 000
Total Fixed Assets	3 513 000	3 394 000	3 394 000	3 398 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	555 000	836 000	2 030 000	3 093 000
Total Current Assets	2 829 000	3 507 000	4 675 000	5 000 000
Total Assets	6 343 000	6 901 000	8 069 000	8 398 000
Total Equity	6 078 000	6 795 000	7 828 000	8 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 000	99 000	123 000	168 000
Creditors	0	0	14 000	3 000
Unpaid Taxes	13 000	0	3 000	10 000
Dividends	660 000	1 200 000	0	0
Other Current Debt	168 000	7 000	101 000	105 000
Total Current Debt	181 000	7 000	117 000	118 000
Total Equity and Debt	6 343 000	6 901 000	8 069 000	8 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,94 %	2,46 %	−3,62 %	−3,96 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	−85,26 %	−277,78 %	−622,58 %	−890,36 %
Current Ratio	15,63	501	39,96	42,37
Quick Ratio	15,63	501	39,96	42,37
Equity Ratio	0,96	0,98	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %