SOLSTAD I BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

2,66 %

Current Ratio

10,5

Debt-to-Equity Ratio

−1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	918 000	850 000	779 000	691 000
Net Income	−243 000	233 000	−4 254 000	−3 216 000
Total Assets	2 674 000	2 968 000	3 288 000	2 023 000
Total Equity	−9 120 000	−8 878 000	−9 110 000	−4 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	918 000	850 000	779 000	691 000
Expenditure	840 000	402 000	4 754 000	3 751 000
Operating Profit	38 000	408 000	−4 035 000	−3 101 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	282 000	175 000	220 000	117 000
Financial Balance	−280 000	−175 000	−219 000	−115 000
Earnings Before Tax	−202 000	273 000	−4 194 000	−3 175 000
Tax	0	0	0	0
Net Income	−243 000	233 000	−4 254 000	−3 216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 939 000	1 939 000	1 939 000	1 939 000
Total Current Assets	735 000	1 029 000	1 348 000	84 000
Total Assets	2 674 000	2 968 000	3 288 000	2 023 000
Total Retained Equity	−9 122 000	−8 879 000	−9 112 000	−4 858 000
Total Equity	−9 120 000	−8 878 000	−9 110 000	−4 857 000
Total Long-Term Debt	11 724 000	11 780 000	11 816 000	6 172 000
Total Current Debt	70 000	66 000	582 000	708 000
Total Equity and Debt	2 674 000	2 968 000	3 288 000	2 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	918 000	850 000	779 000	691 000
Other Income	0	0	0	0
Revenue	918 000	850 000	779 000	691 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	23 000	23 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	840 000	402 000	4 754 000	3 751 000
Operating Profit	38 000	408 000	−4 035 000	−3 101 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	282 000	175 000	220 000	117 000
Financial Balance	−280 000	−175 000	−219 000	−115 000
Dividends	0	0	0	0
Net Income	−243 000	233 000	−4 254 000	−3 216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 939 000	1 939 000	1 939 000	1 939 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 939 000	1 939 000	1 939 000	1 939 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 939 000	1 939 000	1 939 000	1 939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	735 000	1 029 000	1 348 000	84 000
Total Current Assets	735 000	1 029 000	1 348 000	84 000
Total Assets	2 674 000	2 968 000	3 288 000	2 023 000
Total Equity	−9 120 000	−8 878 000	−9 110 000	−4 857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 724 000	11 780 000	11 816 000	6 172 000
Creditors	70 000	66 000	577 000	706 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	6 000	3 000
Total Current Debt	70 000	66 000	582 000	708 000
Total Equity and Debt	2 674 000	2 968 000	3 288 000	2 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,66 %	−2,62 %	46,7 %	66,21 %
Debt-to-Equity Ratio	−1,29	−1,33	−1,3	−1,27
Operating Profit Margin	4,14 %	48 %	−517,97 %	−448,77 %
Current Ratio	10,5	15,59	2,32	0,12
Quick Ratio	10,5	15,59	2,32	0,12
Equity Ratio	−3,41	−2,99	−2,77	−2,4
Gross Profit Margin	100 %	100 %	100 %	100 %