SOLSTAD III BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

13,03 %

Current Ratio

3,14

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 320 000	1 290 000	1 233 000	1 231 000
Net Income	520 000	529 000	358 000	−1 084 000
Total Assets	5 128 000	6 146 000	5 636 000	5 336 000
Total Equity	3 990 000	3 470 000	2 941 000	2 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 320 000	1 290 000	1 233 000	1 231 000
Expenditure	698 000	667 000	773 000	2 230 000
Operating Profit	555 000	557 000	399 000	−1 049 000
Financial Income	0	0	2 000	6 000
Financial Costs	35 000	28 000	43 000	41 000
Financial Balance	−35 000	−28 000	−41 000	−35 000
Earnings Before Tax	587 000	595 000	420 000	−1 034 000
Tax	0	0	0	0
Net Income	520 000	529 000	358 000	−1 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 466 000	4 414 000	4 414 000	4 414 000
Total Current Assets	662 000	1 732 000	1 222 000	921 000
Total Assets	5 128 000	6 146 000	5 636 000	5 336 000
Total Retained Equity	3 987 000	3 467 000	2 938 000	2 580 000
Total Equity	3 990 000	3 470 000	2 941 000	2 583 000
Total Long-Term Debt	927 000	2 433 000	2 512 000	2 575 000
Total Current Debt	211 000	243 000	184 000	178 000
Total Equity and Debt	5 128 000	6 146 000	5 636 000	5 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 320 000	1 290 000	1 233 000	1 231 000
Other Income	0	0	0	0
Revenue	1 320 000	1 290 000	1 233 000	1 231 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 000	30 000	30 000	42 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	698 000	667 000	773 000	2 230 000
Operating Profit	555 000	557 000	399 000	−1 049 000
Financial Income	0	0	2 000	6 000
Financial Costs	35 000	28 000	43 000	41 000
Financial Balance	−35 000	−28 000	−41 000	−35 000
Dividends	0	0	0	0
Net Income	520 000	529 000	358 000	−1 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 466 000	4 414 000	4 414 000	4 414 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 466 000	4 414 000	4 414 000	4 414 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 466 000	4 414 000	4 414 000	4 414 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	1 732 000	1 222 000	921 000
Total Current Assets	662 000	1 732 000	1 222 000	921 000
Total Assets	5 128 000	6 146 000	5 636 000	5 336 000
Total Equity	3 990 000	3 470 000	2 941 000	2 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	927 000	2 433 000	2 512 000	2 575 000
Creditors	202 000	237 000	174 000	168 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	6 000	9 000	10 000
Total Current Debt	211 000	243 000	184 000	178 000
Total Equity and Debt	5 128 000	6 146 000	5 636 000	5 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,03 %	15,24 %	12,17 %	−41,97 %
Debt-to-Equity Ratio	0,23	0,7	0,85	1
Operating Profit Margin	42,05 %	43,18 %	32,36 %	−85,22 %
Current Ratio	3,14	7,13	6,64	5,17
Quick Ratio	3,14	7,13	6,64	5,17
Equity Ratio	0,78	0,56	0,52	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %