SOLSTAD II BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

48,37 %

Current Ratio

13,88

Debt-to-Equity Ratio

5,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	845 000	845 000	787 000	758 000
Net Income	253 000	273 000	207 000	189 000
Total Assets	3 339 000	3 119 000	3 034 000	2 908 000
Total Equity	523 000	270 000	−3 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	845 000	845 000	787 000	758 000
Expenditure	429 000	431 000	451 000	444 000
Operating Profit	320 000	319 000	262 000	263 000
Financial Income	0	0	4 000	5 000
Financial Costs	67 000	46 000	58 000	79 000
Financial Balance	−67 000	−46 000	−54 000	−74 000
Earnings Before Tax	349 000	369 000	283 000	241 000
Tax	0	0	0	0
Net Income	253 000	273 000	207 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 229 000	2 229 000	2 229 000	2 229 000
Total Current Assets	1 110 000	890 000	805 000	679 000
Total Assets	3 339 000	3 119 000	3 034 000	2 908 000
Total Retained Equity	521 000	268 000	−5 000	−212 000
Total Equity	523 000	270 000	−3 000	−211 000
Total Long-Term Debt	2 737 000	2 843 000	2 951 000	3 044 000
Total Current Debt	80 000	6 000	86 000	75 000
Total Equity and Debt	3 339 000	3 119 000	3 034 000	2 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	845 000	845 000	787 000	758 000
Other Income	0	0	0	0
Revenue	845 000	845 000	787 000	758 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 000	37 000	37 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	429 000	431 000	451 000	444 000
Operating Profit	320 000	319 000	262 000	263 000
Financial Income	0	0	4 000	5 000
Financial Costs	67 000	46 000	58 000	79 000
Financial Balance	−67 000	−46 000	−54 000	−74 000
Dividends	0	0	0	0
Net Income	253 000	273 000	207 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 229 000	2 229 000	2 229 000	2 229 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 229 000	2 229 000	2 229 000	2 229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 229 000	2 229 000	2 229 000	2 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 110 000	890 000	805 000	679 000
Total Current Assets	1 110 000	890 000	805 000	679 000
Total Assets	3 339 000	3 119 000	3 034 000	2 908 000
Total Equity	523 000	270 000	−3 000	−211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 737 000	2 843 000	2 951 000	3 044 000
Creditors	79 000	5 000	86 000	74 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	80 000	6 000	86 000	75 000
Total Equity and Debt	3 339 000	3 119 000	3 034 000	2 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,37 %	101,11 %	−6 900 %	−89,57 %
Debt-to-Equity Ratio	5,23	10,53	−983,67	−14,43
Operating Profit Margin	37,87 %	37,75 %	33,29 %	34,7 %
Current Ratio	13,88	148,33	9,36	9,05
Quick Ratio	13,88	148,33	9,36	9,05
Equity Ratio	0,16	0,09	−0	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %