SØLVSTIEN BORETTSLAG

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

0,86 %

Current Ratio

211

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	441 000	441 000	426 000	429 000
Net Income	−14 000	90 000	86 000	80 000
Total Assets	763 000	847 000	834 000	880 000
Total Equity	−1 628 000	−1 614 000	−1 704 000	−1 790 000

Income (NOK)	2022	2021	2020	2019
Revenue	441 000	441 000	426 000	429 000
Expenditure	390 000	309 000	289 000	283 000
Operating Profit	51 000	131 000	137 000	146 000
Financial Income	9 000	8 000	8 000	9 000
Financial Costs	73 000	49 000	60 000	74 000
Financial Balance	−64 000	−41 000	−52 000	−65 000
Earnings Before Tax	−14 000	90 000	86 000	80 000
Tax	0	0	0	0
Net Income	−14 000	90 000	86 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 000	345 000	348 000	334 000
Total Current Assets	422 000	502 000	486 000	546 000
Total Assets	763 000	847 000	834 000	880 000
Total Retained Equity	−1 629 000	−1 615 000	−1 705 000	−1 791 000
Total Equity	−1 628 000	−1 614 000	−1 704 000	−1 790 000
Total Long-Term Debt	2 390 000	2 460 000	2 536 000	2 608 000
Total Current Debt	2 000	1 000	2 000	62 000
Total Equity and Debt	763 000	847 000	834 000	880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	441 000	441 000	426 000	429 000
Revenue	441 000	441 000	426 000	429 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	34 000	34 000	17 000
Depreciation	3 000	3 000	2 000	0
Impairment	0	0	0	0
Expenditure	390 000	309 000	289 000	283 000
Operating Profit	51 000	131 000	137 000	146 000
Financial Income	9 000	8 000	8 000	9 000
Financial Costs	73 000	49 000	60 000	74 000
Financial Balance	−64 000	−41 000	−52 000	−65 000
Dividends	0	0	0	0
Net Income	−14 000	90 000	86 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	334 000	334 000	334 000	334 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	11 000	14 000	0
Total Tangible Assets	342 000	345 000	348 000	334 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	342 000	345 000	348 000	334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	406 000	484 000	463 000	477 000
Total Current Assets	422 000	502 000	486 000	546 000
Total Assets	763 000	847 000	834 000	880 000
Total Equity	−1 628 000	−1 614 000	−1 704 000	−1 790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 390 000	2 460 000	2 536 000	2 608 000
Creditors	1 000	0	1 000	62 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	2 000	1 000	2 000	62 000
Total Equity and Debt	763 000	847 000	834 000	880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,86 %	−5,58 %	−5,05 %	−4,47 %
Debt-to-Equity Ratio	−1,47	−1,52	−1,49	−1,46
Operating Profit Margin	11,56 %	29,71 %	32,16 %	34,03 %
Current Ratio	211	502	243	8,81
Quick Ratio	211	502	243	8,81
Equity Ratio	−2,13	−1,91	−2,04	−2,03
Gross Profit Margin	100 %	100 %	100 %	100 %