SOLRAND AS

9770 MEHAMN

Finances

Return on Equity

100,38 %

Current Ratio

1,71

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 502 000	2 598 000	2 459 000	3 149 000
Net Income	532 000	−119 000	145 000	−193 000
Total Assets	2 112 000	797 000	1 474 000	1 245 000
Total Equity	530 000	−2 000	117 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 502 000	2 598 000	2 459 000	3 149 000
Expenditure	3 798 000	2 746 000	2 208 000	3 394 000
Operating Profit	704 000	−148 000	251 000	−245 000
Financial Income	0	0	0	0
Financial Costs	19 000	6 000	57 000	2 000
Financial Balance	−19 000	−6 000	−57 000	−2 000
Earnings Before Tax	685 000	−153 000	195 000	−247 000
Tax	153 000	−34 000	49 000	−54 000
Net Income	532 000	−119 000	145 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	526 000	291 000	365 000
Total Current Assets	1 476 000	271 000	1 183 000	879 000
Total Assets	2 112 000	797 000	1 474 000	1 245 000
Total Retained Equity	330 000	−202 000	−83 000	−228 000
Total Equity	530 000	−2 000	117 000	−28 000
Total Long-Term Debt	718 000	322 000	403 000	644 000
Total Current Debt	864 000	477 000	954 000	628 000
Total Equity and Debt	2 112 000	797 000	1 474 000	1 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 502 000	2 598 000	2 459 000	3 149 000
Other Income	0	0	0	0
Revenue	4 502 000	2 598 000	2 459 000	3 149 000
Cost of Goods Sold	518 000	5 000	4 000	6 000
Salary Costs	2 114 000	1 450 000	1 393 000	2 043 000
Depreciation	139 000	78 000	25 000	28 000
Impairment	0	0	0	0
Expenditure	3 798 000	2 746 000	2 208 000	3 394 000
Operating Profit	704 000	−148 000	251 000	−245 000
Financial Income	0	0	0	0
Financial Costs	19 000	6 000	57 000	2 000
Financial Balance	−19 000	−6 000	−57 000	−2 000
Dividends	0	0	0	0
Net Income	532 000	−119 000	145 000	−193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	85 000	51 000	101 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	446 000	226 000	0	0
Total Tangible Assets	636 000	441 000	240 000	265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	636 000	526 000	291 000	365 000
Stock	0	0	0	0
Total Investments	0	0	0	30 000
Cash, Bank	1 177 000	269 000	1 183 000	849 000
Total Current Assets	1 476 000	271 000	1 183 000	879 000
Total Assets	2 112 000	797 000	1 474 000	1 245 000
Total Equity	530 000	−2 000	117 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	718 000	322 000	403 000	644 000
Creditors	256 000	131 000	419 000	7 000
Unpaid Taxes	197 000	76 000	193 000	281 000
Dividends	0	0	0	0
Other Current Debt	355 000	271 000	341 000	341 000
Total Current Debt	864 000	477 000	954 000	628 000
Total Equity and Debt	2 112 000	797 000	1 474 000	1 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,38 %	5 950 %	123,93 %	689,29 %
Debt-to-Equity Ratio	1,35	−161	3,44	−23
Operating Profit Margin	15,64 %	−5,7 %	10,21 %	−7,78 %
Current Ratio	1,71	0,57	1,24	1,4
Quick Ratio	1,71	0,57	1,24	1,4
Equity Ratio	0,25	−0	0,08	−0,02
Gross Profit Margin	88,49 %	99,81 %	99,84 %	99,81 %