SOLVANG BOLIGSTIFTELSE

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

−22,75 %

Current Ratio

5,84

Debt-to-Equity Ratio

−3,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000 000	3 000 000	3 000 000	3 000 000
Net Income	820 000	−261 000	1 119 000	48 000
Total Assets	7 834 000	7 352 000	7 683 000	7 119 000
Total Equity	−3 604 000	−4 424 000	−4 163 000	−5 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000 000	3 000 000	3 000 000	3 000 000
Expenditure	2 068 000	3 179 000	1 700 000	2 761 000
Operating Profit	933 000	−179 000	1 297 000	239 000
Financial Income	18 000	9 000	8 000	10 000
Financial Costs	131 000	91 000	186 000	201 000
Financial Balance	−113 000	−82 000	−178 000	−191 000
Earnings Before Tax	820 000	−261 000	1 121 000	48 000
Tax	0	0	0	0
Net Income	820 000	−261 000	1 119 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 698 000	4 698 000	4 698 000	4 698 000
Total Current Assets	3 136 000	2 654 000	2 985 000	2 421 000
Total Assets	7 834 000	7 352 000	7 683 000	7 119 000
Total Retained Equity	−5 103 000	−5 924 000	−5 663 000	−6 782 000
Total Equity	−3 604 000	−4 424 000	−4 163 000	−5 282 000
Total Long-Term Debt	10 901 000	11 321 000	11 689 000	12 048 000
Total Current Debt	537 000	455 000	156 000	352 000
Total Equity and Debt	7 834 000	7 352 000	7 683 000	7 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 000 000	3 000 000	3 000 000	3 000 000
Revenue	3 000 000	3 000 000	3 000 000	3 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	51 000	43 000	20 000	29 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 068 000	3 179 000	1 700 000	2 761 000
Operating Profit	933 000	−179 000	1 297 000	239 000
Financial Income	18 000	9 000	8 000	10 000
Financial Costs	131 000	91 000	186 000	201 000
Financial Balance	−113 000	−82 000	−178 000	−191 000
Dividends	0	0	0	0
Net Income	820 000	−261 000	1 119 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 698 000	4 698 000	4 698 000	4 698 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 698 000	4 698 000	4 698 000	4 698 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 698 000	4 698 000	4 698 000	4 698 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 939 000	2 334 000	2 985 000	1 908 000
Total Current Assets	3 136 000	2 654 000	2 985 000	2 421 000
Total Assets	7 834 000	7 352 000	7 683 000	7 119 000
Total Equity	−3 604 000	−4 424 000	−4 163 000	−5 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 901 000	11 321 000	11 689 000	12 048 000
Creditors	531 000	448 000	156 000	352 000
Unpaid Taxes	5 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	7 000	0	0
Total Current Debt	537 000	455 000	156 000	352 000
Total Equity and Debt	7 834 000	7 352 000	7 683 000	7 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,75 %	5,9 %	−26,88 %	−0,91 %
Debt-to-Equity Ratio	−3,02	−2,56	−2,81	−2,28
Operating Profit Margin	31,1 %	−5,97 %	43,23 %	7,97 %
Current Ratio	5,84	5,83	19,13	6,88
Quick Ratio	5,84	5,83	19,13	6,88
Equity Ratio	−0,46	−0,6	−0,54	−0,74
Gross Profit Margin	100 %	100 %	100 %	100 %