SOLID SJØSERVICE AS

6037 EIDSNES

Finances

Return on Equity

−4,22 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	38 000	6 000	21 000
Net Income	−75 000	1 108 000	81 000	−35 000
Total Assets	1 916 000	2 426 000	1 023 000	1 005 000
Total Equity	1 779 000	1 854 000	746 000	665 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	38 000	6 000	21 000
Expenditure	142 000	26 000	18 000	60 000
Operating Profit	−87 000	11 000	−13 000	−38 000
Financial Income	0	1 100 000	90 000	0
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	−1 000	1 099 000	89 000	−4 000
Earnings Before Tax	−88 000	1 110 000	77 000	−42 000
Tax	−13 000	2 000	−5 000	−7 000
Net Income	−75 000	1 108 000	81 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 595 000	1 585 000	1 005 000	1 005 000
Total Current Assets	321 000	841 000	18 000	0
Total Assets	1 916 000	2 426 000	1 023 000	1 005 000
Total Retained Equity	1 644 000	1 719 000	611 000	530 000
Total Equity	1 779 000	1 854 000	746 000	665 000
Total Long-Term Debt	0	13 000	11 000	16 000
Total Current Debt	137 000	559 000	266 000	324 000
Total Equity and Debt	1 916 000	2 426 000	1 023 000	1 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 000	38 000	0	17 000
Other Income	0	0	6 000	4 000
Revenue	56 000	38 000	6 000	21 000
Cost of Goods Sold	37 000	0	4 000	0
Salary Costs	0	0	0	0
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	142 000	26 000	18 000	60 000
Operating Profit	−87 000	11 000	−13 000	−38 000
Financial Income	0	1 100 000	90 000	0
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	−1 000	1 099 000	89 000	−4 000
Dividends	0	0	0	0
Net Income	−75 000	1 108 000	81 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	58 000	0	0
Total Tangible Assets	68 000	58 000	0	0
Total Fiancial Fixed Assets	1 527 000	1 527 000	1 005 000	1 005 000
Total Fixed Assets	1 595 000	1 585 000	1 005 000	1 005 000
Stock	69 000	0	0	4 000
Total Investments	0	0	0	0
Cash, Bank	87 000	841 000	18 000	−6 000
Total Current Assets	321 000	841 000	18 000	0
Total Assets	1 916 000	2 426 000	1 023 000	1 005 000
Total Equity	1 779 000	1 854 000	746 000	665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	11 000	16 000
Creditors	89 000	49 000	7 000	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	48 000	509 000	259 000	323 000
Total Current Debt	137 000	559 000	266 000	324 000
Total Equity and Debt	1 916 000	2 426 000	1 023 000	1 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,22 %	59,76 %	10,86 %	−5,26 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	−155,36 %	28,95 %	−216,67 %	−180,95 %
Current Ratio	2,34	1,5	0,07	0
Quick Ratio	4,72	1,5	0,07	0
Equity Ratio	0,93	0,76	0,73	0,66
Gross Profit Margin	33,93 %	100 %	33,33 %	100 %