SOLVANG DA

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

36,66 %

Current Ratio

−177,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	693 000	788 000	351 000	450 000
Net Income	463 000	355 000	−121 000	45 000
Total Assets	1 256 000	2 008 000	722 000	767 000
Total Equity	1 263 000	1 289 000	−1 512 000	−1 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	693 000	788 000	351 000	450 000
Expenditure	233 000	433 000	476 000	408 000
Operating Profit	459 000	355 000	−125 000	42 000
Financial Income	4 000	0	4 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	0	4 000	3 000
Earnings Before Tax	463 000	355 000	−121 000	45 000
Tax	0	0	0	0
Net Income	463 000	355 000	−121 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	21 000	624 000	651 000
Total Current Assets	1 240 000	1 987 000	98 000	116 000
Total Assets	1 256 000	2 008 000	722 000	767 000
Total Retained Equity	1 263 000	1 289 000	−1 512 000	−1 391 000
Total Equity	1 263 000	1 289 000	−1 512 000	−1 391 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−7 000	720 000	2 235 000	2 158 000
Total Equity and Debt	1 256 000	2 008 000	722 000	767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	693 000	788 000	351 000	450 000
Revenue	693 000	788 000	351 000	450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	7 000	27 000	31 000
Impairment	0	0	0	0
Expenditure	233 000	433 000	476 000	408 000
Operating Profit	459 000	355 000	−125 000	42 000
Financial Income	4 000	0	4 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	0	4 000	3 000
Dividends	0	0	0	0
Net Income	463 000	355 000	−121 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	596 000	615 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	21 000	28 000	37 000
Total Tangible Assets	16 000	21 000	624 000	651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	21 000	624 000	651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	21 000	9 000	30 000
Total Current Assets	1 240 000	1 987 000	98 000	116 000
Total Assets	1 256 000	2 008 000	722 000	767 000
Total Equity	1 263 000	1 289 000	−1 512 000	−1 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	2 000	3 000	11 000
Unpaid Taxes	3 000	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	−13 000	708 000	2 232 000	2 147 000
Total Current Debt	−7 000	720 000	2 235 000	2 158 000
Total Equity and Debt	1 256 000	2 008 000	722 000	767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,66 %	27,54 %	8 %	−3,24 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	66,23 %	45,05 %	−35,61 %	9,33 %
Current Ratio	−177,14	2,76	0,04	0,05
Quick Ratio	−177,14	2,76	0,04	0,05
Equity Ratio	1,01	0,64	−2,09	−1,81
Gross Profit Margin	100 %	100 %	100 %	100 %