STIFTELSEN SOLHOVDEN

5267 ESPELAND

Finances

Share Ownership

Return on Equity

−21,06 %

Current Ratio

−105

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	506 000	495 000	650 000	501 000
Net Income	−410 000	−308 000	366 000	196 000
Total Assets	1 944 000	2 378 000	2 673 000	2 299 000
Total Equity	1 947 000	2 357 000	2 665 000	2 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	506 000	495 000	650 000	501 000
Expenditure	920 000	806 000	290 000	313 000
Operating Profit	−414 000	−312 000	361 000	188 000
Financial Income	4 000	3 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	4 000	3 000	5 000	8 000
Earnings Before Tax	−410 000	−308 000	366 000	196 000
Tax	0	0	0	0
Net Income	−410 000	−308 000	366 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 629 000	1 629 000	1 629 000	1 181 000
Total Current Assets	315 000	749 000	1 044 000	1 119 000
Total Assets	1 944 000	2 378 000	2 673 000	2 299 000
Total Retained Equity	947 000	1 357 000	1 665 000	1 299 000
Total Equity	1 947 000	2 357 000	2 665 000	2 299 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−3 000	21 000	7 000	0
Total Equity and Debt	1 944 000	2 378 000	2 673 000	2 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	495 000	650 000	0
Other Income	506 000	0	0	501 000
Revenue	506 000	495 000	650 000	501 000
Cost of Goods Sold	0	0	0	0
Salary Costs	78 000	89 000	93 000	67 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	920 000	806 000	290 000	313 000
Operating Profit	−414 000	−312 000	361 000	188 000
Financial Income	4 000	3 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	4 000	3 000	5 000	8 000
Dividends	0	0	0	0
Net Income	−410 000	−308 000	366 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 629 000	1 629 000	1 629 000	1 181 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 629 000	1 629 000	1 629 000	1 181 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 629 000	1 629 000	1 629 000	1 181 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	744 000	1 031 000	1 105 000
Total Current Assets	315 000	749 000	1 044 000	1 119 000
Total Assets	1 944 000	2 378 000	2 673 000	2 299 000
Total Equity	1 947 000	2 357 000	2 665 000	2 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	15 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−3 000	6 000	7 000	0
Total Current Debt	−3 000	21 000	7 000	0
Total Equity and Debt	1 944 000	2 378 000	2 673 000	2 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,06 %	−13,07 %	13,73 %	8,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−81,82 %	−63,03 %	55,54 %	37,52 %
Current Ratio	−105	35,67	149,14	-
Quick Ratio	−105	35,67	149,14	-
Equity Ratio	1	0,99	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %