SOLHAUG AS

5384 TORANGSVÅG

Finances

Return on Equity

28,66 %

Current Ratio

0,1

Debt-to-Equity Ratio

−3,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 080 000	1 080 000	5 938 000
Net Income	−9 593 000	−6 537 000	−5 101 000	−3 462 000
Total Assets	103 494 000	111 581 000	143 655 000	134 131 000
Total Equity	−33 473 000	−23 880 000	−17 343 000	−12 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 080 000	1 080 000	5 938 000
Expenditure	693 000	1 428 000	2 611 000	1 706 000
Operating Profit	387 000	−348 000	−1 531 000	4 233 000
Financial Income	716 000	765 000	3 481 000	4 792 000
Financial Costs	10 696 000	6 954 000	7 051 000	12 486 000
Financial Balance	−9 980 000	−6 189 000	−3 570 000	−7 694 000
Earnings Before Tax	−9 593 000	−6 537 000	−5 101 000	−3 462 000
Tax	0	0	0	0
Net Income	−9 593 000	−6 537 000	−5 101 000	−3 462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 510 000	110 362 000	139 660 000	130 428 000
Total Current Assets	1 985 000	1 220 000	3 995 000	3 703 000
Total Assets	103 494 000	111 581 000	143 655 000	134 131 000
Total Retained Equity	−33 620 000	−24 028 000	−17 490 000	−12 390 000
Total Equity	−33 473 000	−23 880 000	−17 343 000	−12 242 000
Total Long-Term Debt	117 381 000	118 484 000	15 945 000	18 675 000
Total Current Debt	19 586 000	16 977 000	145 052 000	127 699 000
Total Equity and Debt	103 494 000	111 581 000	143 655 000	134 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 080 000	1 080 000	1 080 000	1 080 000
Other Income	0	0	0	4 858 000
Revenue	1 080 000	1 080 000	1 080 000	5 938 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	896 000	1 544 000	1 038 000
Depreciation	191 000	200 000	211 000	223 000
Impairment	0	0	0	0
Expenditure	693 000	1 428 000	2 611 000	1 706 000
Operating Profit	387 000	−348 000	−1 531 000	4 233 000
Financial Income	716 000	765 000	3 481 000	4 792 000
Financial Costs	10 696 000	6 954 000	7 051 000	12 486 000
Financial Balance	−9 980 000	−6 189 000	−3 570 000	−7 694 000
Dividends	0	0	0	0
Net Income	−9 593 000	−6 537 000	−5 101 000	−3 462 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	779 000	909 000	1 039 000	1 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 187 000	1 378 000	1 578 000	1 789 000
Total Fiancial Fixed Assets	100 323 000	108 983 000	138 082 000	128 639 000
Total Fixed Assets	101 510 000	110 362 000	139 660 000	130 428 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	160 000	2 289 000	1 839 000
Total Current Assets	1 985 000	1 220 000	3 995 000	3 703 000
Total Assets	103 494 000	111 581 000	143 655 000	134 131 000
Total Equity	−33 473 000	−23 880 000	−17 343 000	−12 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 381 000	118 484 000	15 945 000	18 675 000
Creditors	4 226 000	1 937 000	1 047 000	1 275 000
Unpaid Taxes	50 000	205 000	134 000	136 000
Dividends	0	0	0	0
Other Current Debt	15 309 000	14 835 000	12 871 000	15 288 000
Total Current Debt	19 586 000	16 977 000	145 052 000	127 699 000
Total Equity and Debt	103 494 000	111 581 000	143 655 000	134 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,66 %	27,37 %	29,41 %	28,28 %
Debt-to-Equity Ratio	−3,51	−4,96	−0,92	−1,53
Operating Profit Margin	35,83 %	−32,22 %	−141,76 %	71,29 %
Current Ratio	0,1	0,07	0,03	0,03
Quick Ratio	0,1	0,07	0,03	0,03
Equity Ratio	−0,32	−0,21	−0,12	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %