SOLVANG BYGGPROSJEKT AS

2360 RUDSHØGDA

Finances

Share Ownership

Return on Equity

−16,82 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 000	133 000	622 000	1 950 000
Net Income	−18 000	22 000	0	396 000
Total Assets	415 000	447 000	454 000	675 000
Total Equity	107 000	125 000	103 000	103 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 000	133 000	622 000	1 950 000
Expenditure	51 000	111 000	625 000	1 555 000
Operating Profit	−18 000	22 000	−3 000	395 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−18 000	22 000	−3 000	396 000
Tax	0	0	−3 000	0
Net Income	−18 000	22 000	0	396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	286 000	0	0
Total Current Assets	129 000	161 000	454 000	675 000
Total Assets	415 000	447 000	454 000	675 000
Total Retained Equity	7 000	25 000	3 000	3 000
Total Equity	107 000	125 000	103 000	103 000
Total Long-Term Debt	0	250 000	0	0
Total Current Debt	309 000	72 000	351 000	572 000
Total Equity and Debt	415 000	447 000	454 000	675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	133 000	613 000	1 859 000
Other Income	0	0	9 000	91 000
Revenue	34 000	133 000	622 000	1 950 000
Cost of Goods Sold	0	0	9 000	92 000
Salary Costs	2 000	0	396 000	1 011 000
Depreciation	0	0	0	4 000
Impairment	0	0	0	0
Expenditure	51 000	111 000	625 000	1 555 000
Operating Profit	−18 000	22 000	−3 000	395 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−18 000	22 000	0	396 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	286 000	286 000	0	0
Total Fixed Assets	286 000	286 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	95 000	108 000	81 000
Total Current Assets	129 000	161 000	454 000	675 000
Total Assets	415 000	447 000	454 000	675 000
Total Equity	107 000	125 000	103 000	103 000
Short-Term Group Debt	0	0	250 000	0
Total Long-Term Debt	0	250 000	0	0
Creditors	11 000	8 000	8 000	93 000
Unpaid Taxes	−2 000	14 000	5 000	135 000
Dividends	0	0	0	0
Other Current Debt	299 000	49 000	88 000	344 000
Total Current Debt	309 000	72 000	351 000	572 000
Total Equity and Debt	415 000	447 000	454 000	675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,82 %	17,6 %	0 %	384,47 %
Debt-to-Equity Ratio	0	2	0	0
Operating Profit Margin	−52,94 %	16,54 %	−0,48 %	20,26 %
Current Ratio	0,42	2,24	1,29	1,18
Quick Ratio	0,42	2,24	1,29	1,18
Equity Ratio	0,26	0,28	0,23	0,15
Gross Profit Margin	100 %	100 %	98,55 %	95,28 %