SOLNES AS

6065 ULSTEINVIK

Finances

Return on Equity

−1 325,16 %

Current Ratio

Debt-to-Equity Ratio

35,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	85 000	0
Net Income	−2 054 000	−246 000	−927 000	−2 347 000
Total Assets	5 708 000	9 160 000	9 160 000	10 508 000
Total Equity	155 000	2 209 000	2 455 000	3 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	85 000	0
Expenditure	1 859 000	35 000	63 000	70 000
Operating Profit	−1 859 000	−35 000	22 000	−71 000
Financial Income	12 000	0	268 000	77 000
Financial Costs	207 000	211 000	1 217 000	2 354 000
Financial Balance	−195 000	−211 000	−949 000	−2 277 000
Earnings Before Tax	−2 054 000	−246 000	−927 000	−2 347 000
Tax	0	0	0	0
Net Income	−2 054 000	−246 000	−927 000	−2 347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 708 000	9 160 000	9 009 000	10 318 000
Total Current Assets	0	0	151 000	190 000
Total Assets	5 708 000	9 160 000	9 160 000	10 508 000
Total Retained Equity	−1 645 000	−1 173 000	−927 000	0
Total Equity	155 000	2 209 000	2 455 000	3 382 000
Total Long-Term Debt	5 508 000	6 909 000	6 662 000	6 963 000
Total Current Debt	44 000	42 000	43 000	162 000
Total Equity and Debt	5 708 000	9 160 000	9 160 000	10 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	85 000	0
Revenue	0	0	85 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 859 000	35 000	63 000	70 000
Operating Profit	−1 859 000	−35 000	22 000	−71 000
Financial Income	12 000	0	268 000	77 000
Financial Costs	207 000	211 000	1 217 000	2 354 000
Financial Balance	−195 000	−211 000	−949 000	−2 277 000
Dividends	0	0	0	0
Net Income	−2 054 000	−246 000	−927 000	−2 347 000

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	1 325 000	1 348 000	1 348 000	1 348 000
Total Tangible Assets	1 325 000	1 348 000	1 348 000	1 348 000
Total Fiancial Fixed Assets	4 383 000	7 812 000	7 661 000	8 970 000
Total Fixed Assets	5 708 000	9 160 000	9 009 000	10 318 000
Stock	0	0	0	35 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	0	151 000	190 000
Total Assets	5 708 000	9 160 000	9 160 000	10 508 000
Total Equity	155 000	2 209 000	2 455 000	3 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 508 000	6 909 000	6 662 000	6 963 000
Creditors	2 000	0	1 000	0
Unpaid Taxes	5 000	5 000	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	37 000	37 000	37 000	157 000
Total Current Debt	44 000	42 000	43 000	162 000
Total Equity and Debt	5 708 000	9 160 000	9 160 000	10 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 325,16 %	−11,14 %	−37,76 %	−69,4 %
Debt-to-Equity Ratio	35,54	3,13	2,71	2,06
Operating Profit Margin	-	-	25,88 %	-
Current Ratio	0	0	3,51	1,17
Quick Ratio	0	0	3,51	1,5
Equity Ratio	0,03	0,24	0,27	0,32
Gross Profit Margin	-	-	100 %	-