SOLNED AS

0587 OSLO

Finances

Return on Equity

−78,69 %

Current Ratio

19,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 144 000	1 506 000	0
Net Income	−1 846 000	27 000	2 652 000	−56 000
Total Assets	2 471 000	4 252 000	5 250 000	2 364 000
Total Equity	2 346 000	4 192 000	5 015 000	2 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 144 000	1 506 000	0
Expenditure	2 631 000	1 914 000	934 000	110 000
Operating Profit	−431 000	230 000	572 000	−110 000
Financial Income	314 000	206 000	2 740 000	54 000
Financial Costs	1 729 000	385 000	660 000	0
Financial Balance	−1 415 000	−179 000	2 080 000	54 000
Earnings Before Tax	−1 846 000	51 000	2 652 000	−56 000
Tax	0	24 000	0	0
Net Income	−1 846 000	27 000	2 652 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	1 015 000
Total Current Assets	2 471 000	4 252 000	5 250 000	1 349 000
Total Assets	2 471 000	4 252 000	5 250 000	2 364 000
Total Retained Equity	2 246 000	4 092 000	4 915 000	2 261 000
Total Equity	2 346 000	4 192 000	5 015 000	2 361 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	124 000	61 000	235 000	3 000
Total Equity and Debt	2 470 000	4 253 000	5 250 000	2 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 200 000	2 144 000	1 506 000	0
Other Income	0	0	0	0
Revenue	2 200 000	2 144 000	1 506 000	0
Cost of Goods Sold	1 654 000	830 000	0	0
Salary Costs	742 000	799 000	852 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 631 000	1 914 000	934 000	110 000
Operating Profit	−431 000	230 000	572 000	−110 000
Financial Income	314 000	206 000	2 740 000	54 000
Financial Costs	1 729 000	385 000	660 000	0
Financial Balance	−1 415 000	−179 000	2 080 000	54 000
Dividends	0	0	0	0
Net Income	−1 846 000	27 000	2 652 000	−56 000

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	0	0	0	1 015 000
Total Fixed Assets	0	0	0	1 015 000
Stock	0	0	0	0
Total Investments	4 000	2 491 000	2 335 000	1 093 000
Cash, Bank	501 000	1 163 000	2 915 000	256 000
Total Current Assets	2 471 000	4 252 000	5 250 000	1 349 000
Total Assets	2 471 000	4 252 000	5 250 000	2 364 000
Total Equity	2 346 000	4 192 000	5 015 000	2 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	49 000	61 000	235 000	0
Dividends	0	0	0	0
Other Current Debt	75 000	0	0	3 000
Total Current Debt	124 000	61 000	235 000	3 000
Total Equity and Debt	2 470 000	4 253 000	5 250 000	2 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,69 %	0,64 %	52,88 %	−2,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,59 %	10,73 %	37,98 %	-
Current Ratio	19,93	69,7	22,34	449,67
Quick Ratio	19,93	69,7	22,34	449,67
Equity Ratio	0,95	0,99	0,96	1
Gross Profit Margin	24,82 %	61,29 %	100 %	-