SOLEN AS

4550 FARSUND

Finances

Return on Equity

0,07 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−21 000	−46 547 000	−48 000	−57 000
Total Assets	12 831 000	12 794 000	59 296 000	59 510 000
Total Equity	−28 879 000	−28 859 000	17 688 000	17 736 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	44 000	47 000	48 000	57 000
Operating Profit	−44 000	−47 000	−48 000	−57 000
Financial Income	377 000	0	0	0
Financial Costs	354 000	46 500 000	0	0
Financial Balance	23 000	−46 500 000	0	0
Earnings Before Tax	−21 000	−46 547 000	−48 000	−57 000
Tax	0	0	0	0
Net Income	−21 000	−46 547 000	−48 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 946 000	5 300 000	51 800 000	51 800 000
Total Current Assets	7 885 000	7 494 000	7 496 000	7 710 000
Total Assets	12 831 000	12 794 000	59 296 000	59 510 000
Total Retained Equity	−45 296 000	−45 276 000	1 271 000	1 319 000
Total Equity	−28 879 000	−28 859 000	17 688 000	17 736 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 711 000	41 653 000	41 608 000	41 774 000
Total Equity and Debt	12 831 000	12 794 000	59 296 000	59 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	44 000	47 000	48 000	57 000
Operating Profit	−44 000	−47 000	−48 000	−57 000
Financial Income	377 000	0	0	0
Financial Costs	354 000	46 500 000	0	0
Financial Balance	23 000	−46 500 000	0	0
Dividends	0	0	0	0
Net Income	−21 000	−46 547 000	−48 000	−57 000

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	4 946 000	5 300 000	51 800 000	51 800 000
Total Fixed Assets	4 946 000	5 300 000	51 800 000	51 800 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	5 000	7 000	6 000
Total Current Assets	7 885 000	7 494 000	7 496 000	7 710 000
Total Assets	12 831 000	12 794 000	59 296 000	59 510 000
Total Equity	−28 879 000	−28 859 000	17 688 000	17 736 000
Short-Term Group Debt	41 709 000	41 652 000	41 546 000	41 734 000
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	62 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	35 000
Total Current Debt	41 711 000	41 653 000	41 608 000	41 774 000
Total Equity and Debt	12 831 000	12 794 000	59 296 000	59 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,07 %	161,29 %	−0,27 %	−0,32 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,19	0,18	0,18	0,18
Quick Ratio	0,19	0,18	0,18	0,18
Equity Ratio	−2,25	−2,26	0,3	0,3
Gross Profit Margin	-	-	-	-