SOLUMSGATE 1 BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

5,5 %

Current Ratio

7,35

Debt-to-Equity Ratio

1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 759 000	1 821 000	1 808 000	1 712 000
Net Income	512 000	352 000	636 000	386 000
Total Assets	27 721 000	27 573 000	27 655 000	27 422 000
Total Equity	9 316 000	8 804 000	8 451 000	7 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 759 000	1 821 000	1 808 000	1 712 000
Expenditure	866 000	1 066 000	760 000	906 000
Operating Profit	893 000	755 000	1 047 000	806 000
Financial Income	5 000	2 000	2 000	3 000
Financial Costs	386 000	405 000	413 000	423 000
Financial Balance	−381 000	−403 000	−411 000	−420 000
Earnings Before Tax	512 000	352 000	636 000	386 000
Tax	0	0	0	0
Net Income	512 000	352 000	636 000	386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 684 000	26 577 000	26 632 000	26 537 000
Total Current Assets	1 037 000	995 000	1 022 000	885 000
Total Assets	27 721 000	27 573 000	27 655 000	27 422 000
Total Retained Equity	9 314 000	8 801 000	8 449 000	7 813 000
Total Equity	9 316 000	8 804 000	8 451 000	7 815 000
Total Long-Term Debt	18 264 000	18 592 000	19 079 000	19 558 000
Total Current Debt	141 000	177 000	124 000	49 000
Total Equity and Debt	27 721 000	27 573 000	27 655 000	27 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 759 000	1 821 000	1 808 000	1 712 000
Revenue	1 759 000	1 821 000	1 808 000	1 712 000
Cost of Goods Sold	0	0	0	0
Salary Costs	96 000	83 000	91 000	107 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	866 000	1 066 000	760 000	906 000
Operating Profit	893 000	755 000	1 047 000	806 000
Financial Income	5 000	2 000	2 000	3 000
Financial Costs	386 000	405 000	413 000	423 000
Financial Balance	−381 000	−403 000	−411 000	−420 000
Dividends	0	0	0	0
Net Income	512 000	352 000	636 000	386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 358 000	26 358 000	26 358 000	26 358 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	26 358 000	26 358 000	26 358 000	26 358 000
Total Fiancial Fixed Assets	326 000	219 000	274 000	179 000
Total Fixed Assets	26 684 000	26 577 000	26 632 000	26 537 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	899 000	858 000	900 000	869 000
Total Current Assets	1 037 000	995 000	1 022 000	885 000
Total Assets	27 721 000	27 573 000	27 655 000	27 422 000
Total Equity	9 316 000	8 804 000	8 451 000	7 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 264 000	18 592 000	19 079 000	19 558 000
Creditors	131 000	170 000	117 000	35 000
Unpaid Taxes	3 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	7 000	5 000	5 000	12 000
Total Current Debt	141 000	177 000	124 000	49 000
Total Equity and Debt	27 721 000	27 573 000	27 655 000	27 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,5 %	4 %	7,53 %	4,94 %
Debt-to-Equity Ratio	1,96	2,11	2,26	2,5
Operating Profit Margin	50,77 %	41,46 %	57,91 %	47,08 %
Current Ratio	7,35	5,62	8,24	18,06
Quick Ratio	7,35	5,62	8,24	18,06
Equity Ratio	0,34	0,32	0,31	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %