SOLHEISEN UTVIKLING AS

3560 HEMSEDAL

Finances

Return on Equity

59,36 %

Current Ratio

0,16

Debt-to-Equity Ratio

−3,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 219 000	2 085 000	15 058 000
Net Income	−3 273 000	−1 972 000	−1 505 000	9 817 000
Total Assets	24 152 000	18 362 000	22 438 000	23 899 000
Total Equity	−5 514 000	−2 240 000	−268 000	1 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 219 000	2 085 000	15 058 000
Expenditure	4 897 000	3 027 000	3 005 000	1 842 000
Operating Profit	−2 911 000	−2 275 000	−1 352 000	12 891 000
Financial Income	0	0	12 000	25 000
Financial Costs	520 000	251 000	299 000	354 000
Financial Balance	−520 000	−251 000	−287 000	−329 000
Earnings Before Tax	−3 430 000	−2 526 000	−1 639 000	12 562 000
Tax	−157 000	−554 000	−134 000	2 745 000
Net Income	−3 273 000	−1 972 000	−1 505 000	9 817 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 494 000	16 604 000	12 124 000	12 269 000
Total Current Assets	1 658 000	1 758 000	10 314 000	11 631 000
Total Assets	24 152 000	18 362 000	22 438 000	23 899 000
Total Retained Equity	−6 614 000	−3 341 000	−1 368 000	137 000
Total Equity	−5 514 000	−2 240 000	−268 000	1 237 000
Total Long-Term Debt	19 483 000	9 820 000	711 000	845 000
Total Current Debt	10 183 000	10 782 000	21 995 000	21 817 000
Total Equity and Debt	24 152 000	18 362 000	22 438 000	23 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 974 000	1 219 000	831 000	2 489 000
Other Income	12 000	0	1 254 000	12 570 000
Revenue	1 986 000	1 219 000	2 085 000	15 058 000
Cost of Goods Sold	547 000	134 000	115 000	178 000
Salary Costs	2 220 000	1 287 000	954 000	385 000
Depreciation	164 000	155 000	145 000	116 000
Impairment	0	0	0	0
Expenditure	4 897 000	3 027 000	3 005 000	1 842 000
Operating Profit	−2 911 000	−2 275 000	−1 352 000	12 891 000
Financial Income	0	0	12 000	25 000
Financial Costs	520 000	251 000	299 000	354 000
Financial Balance	−520 000	−251 000	−287 000	−329 000
Dividends	0	0	0	0
Net Income	−3 273 000	−1 972 000	−1 505 000	9 817 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 862 000	8 381 000	7 391 000	7 489 000
Machinery and Plant Facilities	0	125 000	172 000	219 000
Fixtures	0	0	0	0
Total Tangible Assets	8 862 000	8 507 000	7 563 000	7 708 000
Total Fiancial Fixed Assets	13 633 000	8 097 000	4 560 000	4 560 000
Total Fixed Assets	22 494 000	16 604 000	12 124 000	12 269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	1 433 000	8 047 000	10 545 000
Total Current Assets	1 658 000	1 758 000	10 314 000	11 631 000
Total Assets	24 152 000	18 362 000	22 438 000	23 899 000
Total Equity	−5 514 000	−2 240 000	−268 000	1 237 000
Short-Term Group Debt	9 548 000	9 822 000	21 663 000	21 574 000
Total Long-Term Debt	19 483 000	9 820 000	711 000	845 000
Creditors	214 000	441 000	110 000	133 000
Unpaid Taxes	100 000	116 000	71 000	50 000
Dividends	0	0	0	0
Other Current Debt	321 000	403 000	150 000	60 000
Total Current Debt	10 183 000	10 782 000	21 995 000	21 817 000
Total Equity and Debt	24 152 000	18 362 000	22 438 000	23 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,36 %	88,04 %	561,57 %	793,61 %
Debt-to-Equity Ratio	−3,53	−4,38	−2,65	0,68
Operating Profit Margin	−146,58 %	−186,63 %	−64,84 %	85,61 %
Current Ratio	0,16	0,16	0,47	0,53
Quick Ratio	0,16	0,16	0,47	0,53
Equity Ratio	−0,23	−0,12	−0,01	0,05
Gross Profit Margin	72,46 %	89,01 %	94,48 %	98,82 %