SOLVÅGEN BORETTSLAG

8370 LEKNES

Finances

Share Ownership

Return on Equity

−2,33 %

Current Ratio

3,57

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 058 000	1 015 000	986 000
Net Income	−111 000	8 000	224 000	295 000
Total Assets	17 240 000	16 751 000	17 079 000	16 477 000
Total Equity	4 765 000	4 875 000	4 867 000	4 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 058 000	1 015 000	986 000
Expenditure	1 109 000	924 000	663 000	565 000
Operating Profit	3 000	131 000	352 000	422 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	119 000	124 000	130 000	131 000
Financial Balance	−113 000	−123 000	−129 000	−127 000
Earnings Before Tax	−111 000	11 000	224 000	295 000
Tax	0	0	0	0
Net Income	−111 000	8 000	224 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 022 000	16 022 000	16 022 000	16 022 000
Total Current Assets	1 218 000	729 000	1 057 000	455 000
Total Assets	17 240 000	16 751 000	17 079 000	16 477 000
Total Retained Equity	4 763 000	4 874 000	4 866 000	4 642 000
Total Equity	4 765 000	4 875 000	4 867 000	4 644 000
Total Long-Term Debt	12 135 000	11 663 000	12 063 000	11 740 000
Total Current Debt	341 000	213 000	149 000	93 000
Total Equity and Debt	17 240 000	16 751 000	17 079 000	16 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 111 000	1 058 000	1 015 000	986 000
Revenue	1 111 000	1 058 000	1 015 000	986 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 000	42 000	76 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 109 000	924 000	663 000	565 000
Operating Profit	3 000	131 000	352 000	422 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	119 000	124 000	130 000	131 000
Financial Balance	−113 000	−123 000	−129 000	−127 000
Dividends	0	0	0	0
Net Income	−111 000	8 000	224 000	295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 022 000	15 956 000	16 022 000	16 022 000
Machinery and Plant Facilities	0	67 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 022 000	16 022 000	16 022 000	16 022 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 022 000	16 022 000	16 022 000	16 022 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	878 000	516 000	901 000	368 000
Total Current Assets	1 218 000	729 000	1 057 000	455 000
Total Assets	17 240 000	16 751 000	17 079 000	16 477 000
Total Equity	4 765 000	4 875 000	4 867 000	4 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 135 000	11 663 000	12 063 000	11 740 000
Creditors	340 000	213 000	134 000	83 000
Unpaid Taxes	0	0	9 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	6 000	10 000
Total Current Debt	341 000	213 000	149 000	93 000
Total Equity and Debt	17 240 000	16 751 000	17 079 000	16 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,33 %	0,16 %	4,6 %	6,35 %
Debt-to-Equity Ratio	2,55	2,39	2,48	2,53
Operating Profit Margin	0,27 %	12,38 %	34,68 %	42,8 %
Current Ratio	3,57	3,42	7,09	4,89
Quick Ratio	3,57	3,42	7,09	4,89
Equity Ratio	0,28	0,29	0,28	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %