SOLFLATEN AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

148,22 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	684 000	0	0	0
Net Income	584 000	−68 000	−43 000	−33 000
Total Assets	1 262 000	6 216 000	2 522 000	2 474 000
Total Equity	394 000	−190 000	−122 000	−79 000

Income (NOK)	2022	2021	2020	2019
Revenue	684 000	0	0	0
Expenditure	12 000	10 000	523 000	524 000
Operating Profit	672 000	−10 000	−9 000	−24 000
Financial Income	0	0	0	0
Financial Costs	36 000	58 000	34 000	8 000
Financial Balance	−36 000	−58 000	−34 000	−8 000
Earnings Before Tax	636 000	−68 000	−43 000	−33 000
Tax	52 000	0	0	0
Net Income	584 000	−68 000	−43 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 262 000	6 216 000	2 522 000	2 474 000
Total Assets	1 262 000	6 216 000	2 522 000	2 474 000
Total Retained Equity	194 000	−390 000	−322 000	−279 000
Total Equity	394 000	−190 000	−122 000	−79 000
Total Long-Term Debt	0	2 990 000	992 000	1 000 000
Total Current Debt	869 000	3 416 000	1 652 000	1 552 000
Total Equity and Debt	1 262 000	6 216 000	2 522 000	2 474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	684 000	0	0	0
Other Income	0	0	0	0
Revenue	684 000	0	0	0
Cost of Goods Sold	0	0	514 000	500 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	10 000	523 000	524 000
Operating Profit	672 000	−10 000	−9 000	−24 000
Financial Income	0	0	0	0
Financial Costs	36 000	58 000	34 000	8 000
Financial Balance	−36 000	−58 000	−34 000	−8 000
Dividends	0	0	0	0
Net Income	584 000	−68 000	−43 000	−33 000

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	0
Total Fixed Assets	0	0	0	0
Stock	0	5 876 000	2 450 000	1 936 000
Total Investments	0	0	0	0
Cash, Bank	1 262 000	340 000	72 000	537 000
Total Current Assets	1 262 000	6 216 000	2 522 000	2 474 000
Total Assets	1 262 000	6 216 000	2 522 000	2 474 000
Total Equity	394 000	−190 000	−122 000	−79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 990 000	992 000	1 000 000
Creditors	86 000	1 586 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	730 000	1 830 000	1 652 000	1 552 000
Total Current Debt	869 000	3 416 000	1 652 000	1 552 000
Total Equity and Debt	1 262 000	6 216 000	2 522 000	2 474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	148,22 %	35,79 %	35,25 %	41,77 %
Debt-to-Equity Ratio	0	−15,74	−8,13	−12,66
Operating Profit Margin	98,25 %	-	-	-
Current Ratio	1,45	1,82	1,53	1,59
Quick Ratio	1,45	−2,53	−3,16	−6,44
Equity Ratio	0,31	−0,03	−0,05	−0,03
Gross Profit Margin	100 %	-	-	-