SOLUSINET AS

6570 SMØLA

Finances

Return on Equity

−1,85 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	1 596 000	661 000	570 000
Net Income	−287 000	1 097 000	446 000	−112 000
Total Assets	19 409 000	19 756 000	18 094 000	18 128 000
Total Equity	15 511 000	15 798 000	14 701 000	14 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	1 596 000	661 000	570 000
Expenditure	802 000	821 000	71 000	602 000
Operating Profit	−562 000	775 000	589 000	−32 000
Financial Income	276 000	494 000	0	198 000
Financial Costs	2 000	5 000	19 000	264 000
Financial Balance	274 000	489 000	−19 000	−66 000
Earnings Before Tax	−287 000	1 265 000	571 000	−98 000
Tax	0	168 000	125 000	13 000
Net Income	−287 000	1 097 000	446 000	−112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 630 000	17 630 000	17 559 000	14 845 000
Total Current Assets	1 779 000	2 126 000	535 000	3 283 000
Total Assets	19 409 000	19 756 000	18 094 000	18 128 000
Total Retained Equity	11 646 000	11 933 000	10 836 000	10 390 000
Total Equity	15 511 000	15 798 000	14 701 000	14 255 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 898 000	3 957 000	3 393 000	3 873 000
Total Equity and Debt	19 409 000	19 756 000	18 094 000	18 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	1 596 000	661 000	570 000
Other Income	0	0	0	0
Revenue	240 000	1 596 000	661 000	570 000
Cost of Goods Sold	0	0	0	0
Salary Costs	652 000	534 000	0	−4 000
Depreciation	0	0	6 000	12 000
Impairment	0	0	0	0
Expenditure	802 000	821 000	71 000	602 000
Operating Profit	−562 000	775 000	589 000	−32 000
Financial Income	276 000	494 000	0	198 000
Financial Costs	2 000	5 000	19 000	264 000
Financial Balance	274 000	489 000	−19 000	−66 000
Dividends	0	0	0	0
Net Income	−287 000	1 097 000	446 000	−112 000

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	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	17 630 000	17 630 000	17 559 000	14 839 000
Total Fixed Assets	17 630 000	17 630 000	17 559 000	14 845 000
Stock	0	0	0	0
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	607 000	1 032 000	336 000	3 084 000
Total Current Assets	1 779 000	2 126 000	535 000	3 283 000
Total Assets	19 409 000	19 756 000	18 094 000	18 128 000
Total Equity	15 511 000	15 798 000	14 701 000	14 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	23 000	60 000	88 000
Unpaid Taxes	95 000	226 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 797 000	3 540 000	3 208 000	3 772 000
Total Current Debt	3 898 000	3 957 000	3 393 000	3 873 000
Total Equity and Debt	19 409 000	19 756 000	18 094 000	18 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	6,94 %	3,03 %	−0,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−234,17 %	48,56 %	89,11 %	−5,61 %
Current Ratio	0,46	0,54	0,16	0,85
Quick Ratio	0,46	0,54	0,16	0,85
Equity Ratio	0,8	0,8	0,81	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %