SOLBRÅVEIEN 20 AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−174,08 %

Current Ratio

1,79

Debt-to-Equity Ratio

9,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 173 000	13 064 000	13 859 000	19 158 000
Net Income	−6 117 000	857 000	−359 000	3 339 000
Total Assets	37 413 000	108 294 000	123 719 000	131 888 000
Total Equity	3 514 000	13 280 000	12 422 000	14 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 173 000	13 064 000	13 859 000	19 158 000
Expenditure	5 790 000	9 162 000	10 645 000	9 946 000
Operating Profit	−1 617 000	3 902 000	3 214 000	9 213 000
Financial Income	7 000	355 000	52 000	341 000
Financial Costs	1 488 000	3 157 000	3 703 000	5 273 000
Financial Balance	−1 481 000	−2 802 000	−3 651 000	−4 932 000
Earnings Before Tax	−3 097 000	1 099 000	−437 000	4 281 000
Tax	3 020 000	242 000	−78 000	942 000
Net Income	−6 117 000	857 000	−359 000	3 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 543 000	105 986 000	108 490 000	123 630 000
Total Current Assets	1 870 000	2 307 000	15 229 000	8 258 000
Total Assets	37 413 000	108 294 000	123 719 000	131 888 000
Total Retained Equity	−6 137 000	−20 000	−878 000	9 200 000
Total Equity	3 514 000	13 280 000	12 422 000	14 001 000
Total Long-Term Debt	32 856 000	93 638 000	109 616 000	115 579 000
Total Current Debt	1 043 000	1 376 000	1 681 000	2 308 000
Total Equity and Debt	37 413 000	108 294 000	123 719 000	131 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 466 000	13 064 000	13 859 000	3 897 000
Other Income	707 000	0	0	15 262 000
Revenue	4 173 000	13 064 000	13 859 000	19 158 000
Cost of Goods Sold	0	0	0	3 847 000
Salary Costs	0	0	0	0
Depreciation	1 773 000	4 829 000	4 829 000	4 706 000
Impairment	0	0	0	0
Expenditure	5 790 000	9 162 000	10 645 000	9 946 000
Operating Profit	−1 617 000	3 902 000	3 214 000	9 213 000
Financial Income	7 000	355 000	52 000	341 000
Financial Costs	1 488 000	3 157 000	3 703 000	5 273 000
Financial Balance	−1 481 000	−2 802 000	−3 651 000	−4 932 000
Dividends	0	0	0	0
Net Income	−6 117 000	857 000	−359 000	3 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 543 000	105 986 000	108 490 000	84 273 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	26 828 000
Total Tangible Assets	35 543 000	105 986 000	108 490 000	111 100 000
Total Fiancial Fixed Assets	0	0	0	12 530 000
Total Fixed Assets	35 543 000	105 986 000	108 490 000	123 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	2 037 000	2 859 000	6 416 000
Total Current Assets	1 870 000	2 307 000	15 229 000	8 258 000
Total Assets	37 413 000	108 294 000	123 719 000	131 888 000
Total Equity	3 514 000	13 280 000	12 422 000	14 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 856 000	93 638 000	109 616 000	115 579 000
Creditors	674 000	611 000	0	136 000
Unpaid Taxes	0	0	0	304 000
Dividends	0	0	0	0
Other Current Debt	369 000	242 000	1 016 000	1 868 000
Total Current Debt	1 043 000	1 376 000	1 681 000	2 308 000
Total Equity and Debt	37 413 000	108 294 000	123 719 000	131 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−174,08 %	6,45 %	−2,89 %	23,85 %
Debt-to-Equity Ratio	9,35	7,05	8,82	8,26
Operating Profit Margin	−38,75 %	29,87 %	23,19 %	48,09 %
Current Ratio	1,79	1,68	9,06	3,58
Quick Ratio	1,79	1,68	9,06	3,58
Equity Ratio	0,09	0,12	0,1	0,11
Gross Profit Margin	100 %	100 %	100 %	79,92 %