SOLAKROSSEN 11 AS

4024 STAVANGER

Finances

Share Ownership

Return on Equity

11,71 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	449 000	430 000	384 000	325 000
Net Income	164 000	207 000	187 000	157 000
Total Assets	1 687 000	1 433 000	1 721 000	1 448 000
Total Equity	1 401 000	1 237 000	1 030 000	843 000

Income (NOK)	2022	2021	2020	2019
Revenue	449 000	430 000	384 000	325 000
Expenditure	239 000	165 000	145 000	123 000
Operating Profit	210 000	265 000	239 000	201 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	211 000	265 000	239 000	201 000
Tax	46 000	58 000	53 000	44 000
Net Income	164 000	207 000	187 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 200 000	1 264 000	1 328 000	1 393 000
Total Current Assets	487 000	169 000	393 000	55 000
Total Assets	1 687 000	1 433 000	1 721 000	1 448 000
Total Retained Equity	1 297 000	1 132 000	926 000	739 000
Total Equity	1 401 000	1 237 000	1 030 000	843 000
Total Long-Term Debt	51 000	52 000	563 000	595 000
Total Current Debt	236 000	145 000	127 000	10 000
Total Equity and Debt	1 687 000	1 433 000	1 721 000	1 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	449 000	430 000	384 000	325 000
Revenue	449 000	430 000	384 000	325 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	64 000	64 000	65 000	64 000
Impairment	0	0	0	0
Expenditure	239 000	165 000	145 000	123 000
Operating Profit	210 000	265 000	239 000	201 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	164 000	207 000	187 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 200 000	1 264 000	1 328 000	1 393 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 200 000	1 264 000	1 328 000	1 393 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 200 000	1 264 000	1 328 000	1 393 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	129 000	368 000	25 000
Total Current Assets	487 000	169 000	393 000	55 000
Total Assets	1 687 000	1 433 000	1 721 000	1 448 000
Total Equity	1 401 000	1 237 000	1 030 000	843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	52 000	563 000	595 000
Creditors	9 000	5 000	2 000	4 000
Unpaid Taxes	99 000	80 000	71 000	7 000
Dividends	0	0	0	0
Other Current Debt	80 000	0	0	0
Total Current Debt	236 000	145 000	127 000	10 000
Total Equity and Debt	1 687 000	1 433 000	1 721 000	1 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,71 %	16,73 %	18,16 %	18,62 %
Debt-to-Equity Ratio	0,04	0,04	0,55	0,71
Operating Profit Margin	46,77 %	61,63 %	62,24 %	61,85 %
Current Ratio	2,06	1,17	3,09	5,5
Quick Ratio	2,06	1,17	3,09	5,5
Equity Ratio	0,83	0,86	0,6	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %