SOLÅSEN GARASJELAG SA

4836 ARENDAL

Finances

Share Ownership

Return on Equity

38,35 %

Current Ratio

5,14

Debt-to-Equity Ratio

−2,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	382 000	397 000	390 000	346 000
Net Income	−107 000	121 000	95 000	26 000
Total Assets	627 000	706 000	619 000	588 000
Total Equity	−279 000	−172 000	−293 000	−388 000

Income (NOK)	2022	2021	2020	2019
Revenue	382 000	397 000	390 000	346 000
Expenditure	466 000	255 000	270 000	293 000
Operating Profit	−85 000	143 000	120 000	53 000
Financial Income	8 000	1 000	2 000	6 000
Financial Costs	31 000	23 000	27 000	32 000
Financial Balance	−23 000	−22 000	−25 000	−26 000
Earnings Before Tax	−107 000	121 000	95 000	26 000
Tax	0	0	0	0
Net Income	−107 000	121 000	95 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	627 000	706 000	619 000	588 000
Total Assets	627 000	706 000	619 000	588 000
Total Retained Equity	−279 000	−172 000	−293 000	−388 000
Total Equity	−279 000	−172 000	−293 000	−388 000
Total Long-Term Debt	784 000	840 000	896 000	952 000
Total Current Debt	122 000	38 000	16 000	24 000
Total Equity and Debt	627 000	706 000	619 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	382 000	397 000	390 000	346 000
Revenue	382 000	397 000	390 000	346 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 000	35 000	36 000	61 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	466 000	255 000	270 000	293 000
Operating Profit	−85 000	143 000	120 000	53 000
Financial Income	8 000	1 000	2 000	6 000
Financial Costs	31 000	23 000	27 000	32 000
Financial Balance	−23 000	−22 000	−25 000	−26 000
Dividends	0	0	0	0
Net Income	−107 000	121 000	95 000	26 000

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	0	0	0
Total Investments	0	0	0	0
Cash, Bank	595 000	685 000	601 000	545 000
Total Current Assets	627 000	706 000	619 000	588 000
Total Assets	627 000	706 000	619 000	588 000
Total Equity	−279 000	−172 000	−293 000	−388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	784 000	840 000	896 000	952 000
Creditors	114 000	29 000	13 000	0
Unpaid Taxes	1 000	2 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	2 000	24 000
Total Current Debt	122 000	38 000	16 000	24 000
Total Equity and Debt	627 000	706 000	619 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,35 %	−70,35 %	−32,42 %	−6,7 %
Debt-to-Equity Ratio	−2,81	−4,88	−3,06	−2,45
Operating Profit Margin	−22,25 %	36,02 %	30,77 %	15,32 %
Current Ratio	5,14	18,58	38,69	24,5
Quick Ratio	5,14	18,58	38,69	24,5
Equity Ratio	−0,44	−0,24	−0,47	−0,66
Gross Profit Margin	100 %	100 %	100 %	100 %