SOLENDMYRA 1 AS

5916 ISDALSTØ

Finances

Share Ownership

Return on Equity

12,38 %

Current Ratio

1,94

Debt-to-Equity Ratio

4,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 202 000	869 000	405 000
Net Income	209 000	376 000	−62 000	−245 000
Total Assets	9 736 000	10 026 000	10 323 000	9 483 000
Total Equity	1 688 000	1 479 000	1 246 000	822 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 260 000	1 202 000	869 000	405 000
Expenditure	591 000	478 000	657 000	518 000
Operating Profit	668 000	724 000	212 000	−113 000
Financial Income	7 000	70 000	67 000	58 000
Financial Costs	407 000	312 000	356 000	276 000
Financial Balance	−400 000	−242 000	−289 000	−218 000
Earnings Before Tax	268 000	482 000	−77 000	−331 000
Tax	59 000	106 000	−15 000	−85 000
Net Income	209 000	376 000	−62 000	−245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 654 000	9 073 000	9 382 000	7 665 000
Total Current Assets	1 082 000	953 000	941 000	1 818 000
Total Assets	9 736 000	10 026 000	10 323 000	9 483 000
Total Retained Equity	551 000	342 000	109 000	109 000
Total Equity	1 688 000	1 479 000	1 246 000	822 000
Total Long-Term Debt	7 491 000	7 977 000	8 623 000	7 369 000
Total Current Debt	557 000	570 000	454 000	1 293 000
Total Equity and Debt	9 736 000	10 026 000	10 323 000	9 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	369 000	0	0	15 000
Other Income	891 000	1 202 000	869 000	390 000
Revenue	1 260 000	1 202 000	869 000	405 000
Cost of Goods Sold	84 000	15 000	40 000	90 000
Salary Costs	0	0	0	0
Depreciation	365 000	355 000	355 000	196 000
Impairment	0	0	0	0
Expenditure	591 000	478 000	657 000	518 000
Operating Profit	668 000	724 000	212 000	−113 000
Financial Income	7 000	70 000	67 000	58 000
Financial Costs	407 000	312 000	356 000	276 000
Financial Balance	−400 000	−242 000	−289 000	−218 000
Dividends	0	0	0	0
Net Income	209 000	376 000	−62 000	−245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 632 000	7 650 000	7 948 000	6 275 000
Machinery and Plant Facilities	22 000	33 000	44 000	0
Fixtures	0	0	0	0
Total Tangible Assets	8 654 000	7 683 000	7 992 000	6 275 000
Total Fiancial Fixed Assets	0	1 390 000	1 390 000	1 390 000
Total Fixed Assets	8 654 000	9 073 000	9 382 000	7 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	226 000	119 000	57 000
Total Current Assets	1 082 000	953 000	941 000	1 818 000
Total Assets	9 736 000	10 026 000	10 323 000	9 483 000
Total Equity	1 688 000	1 479 000	1 246 000	822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 491 000	7 977 000	8 623 000	7 369 000
Creditors	39 000	16 000	47 000	746 000
Unpaid Taxes	66 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	384 000	515 000	407 000	547 000
Total Current Debt	557 000	570 000	454 000	1 293 000
Total Equity and Debt	9 736 000	10 026 000	10 323 000	9 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	25,42 %	−4,98 %	−29,81 %
Debt-to-Equity Ratio	4,44	5,39	6,92	8,96
Operating Profit Margin	53,02 %	60,23 %	24,4 %	−27,9 %
Current Ratio	1,94	1,67	2,07	1,41
Quick Ratio	1,94	1,67	2,07	1,41
Equity Ratio	0,17	0,15	0,12	0,09
Gross Profit Margin	93,33 %	98,75 %	95,4 %	77,78 %