SOLTIN GRUPPEN AS

4250 KOPERVIK

Finances

Return on Equity

−4,8 %

Current Ratio

0,25

Debt-to-Equity Ratio

3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 295 000	2 847 000	5 245 000	3 150 000
Net Income	−519 000	586 000	2 412 000	3 140 000
Total Assets	62 230 000	66 245 000	73 294 000	38 264 000
Total Equity	10 810 000	11 329 000	10 744 000	8 331 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 295 000	2 847 000	5 245 000	3 150 000
Expenditure	2 170 000	2 638 000	3 795 000	2 371 000
Operating Profit	124 000	208 000	1 450 000	779 000
Financial Income	2 228 000	2 974 000	1 798 000	4 586 000
Financial Costs	3 017 000	2 643 000	655 000	1 202 000
Financial Balance	−789 000	331 000	1 143 000	3 384 000
Earnings Before Tax	−666 000	540 000	2 593 000	4 162 000
Tax	−146 000	−46 000	180 000	1 023 000
Net Income	−519 000	586 000	2 412 000	3 140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 102 000	63 893 000	69 079 000	28 588 000
Total Current Assets	2 128 000	2 351 000	4 214 000	9 676 000
Total Assets	62 230 000	66 245 000	73 294 000	38 264 000
Total Retained Equity	10 710 000	11 229 000	10 644 000	8 231 000
Total Equity	10 810 000	11 329 000	10 744 000	8 331 000
Total Long-Term Debt	42 987 000	47 226 000	60 529 000	18 163 000
Total Current Debt	8 433 000	7 689 000	2 021 000	11 769 000
Total Equity and Debt	62 230 000	66 245 000	73 294 000	38 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 295 000	2 847 000	5 245 000	3 150 000
Other Income	0	0	0	0
Revenue	2 295 000	2 847 000	5 245 000	3 150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	342 000	754 000	1 871 000	1 296 000
Depreciation	171 000	171 000	141 000	120 000
Impairment	0	0	0	0
Expenditure	2 170 000	2 638 000	3 795 000	2 371 000
Operating Profit	124 000	208 000	1 450 000	779 000
Financial Income	2 228 000	2 974 000	1 798 000	4 586 000
Financial Costs	3 017 000	2 643 000	655 000	1 202 000
Financial Balance	−789 000	331 000	1 143 000	3 384 000
Dividends	0	0	0	0
Net Income	−519 000	586 000	2 412 000	3 140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	452 000	517 000	582 000	99 000
Total Tangible Assets	631 000	803 000	974 000	597 000
Total Fiancial Fixed Assets	59 422 000	63 091 000	68 106 000	27 991 000
Total Fixed Assets	60 102 000	63 893 000	69 079 000	28 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	350 000	129 000	107 000
Total Current Assets	2 128 000	2 351 000	4 214 000	9 676 000
Total Assets	62 230 000	66 245 000	73 294 000	38 264 000
Total Equity	10 810 000	11 329 000	10 744 000	8 331 000
Short-Term Group Debt	5 682 000	5 025 000	994 000	11 229 000
Total Long-Term Debt	42 987 000	47 226 000	60 529 000	18 163 000
Creditors	119 000	13 000	74 000	111 000
Unpaid Taxes	46 000	53 000	208 000	278 000
Dividends	0	0	0	0
Other Current Debt	2 586 000	2 598 000	746 000	151 000
Total Current Debt	8 433 000	7 689 000	2 021 000	11 769 000
Total Equity and Debt	62 230 000	66 245 000	73 294 000	38 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,8 %	5,17 %	22,45 %	37,69 %
Debt-to-Equity Ratio	3,98	4,17	5,63	2,18
Operating Profit Margin	5,4 %	7,31 %	27,65 %	24,73 %
Current Ratio	0,25	0,31	2,09	0,82
Quick Ratio	0,25	0,31	2,09	0,82
Equity Ratio	0,17	0,17	0,15	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %