SOLEM EIENDOM AS

7300 ORKANGER

Finances

Return on Equity

−3,87 %

Current Ratio

12,1

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 000	283 000	209 000	150 000
Net Income	−230 000	−155 000	−152 000	−194 000
Total Assets	6 092 000	6 354 000	6 520 000	6 479 000
Total Equity	5 940 000	6 170 000	6 325 000	6 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 000	283 000	209 000	150 000
Expenditure	463 000	423 000	356 000	346 000
Operating Profit	−225 000	−139 000	−147 000	−196 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	8 000	8 000	7 000	0
Financial Balance	−5 000	−6 000	−5 000	2 000
Earnings Before Tax	−230 000	−145 000	−151 000	−194 000
Tax	0	9 000	0	0
Net Income	−230 000	−155 000	−152 000	−194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 511 000	5 846 000	6 181 000	6 348 000
Total Current Assets	581 000	508 000	339 000	132 000
Total Assets	6 092 000	6 354 000	6 520 000	6 479 000
Total Retained Equity	5 806 000	6 036 000	6 191 000	6 342 000
Total Equity	5 940 000	6 170 000	6 325 000	6 476 000
Total Long-Term Debt	105 000	137 000	169 000	0
Total Current Debt	48 000	46 000	26 000	3 000
Total Equity and Debt	6 092 000	6 354 000	6 520 000	6 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	238 000	283 000	209 000	150 000
Revenue	238 000	283 000	209 000	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	335 000	335 000	313 000	304 000
Impairment	0	0	0	0
Expenditure	463 000	423 000	356 000	346 000
Operating Profit	−225 000	−139 000	−147 000	−196 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	8 000	8 000	7 000	0
Financial Balance	−5 000	−6 000	−5 000	2 000
Dividends	0	0	0	0
Net Income	−230 000	−155 000	−152 000	−194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 545 000	4 842 000	5 140 000	5 437 000
Machinery and Plant Facilities	80 000	109 000	138 000	0
Fixtures	8 000	16 000	24 000	33 000
Total Tangible Assets	4 633 000	4 968 000	5 302 000	5 470 000
Total Fiancial Fixed Assets	878 000	878 000	878 000	878 000
Total Fixed Assets	5 511 000	5 846 000	6 181 000	6 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	484 000	301 000	132 000
Total Current Assets	581 000	508 000	339 000	132 000
Total Assets	6 092 000	6 354 000	6 520 000	6 479 000
Total Equity	5 940 000	6 170 000	6 325 000	6 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 000	137 000	169 000	0
Creditors	48 000	20 000	9 000	0
Unpaid Taxes	0	17 000	17 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	48 000	46 000	26 000	3 000
Total Equity and Debt	6 092 000	6 354 000	6 520 000	6 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,87 %	−2,51 %	−2,4 %	−3 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0
Operating Profit Margin	−94,54 %	−49,12 %	−70,33 %	−130,67 %
Current Ratio	12,1	11,04	13,04	44
Quick Ratio	12,1	11,04	13,04	44
Equity Ratio	0,98	0,97	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %