SOLVO AS

0776 OSLO

Finances

Share Ownership

Return on Equity

−72,52 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	85 000	210 000	278 000
Net Income	−95 000	7 000	129 000	185 000
Total Assets	593 000	688 000	745 000	773 000
Total Equity	131 000	227 000	219 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	85 000	210 000	278 000
Expenditure	95 000	78 000	81 000	78 000
Operating Profit	−95 000	7 000	129 000	201 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−95 000	7 000	129 000	201 000
Tax	0	0	0	16 000
Net Income	−95 000	7 000	129 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	421 000	421 000	421 000	497 000
Total Current Assets	172 000	267 000	324 000	275 000
Total Assets	593 000	688 000	745 000	773 000
Total Retained Equity	−990 000	−895 000	−902 000	120 000
Total Equity	131 000	227 000	219 000	220 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	461 000	461 000	525 000	553 000
Total Equity and Debt	593 000	688 000	745 000	773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	85 000	210 000	278 000
Other Income	0	0	0	0
Revenue	0	85 000	210 000	278 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 000	78 000	81 000	78 000
Operating Profit	−95 000	7 000	129 000	201 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−95 000	7 000	129 000	185 000

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	421 000	421 000	421 000	497 000
Total Fixed Assets	421 000	421 000	421 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	164 000	267 000	74 000	13 000
Total Current Assets	172 000	267 000	324 000	275 000
Total Assets	593 000	688 000	745 000	773 000
Total Equity	131 000	227 000	219 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	14 000	0
Unpaid Taxes	1 000	14 000	44 000	63 000
Dividends	0	0	0	0
Other Current Debt	461 000	447 000	467 000	490 000
Total Current Debt	461 000	461 000	525 000	553 000
Total Equity and Debt	593 000	688 000	745 000	773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,52 %	3,08 %	58,9 %	84,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	8,24 %	61,43 %	72,3 %
Current Ratio	0,37	0,58	0,62	0,5
Quick Ratio	0,37	0,58	0,62	0,5
Equity Ratio	0,22	0,33	0,29	0,28
Gross Profit Margin	-	100 %	100 %	100 %