SOLVANG-INVEST AS

5470 ROSENDAL

Finances

Return on Equity

17,67 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 139 000	0	0	0
Net Income	3 140 000	340 000	5 193 000	2 840 000
Total Assets	44 178 000	7 243 000	21 682 000	18 424 000
Total Equity	17 769 000	6 961 000	11 031 000	11 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 139 000	0	0	0
Expenditure	65 745 000	271 000	130 000	58 000
Operating Profit	4 394 000	−271 000	−130 000	−58 000
Financial Income	368 000	672 000	6 945 000	3 870 000
Financial Costs	804 000	62 000	169 000	295 000
Financial Balance	−436 000	610 000	6 776 000	3 575 000
Earnings Before Tax	3 958 000	340 000	6 646 000	3 516 000
Tax	818 000	0	1 452 000	676 000
Net Income	3 140 000	340 000	5 193 000	2 840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 275 000	6 912 000	14 001 000	14 001 000
Total Current Assets	11 902 000	331 000	7 682 000	4 423 000
Total Assets	44 178 000	7 243 000	21 682 000	18 424 000
Total Retained Equity	16 769 000	5 961 000	9 701 000	10 308 000
Total Equity	17 769 000	6 961 000	11 031 000	11 608 000
Total Long-Term Debt	17 277 000	0	3 970 000	5 056 000
Total Current Debt	9 131 000	283 000	6 682 000	1 760 000
Total Equity and Debt	44 178 000	7 243 000	21 682 000	18 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 648 000	0	0	0
Other Income	1 491 000	0	0	0
Revenue	70 139 000	0	0	0
Cost of Goods Sold	48 357 000	0	0	0
Salary Costs	9 172 000	0	0	0
Depreciation	1 234 000	0	0	0
Impairment	0	0	0	0
Expenditure	65 745 000	271 000	130 000	58 000
Operating Profit	4 394 000	−271 000	−130 000	−58 000
Financial Income	368 000	672 000	6 945 000	3 870 000
Financial Costs	804 000	62 000	169 000	295 000
Financial Balance	−436 000	610 000	6 776 000	3 575 000
Dividends	600 000	0	5 000 000	0
Net Income	3 140 000	340 000	5 193 000	2 840 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 861 000	0	0	0
Machinery and Plant Facilities	1 402 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 263 000	0	0	0
Total Fiancial Fixed Assets	2 012 000	6 912 000	14 001 000	14 001 000
Total Fixed Assets	32 275 000	6 912 000	14 001 000	14 001 000
Stock	4 026 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 591 000	9 000	46 000	89 000
Total Current Assets	11 902 000	331 000	7 682 000	4 423 000
Total Assets	44 178 000	7 243 000	21 682 000	18 424 000
Total Equity	17 769 000	6 961 000	11 031 000	11 608 000
Short-Term Group Debt	0	283 000	214 000	61 000
Total Long-Term Debt	17 277 000	0	3 970 000	5 056 000
Creditors	2 503 000	0	0	16 000
Unpaid Taxes	1 110 000	0	0	0
Dividends	600 000	0	5 000 000	0
Other Current Debt	4 083 000	0	5 015 000	1 007 000
Total Current Debt	9 131 000	283 000	6 682 000	1 760 000
Total Equity and Debt	44 178 000	7 243 000	21 682 000	18 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,67 %	4,88 %	47,08 %	24,47 %
Debt-to-Equity Ratio	0,97	0	0,36	0,44
Operating Profit Margin	6,26 %	-	-	-
Current Ratio	1,3	1,17	1,15	2,51
Quick Ratio	2,33	1,17	1,15	2,51
Equity Ratio	0,4	0,96	0,51	0,63
Gross Profit Margin	31,06 %	-	-	-