SOLSTRAND GRUPPEN AS

6421 MOLDE

Finances

Return on Equity

1,64 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	592 000	250 000	289 000	370 000
Net Income	496 000	112 000	2 827 000	3 336 000
Total Assets	33 785 000	33 361 000	36 416 000	33 882 000
Total Equity	30 238 000	28 742 000	30 630 000	28 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	592 000	250 000	289 000	370 000
Expenditure	2 063 000	1 500 000	1 211 000	1 841 000
Operating Profit	−1 472 000	−1 250 000	−922 000	−1 471 000
Financial Income	1 963 000	2 340 000	4 589 000	5 553 000
Financial Costs	106 000	766 000	42 000	0
Financial Balance	1 857 000	1 574 000	4 547 000	5 553 000
Earnings Before Tax	385 000	324 000	3 625 000	4 083 000
Tax	−111 000	212 000	798 000	746 000
Net Income	496 000	112 000	2 827 000	3 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 824 000	30 735 000	28 320 000	18 179 000
Total Current Assets	1 961 000	2 627 000	8 097 000	15 704 000
Total Assets	33 785 000	33 361 000	36 416 000	33 882 000
Total Retained Equity	27 894 000	27 398 000	29 286 000	27 459 000
Total Equity	30 238 000	28 742 000	30 630 000	28 803 000
Total Long-Term Debt	0	1 800 000	0	0
Total Current Debt	3 547 000	2 820 000	5 786 000	5 079 000
Total Equity and Debt	33 785 000	33 361 000	36 416 000	33 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	592 000	250 000	289 000	370 000
Other Income	0	0	0	0
Revenue	592 000	250 000	289 000	370 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 668 000	1 189 000	849 000	1 510 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 063 000	1 500 000	1 211 000	1 841 000
Operating Profit	−1 472 000	−1 250 000	−922 000	−1 471 000
Financial Income	1 963 000	2 340 000	4 589 000	5 553 000
Financial Costs	106 000	766 000	42 000	0
Financial Balance	1 857 000	1 574 000	4 547 000	5 553 000
Dividends	0	2 000 000	1 000 000	700 000
Net Income	496 000	112 000	2 827 000	3 336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	135 000	24 000	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	31 689 000	30 711 000	28 320 000	18 179 000
Total Fixed Assets	31 824 000	30 735 000	28 320 000	18 179 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	326 000	457 000	14 000	165 000
Total Current Assets	1 961 000	2 627 000	8 097 000	15 704 000
Total Assets	33 785 000	33 361 000	36 416 000	33 882 000
Total Equity	30 238 000	28 742 000	30 630 000	28 803 000
Short-Term Group Debt	3 020 000	2 290 000	3 006 000	4 014 000
Total Long-Term Debt	0	1 800 000	0	0
Creditors	55 000	21 000	6 000	6 000
Unpaid Taxes	233 000	70 000	13 000	83 000
Dividends	0	2 000 000	1 000 000	700 000
Other Current Debt	239 000	174 000	116 000	149 000
Total Current Debt	3 547 000	2 820 000	5 786 000	5 079 000
Total Equity and Debt	33 785 000	33 361 000	36 416 000	33 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	0,39 %	9,23 %	11,58 %
Debt-to-Equity Ratio	0	0,06	0	0
Operating Profit Margin	−248,65 %	−500 %	−319,03 %	−397,57 %
Current Ratio	0,55	0,93	1,4	3,09
Quick Ratio	0,55	0,93	1,4	3,09
Equity Ratio	0,9	0,86	0,84	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %