SOLVANG HOLDING AS

3427 GULLAUG

Finances

Return on Equity

3,1 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	410 000	−94 000	−122 000	7 000 000
Total Assets	19 920 000	23 789 000	24 911 000	24 971 000
Total Equity	13 228 000	15 318 000	18 412 000	18 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	57 000	63 000	64 000	−41 000
Operating Profit	−57 000	−63 000	−64 000	41 000
Financial Income	544 000	0	2 000	7 063 000
Financial Costs	78 000	31 000	60 000	104 000
Financial Balance	466 000	−31 000	−58 000	6 959 000
Earnings Before Tax	410 000	−94 000	−122 000	7 000 000
Tax	0	0	0	0
Net Income	410 000	−94 000	−122 000	7 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 855 000	10 698 000	10 698 000	9 598 000
Total Current Assets	9 065 000	13 091 000	14 213 000	15 373 000
Total Assets	19 920 000	23 789 000	24 911 000	24 971 000
Total Retained Equity	12 444 000	14 534 000	17 628 000	17 750 000
Total Equity	13 228 000	15 318 000	18 412 000	18 534 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 692 000	8 471 000	6 499 000	6 438 000
Total Equity and Debt	19 920 000	23 789 000	24 911 000	24 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	63 000	64 000	−41 000
Operating Profit	−57 000	−63 000	−64 000	41 000
Financial Income	544 000	0	2 000	7 063 000
Financial Costs	78 000	31 000	60 000	104 000
Financial Balance	466 000	−31 000	−58 000	6 959 000
Dividends	2 500 000	3 000 000	0	0
Net Income	410 000	−94 000	−122 000	7 000 000

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	26 000	26 000	26 000	26 000
Total Tangible Assets	26 000	26 000	26 000	26 000
Total Fiancial Fixed Assets	10 829 000	10 672 000	10 672 000	9 572 000
Total Fixed Assets	10 855 000	10 698 000	10 698 000	9 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	142 000	14 000	8 075 000
Total Current Assets	9 065 000	13 091 000	14 213 000	15 373 000
Total Assets	19 920 000	23 789 000	24 911 000	24 971 000
Total Equity	13 228 000	15 318 000	18 412 000	18 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 500 000	3 000 000	0	0
Other Current Debt	4 192 000	8 471 000	6 499 000	6 438 000
Total Current Debt	6 692 000	8 471 000	6 499 000	6 438 000
Total Equity and Debt	19 920 000	23 789 000	24 911 000	24 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,1 %	−0,61 %	−0,66 %	37,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,35	1,55	2,19	2,39
Quick Ratio	1,35	1,55	2,19	2,39
Equity Ratio	0,66	0,64	0,74	0,74
Gross Profit Margin	-	-	-	-