SOLMAS AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

−8,13 %

Current Ratio

37,19

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 000	210 000	210 000	210 000
Net Income	−1 981 000	2 525 000	1 374 000	4 053 000
Total Assets	25 359 000	27 641 000	25 025 000	23 734 000
Total Equity	24 375 000	26 542 000	24 017 000	22 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 000	210 000	210 000	210 000
Expenditure	110 000	101 000	128 000	121 000
Operating Profit	100 000	108 000	82 000	89 000
Financial Income	−2 019 000	2 575 000	1 312 000	4 099 000
Financial Costs	78 000	21 000	1 000	1 000
Financial Balance	−2 097 000	2 554 000	1 311 000	4 098 000
Earnings Before Tax	−1 996 000	2 663 000	1 393 000	4 188 000
Tax	−16 000	138 000	19 000	134 000
Net Income	−1 981 000	2 525 000	1 374 000	4 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	329 000	338 000	348 000	358 000
Total Current Assets	25 030 000	27 302 000	24 677 000	23 376 000
Total Assets	25 359 000	27 641 000	25 025 000	23 734 000
Total Retained Equity	22 450 000	24 617 000	22 092 000	20 718 000
Total Equity	24 375 000	26 542 000	24 017 000	22 643 000
Total Long-Term Debt	311 000	363 000	253 000	252 000
Total Current Debt	673 000	735 000	755 000	839 000
Total Equity and Debt	25 359 000	27 641 000	25 025 000	23 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	210 000	210 000	210 000	210 000
Revenue	210 000	210 000	210 000	210 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	10 000	11 000
Impairment	0	0	0	0
Expenditure	110 000	101 000	128 000	121 000
Operating Profit	100 000	108 000	82 000	89 000
Financial Income	−2 019 000	2 575 000	1 312 000	4 099 000
Financial Costs	78 000	21 000	1 000	1 000
Financial Balance	−2 097 000	2 554 000	1 311 000	4 098 000
Dividends	186 000	0	0	300 000
Net Income	−1 981 000	2 525 000	1 374 000	4 053 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	329 000	338 000	348 000	358 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	329 000	338 000	348 000	358 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	329 000	338 000	348 000	358 000
Stock	0	0	0	0
Total Investments	24 295 000	26 400 000	23 848 000	22 542 000
Cash, Bank	726 000	894 000	823 000	824 000
Total Current Assets	25 030 000	27 302 000	24 677 000	23 376 000
Total Assets	25 359 000	27 641 000	25 025 000	23 734 000
Total Equity	24 375 000	26 542 000	24 017 000	22 643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	311 000	363 000	253 000	252 000
Creditors	5 000	5 000	4 000	25 000
Unpaid Taxes	0	0	−5 000	0
Dividends	186 000	0	0	300 000
Other Current Debt	631 000	703 000	737 000	734 000
Total Current Debt	673 000	735 000	755 000	839 000
Total Equity and Debt	25 359 000	27 641 000	25 025 000	23 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,13 %	9,51 %	5,72 %	17,9 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	47,62 %	51,43 %	39,05 %	42,38 %
Current Ratio	37,19	37,15	32,68	27,86
Quick Ratio	37,19	37,15	32,68	27,86
Equity Ratio	0,96	0,96	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %