SOLVIND AS

4150 RENNESØY

Finances

Return on Equity

−445,52 %

Current Ratio

6,25

Debt-to-Equity Ratio

−16,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	48 000	132 000	60 000
Net Income	646 000	27 000	−79 000	−28 000
Total Assets	2 470 000	1 274 000	1 264 000	1 268 000
Total Equity	−145 000	−791 000	−818 000	−739 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	48 000	132 000	60 000
Expenditure	90 000	87 000	149 000	101 000
Operating Profit	54 000	−39 000	−17 000	−41 000
Financial Income	592 000	66 000	30 000	13 000
Financial Costs	0	0	92 000	0
Financial Balance	592 000	66 000	−62 000	13 000
Earnings Before Tax	646 000	27 000	−79 000	−28 000
Tax	0	0	0	0
Net Income	646 000	27 000	−79 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 195 000	1 195 000	1 195 000	1 225 000
Total Current Assets	1 275 000	79 000	69 000	43 000
Total Assets	2 470 000	1 274 000	1 264 000	1 268 000
Total Retained Equity	−245 000	−891 000	−918 000	−839 000
Total Equity	−145 000	−791 000	−818 000	−739 000
Total Long-Term Debt	2 411 000	1 863 000	1 879 000	1 810 000
Total Current Debt	204 000	203 000	203 000	197 000
Total Equity and Debt	2 470 000	1 274 000	1 264 000	1 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	48 000	132 000	60 000
Other Income	0	0	0	0
Revenue	144 000	48 000	132 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	33 000
Impairment	0	0	0	0
Expenditure	90 000	87 000	149 000	101 000
Operating Profit	54 000	−39 000	−17 000	−41 000
Financial Income	592 000	66 000	30 000	13 000
Financial Costs	0	0	92 000	0
Financial Balance	592 000	66 000	−62 000	13 000
Dividends	0	0	0	0
Net Income	646 000	27 000	−79 000	−28 000

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	1 195 000	1 195 000	1 195 000	1 225 000
Total Fixed Assets	1 195 000	1 195 000	1 195 000	1 225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	557 000	65 000	43 000	15 000
Total Current Assets	1 275 000	79 000	69 000	43 000
Total Assets	2 470 000	1 274 000	1 264 000	1 268 000
Total Equity	−145 000	−791 000	−818 000	−739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 411 000	1 863 000	1 879 000	1 810 000
Creditors	113 000	111 000	112 000	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	91 000	91 000	91 000	91 000
Total Current Debt	204 000	203 000	203 000	197 000
Total Equity and Debt	2 470 000	1 274 000	1 264 000	1 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−445,52 %	−3,41 %	9,66 %	3,79 %
Debt-to-Equity Ratio	−16,63	−2,36	−2,3	−2,45
Operating Profit Margin	37,5 %	−81,25 %	−12,88 %	−68,33 %
Current Ratio	6,25	0,39	0,34	0,22
Quick Ratio	6,25	0,39	0,34	0,22
Equity Ratio	−0,06	−0,62	−0,65	−0,58
Gross Profit Margin	100 %	100 %	100 %	100 %