SOLVANG-EIGEDOM AS

5470 ROSENDAL

Finances

Share Ownership

Return on Equity

6,79 %

Current Ratio

2,14

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 193 000	3 074 000	3 049 000	3 045 000
Net Income	947 000	1 071 000	2 812 000	899 000
Total Assets	30 064 000	32 470 000	33 284 000	32 252 000
Total Equity	13 942 000	13 808 000	13 673 000	11 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 193 000	3 074 000	3 049 000	3 045 000
Expenditure	1 445 000	1 352 000	−1 027 000	1 289 000
Operating Profit	1 748 000	1 723 000	4 076 000	1 757 000
Financial Income	29 000	51 000	62 000	88 000
Financial Costs	562 000	400 000	533 000	693 000
Financial Balance	−533 000	−349 000	−471 000	−605 000
Earnings Before Tax	1 215 000	1 374 000	3 605 000	1 152 000
Tax	267 000	302 000	793 000	254 000
Net Income	947 000	1 071 000	2 812 000	899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 865 000	29 601 000	30 337 000	28 853 000
Total Current Assets	1 198 000	2 869 000	2 947 000	3 399 000
Total Assets	30 064 000	32 470 000	33 284 000	32 252 000
Total Retained Equity	1 727 000	1 949 000	1 814 000	0
Total Equity	13 942 000	13 808 000	13 673 000	11 859 000
Total Long-Term Debt	15 563 000	16 664 000	17 755 000	18 351 000
Total Current Debt	559 000	1 999 000	1 856 000	2 042 000
Total Equity and Debt	30 064 000	32 470 000	33 284 000	32 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	0	0	35 000
Other Income	3 183 000	3 074 000	3 049 000	3 011 000
Revenue	3 193 000	3 074 000	3 049 000	3 045 000
Cost of Goods Sold	0	0	0	0
Salary Costs	94 000	94 000	0	0
Depreciation	736 000	736 000	739 000	817 000
Impairment	0	0	−2 190 000	0
Expenditure	1 445 000	1 352 000	−1 027 000	1 289 000
Operating Profit	1 748 000	1 723 000	4 076 000	1 757 000
Financial Income	29 000	51 000	62 000	88 000
Financial Costs	562 000	400 000	533 000	693 000
Financial Balance	−533 000	−349 000	−471 000	−605 000
Dividends	0	0	0	0
Net Income	947 000	1 071 000	2 812 000	899 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 861 000	29 589 000	30 316 000	28 821 000
Machinery and Plant Facilities	4 000	12 000	21 000	32 000
Fixtures	0	0	0	0
Total Tangible Assets	28 865 000	29 601 000	30 337 000	28 853 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 865 000	29 601 000	30 337 000	28 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 158 000	2 008 000	903 000	17 000
Total Current Assets	1 198 000	2 869 000	2 947 000	3 399 000
Total Assets	30 064 000	32 470 000	33 284 000	32 252 000
Total Equity	13 942 000	13 808 000	13 673 000	11 859 000
Short-Term Group Debt	340 000	1 643 000	1 709 000	1 897 000
Total Long-Term Debt	15 563 000	16 664 000	17 755 000	18 351 000
Creditors	30 000	191 000	9 000	0
Unpaid Taxes	134 000	127 000	124 000	125 000
Dividends	0	0	0	0
Other Current Debt	25 000	17 000	15 000	19 000
Total Current Debt	559 000	1 999 000	1 856 000	2 042 000
Total Equity and Debt	30 064 000	32 470 000	33 284 000	32 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,79 %	7,76 %	20,57 %	7,58 %
Debt-to-Equity Ratio	1,12	1,21	1,3	1,55
Operating Profit Margin	54,74 %	56,05 %	133,68 %	57,7 %
Current Ratio	2,14	1,44	1,59	1,66
Quick Ratio	2,14	1,44	1,59	1,66
Equity Ratio	0,46	0,43	0,41	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %