SOLSTRAND VALEN AS

5460 HUSNES

Finances

Share Ownership

Return on Equity

28,44 %

Current Ratio

2,02

Debt-to-Equity Ratio

−3,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	279 000	280 000	197 000	36 000
Net Income	−718 000	−398 000	−498 000	−568 000
Total Assets	5 970 000	6 102 000	6 265 000	6 475 000
Total Equity	−2 525 000	−1 806 000	−1 409 000	−911 000

Income (NOK)	2022	2021	2020	2019
Revenue	279 000	280 000	197 000	36 000
Expenditure	608 000	394 000	410 000	420 000
Operating Profit	−330 000	−115 000	−213 000	−385 000
Financial Income	0	0	5 000	7 000
Financial Costs	388 000	283 000	289 000	191 000
Financial Balance	−388 000	−283 000	−284 000	−184 000
Earnings Before Tax	−718 000	−398 000	−498 000	−568 000
Tax	0	0	0	0
Net Income	−718 000	−398 000	−498 000	−568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 867 000	6 029 000	6 192 000	6 354 000
Total Current Assets	103 000	72 000	73 000	121 000
Total Assets	5 970 000	6 102 000	6 265 000	6 475 000
Total Retained Equity	−5 238 000	−4 519 000	−4 122 000	−3 624 000
Total Equity	−2 525 000	−1 806 000	−1 409 000	−911 000
Total Long-Term Debt	8 444 000	7 883 000	7 615 000	7 292 000
Total Current Debt	51 000	25 000	58 000	94 000
Total Equity and Debt	5 970 000	6 102 000	6 265 000	6 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 000	280 000	197 000	36 000
Other Income	0	0	0	0
Revenue	279 000	280 000	197 000	36 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	162 000	162 000	162 000	162 000
Impairment	0	0	0	0
Expenditure	608 000	394 000	410 000	420 000
Operating Profit	−330 000	−115 000	−213 000	−385 000
Financial Income	0	0	5 000	7 000
Financial Costs	388 000	283 000	289 000	191 000
Financial Balance	−388 000	−283 000	−284 000	−184 000
Dividends	0	0	0	0
Net Income	−718 000	−398 000	−498 000	−568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 867 000	6 029 000	6 192 000	6 354 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 867 000	6 029 000	6 192 000	6 354 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 867 000	6 029 000	6 192 000	6 354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	39 000	58 000	121 000
Total Current Assets	103 000	72 000	73 000	121 000
Total Assets	5 970 000	6 102 000	6 265 000	6 475 000
Total Equity	−2 525 000	−1 806 000	−1 409 000	−911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 444 000	7 883 000	7 615 000	7 292 000
Creditors	29 000	4 000	36 000	64 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 000	22 000	22 000	30 000
Total Current Debt	51 000	25 000	58 000	94 000
Total Equity and Debt	5 970 000	6 102 000	6 265 000	6 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,44 %	22,04 %	35,34 %	62,35 %
Debt-to-Equity Ratio	−3,34	−4,36	−5,4	−8
Operating Profit Margin	−118,28 %	−41,07 %	−108,12 %	−1 069,44 %
Current Ratio	2,02	2,88	1,26	1,29
Quick Ratio	2,02	2,88	1,26	1,29
Equity Ratio	−0,42	−0,3	−0,22	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %