SOLVIND PROSJEKT AS

4150 RENNESØY

Finances

Return on Equity

139,94 %

Current Ratio

3,16

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 485 000	27 635 000	1 577 000	2 369 000
Net Income	5 746 000	17 400 000	−6 099 000	−6 449 000
Total Assets	15 570 000	14 622 000	22 144 000	12 046 000
Total Equity	4 106 000	−1 641 000	−19 040 000	−12 942 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 485 000	27 635 000	1 577 000	2 369 000
Expenditure	4 608 000	5 046 000	5 300 000	7 794 000
Operating Profit	6 878 000	22 589 000	−3 723 000	−5 425 000
Financial Income	881 000	2 377 000	149 000	199 000
Financial Costs	513 000	7 058 000	2 524 000	1 223 000
Financial Balance	368 000	−4 681 000	−2 375 000	−1 024 000
Earnings Before Tax	7 246 000	17 908 000	−6 099 000	−6 449 000
Tax	1 500 000	508 000	0	0
Net Income	5 746 000	17 400 000	−6 099 000	−6 449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 475 000	2 624 000	16 685 000	4 323 000
Total Current Assets	11 094 000	11 998 000	5 459 000	7 723 000
Total Assets	15 570 000	14 622 000	22 144 000	12 046 000
Total Retained Equity	4 001 000	−1 746 000	−19 145 000	−13 047 000
Total Equity	4 106 000	−1 641 000	−19 040 000	−12 942 000
Total Long-Term Debt	7 955 000	14 553 000	32 318 000	24 388 000
Total Current Debt	3 509 000	1 710 000	8 867 000	599 000
Total Equity and Debt	15 570 000	14 622 000	22 144 000	12 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 485 000	27 635 000	1 577 000	2 369 000
Other Income	0	0	0	0
Revenue	11 485 000	27 635 000	1 577 000	2 369 000
Cost of Goods Sold	62 000	45 000	1 137 000	983 000
Salary Costs	2 340 000	1 791 000	2 097 000	1 367 000
Depreciation	267 000	271 000	283 000	283 000
Impairment	0	0	0	0
Expenditure	4 608 000	5 046 000	5 300 000	7 794 000
Operating Profit	6 878 000	22 589 000	−3 723 000	−5 425 000
Financial Income	881 000	2 377 000	149 000	199 000
Financial Costs	513 000	7 058 000	2 524 000	1 223 000
Financial Balance	368 000	−4 681 000	−2 375 000	−1 024 000
Dividends	0	0	0	0
Net Income	5 746 000	17 400 000	−6 099 000	−6 449 000

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	200 000	466 000	733 000	1 000 000
Fixtures	25 000	0	4 000	21 000
Total Tangible Assets	225 000	466 000	737 000	1 021 000
Total Fiancial Fixed Assets	4 251 000	2 158 000	15 948 000	3 303 000
Total Fixed Assets	4 475 000	2 624 000	16 685 000	4 323 000
Stock	17 000	17 000	865 000	1 803 000
Total Investments	0	0	0	0
Cash, Bank	8 186 000	1 264 000	3 643 000	4 365 000
Total Current Assets	11 094 000	11 998 000	5 459 000	7 723 000
Total Assets	15 570 000	14 622 000	22 144 000	12 046 000
Total Equity	4 106 000	−1 641 000	−19 040 000	−12 942 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 955 000	14 553 000	32 318 000	24 388 000
Creditors	318 000	448 000	336 000	273 000
Unpaid Taxes	389 000	385 000	112 000	50 000
Dividends	0	0	0	0
Other Current Debt	1 303 000	368 000	8 418 000	277 000
Total Current Debt	3 509 000	1 710 000	8 867 000	599 000
Total Equity and Debt	15 570 000	14 622 000	22 144 000	12 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,94 %	−1 060,33 %	32,03 %	49,83 %
Debt-to-Equity Ratio	1,94	−8,87	−1,7	−1,88
Operating Profit Margin	59,89 %	81,74 %	−236,08 %	−229 %
Current Ratio	3,16	7,02	0,62	12,89
Quick Ratio	3,18	7,09	0,68	−6,41
Equity Ratio	0,26	−0,11	−0,86	−1,07
Gross Profit Margin	99,46 %	99,84 %	27,9 %	58,51 %