SOLVANG I BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

14,14 %

Current Ratio

12,75

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 000	678 000	669 000	658 000
Net Income	436 000	359 000	318 000	263 000
Total Assets	9 980 000	9 860 000	9 839 000	9 850 000
Total Equity	3 084 000	2 648 000	2 289 000	1 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 000	678 000	669 000	658 000
Expenditure	220 000	221 000	234 000	237 000
Operating Profit	574 000	456 000	435 000	421 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	141 000	99 000	118 000	159 000
Financial Balance	−138 000	−97 000	−117 000	−158 000
Earnings Before Tax	436 000	359 000	318 000	263 000
Tax	0	0	0	0
Net Income	436 000	359 000	318 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 572 000	9 566 000	9 587 000	9 630 000
Total Current Assets	408 000	295 000	252 000	220 000
Total Assets	9 980 000	9 860 000	9 839 000	9 850 000
Total Retained Equity	3 054 000	2 618 000	2 259 000	1 941 000
Total Equity	3 084 000	2 648 000	2 289 000	1 971 000
Total Long-Term Debt	6 865 000	7 185 000	7 525 000	7 855 000
Total Current Debt	32 000	28 000	26 000	25 000
Total Equity and Debt	9 980 000	9 860 000	9 839 000	9 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	794 000	678 000	669 000	658 000
Revenue	794 000	678 000	669 000	658 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	8 000	9 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	220 000	221 000	234 000	237 000
Operating Profit	574 000	456 000	435 000	421 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	141 000	99 000	118 000	159 000
Financial Balance	−138 000	−97 000	−117 000	−158 000
Dividends	0	0	0	0
Net Income	436 000	359 000	318 000	263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 402 000	9 426 000	9 451 000	9 475 000
Machinery and Plant Facilities	0	0	21 000	46 000
Fixtures	0	0	0	0
Total Tangible Assets	9 402 000	9 426 000	9 472 000	9 521 000
Total Fiancial Fixed Assets	170 000	139 000	115 000	109 000
Total Fixed Assets	9 572 000	9 566 000	9 587 000	9 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	366 000	257 000	218 000	187 000
Total Current Assets	408 000	295 000	252 000	220 000
Total Assets	9 980 000	9 860 000	9 839 000	9 850 000
Total Equity	3 084 000	2 648 000	2 289 000	1 971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 865 000	7 185 000	7 525 000	7 855 000
Creditors	30 000	27 000	25 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	1 000	2 000
Total Current Debt	32 000	28 000	26 000	25 000
Total Equity and Debt	9 980 000	9 860 000	9 839 000	9 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,14 %	13,56 %	13,89 %	13,34 %
Debt-to-Equity Ratio	2,23	2,71	3,29	3,99
Operating Profit Margin	72,29 %	67,26 %	65,02 %	63,98 %
Current Ratio	12,75	10,54	9,69	8,8
Quick Ratio	12,75	10,54	9,69	8,8
Equity Ratio	0,31	0,27	0,23	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %