SOLSIDEN STRAND BORETTSLAG

8406 SORTLAND

Finances

Share Ownership

Return on Equity

15,78 %

Current Ratio

7,95

Debt-to-Equity Ratio

5,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 837 000	1 870 000	1 932 000
Net Income	616 000	815 000	108 000	386 000
Total Assets	27 321 000	27 271 000	27 087 000	27 589 000
Total Equity	3 903 000	3 286 000	2 471 000	2 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 837 000	1 870 000	1 932 000
Expenditure	809 000	677 000	1 321 000	976 000
Operating Profit	1 126 000	1 157 000	550 000	956 000
Financial Income	13 000	2 000	4 000	9 000
Financial Costs	523 000	343 000	446 000	579 000
Financial Balance	−510 000	−341 000	−442 000	−570 000
Earnings Before Tax	616 000	819 000	108 000	386 000
Tax	0	0	0	0
Net Income	616 000	815 000	108 000	386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 216 000	26 155 000	26 159 000	26 162 000
Total Current Assets	1 105 000	1 116 000	929 000	1 427 000
Total Assets	27 321 000	27 271 000	27 087 000	27 589 000
Total Retained Equity	3 803 000	3 186 000	2 371 000	2 263 000
Total Equity	3 903 000	3 286 000	2 471 000	2 363 000
Total Long-Term Debt	23 280 000	23 839 000	24 480 000	25 074 000
Total Current Debt	139 000	146 000	136 000	153 000
Total Equity and Debt	27 321 000	27 271 000	27 087 000	27 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 935 000	1 837 000	1 870 000	1 932 000
Revenue	1 935 000	1 837 000	1 870 000	1 932 000
Cost of Goods Sold	0	0	0	0
Salary Costs	72 000	75 000	211 000	277 000
Depreciation	11 000	4 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	809 000	677 000	1 321 000	976 000
Operating Profit	1 126 000	1 157 000	550 000	956 000
Financial Income	13 000	2 000	4 000	9 000
Financial Costs	523 000	343 000	446 000	579 000
Financial Balance	−510 000	−341 000	−442 000	−570 000
Dividends	0	0	0	0
Net Income	616 000	815 000	108 000	386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 145 000	26 145 000	26 145 000	26 145 000
Machinery and Plant Facilities	71 000	10 000	14 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	26 216 000	26 155 000	26 159 000	26 162 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 216 000	26 155 000	26 159 000	26 162 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 015 000	1 003 000	853 000	1 341 000
Total Current Assets	1 105 000	1 116 000	929 000	1 427 000
Total Assets	27 321 000	27 271 000	27 087 000	27 589 000
Total Equity	3 903 000	3 286 000	2 471 000	2 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 280 000	23 839 000	24 480 000	25 074 000
Creditors	92 000	90 000	76 000	99 000
Unpaid Taxes	2 000	13 000	12 000	9 000
Dividends	0	0	0	0
Other Current Debt	44 000	44 000	48 000	45 000
Total Current Debt	139 000	146 000	136 000	153 000
Total Equity and Debt	27 321 000	27 271 000	27 087 000	27 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,78 %	24,8 %	4,37 %	16,34 %
Debt-to-Equity Ratio	5,96	7,25	9,91	10,61
Operating Profit Margin	58,19 %	62,98 %	29,41 %	49,48 %
Current Ratio	7,95	7,64	6,83	9,33
Quick Ratio	7,95	7,64	6,83	9,33
Equity Ratio	0,14	0,12	0,09	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %