SOLNESSET EIENDOM AS

9008 TROMSØ

Finances

Return on Equity

19,24 %

Current Ratio

1,27

Debt-to-Equity Ratio

−3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	230 299 000	44 462 000	122 957 000
Net Income	−4 553 000	22 880 000	−8 523 000	−386 000
Total Assets	160 804 000	72 098 000	185 958 000	116 796 000
Total Equity	−23 669 000	−19 115 000	−37 996 000	−23 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	230 299 000	44 462 000	122 957 000
Expenditure	2 553 000	197 762 000	51 180 000	118 258 000
Operating Profit	−1 643 000	32 537 000	−6 718 000	4 699 000
Financial Income	6 000	3 000	14 000	14 000
Financial Costs	4 191 000	2 725 000	4 460 000	5 093 000
Financial Balance	−4 185 000	−2 722 000	−4 446 000	−5 079 000
Earnings Before Tax	−5 828 000	29 815 000	−11 164 000	−381 000
Tax	−1 274 000	6 934 000	−2 641 000	5 000
Net Income	−4 553 000	22 880 000	−8 523 000	−386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 671 000	18 408 000	20 629 000	17 995 000
Total Current Assets	141 133 000	53 690 000	165 329 000	98 801 000
Total Assets	160 804 000	72 098 000	185 958 000	116 796 000
Total Retained Equity	−23 889 000	−19 336 000	−38 216 000	−23 693 000
Total Equity	−23 669 000	−19 115 000	−37 996 000	−23 472 000
Total Long-Term Debt	73 646 000	71 394 000	78 261 000	125 710 000
Total Current Debt	110 827 000	19 820 000	145 693 000	14 559 000
Total Equity and Debt	160 804 000	72 098 000	185 958 000	116 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	910 000	230 299 000	44 462 000	122 957 000
Revenue	910 000	230 299 000	44 462 000	122 957 000
Cost of Goods Sold	−3 348 000	189 839 000	42 652 000	110 945 000
Salary Costs	4 263 000	5 498 000	6 310 000	4 664 000
Depreciation	8 000	7 000	7 000	27 000
Impairment	0	0	0	0
Expenditure	2 553 000	197 762 000	51 180 000	118 258 000
Operating Profit	−1 643 000	32 537 000	−6 718 000	4 699 000
Financial Income	6 000	3 000	14 000	14 000
Financial Costs	4 191 000	2 725 000	4 460 000	5 093 000
Financial Balance	−4 185 000	−2 722 000	−4 446 000	−5 079 000
Dividends	0	4 000 000	6 000 000	9 000 000
Net Income	−4 553 000	22 880 000	−8 523 000	−386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 271 000	0	3 514 000	873 000
Real Eastate	18 400 000	18 400 000	17 100 000	17 100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	15 000	22 000
Total Tangible Assets	18 400 000	18 408 000	17 115 000	17 122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 671 000	18 408 000	20 629 000	17 995 000
Stock	131 580 000	41 729 000	158 901 000	83 713 000
Total Investments	0	0	0	0
Cash, Bank	4 968 000	7 149 000	1 726 000	2 846 000
Total Current Assets	141 133 000	53 690 000	165 329 000	98 801 000
Total Assets	160 804 000	72 098 000	185 958 000	116 796 000
Total Equity	−23 669 000	−19 115 000	−37 996 000	−23 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 646 000	71 394 000	78 261 000	125 710 000
Creditors	8 587 000	10 160 000	9 763 000	3 078 000
Unpaid Taxes	476 000	728 000	1 380 000	691 000
Dividends	0	4 000 000	6 000 000	9 000 000
Other Current Debt	5 435 000	1 515 000	11 386 000	1 790 000
Total Current Debt	110 827 000	19 820 000	145 693 000	14 559 000
Total Equity and Debt	160 804 000	72 098 000	185 958 000	116 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,24 %	−119,7 %	22,43 %	1,64 %
Debt-to-Equity Ratio	−3,11	−3,73	−2,06	−5,36
Operating Profit Margin	−180,55 %	14,13 %	−15,11 %	3,82 %
Current Ratio	1,27	2,71	1,13	6,79
Quick Ratio	−6,8	−2,45	−12,52	−1,43
Equity Ratio	−0,15	−0,27	−0,2	−0,2
Gross Profit Margin	467,91 %	17,57 %	4,07 %	9,77 %