SOLHØGDA FORVALTNING AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−3,24 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	396 000	15 052 000	0	0
Net Income	−384 000	3 882 000	2 397 000	15 624 000
Total Assets	16 237 000	19 616 000	10 506 000	23 161 000
Total Equity	11 853 000	12 237 000	7 288 000	22 891 000

Income (NOK)	2022	2021	2020	2019
Revenue	396 000	15 052 000	0	0
Expenditure	916 000	9 858 000	76 000	14 000
Operating Profit	−520 000	5 195 000	−76 000	−14 000
Financial Income	28 000	19 000	3 152 000	15 891 000
Financial Costs	0	237 000	2 000	0
Financial Balance	28 000	−218 000	3 150 000	15 891 000
Earnings Before Tax	−493 000	4 977 000	3 073 000	15 877 000
Tax	−108 000	1 095 000	677 000	252 000
Net Income	−384 000	3 882 000	2 397 000	15 624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 766 000	12 003 000	6 258 000	11 341 000
Total Current Assets	4 471 000	7 613 000	4 248 000	11 820 000
Total Assets	16 237 000	19 616 000	10 506 000	23 161 000
Total Retained Equity	4 653 000	5 037 000	88 000	15 691 000
Total Equity	11 853 000	12 237 000	7 288 000	22 891 000
Total Long-Term Debt	827 000	935 000	0	0
Total Current Debt	3 558 000	6 443 000	3 219 000	271 000
Total Equity and Debt	16 237 000	19 616 000	10 506 000	23 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	270 000	10 526 000	0	0
Other Income	126 000	4 526 000	0	0
Revenue	396 000	15 052 000	0	0
Cost of Goods Sold	0	8 727 000	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	261 000	0	0
Impairment	0	0	0	0
Expenditure	916 000	9 858 000	76 000	14 000
Operating Profit	−520 000	5 195 000	−76 000	−14 000
Financial Income	28 000	19 000	3 152 000	15 891 000
Financial Costs	0	237 000	2 000	0
Financial Balance	28 000	−218 000	3 150 000	15 891 000
Dividends	0	2 500 000	18 000 000	8 800 000
Net Income	−384 000	3 882 000	2 397 000	15 624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 766 000	11 989 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	0	0
Total Tangible Assets	11 766 000	12 003 000	0	0
Total Fiancial Fixed Assets	0	0	6 258 000	11 341 000
Total Fixed Assets	11 766 000	12 003 000	6 258 000	11 341 000
Stock	3 661 000	3 661 000	0	0
Total Investments	0	0	0	0
Cash, Bank	797 000	3 890 000	1 248 000	11 820 000
Total Current Assets	4 471 000	7 613 000	4 248 000	11 820 000
Total Assets	16 237 000	19 616 000	10 506 000	23 161 000
Total Equity	11 853 000	12 237 000	7 288 000	22 891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	827 000	935 000	0	0
Creditors	3 545 000	3 490 000	10 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	2 500 000	18 000 000	8 800 000
Other Current Debt	13 000	30 000	32 000	12 000
Total Current Debt	3 558 000	6 443 000	3 219 000	271 000
Total Equity and Debt	16 237 000	19 616 000	10 506 000	23 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,24 %	31,72 %	32,89 %	68,25 %
Debt-to-Equity Ratio	0,07	0,08	0	0
Operating Profit Margin	−131,31 %	34,51 %	-	-
Current Ratio	1,26	1,18	1,32	43,62
Quick Ratio	−43,41	2,74	1,32	43,62
Equity Ratio	0,73	0,62	0,69	0,99
Gross Profit Margin	100 %	42,02 %	-	-