SOLSTRANDVEIEN AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

164,92 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 060 000	63 550 000	80 000	0
Net Income	13 383 000	2 504 000	−383 000	−388 000
Total Assets	25 161 000	84 067 000	17 698 000	14 410 000
Total Equity	8 115 000	2 732 000	227 000	610 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 060 000	63 550 000	80 000	0
Expenditure	71 071 000	60 141 000	136 000	114 000
Operating Profit	16 989 000	3 409 000	−57 000	−114 000
Financial Income	169 000	1 000	5 000	7 000
Financial Costs	0	200 000	438 000	390 000
Financial Balance	169 000	−199 000	−433 000	−383 000
Earnings Before Tax	17 158 000	3 211 000	−490 000	−498 000
Tax	3 775 000	706 000	−108 000	−110 000
Net Income	13 383 000	2 504 000	−383 000	−388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	0	356 000	248 000
Total Current Assets	24 717 000	84 067 000	17 343 000	14 162 000
Total Assets	25 161 000	84 067 000	17 698 000	14 410 000
Total Retained Equity	7 861 000	2 478 000	−26 000	356 000
Total Equity	8 115 000	2 732 000	227 000	610 000
Total Long-Term Debt	2 495 000	1 277 000	16 322 000	13 512 000
Total Current Debt	14 551 000	80 059 000	1 149 000	288 000
Total Equity and Debt	25 161 000	84 067 000	17 698 000	14 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 060 000	63 550 000	80 000	0
Other Income	0	0	0	0
Revenue	88 060 000	63 550 000	80 000	0
Cost of Goods Sold	70 767 000	59 622 000	0	0
Salary Costs	0	34 000	68 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	71 071 000	60 141 000	136 000	114 000
Operating Profit	16 989 000	3 409 000	−57 000	−114 000
Financial Income	169 000	1 000	5 000	7 000
Financial Costs	0	200 000	438 000	390 000
Financial Balance	169 000	−199 000	−433 000	−383 000
Dividends	8 000 000	0	0	0
Net Income	13 383 000	2 504 000	−383 000	−388 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	443 000	0	356 000	248 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	443 000	0	356 000	248 000
Stock	8 916 000	19 452 000	16 068 000	14 045 000
Total Investments	0	0	0	0
Cash, Bank	15 382 000	1 064 000	1 275 000	117 000
Total Current Assets	24 717 000	84 067 000	17 343 000	14 162 000
Total Assets	25 161 000	84 067 000	17 698 000	14 410 000
Total Equity	8 115 000	2 732 000	227 000	610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 495 000	1 277 000	16 322 000	13 512 000
Creditors	117 000	5 536 000	1 132 000	282 000
Unpaid Taxes	0	0	0	0
Dividends	8 000 000	0	0	0
Other Current Debt	1 865 000	0	17 000	6 000
Total Current Debt	14 551 000	80 059 000	1 149 000	288 000
Total Equity and Debt	25 161 000	84 067 000	17 698 000	14 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,92 %	91,65 %	−168,72 %	−63,61 %
Debt-to-Equity Ratio	0,31	0,47	71,9	22,15
Operating Profit Margin	19,29 %	5,36 %	−71,25 %	-
Current Ratio	1,7	1,05	15,09	49,17
Quick Ratio	4,39	1,39	−1,16	−1,03
Equity Ratio	0,32	0,03	0,01	0,04
Gross Profit Margin	19,64 %	6,18 %	100 %	-