SOLAAS UTVIKLING AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

4,51 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	1 847 000	0	0
Net Income	−155 000	−639 000	−260 000	−220 000
Total Assets	747 000	760 000	2 982 000	2 970 000
Total Equity	−3 434 000	−3 279 000	−2 640 000	−2 380 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	1 847 000	0	0
Expenditure	72 000	2 317 000	76 000	64 000
Operating Profit	−65 000	−471 000	−76 000	−64 000
Financial Income	0	0	0	0
Financial Costs	90 000	168 000	184 000	156 000
Financial Balance	−90 000	−168 000	−184 000	−156 000
Earnings Before Tax	−155 000	−639 000	−260 000	−220 000
Tax	0	0	0	0
Net Income	−155 000	−639 000	−260 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	747 000	760 000	2 982 000	2 970 000
Total Assets	747 000	760 000	2 982 000	2 970 000
Total Retained Equity	−3 534 000	−3 379 000	−2 740 000	−2 480 000
Total Equity	−3 434 000	−3 279 000	−2 640 000	−2 380 000
Total Long-Term Debt	1 203 000	1 202 000	2 776 000	2 615 000
Total Current Debt	2 978 000	2 836 000	2 845 000	2 735 000
Total Equity and Debt	747 000	760 000	2 982 000	2 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	1 847 000	0	0
Other Income	0	0	0	0
Revenue	7 000	1 847 000	0	0
Cost of Goods Sold	0	2 222 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	2 317 000	76 000	64 000
Operating Profit	−65 000	−471 000	−76 000	−64 000
Financial Income	0	0	0	0
Financial Costs	90 000	168 000	184 000	156 000
Financial Balance	−90 000	−168 000	−184 000	−156 000
Dividends	0	0	0	0
Net Income	−155 000	−639 000	−260 000	−220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Stock	741 000	741 000	2 963 000	2 963 000
Total Investments	0	0	0	0
Cash, Bank	0	13 000	14 000	2 000
Total Current Assets	747 000	760 000	2 982 000	2 970 000
Total Assets	747 000	760 000	2 982 000	2 970 000
Total Equity	−3 434 000	−3 279 000	−2 640 000	−2 380 000
Short-Term Group Debt	0	0	1 063 000	1 063 000
Total Long-Term Debt	1 203 000	1 202 000	2 776 000	2 615 000
Creditors	1 819 000	1 664 000	1 634 000	1 547 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 159 000	1 172 000	148 000	126 000
Total Current Debt	2 978 000	2 836 000	2 845 000	2 735 000
Total Equity and Debt	747 000	760 000	2 982 000	2 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,51 %	19,49 %	9,85 %	9,24 %
Debt-to-Equity Ratio	−0,35	−0,37	−1,05	−1,1
Operating Profit Margin	−928,57 %	−25,5 %	-	-
Current Ratio	0,25	0,27	1,05	1,09
Quick Ratio	0,33	0,36	−25,27	−13,03
Equity Ratio	−4,6	−4,31	−0,89	−0,8
Gross Profit Margin	100 %	−20,3 %	-	-