SOLVANGEN BORETTSLAG HAUGESUND

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

23,22 %

Current Ratio

4,79

Debt-to-Equity Ratio

9,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 362 000	4 913 000	5 124 000	5 561 000
Net Income	2 456 000	2 543 000	2 590 000	1 766 000
Total Assets	106 786 000	106 782 000	106 861 000	106 628 000
Total Equity	10 579 000	8 124 000	5 581 000	2 991 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 362 000	4 913 000	5 124 000	5 561 000
Expenditure	2 101 000	1 816 000	1 740 000	2 601 000
Operating Profit	3 261 000	3 089 000	3 384 000	2 961 000
Financial Income	1 000	0	0	4 000
Financial Costs	806 000	547 000	795 000	1 198 000
Financial Balance	−805 000	−547 000	−795 000	−1 194 000
Earnings Before Tax	2 456 000	1 397 000	1 387 000	427 000
Tax	0	0	0	0
Net Income	2 456 000	2 543 000	2 590 000	1 766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 393 000	106 415 000	106 437 000	106 255 000
Total Current Assets	393 000	367 000	424 000	373 000
Total Assets	106 786 000	106 782 000	106 861 000	106 628 000
Total Retained Equity	10 344 000	7 889 000	5 346 000	2 756 000
Total Equity	10 579 000	8 124 000	5 581 000	2 991 000
Total Long-Term Debt	96 125 000	98 599 000	101 072 000	103 546 000
Total Current Debt	82 000	60 000	208 000	91 000
Total Equity and Debt	106 786 000	106 782 000	106 861 000	106 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 362 000	3 760 000	3 921 000	4 222 000
Revenue	5 362 000	4 913 000	5 124 000	5 561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	59 000	58 000	51 000	59 000
Depreciation	22 000	22 000	9 000	0
Impairment	0	0	0	0
Expenditure	2 101 000	1 816 000	1 740 000	2 601 000
Operating Profit	3 261 000	3 089 000	3 384 000	2 961 000
Financial Income	1 000	0	0	4 000
Financial Costs	806 000	547 000	795 000	1 198 000
Financial Balance	−805 000	−547 000	−795 000	−1 194 000
Dividends	0	0	0	0
Net Income	2 456 000	2 543 000	2 590 000	1 766 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	106 255 000	106 255 000	106 255 000	106 255 000
Machinery and Plant Facilities	124 000	140 000	156 000	0
Fixtures	14 000	20 000	26 000	0
Total Tangible Assets	106 393 000	106 415 000	106 437 000	106 255 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 393 000	106 415 000	106 437 000	106 255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	370 000	353 000	406 000	364 000
Total Current Assets	393 000	367 000	424 000	373 000
Total Assets	106 786 000	106 782 000	106 861 000	106 628 000
Total Equity	10 579 000	8 124 000	5 581 000	2 991 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	96 125 000	98 599 000	101 072 000	103 546 000
Creditors	34 000	18 000	193 000	61 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	48 000	42 000	14 000	30 000
Total Current Debt	82 000	60 000	208 000	91 000
Total Equity and Debt	106 786 000	106 782 000	106 861 000	106 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,22 %	31,3 %	46,41 %	59,04 %
Debt-to-Equity Ratio	9,09	12,14	18,11	34,62
Operating Profit Margin	60,82 %	62,87 %	66,04 %	53,25 %
Current Ratio	4,79	6,12	2,04	4,1
Quick Ratio	4,79	6,12	2,04	4,1
Equity Ratio	0,1	0,08	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %