SOLON SØRVEST BOLIGUTVIKLING AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−11,59 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 633 000	152 701 000	189 626 000	246 994 000
Net Income	−14 488 000	−6 523 000	2 260 000	7 762 000
Total Assets	186 379 000	262 185 000	292 896 000	388 317 000
Total Equity	125 038 000	123 325 000	129 848 000	131 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 633 000	152 701 000	189 626 000	246 994 000
Expenditure	165 165 000	155 992 000	180 542 000	230 130 000
Operating Profit	−14 532 000	−3 292 000	9 083 000	16 864 000
Financial Income	71 000	26 000	262 000	615 000
Financial Costs	4 114 000	5 097 000	6 448 000	7 528 000
Financial Balance	−4 043 000	−5 071 000	−6 186 000	−6 913 000
Earnings Before Tax	−18 574 000	−8 362 000	2 897 000	9 952 000
Tax	−4 086 000	−1 840 000	637 000	2 189 000
Net Income	−14 488 000	−6 523 000	2 260 000	7 762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	481 000	964 000	0	0
Total Current Assets	185 898 000	261 222 000	292 896 000	388 317 000
Total Assets	186 379 000	262 185 000	292 896 000	388 317 000
Total Retained Equity	111 376 000	109 663 000	116 185 000	117 865 000
Total Equity	125 038 000	123 325 000	129 848 000	131 528 000
Total Long-Term Debt	0	6 000 000	6 876 000	7 348 000
Total Current Debt	61 340 000	132 860 000	156 172 000	249 441 000
Total Equity and Debt	186 379 000	262 185 000	292 896 000	388 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 633 000	152 701 000	189 626 000	246 994 000
Other Income	0	0	0	0
Revenue	150 633 000	152 701 000	189 626 000	246 994 000
Cost of Goods Sold	162 402 000	146 617 000	172 164 000	220 685 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	165 165 000	155 992 000	180 542 000	230 130 000
Operating Profit	−14 532 000	−3 292 000	9 083 000	16 864 000
Financial Income	71 000	26 000	262 000	615 000
Financial Costs	4 114 000	5 097 000	6 448 000	7 528 000
Financial Balance	−4 043 000	−5 071 000	−6 186 000	−6 913 000
Dividends	0	0	0	0
Net Income	−14 488 000	−6 523 000	2 260 000	7 762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	481 000	964 000	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	481 000	964 000	0	0
Stock	111 352 000	387 985 000	202 013 000	264 772 000
Total Investments	0	0	0	0
Cash, Bank	538 000	7 951 000	1 861 000	109 000
Total Current Assets	185 898 000	261 222 000	292 896 000	388 317 000
Total Assets	186 379 000	262 185 000	292 896 000	388 317 000
Total Equity	125 038 000	123 325 000	129 848 000	131 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000 000	6 876 000	7 348 000
Creditors	2 941 000	12 918 000	4 339 000	14 976 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 493 000	6 289 000	22 319 000	21 707 000
Total Current Debt	61 340 000	132 860 000	156 172 000	249 441 000
Total Equity and Debt	186 379 000	262 185 000	292 896 000	388 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,59 %	−5,29 %	1,74 %	5,9 %
Debt-to-Equity Ratio	0	0,05	0,05	0,06
Operating Profit Margin	−9,65 %	−2,16 %	4,79 %	6,83 %
Current Ratio	3,03	1,97	1,88	1,56
Quick Ratio	−3,72	−1,02	−6,39	−25,33
Equity Ratio	0,67	0,47	0,44	0,34
Gross Profit Margin	−7,81 %	3,98 %	9,21 %	10,65 %