SOLHEIM TERRASSE BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

8,96 %

Current Ratio

12,34

Debt-to-Equity Ratio

7,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 953 000	1 962 000	1 923 000	2 004 000
Net Income	586 000	594 000	642 000	632 000
Total Assets	52 819 000	52 783 000	52 705 000	52 623 000
Total Equity	6 537 000	5 951 000	5 358 000	4 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 953 000	1 962 000	1 923 000	2 004 000
Expenditure	1 076 000	1 038 000	951 000	1 041 000
Operating Profit	878 000	915 000	972 000	964 000
Financial Income	21 000	3 000	6 000	16 000
Financial Costs	313 000	325 000	336 000	348 000
Financial Balance	−292 000	−322 000	−330 000	−332 000
Earnings Before Tax	586 000	601 000	642 000	632 000
Tax	0	0	0	0
Net Income	586 000	594 000	642 000	632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 807 000	50 753 000	50 761 000	50 770 000
Total Current Assets	2 011 000	2 031 000	1 944 000	1 854 000
Total Assets	52 819 000	52 783 000	52 705 000	52 623 000
Total Retained Equity	6 432 000	5 846 000	5 253 000	4 611 000
Total Equity	6 537 000	5 951 000	5 358 000	4 716 000
Total Long-Term Debt	46 118 000	46 688 000	47 246 000	47 792 000
Total Current Debt	163 000	144 000	102 000	116 000
Total Equity and Debt	52 819 000	52 783 000	52 705 000	52 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 953 000	1 962 000	1 923 000	2 004 000
Revenue	1 953 000	1 962 000	1 923 000	2 004 000
Cost of Goods Sold	0	0	0	0
Salary Costs	84 000	78 000	72 000	49 000
Depreciation	16 000	8 000	8 000	4 000
Impairment	0	0	0	0
Expenditure	1 076 000	1 038 000	951 000	1 041 000
Operating Profit	878 000	915 000	972 000	964 000
Financial Income	21 000	3 000	6 000	16 000
Financial Costs	313 000	325 000	336 000	348 000
Financial Balance	−292 000	−322 000	−330 000	−332 000
Dividends	0	0	0	0
Net Income	586 000	594 000	642 000	632 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 688 000	50 688 000	50 688 000	50 688 000
Machinery and Plant Facilities	119 000	64 000	73 000	81 000
Fixtures	0	0	0	0
Total Tangible Assets	50 807 000	50 753 000	50 761 000	50 770 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 807 000	50 753 000	50 761 000	50 770 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 900 000	1 944 000	1 868 000	1 755 000
Total Current Assets	2 011 000	2 031 000	1 944 000	1 854 000
Total Assets	52 819 000	52 783 000	52 705 000	52 623 000
Total Equity	6 537 000	5 951 000	5 358 000	4 716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	46 118 000	46 688 000	47 246 000	47 792 000
Creditors	154 000	135 000	101 000	112 000
Unpaid Taxes	2 000	2 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	0	2 000
Total Current Debt	163 000	144 000	102 000	116 000
Total Equity and Debt	52 819 000	52 783 000	52 705 000	52 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,96 %	9,98 %	11,98 %	13,4 %
Debt-to-Equity Ratio	7,05	7,85	8,82	10,13
Operating Profit Margin	44,96 %	46,64 %	50,55 %	48,1 %
Current Ratio	12,34	14,1	19,06	15,98
Quick Ratio	12,34	14,1	19,06	15,98
Equity Ratio	0,12	0,11	0,1	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %