SOLAN LUDVIG AS

0259 OSLO

Finances

Return on Equity

−8,91 %

Current Ratio

10,71

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 000	311 000	585 000	489 000
Net Income	−125 000	215 000	281 000	396 000
Total Assets	4 670 000	5 101 000	4 826 000	3 998 000
Total Equity	1 403 000	1 528 000	1 313 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 000	311 000	585 000	489 000
Expenditure	63 000	55 000	40 000	25 000
Operating Profit	14 000	256 000	545 000	464 000
Financial Income	3 000	22 000	3 000	0
Financial Costs	139 000	7 000	147 000	0
Financial Balance	−136 000	15 000	−144 000	0
Earnings Before Tax	−122 000	271 000	400 000	465 000
Tax	3 000	56 000	120 000	69 000
Net Income	−125 000	215 000	281 000	396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 413 000	4 470 000	4 033 000	3 344 000
Total Current Assets	257 000	631 000	794 000	655 000
Total Assets	4 670 000	5 101 000	4 826 000	3 998 000
Total Retained Equity	402 000	527 000	312 000	31 000
Total Equity	1 403 000	1 528 000	1 313 000	1 032 000
Total Long-Term Debt	3 243 000	0	0	0
Total Current Debt	24 000	3 573 000	3 514 000	2 966 000
Total Equity and Debt	4 670 000	5 101 000	4 826 000	3 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 000	311 000	585 000	489 000
Other Income	0	0	0	0
Revenue	77 000	311 000	585 000	489 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	55 000	40 000	25 000
Operating Profit	14 000	256 000	545 000	464 000
Financial Income	3 000	22 000	3 000	0
Financial Costs	139 000	7 000	147 000	0
Financial Balance	−136 000	15 000	−144 000	0
Dividends	0	0	0	0
Net Income	−125 000	215 000	281 000	396 000

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	4 413 000	4 470 000	4 033 000	3 344 000
Total Fixed Assets	4 413 000	4 470 000	4 033 000	3 344 000
Stock	0	0	0	0
Total Investments	207 000	366 000	0	0
Cash, Bank	26 000	208 000	457 000	370 000
Total Current Assets	257 000	631 000	794 000	655 000
Total Assets	4 670 000	5 101 000	4 826 000	3 998 000
Total Equity	1 403 000	1 528 000	1 313 000	1 032 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 243 000	0	0	0
Creditors	1 000	0	9 000	0
Unpaid Taxes	0	0	44 000	8 000
Dividends	0	0	0	0
Other Current Debt	20 000	3 517 000	3 342 000	2 889 000
Total Current Debt	24 000	3 573 000	3 514 000	2 966 000
Total Equity and Debt	4 670 000	5 101 000	4 826 000	3 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,91 %	14,07 %	21,4 %	38,37 %
Debt-to-Equity Ratio	2,31	0	0	0
Operating Profit Margin	18,18 %	82,32 %	93,16 %	94,89 %
Current Ratio	10,71	0,18	0,23	0,22
Quick Ratio	10,71	0,18	0,23	0,22
Equity Ratio	0,3	0,3	0,27	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %