SOLVANG UTLEIE AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

9,75 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 910 000	1 846 000	1 865 000	1 878 000
Net Income	714 000	802 000	808 000	735 000
Total Assets	7 766 000	7 226 000	7 563 000	8 089 000
Total Equity	7 324 000	6 709 000	6 048 000	5 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 910 000	1 846 000	1 865 000	1 878 000
Expenditure	916 000	727 000	717 000	798 000
Operating Profit	995 000	1 120 000	1 147 000	1 080 000
Financial Income	1 000	0	0	0
Financial Costs	0	17 000	41 000	88 000
Financial Balance	1 000	−17 000	−41 000	−88 000
Earnings Before Tax	996 000	1 103 000	1 106 000	992 000
Tax	281 000	302 000	298 000	257 000
Net Income	714 000	802 000	808 000	735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 514 000	7 036 000	7 557 000	8 079 000
Total Current Assets	1 252 000	190 000	6 000	10 000
Total Assets	7 766 000	7 226 000	7 563 000	8 089 000
Total Retained Equity	7 224 000	6 609 000	5 948 000	5 140 000
Total Equity	7 324 000	6 709 000	6 048 000	5 240 000
Total Long-Term Debt	0	0	1 135 000	0
Total Current Debt	442 000	516 000	380 000	2 849 000
Total Equity and Debt	7 766 000	7 226 000	7 563 000	8 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 910 000	1 846 000	1 865 000	1 878 000
Revenue	1 910 000	1 846 000	1 865 000	1 878 000
Cost of Goods Sold	29 000	37 000	25 000	17 000
Salary Costs	0	0	0	0
Depreciation	522 000	522 000	522 000	522 000
Impairment	0	0	0	0
Expenditure	916 000	727 000	717 000	798 000
Operating Profit	995 000	1 120 000	1 147 000	1 080 000
Financial Income	1 000	0	0	0
Financial Costs	0	17 000	41 000	88 000
Financial Balance	1 000	−17 000	−41 000	−88 000
Dividends	0	0	0	0
Net Income	714 000	802 000	808 000	735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 514 000	7 036 000	7 557 000	8 079 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 514 000	7 036 000	7 557 000	8 079 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 514 000	7 036 000	7 557 000	8 079 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 038 000	186 000	0	0
Total Current Assets	1 252 000	190 000	6 000	10 000
Total Assets	7 766 000	7 226 000	7 563 000	8 089 000
Total Equity	7 324 000	6 709 000	6 048 000	5 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 135 000	0
Creditors	3 000	0	3 000	0
Unpaid Taxes	58 000	75 000	78 000	0
Dividends	0	0	0	0
Other Current Debt	127 000	180 000	0	889 000
Total Current Debt	442 000	516 000	380 000	2 849 000
Total Equity and Debt	7 766 000	7 226 000	7 563 000	8 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	11,95 %	13,36 %	14,03 %
Debt-to-Equity Ratio	0	0	0,19	0
Operating Profit Margin	52,09 %	60,67 %	61,5 %	57,51 %
Current Ratio	2,83	0,37	0,02	0
Quick Ratio	2,83	0,37	0,02	0
Equity Ratio	0,94	0,93	0,8	0,65
Gross Profit Margin	98,48 %	98 %	98,66 %	99,09 %