SOLSTAD MEXICO AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

−4,27 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	−38 000	−5 000	3 382 000	8 286 000
Net Income	−32 000	−143 000	62 000	85 000
Total Assets	4 624 000	4 992 000	7 417 000	5 720 000
Total Equity	749 000	781 000	925 000	863 000

Income (USD)	2022	2021	2020	2019
Revenue	−38 000	−5 000	3 382 000	8 286 000
Expenditure	63 000	205 000	3 244 000	7 916 000
Operating Profit	−102 000	−210 000	138 000	370 000
Financial Income	72 000	69 000	0	0
Financial Costs	2 000	2 000	63 000	129 000
Financial Balance	70 000	67 000	−63 000	−129 000
Earnings Before Tax	−32 000	−143 000	76 000	241 000
Tax	0	0	14 000	156 000
Net Income	−32 000	−143 000	62 000	85 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	900 000	1 108 000	1 108 000	1 047 000
Total Current Assets	3 724 000	3 883 000	6 309 000	4 673 000
Total Assets	4 624 000	4 992 000	7 417 000	5 720 000
Total Retained Equity	−987 000	−955 000	−812 000	−874 000
Total Equity	749 000	781 000	925 000	863 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 875 000	4 210 000	6 493 000	4 857 000
Total Equity and Debt	4 624 000	4 992 000	7 417 000	5 720 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	−34 000	0	6 281 000	8 286 000
Other Income	−4 000	−5 000	−2 899 000	0
Revenue	−38 000	−5 000	3 382 000	8 286 000
Cost of Goods Sold	0	1 000	1 457 000	3 400 000
Salary Costs	5 000	10 000	1 633 000	3 796 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	205 000	3 244 000	7 916 000
Operating Profit	−102 000	−210 000	138 000	370 000
Financial Income	72 000	69 000	0	0
Financial Costs	2 000	2 000	63 000	129 000
Financial Balance	70 000	67 000	−63 000	−129 000
Dividends	0	0	0	0
Net Income	−32 000	−143 000	62 000	85 000

Balance details (USD)	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	900 000	1 108 000	1 108 000	1 047 000
Total Fixed Assets	900 000	1 108 000	1 108 000	1 047 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 126 000	1 187 000	3 707 000	2 639 000
Total Current Assets	3 724 000	3 883 000	6 309 000	4 673 000
Total Assets	4 624 000	4 992 000	7 417 000	5 720 000
Total Equity	749 000	781 000	925 000	863 000
Short-Term Group Debt	0	0	0	254 000
Total Long-Term Debt	0	0	0	0
Creditors	3 875 000	4 210 000	5 578 000	4 906 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	901 000	−303 000
Total Current Debt	3 875 000	4 210 000	6 493 000	4 857 000
Total Equity and Debt	4 624 000	4 992 000	7 417 000	5 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,27 %	−18,31 %	6,7 %	9,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	268,42 %	4 200 %	4,08 %	4,47 %
Current Ratio	0,96	0,92	0,97	0,96
Quick Ratio	0,96	0,92	0,97	0,96
Equity Ratio	0,16	0,16	0,12	0,15
Gross Profit Margin	100 %	120 %	56,92 %	58,97 %