SOLVIND ÅSEN AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

96,91 %

Current Ratio

2,1

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 504 000	2 645 000	581 000	2 276 000
Net Income	4 834 000	573 000	−1 022 000	96 000
Total Assets	14 680 000	10 762 000	11 602 000	13 261 000
Total Equity	4 988 000	2 154 000	1 581 000	2 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 504 000	2 645 000	581 000	2 276 000
Expenditure	2 064 000	1 593 000	1 488 000	1 757 000
Operating Profit	6 440 000	1 052 000	−906 000	518 000
Financial Income	2 000	1 000	1 000	7 000
Financial Costs	287 000	276 000	405 000	402 000
Financial Balance	−285 000	−275 000	−404 000	−395 000
Earnings Before Tax	6 155 000	777 000	−1 310 000	123 000
Tax	1 322 000	204 000	−288 000	27 000
Net Income	4 834 000	573 000	−1 022 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 537 000	9 943 000	11 079 000	11 722 000
Total Current Assets	6 143 000	819 000	523 000	1 539 000
Total Assets	14 680 000	10 762 000	11 602 000	13 261 000
Total Retained Equity	988 000	−1 846 000	−2 419 000	−1 398 000
Total Equity	4 988 000	2 154 000	1 581 000	2 602 000
Total Long-Term Debt	6 762 000	8 076 000	9 816 000	8 820 000
Total Current Debt	2 930 000	533 000	205 000	1 839 000
Total Equity and Debt	14 680 000	10 762 000	11 602 000	13 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 504 000	2 645 000	581 000	2 276 000
Other Income	0	0	0	0
Revenue	8 504 000	2 645 000	581 000	2 276 000
Cost of Goods Sold	397 000	159 000	90 000	80 000
Salary Costs	0	0	0	0
Depreciation	931 000	932 000	932 000	932 000
Impairment	0	0	0	0
Expenditure	2 064 000	1 593 000	1 488 000	1 757 000
Operating Profit	6 440 000	1 052 000	−906 000	518 000
Financial Income	2 000	1 000	1 000	7 000
Financial Costs	287 000	276 000	405 000	402 000
Financial Balance	−285 000	−275 000	−404 000	−395 000
Dividends	2 000 000	0	0	0
Net Income	4 834 000	573 000	−1 022 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	476 000	680 000	391 000
Real Eastate	2 240 000	2 483 000	2 726 000	2 968 000
Machinery and Plant Facilities	6 297 000	6 983 000	7 670 000	8 356 000
Fixtures	0	1 000	4 000	7 000
Total Tangible Assets	8 537 000	9 467 000	10 399 000	11 331 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 537 000	9 943 000	11 079 000	11 722 000
Stock	0	0	0	0
Total Investments	0	0	21 000	679 000
Cash, Bank	5 185 000	256 000	389 000	665 000
Total Current Assets	6 143 000	819 000	523 000	1 539 000
Total Assets	14 680 000	10 762 000	11 602 000	13 261 000
Total Equity	4 988 000	2 154 000	1 581 000	2 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 762 000	8 076 000	9 816 000	8 820 000
Creditors	23 000	−5 000	24 000	−6 000
Unpaid Taxes	258 000	200 000	6 000	45 000
Dividends	2 000 000	0	0	0
Other Current Debt	580 000	337 000	176 000	1 800 000
Total Current Debt	2 930 000	533 000	205 000	1 839 000
Total Equity and Debt	14 680 000	10 762 000	11 602 000	13 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,91 %	26,6 %	−64,64 %	3,69 %
Debt-to-Equity Ratio	1,36	3,75	6,21	3,39
Operating Profit Margin	75,73 %	39,77 %	−155,94 %	22,76 %
Current Ratio	2,1	1,54	2,55	0,84
Quick Ratio	2,1	1,54	2,55	0,84
Equity Ratio	0,34	0,2	0,14	0,2
Gross Profit Margin	95,33 %	93,99 %	84,51 %	96,49 %