SOLENS FORLAG AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

25,49 %

Current Ratio

−14,18

Debt-to-Equity Ratio

9,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	193 000	143 000	172 000
Net Income	13 000	35 000	−24 000	15 000
Total Assets	482 000	442 000	415 000	381 000
Total Equity	51 000	38 000	3 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	193 000	143 000	172 000
Expenditure	485 000	156 000	168 000	157 000
Operating Profit	17 000	37 000	−24 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	17 000	37 000	−24 000	15 000
Tax	4 000	2 000	0	0
Net Income	13 000	35 000	−24 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	482 000	442 000	415 000	381 000
Total Assets	482 000	442 000	415 000	381 000
Total Retained Equity	0	8 000	−27 000	−3 000
Total Equity	51 000	38 000	3 000	27 000
Total Long-Term Debt	464 000	408 000	433 000	349 000
Total Current Debt	−34 000	−4 000	−21 000	5 000
Total Equity and Debt	482 000	442 000	415 000	381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	501 000	193 000	143 000	172 000
Other Income	0	0	0	0
Revenue	501 000	193 000	143 000	172 000
Cost of Goods Sold	373 000	90 000	96 000	72 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	485 000	156 000	168 000	157 000
Operating Profit	17 000	37 000	−24 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	13 000	35 000	−24 000	15 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	454 000	421 000	390 000	354 000
Total Investments	0	0	0	0
Cash, Bank	21 000	9 000	12 000	9 000
Total Current Assets	482 000	442 000	415 000	381 000
Total Assets	482 000	442 000	415 000	381 000
Total Equity	51 000	38 000	3 000	27 000
Short-Term Group Debt	0	0	−24 000	0
Total Long-Term Debt	464 000	408 000	433 000	349 000
Creditors	1 000	1 000	3 000	0
Unpaid Taxes	−46 000	−16 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	9 000	0	5 000
Total Current Debt	−34 000	−4 000	−21 000	5 000
Total Equity and Debt	482 000	442 000	415 000	381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,49 %	92,11 %	−800 %	55,56 %
Debt-to-Equity Ratio	9,1	10,74	144,33	12,93
Operating Profit Margin	3,39 %	19,17 %	−16,78 %	8,72 %
Current Ratio	−14,18	−110,5	−19,76	76,2
Quick Ratio	−0,99	−1,04	−1,01	−1,09
Equity Ratio	0,11	0,09	0,01	0,07
Gross Profit Margin	25,55 %	53,37 %	32,87 %	58,14 %