SOLNES AUTO AS

6953 LEIRVIK I SOGN

Finances

Share Ownership

Return on Equity

6,26 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	24 000	49 000	19 000
Net Income	−42 000	−30 000	−14 000	−63 000
Total Assets	62 000	60 000	69 000	79 000
Total Equity	−671 000	−629 000	−599 000	−585 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	24 000	49 000	19 000
Expenditure	42 000	53 000	63 000	83 000
Operating Profit	−42 000	−30 000	−14 000	−64 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−42 000	−30 000	−14 000	−63 000
Tax	0	0	0	0
Net Income	−42 000	−30 000	−14 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	12 000	16 000	21 000
Total Current Assets	53 000	47 000	53 000	58 000
Total Assets	62 000	60 000	69 000	79 000
Total Retained Equity	−701 000	−659 000	−629 000	−615 000
Total Equity	−671 000	−629 000	−599 000	−585 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	733 000	689 000	668 000	665 000
Total Equity and Debt	62 000	60 000	69 000	79 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	24 000	49 000	19 000
Other Income	0	0	0	0
Revenue	0	24 000	49 000	19 000
Cost of Goods Sold	0	4 000	23 000	14 000
Salary Costs	0	0	0	0
Depreciation	4 000	4 000	4 000	25 000
Impairment	0	0	0	0
Expenditure	42 000	53 000	63 000	83 000
Operating Profit	−42 000	−30 000	−14 000	−64 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−42 000	−30 000	−14 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 000	12 000	16 000	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	8 000	12 000	16 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	12 000	16 000	21 000
Stock	40 000	40 000	40 000	40 000
Total Investments	0	0	0	0
Cash, Bank	13 000	7 000	13 000	18 000
Total Current Assets	53 000	47 000	53 000	58 000
Total Assets	62 000	60 000	69 000	79 000
Total Equity	−671 000	−629 000	−599 000	−585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	4 000	5 000	4 000
Unpaid Taxes	−1 000	−1 000	1 000	−1 000
Dividends	0	0	0	0
Other Current Debt	731 000	686 000	661 000	661 000
Total Current Debt	733 000	689 000	668 000	665 000
Total Equity and Debt	62 000	60 000	69 000	79 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,26 %	4,77 %	2,34 %	10,77 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	−125 %	−28,57 %	−336,84 %
Current Ratio	0,07	0,07	0,08	0,09
Quick Ratio	0,08	0,07	0,08	0,09
Equity Ratio	−10,82	−10,48	−8,68	−7,41
Gross Profit Margin	-	83,33 %	53,06 %	26,32 %