SOLSTRAND NÆRINGSEIENDOM AS

6421 MOLDE

Finances

Share Ownership

Return on Equity

1,02 %

Current Ratio

0,47

Debt-to-Equity Ratio

33,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 186 000	1 302 000	11 652 000	26 000
Net Income	6 000	9 000	751 000	−75 000
Total Assets	20 819 000	21 014 000	29 975 000	9 463 000
Total Equity	586 000	580 000	242 000	186 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 186 000	1 302 000	11 652 000	26 000
Expenditure	510 000	535 000	10 683 000	123 000
Operating Profit	676 000	767 000	969 000	−97 000
Financial Income	0	0	2 000	1 000
Financial Costs	669 000	756 000	8 000	0
Financial Balance	−669 000	−756 000	−6 000	1 000
Earnings Before Tax	8 000	11 000	963 000	−96 000
Tax	2 000	2 000	212 000	−21 000
Net Income	6 000	9 000	751 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 650 000	20 447 000	19 605 000	5 877 000
Total Current Assets	168 000	567 000	10 370 000	3 587 000
Total Assets	20 819 000	21 014 000	29 975 000	9 463 000
Total Retained Equity	85 000	79 000	70 000	15 000
Total Equity	586 000	580 000	242 000	186 000
Total Long-Term Debt	19 879 000	20 138 000	26 303 000	8 988 000
Total Current Debt	354 000	297 000	3 430 000	288 000
Total Equity and Debt	20 819 000	21 014 000	29 975 000	9 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 186 000	1 302 000	11 565 000	26 000
Other Income	0	0	86 000	0
Revenue	1 186 000	1 302 000	11 652 000	26 000
Cost of Goods Sold	0	170 000	10 501 000	0
Salary Costs	0	0	0	0
Depreciation	192 000	100 000	0	26 000
Impairment	0	0	0	0
Expenditure	510 000	535 000	10 683 000	123 000
Operating Profit	676 000	767 000	969 000	−97 000
Financial Income	0	0	2 000	1 000
Financial Costs	669 000	756 000	8 000	0
Financial Balance	−669 000	−756 000	−6 000	1 000
Dividends	0	0	0	0
Net Income	6 000	9 000	751 000	−75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	28 000
Real Eastate	20 388 000	20 447 000	19 592 000	5 848 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	263 000	0	0	0
Total Tangible Assets	20 650 000	20 447 000	19 592 000	5 848 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 650 000	20 447 000	19 605 000	5 877 000
Stock	0	0	0	3 124 000
Total Investments	0	0	0	0
Cash, Bank	44 000	17 000	10 000	39 000
Total Current Assets	168 000	567 000	10 370 000	3 587 000
Total Assets	20 819 000	21 014 000	29 975 000	9 463 000
Total Equity	586 000	580 000	242 000	186 000
Short-Term Group Debt	0	0	892 000	0
Total Long-Term Debt	19 879 000	20 138 000	26 303 000	8 988 000
Creditors	21 000	9 000	2 255 000	106 000
Unpaid Taxes	10 000	19 000	0	0
Dividends	0	0	0	0
Other Current Debt	322 000	268 000	283 000	183 000
Total Current Debt	354 000	297 000	3 430 000	288 000
Total Equity and Debt	20 819 000	21 014 000	29 975 000	9 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,02 %	1,55 %	310,33 %	−40,32 %
Debt-to-Equity Ratio	33,92	34,72	108,69	48,32
Operating Profit Margin	57 %	58,91 %	8,32 %	−373,08 %
Current Ratio	0,47	1,91	3,02	12,45
Quick Ratio	0,47	1,91	3,02	−1,26
Equity Ratio	0,03	0,03	0,01	0,02
Gross Profit Margin	100 %	86,94 %	9,88 %	100 %