SOLING EIENDOM AS

5183 OLSVIK

Finances

Return on Equity

120,29 %

Current Ratio

−51,26

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	15 000	38 000	0
Net Income	1 263 000	−4 000	−1 000	−13 000
Total Assets	1 015 000	442 000	352 000	330 000
Total Equity	1 050 000	−213 000	−209 000	−209 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	15 000	38 000	0
Expenditure	141 000	15 000	38 000	13 000
Operating Profit	−141 000	0	−1 000	−13 000
Financial Income	1 485 000	0	0	0
Financial Costs	80 000	5 000	0	0
Financial Balance	1 405 000	−5 000	0	0
Earnings Before Tax	1 264 000	−5 000	−1 000	−13 000
Tax	1 000	−1 000	0	0
Net Income	1 263 000	−4 000	−1 000	−13 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	41 000	31 000	0	0
Total Current Assets	974 000	410 000	352 000	330 000
Total Assets	1 015 000	442 000	352 000	330 000
Total Retained Equity	945 000	−318 000	−314 000	−314 000
Total Equity	1 050 000	−213 000	−209 000	−209 000
Total Long-Term Debt	−15 000	615 000	508 000	487 000
Total Current Debt	−19 000	40 000	53 000	52 000
Total Equity and Debt	1 015 000	442 000	352 000	330 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	15 000	38 000	0
Other Income	0	0	0	0
Revenue	0	15 000	38 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	141 000	15 000	38 000	13 000
Operating Profit	−141 000	0	−1 000	−13 000
Financial Income	1 485 000	0	0	0
Financial Costs	80 000	5 000	0	0
Financial Balance	1 405 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	1 263 000	−4 000	−1 000	−13 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	0	0	0
Total Tangible Assets	26 000	0	0	0
Total Fiancial Fixed Assets	15 000	30 000	0	0
Total Fixed Assets	41 000	31 000	0	0
Stock	352 000	352 000	352 000	328 000
Total Investments	0	0	0	0
Cash, Bank	97 000	0	0	1 000
Total Current Assets	974 000	410 000	352 000	330 000
Total Assets	1 015 000	442 000	352 000	330 000
Total Equity	1 050 000	−213 000	−209 000	−209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−15 000	615 000	508 000	487 000
Creditors	−26 000	34 000	109 000	76 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	6 000	6 000
Total Current Debt	−19 000	40 000	53 000	52 000
Total Equity and Debt	1 015 000	442 000	352 000	330 000

Financial indicators	2021	2020	2019	2018
Return on Equity	120,29 %	1,88 %	0,48 %	6,22 %
Debt-to-Equity Ratio	−0,01	−2,89	−2,43	−2,33
Operating Profit Margin	-	0 %	−2,63 %	-
Current Ratio	−51,26	10,25	6,64	6,35
Quick Ratio	−2,63	−1,31	−1,18	−1,2
Equity Ratio	1,03	−0,48	−0,59	−0,63
Gross Profit Margin	-	100 %	100 %	-