SOLSIDEN UTVIKLING AS

3612 KONGSBERG

Finances

Share Ownership

Return on Equity

224,7 %

Current Ratio

16,52

Debt-to-Equity Ratio

−10

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 940 000	2 472 000	11 173 000	20 066 000
Net Income	−1 519 000	100 000	−859 000	−511 000
Total Assets	6 476 000	8 854 000	14 531 000	32 691 000
Total Equity	−676 000	843 000	583 000	1 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 940 000	2 472 000	11 173 000	20 066 000
Expenditure	5 470 000	2 316 000	11 251 000	19 349 000
Operating Profit	−1 531 000	156 000	−78 000	717 000
Financial Income	0	1 000	58 000	2 000
Financial Costs	0	46 000	839 000	1 085 000
Financial Balance	0	−45 000	−781 000	−1 083 000
Earnings Before Tax	−1 531 000	112 000	−860 000	−366 000
Tax	−12 000	12 000	−1 000	145 000
Net Income	−1 519 000	100 000	−859 000	−511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 337 000	2 105 000
Total Current Assets	6 476 000	8 854 000	13 195 000	30 586 000
Total Assets	6 476 000	8 854 000	14 531 000	32 691 000
Total Retained Equity	−776 000	743 000	483 000	1 747 000
Total Equity	−676 000	843 000	583 000	1 847 000
Total Long-Term Debt	6 761 000	7 105 000	11 259 000	29 483 000
Total Current Debt	392 000	906 000	2 689 000	1 362 000
Total Equity and Debt	6 476 000	8 854 000	14 531 000	32 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 850 000	1 420 000	11 173 000	20 066 000
Other Income	90 000	1 052 000	0	0
Revenue	3 940 000	2 472 000	11 173 000	20 066 000
Cost of Goods Sold	5 180 000	2 162 000	11 014 000	19 073 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 470 000	2 316 000	11 251 000	19 349 000
Operating Profit	−1 531 000	156 000	−78 000	717 000
Financial Income	0	1 000	58 000	2 000
Financial Costs	0	46 000	839 000	1 085 000
Financial Balance	0	−45 000	−781 000	−1 083 000
Dividends	0	0	0	0
Net Income	−1 519 000	100 000	−859 000	−511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 105 000	1 105 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	1 105 000	1 105 000
Total Fiancial Fixed Assets	0	0	232 000	1 000 000
Total Fixed Assets	0	0	1 337 000	2 105 000
Stock	5 350 000	7 700 000	9 411 000	9 668 000
Total Investments	0	0	0	0
Cash, Bank	76 000	7 000	15 000	8 000
Total Current Assets	6 476 000	8 854 000	13 195 000	30 586 000
Total Assets	6 476 000	8 854 000	14 531 000	32 691 000
Total Equity	−676 000	843 000	583 000	1 847 000
Short-Term Group Debt	0	0	662 000	278 000
Total Long-Term Debt	6 761 000	7 105 000	11 259 000	29 483 000
Creditors	103 000	616 000	347 000	525 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	289 000	289 000	1 664 000	559 000
Total Current Debt	392 000	906 000	2 689 000	1 362 000
Total Equity and Debt	6 476 000	8 854 000	14 531 000	32 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,7 %	11,86 %	−147,34 %	−27,67 %
Debt-to-Equity Ratio	−10	8,43	19,31	15,96
Operating Profit Margin	−38,86 %	6,31 %	−0,7 %	3,57 %
Current Ratio	16,52	9,77	4,91	22,46
Quick Ratio	−1,31	−1,3	−1,96	−3,68
Equity Ratio	−0,1	0,1	0,04	0,06
Gross Profit Margin	−31,47 %	12,54 %	1,42 %	4,95 %