SOLAR SOLUTION AS

1523 MOSS

Finances

Share Ownership

Return on Equity

126,72 %

Current Ratio

7,11

Debt-to-Equity Ratio

−7,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	528 000	0	2 225 000	2 373 000
Net Income	−147 000	−25 000	1 033 000	−294 000
Total Assets	833 000	1 533 000	1 624 000	502 000
Total Equity	−116 000	31 000	1 286 000	253 000

Income (NOK)	2022	2021	2020	2019
Revenue	528 000	0	2 225 000	2 373 000
Expenditure	457 000	32 000	986 000	2 666 000
Operating Profit	−413 000	−32 000	1 240 000	−293 000
Financial Income	0	0	1 000	1 000
Financial Costs	14 000	0	2 000	2 000
Financial Balance	−14 000	0	−1 000	−1 000
Earnings Before Tax	−427 000	−32 000	1 238 000	−294 000
Tax	−280 000	−7 000	205 000	0
Net Income	−147 000	−25 000	1 033 000	−294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	0	0	257 000
Total Current Assets	739 000	1 533 000	1 624 000	245 000
Total Assets	833 000	1 533 000	1 624 000	502 000
Total Retained Equity	−146 000	1 000	1 256 000	223 000
Total Equity	−116 000	31 000	1 286 000	253 000
Total Long-Term Debt	845 000	186 000	205 000	0
Total Current Debt	104 000	1 316 000	134 000	250 000
Total Equity and Debt	833 000	1 533 000	1 624 000	502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	528 000	0	733 000	2 373 000
Other Income	0	0	1 493 000	0
Revenue	528 000	0	2 225 000	2 373 000
Cost of Goods Sold	0	0	52 000	223 000
Salary Costs	258 000	0	314 000	839 000
Depreciation	0	0	0	54 000
Impairment	0	0	0	0
Expenditure	457 000	32 000	986 000	2 666 000
Operating Profit	−413 000	−32 000	1 240 000	−293 000
Financial Income	0	0	1 000	1 000
Financial Costs	14 000	0	2 000	2 000
Financial Balance	−14 000	0	−1 000	−1 000
Dividends	0	1 230 000	0	0
Net Income	−147 000	−25 000	1 033 000	−294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	141 000
Total Tangible Assets	0	0	0	141 000
Total Fiancial Fixed Assets	0	0	0	116 000
Total Fixed Assets	94 000	0	0	257 000
Stock	235 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	504 000	1 370 000	1 498 000	117 000
Total Current Assets	739 000	1 533 000	1 624 000	245 000
Total Assets	833 000	1 533 000	1 624 000	502 000
Total Equity	−116 000	31 000	1 286 000	253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	845 000	186 000	205 000	0
Creditors	120 000	21 000	26 000	70 000
Unpaid Taxes	−43 000	54 000	55 000	84 000
Dividends	0	1 230 000	0	0
Other Current Debt	27 000	0	53 000	96 000
Total Current Debt	104 000	1 316 000	134 000	250 000
Total Equity and Debt	833 000	1 533 000	1 624 000	502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,72 %	−80,65 %	80,33 %	−116,21 %
Debt-to-Equity Ratio	−7,28	6	0,16	0
Operating Profit Margin	−78,22 %	-	55,73 %	−12,35 %
Current Ratio	7,11	1,16	12,12	0,98
Quick Ratio	−5,64	1,16	12,12	0,98
Equity Ratio	−0,14	0,02	0,79	0,5
Gross Profit Margin	100 %	-	97,66 %	90,6 %