SOLBAKK AS

1423 SKI

Finances

Share Ownership

Return on Equity

−80,18 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 121 000	1 795 000	891 000	1 439 000
Net Income	−89 000	140 000	−113 000	−16 000
Total Assets	497 000	487 000	191 000	292 000
Total Equity	111 000	200 000	60 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 121 000	1 795 000	891 000	1 439 000
Expenditure	2 215 000	1 650 000	1 008 000	1 458 000
Operating Profit	−93 000	145 000	−116 000	−20 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	1 000
Earnings Before Tax	−93 000	146 000	−113 000	−18 000
Tax	−4 000	5 000	0	−2 000
Net Income	−89 000	140 000	−113 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	35 000	18 000	21 000
Total Current Assets	358 000	452 000	173 000	271 000
Total Assets	497 000	487 000	191 000	292 000
Total Retained Equity	81 000	170 000	30 000	143 000
Total Equity	111 000	200 000	60 000	173 000
Total Long-Term Debt	0	4 000	0	0
Total Current Debt	387 000	283 000	131 000	118 000
Total Equity and Debt	497 000	487 000	191 000	292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 121 000	1 795 000	875 000	1 439 000
Other Income	0	0	16 000	0
Revenue	2 121 000	1 795 000	891 000	1 439 000
Cost of Goods Sold	25 000	0	0	79 000
Salary Costs	1 665 000	1 239 000	558 000	992 000
Depreciation	11 000	5 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	2 215 000	1 650 000	1 008 000	1 458 000
Operating Profit	−93 000	145 000	−116 000	−20 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	1 000
Dividends	0	0	0	0
Net Income	−89 000	140 000	−113 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	35 000	18 000	21 000
Total Tangible Assets	139 000	35 000	18 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	35 000	18 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	438 000	171 000	259 000
Total Current Assets	358 000	452 000	173 000	271 000
Total Assets	497 000	487 000	191 000	292 000
Total Equity	111 000	200 000	60 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	0	0
Creditors	29 000	6 000	16 000	7 000
Unpaid Taxes	81 000	96 000	42 000	61 000
Dividends	0	0	0	0
Other Current Debt	276 000	179 000	72 000	50 000
Total Current Debt	387 000	283 000	131 000	118 000
Total Equity and Debt	497 000	487 000	191 000	292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80,18 %	70 %	−188,33 %	−9,25 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	−4,38 %	8,08 %	−13,02 %	−1,39 %
Current Ratio	0,93	1,6	1,32	2,3
Quick Ratio	0,93	1,6	1,32	2,3
Equity Ratio	0,22	0,41	0,31	0,59
Gross Profit Margin	98,82 %	100 %	100 %	94,51 %