Solid Selskap AS
ASDissolvedOrg 925200778Ullevålsveien 69A, 0454 OsloRestaurant activities· NACE 5611Est. 2020 · 6 years old0 employees
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Overview
Solid Selskap AS is a Norwegian AS based in Oslo, operating in the Restaurant activities sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
Revenue 2022
0K NOK
EBITDA margin
—
Net profit 2022
-18.3K NOK
-101% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
33.5 %
StrongAmong the 40% highest rated companies in the industry
20202022
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
WeakAmong the 40% lowest rated companies in the industry
20202022
Return on assets (ROA)Net profit ÷ Total assets × 100
-43.4 %
Very weakAmong the 20% lowest rated companies in the industry
20202022
EBITDA — year on year
NOK thousandsKey figures
Annual report 2022| Revenue | 0K NOK | — |
| EBITDA | -18.3K NOK | +26% |
| Net profit | -18.3K NOK | -101% |
| Total assets | 42.1K NOK | -98% |
| Equity | 14.1K NOK | -56% |
| Employees | 0 | — |
Company information
Legal name
SOLID SELSKAP AS
Org number
925200778
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
1 June 2020 · 6 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Servering av næringsmidler, samt bestyrelse og besittelse av fast eiendom og deltagelse i andre selskaper, samt alt hva hermed står i forbindelse.
(no translation available)
Address
Ullevålsveien 69A, 0454 Oslo
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Financial development
In its most recent annual report (2022), Solid Selskap AS reported revenue of NOK 0. The figures on this page draw on 3 annual filings covering 2020 to 2022. The bottom line showed a net loss of NOK 18.3k.
At the end of 2022, equity financed 33.5% of the balance sheet, and current assets covered short-term debt 0.7 times.
Financials
Revenue
NOKEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2022 | 2021 | 2020 |
|---|---|---|---|
| Revenue | 0 | 0 | 0 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | -18 | -25 | 0 |
| Depreciation & amort. | -0 | -0 | -0 |
| EBIT | -18 | -25 | 0 |
| Net financials | 0 | 2,454 | 0 |
| Profit before tax | -18 | 2,429 | 0 |
| Tax | -0 | -0 | -0 |
| Net profit | -18 | 2,429 | 0 |
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Balance sheet
NOK thousands| Item | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total assets | 42 | 2,471 | 39 |
| Equity | 14 | 32 | 23 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 28 | 2,438 | 16 |
| Total debt | 28 | 2,438 | 16 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20202022
Equity ratio
33.5 %
StrongAmong the 40% highest rated companies in the industry
20202022
Return on equity
-129.6 %
Very weakAmong the 10% lowest rated companies in the industry
20202022
Net profit margin
<−999 %
20202022
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20202022
Debt / equity
1.99×
AverageAround the average of companies in the same industry
20202022
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery weak
Among the 10% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityAverage
Around the average of companies in the same industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 30% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 40% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery strong
Among the 20% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
RS Board of Directors | Board of Directors | 2020 |
AO Chairman | Chairman | 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 50% | 50% | 2020 | |
| Company | 50% | 50% | 2020 |
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Company hierarchy
Ilja Pilja As
Solid Selskap AS Board network connections
Board members of Solid Selskap AS also hold positions in 73 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arnt Olaf Andersen | Chairman | 40 companiesMany roles |
| Runar Skjerven Eggesvik | Board of Directors | 33 companiesMany roles |
Frequently asked questions
What is the Org number of Solid Selskap AS?
Solid Selskap AS is registered with Brønnøysundsregistrene under Org 925200778.
Who is the chairman of Solid Selskap AS?
Arnt Olaf Andersen chairs the board of Solid Selskap AS.
Where is Solid Selskap AS headquartered?
Solid Selskap AS's registered address is Ullevålsveien 69A.