SOLGAARD SKOG 2 AS

1599 MOSS

Finances

Share Ownership

Return on Equity

−2,07 %

Current Ratio

2,81

Debt-to-Equity Ratio

4,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 082 000	2 913 000	3 257 000	2 486 000
Net Income	−83 000	1 137 000	1 477 000	584 000
Total Assets	26 563 000	19 940 000	19 869 000	20 547 000
Total Equity	4 014 000	7 097 000	5 960 000	4 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 082 000	2 913 000	3 257 000	2 486 000
Expenditure	2 716 000	1 192 000	1 016 000	1 042 000
Operating Profit	367 000	1 721 000	2 242 000	1 445 000
Financial Income	0	0	0	0
Financial Costs	474 000	263 000	349 000	696 000
Financial Balance	−474 000	−263 000	−349 000	−696 000
Earnings Before Tax	−107 000	1 457 000	1 893 000	749 000
Tax	−24 000	321 000	417 000	165 000
Net Income	−83 000	1 137 000	1 477 000	584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 500 000	17 995 000	18 642 000	19 288 000
Total Current Assets	9 063 000	1 945 000	1 227 000	1 259 000
Total Assets	26 563 000	19 940 000	19 869 000	20 547 000
Total Retained Equity	1 933 000	5 017 000	3 880 000	2 403 000
Total Equity	4 014 000	7 097 000	5 960 000	4 484 000
Total Long-Term Debt	19 323 000	12 334 000	13 320 000	14 295 000
Total Current Debt	3 226 000	509 000	588 000	1 769 000
Total Equity and Debt	26 563 000	19 940 000	19 869 000	20 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 430 000	2 281 000	2 121 000	2 091 000
Other Income	652 000	631 000	1 136 000	395 000
Revenue	3 082 000	2 913 000	3 257 000	2 486 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	632 000	647 000	647 000	647 000
Impairment	0	0	0	0
Expenditure	2 716 000	1 192 000	1 016 000	1 042 000
Operating Profit	367 000	1 721 000	2 242 000	1 445 000
Financial Income	0	0	0	0
Financial Costs	474 000	263 000	349 000	696 000
Financial Balance	−474 000	−263 000	−349 000	−696 000
Dividends	3 000 000	0	0	0
Net Income	−83 000	1 137 000	1 477 000	584 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 500 000	17 995 000	18 642 000	19 288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 500 000	17 995 000	18 642 000	19 288 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 500 000	17 995 000	18 642 000	19 288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 800 000	1 930 000	1 129 000	1 213 000
Total Current Assets	9 063 000	1 945 000	1 227 000	1 259 000
Total Assets	26 563 000	19 940 000	19 869 000	20 547 000
Total Equity	4 014 000	7 097 000	5 960 000	4 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 323 000	12 334 000	13 320 000	14 295 000
Creditors	88 000	65 000	60 000	976 000
Unpaid Taxes	119 000	102 000	105 000	99 000
Dividends	3 000 000	0	0	0
Other Current Debt	19 000	36 000	33 000	568 000
Total Current Debt	3 226 000	509 000	588 000	1 769 000
Total Equity and Debt	26 563 000	19 940 000	19 869 000	20 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,07 %	16,02 %	24,78 %	13,02 %
Debt-to-Equity Ratio	4,81	1,74	2,23	3,19
Operating Profit Margin	11,91 %	59,08 %	68,84 %	58,13 %
Current Ratio	2,81	3,82	2,09	0,71
Quick Ratio	2,81	3,82	2,09	0,71
Equity Ratio	0,15	0,36	0,3	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %