FINNSKOGEN VED AS

2283 ÅSNES FINNSKOG

Finances

Share Ownership

Return on Equity

5,24 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 867 000	27 338 000	10 386 000	10 005 000
Net Income	256 000	3 261 000	−48 000	165 000
Total Assets	11 363 000	9 899 000	9 229 000	8 072 000
Total Equity	4 886 000	4 630 000	1 869 000	1 916 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 867 000	27 338 000	10 386 000	10 005 000
Expenditure	39 096 000	18 741 000	11 739 000	13 375 000
Operating Profit	656 000	4 414 000	333 000	625 000
Financial Income	3 000	2 000	0	0
Financial Costs	331 000	235 000	394 000	415 000
Financial Balance	−328 000	−233 000	−394 000	−415 000
Earnings Before Tax	329 000	4 181 000	−61 000	211 000
Tax	73 000	920 000	−13 000	46 000
Net Income	256 000	3 261 000	−48 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 582 000	1 466 000	1 994 000	2 113 000
Total Current Assets	8 781 000	8 432 000	7 235 000	5 959 000
Total Assets	11 363 000	9 899 000	9 229 000	8 072 000
Total Retained Equity	3 586 000	3 330 000	569 000	616 000
Total Equity	4 886 000	4 630 000	1 869 000	1 916 000
Total Long-Term Debt	2 016 000	1 912 000	1 698 000	2 508 000
Total Current Debt	4 462 000	3 356 000	5 662 000	3 648 000
Total Equity and Debt	11 363 000	9 899 000	9 229 000	8 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 820 000	26 438 000	10 368 000	9 890 000
Other Income	48 000	900 000	18 000	114 000
Revenue	36 867 000	27 338 000	10 386 000	10 005 000
Cost of Goods Sold	25 667 000	8 527 000	4 191 000	5 082 000
Salary Costs	6 912 000	5 361 000	4 506 000	4 830 000
Depreciation	333 000	328 000	327 000	175 000
Impairment	0	0	0	0
Expenditure	39 096 000	18 741 000	11 739 000	13 375 000
Operating Profit	656 000	4 414 000	333 000	625 000
Financial Income	3 000	2 000	0	0
Financial Costs	331 000	235 000	394 000	415 000
Financial Balance	−328 000	−233 000	−394 000	−415 000
Dividends	0	100 000	0	0
Net Income	256 000	3 261 000	−48 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	715 000	674 000	720 000	767 000
Machinery and Plant Facilities	1 278 000	176 000	459 000	554 000
Fixtures	589 000	616 000	815 000	792 000
Total Tangible Assets	2 582 000	1 466 000	1 994 000	2 113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 582 000	1 466 000	1 994 000	2 113 000
Stock	6 830 000	2 555 000	6 738 000	5 053 000
Total Investments	0	0	0	0
Cash, Bank	1 203 000	4 947 000	167 000	82 000
Total Current Assets	8 781 000	8 432 000	7 235 000	5 959 000
Total Assets	11 363 000	9 899 000	9 229 000	8 072 000
Total Equity	4 886 000	4 630 000	1 869 000	1 916 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 016 000	1 912 000	1 698 000	2 508 000
Creditors	2 669 000	984 000	584 000	738 000
Unpaid Taxes	416 000	764 000	499 000	384 000
Dividends	0	100 000	0	0
Other Current Debt	1 348 000	621 000	1 652 000	1 887 000
Total Current Debt	4 462 000	3 356 000	5 662 000	3 648 000
Total Equity and Debt	11 363 000	9 899 000	9 229 000	8 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,24 %	70,43 %	−2,57 %	8,61 %
Debt-to-Equity Ratio	0,41	0,41	0,91	1,31
Operating Profit Margin	1,78 %	16,15 %	3,21 %	6,25 %
Current Ratio	1,97	2,51	1,28	1,63
Quick Ratio	−3,71	10,53	−6,72	−4,24
Equity Ratio	0,43	0,47	0,2	0,24
Gross Profit Margin	30,38 %	68,81 %	59,65 %	49,21 %