DAMMEN SKOGSERVICE AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

−1 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 268 000	4 889 000	4 420 000	4 091 000
Net Income	−34 000	412 000	463 000	492 000
Total Assets	7 229 000	7 978 000	7 021 000	4 702 000
Total Equity	3 384 000	3 418 000	3 156 000	2 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 268 000	4 889 000	4 420 000	4 091 000
Expenditure	5 171 000	4 210 000	3 752 000	3 383 000
Operating Profit	98 000	679 000	668 000	707 000
Financial Income	5 000	1 000	6 000	9 000
Financial Costs	146 000	151 000	80 000	86 000
Financial Balance	−141 000	−150 000	−74 000	−77 000
Earnings Before Tax	−44 000	528 000	594 000	630 000
Tax	−10 000	116 000	131 000	139 000
Net Income	−34 000	412 000	463 000	492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 382 000	5 630 000	4 811 000	2 593 000
Total Current Assets	1 847 000	2 348 000	2 210 000	2 110 000
Total Assets	7 229 000	7 978 000	7 021 000	4 702 000
Total Retained Equity	3 284 000	3 318 000	3 056 000	2 593 000
Total Equity	3 384 000	3 418 000	3 156 000	2 693 000
Total Long-Term Debt	3 199 000	3 761 000	3 367 000	1 156 000
Total Current Debt	645 000	799 000	498 000	854 000
Total Equity and Debt	7 229 000	7 978 000	7 021 000	4 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 653 000	4 459 000	4 195 000	4 091 000
Other Income	615 000	430 000	225 000	0
Revenue	5 268 000	4 889 000	4 420 000	4 091 000
Cost of Goods Sold	48 000	12 000	33 000	7 000
Salary Costs	2 067 000	1 679 000	1 575 000	1 490 000
Depreciation	1 504 000	1 345 000	801 000	678 000
Impairment	0	0	0	0
Expenditure	5 171 000	4 210 000	3 752 000	3 383 000
Operating Profit	98 000	679 000	668 000	707 000
Financial Income	5 000	1 000	6 000	9 000
Financial Costs	146 000	151 000	80 000	86 000
Financial Balance	−141 000	−150 000	−74 000	−77 000
Dividends	0	150 000	0	130 000
Net Income	−34 000	412 000	463 000	492 000

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	4 947 000	0	0	0
Fixtures	435 000	5 630 000	4 811 000	2 593 000
Total Tangible Assets	5 382 000	5 630 000	4 811 000	2 593 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 382 000	5 630 000	4 811 000	2 593 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 532 000	1 794 000	1 095 000	1 910 000
Total Current Assets	1 847 000	2 348 000	2 210 000	2 110 000
Total Assets	7 229 000	7 978 000	7 021 000	4 702 000
Total Equity	3 384 000	3 418 000	3 156 000	2 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 199 000	3 761 000	3 367 000	1 156 000
Creditors	98 000	63 000	151 000	108 000
Unpaid Taxes	330 000	343 000	145 000	208 000
Dividends	0	150 000	0	130 000
Other Current Debt	217 000	182 000	172 000	251 000
Total Current Debt	645 000	799 000	498 000	854 000
Total Equity and Debt	7 229 000	7 978 000	7 021 000	4 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 %	12,05 %	14,67 %	18,27 %
Debt-to-Equity Ratio	0,95	1,1	1,07	0,43
Operating Profit Margin	1,86 %	13,89 %	15,11 %	17,28 %
Current Ratio	2,86	2,94	4,44	2,47
Quick Ratio	2,86	2,94	4,44	2,47
Equity Ratio	0,47	0,43	0,45	0,57
Gross Profit Margin	99,09 %	99,75 %	99,25 %	99,83 %