LAND SAG OG HØVLERI AS

2879 ODNES

Finances

Return on Equity

28,98 %

Current Ratio

2,9

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 769 000	39 319 000	27 802 000	25 155 000
Net Income	3 050 000	5 377 000	950 000	390 000
Total Assets	21 850 000	20 007 000	11 933 000	13 153 000
Total Equity	10 523 000	7 596 000	3 588 000	2 777 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 769 000	39 319 000	27 802 000	25 155 000
Expenditure	49 585 000	33 124 000	25 491 000	25 752 000
Operating Profit	4 210 000	7 239 000	1 689 000	1 050 000
Financial Income	0	1 000	0	4 000
Financial Costs	300 000	346 000	471 000	554 000
Financial Balance	−300 000	−345 000	−471 000	−550 000
Earnings Before Tax	3 910 000	6 894 000	1 218 000	500 000
Tax	860 000	1 517 000	268 000	110 000
Net Income	3 050 000	5 377 000	950 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 049 000	4 936 000	4 517 000	5 286 000
Total Current Assets	17 801 000	15 072 000	7 415 000	7 867 000
Total Assets	21 850 000	20 007 000	11 933 000	13 153 000
Total Retained Equity	7 167 000	4 240 000	154 000	−656 000
Total Equity	10 523 000	7 596 000	3 588 000	2 777 000
Total Long-Term Debt	5 187 000	5 865 000	5 094 000	5 383 000
Total Current Debt	6 141 000	6 546 000	3 250 000	4 993 000
Total Equity and Debt	21 850 000	20 007 000	11 933 000	13 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 832 000	39 316 000	27 799 000	24 651 000
Other Income	937 000	3 000	3 000	504 000
Revenue	49 769 000	39 319 000	27 802 000	25 155 000
Cost of Goods Sold	22 905 000	16 450 000	13 406 000	14 530 000
Salary Costs	9 348 000	7 003 000	5 981 000	5 652 000
Depreciation	929 000	862 000	729 000	772 000
Impairment	0	0	0	0
Expenditure	49 585 000	33 124 000	25 491 000	25 752 000
Operating Profit	4 210 000	7 239 000	1 689 000	1 050 000
Financial Income	0	1 000	0	4 000
Financial Costs	300 000	346 000	471 000	554 000
Financial Balance	−300 000	−345 000	−471 000	−550 000
Dividends	123 000	246 000	140 000	0
Net Income	3 050 000	5 377 000	950 000	390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	190 000
Real Eastate	1 911 000	2 107 000	2 303 000	2 498 000
Machinery and Plant Facilities	1 896 000	2 552 000	2 065 000	2 565 000
Fixtures	242 000	277 000	149 000	33 000
Total Tangible Assets	4 049 000	4 936 000	4 517 000	5 096 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 049 000	4 936 000	4 517 000	5 286 000
Stock	10 588 000	6 561 000	5 517 000	6 139 000
Total Investments	0	0	0	0
Cash, Bank	5 441 000	6 013 000	652 000	186 000
Total Current Assets	17 801 000	15 072 000	7 415 000	7 867 000
Total Assets	21 850 000	20 007 000	11 933 000	13 153 000
Total Equity	10 523 000	7 596 000	3 588 000	2 777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 187 000	5 865 000	5 094 000	5 383 000
Creditors	2 642 000	3 194 000	1 416 000	1 633 000
Unpaid Taxes	786 000	928 000	826 000	406 000
Dividends	123 000	246 000	140 000	0
Other Current Debt	1 640 000	765 000	869 000	590 000
Total Current Debt	6 141 000	6 546 000	3 250 000	4 993 000
Total Equity and Debt	21 850 000	20 007 000	11 933 000	13 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,98 %	70,79 %	26,48 %	14,04 %
Debt-to-Equity Ratio	0,49	0,77	1,42	1,94
Operating Profit Margin	8,46 %	18,41 %	6,08 %	4,17 %
Current Ratio	2,9	2,3	2,28	1,58
Quick Ratio	−4	−1 004,8	−3,27	−6,86
Equity Ratio	0,48	0,38	0,3	0,21
Gross Profit Margin	53,98 %	58,16 %	51,78 %	42,24 %