SKOGSSERVICE AS

1892 DEGERNES

Finances

Share Ownership

Return on Equity

18,44 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 858 000	5 828 000	4 208 000	3 550 000
Net Income	310 000	805 000	152 000	−451 000
Total Assets	2 490 000	2 614 000	1 351 000	1 220 000
Total Equity	1 681 000	1 370 000	766 000	614 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 858 000	5 828 000	4 208 000	3 550 000
Expenditure	5 454 000	4 790 000	4 002 000	3 980 000
Operating Profit	404 000	1 039 000	205 000	−431 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	7 000	11 000	17 000
Financial Balance	−6 000	−7 000	−11 000	−17 000
Earnings Before Tax	398 000	1 031 000	194 000	−447 000
Tax	88 000	227 000	43 000	4 000
Net Income	310 000	805 000	152 000	−451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	929 000	793 000	439 000	662 000
Total Current Assets	1 560 000	1 821 000	913 000	559 000
Total Assets	2 490 000	2 614 000	1 351 000	1 220 000
Total Retained Equity	1 602 000	1 292 000	687 000	536 000
Total Equity	1 681 000	1 370 000	766 000	614 000
Total Long-Term Debt	83 000	96 000	47 000	77 000
Total Current Debt	726 000	1 148 000	539 000	529 000
Total Equity and Debt	2 490 000	2 614 000	1 351 000	1 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 858 000	5 546 000	4 355 000	3 397 000
Other Income	0	282 000	−146 000	152 000
Revenue	5 858 000	5 828 000	4 208 000	3 550 000
Cost of Goods Sold	832 000	965 000	719 000	223 000
Salary Costs	1 114 000	999 000	1 409 000	1 617 000
Depreciation	39 000	35 000	41 000	53 000
Impairment	0	0	0	0
Expenditure	5 454 000	4 790 000	4 002 000	3 980 000
Operating Profit	404 000	1 039 000	205 000	−431 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	7 000	11 000	17 000
Financial Balance	−6 000	−7 000	−11 000	−17 000
Dividends	0	200 000	0	0
Net Income	310 000	805 000	152 000	−451 000

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	26 000	0	0	0
Fixtures	236 000	85 000	100 000	126 000
Total Tangible Assets	262 000	85 000	100 000	126 000
Total Fiancial Fixed Assets	667 000	708 000	338 000	536 000
Total Fixed Assets	929 000	793 000	439 000	662 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 008 000	1 313 000	579 000	346 000
Total Current Assets	1 560 000	1 821 000	913 000	559 000
Total Assets	2 490 000	2 614 000	1 351 000	1 220 000
Total Equity	1 681 000	1 370 000	766 000	614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 000	96 000	47 000	77 000
Creditors	226 000	379 000	259 000	204 000
Unpaid Taxes	253 000	239 000	169 000	175 000
Dividends	0	200 000	0	0
Other Current Debt	146 000	153 000	112 000	149 000
Total Current Debt	726 000	1 148 000	539 000	529 000
Total Equity and Debt	2 490 000	2 614 000	1 351 000	1 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,44 %	58,76 %	19,84 %	−73,45 %
Debt-to-Equity Ratio	0,05	0,07	0,06	0,13
Operating Profit Margin	6,9 %	17,83 %	4,87 %	−12,14 %
Current Ratio	2,15	1,59	1,69	1,06
Quick Ratio	2,15	1,59	1,69	1,06
Equity Ratio	0,68	0,52	0,57	0,5
Gross Profit Margin	85,8 %	83,44 %	82,91 %	93,72 %