SKOGVEIEN 2 AS

4330 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−25,14 %

Current Ratio

0,03

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 000	0	722 000	712 000
Net Income	−537 000	−265 000	275 000	249 000
Total Assets	11 949 000	11 044 000	5 390 000	5 395 000
Total Equity	2 136 000	2 674 000	1 070 000	796 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 000	0	722 000	712 000
Expenditure	442 000	194 000	227 000	202 000
Operating Profit	−407 000	−194 000	495 000	510 000
Financial Income	0	0	0	0
Financial Costs	282 000	181 000	144 000	187 000
Financial Balance	−282 000	−181 000	−144 000	−187 000
Earnings Before Tax	−689 000	−375 000	351 000	323 000
Tax	−152 000	−109 000	77 000	74 000
Net Income	−537 000	−265 000	275 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 756 000	10 803 000	5 145 000	5 250 000
Total Current Assets	193 000	241 000	244 000	144 000
Total Assets	11 949 000	11 044 000	5 390 000	5 395 000
Total Retained Equity	238 000	775 000	1 040 000	766 000
Total Equity	2 136 000	2 674 000	1 070 000	796 000
Total Long-Term Debt	3 281 000	3 542 000	3 803 000	4 063 000
Total Current Debt	6 531 000	4 829 000	517 000	535 000
Total Equity and Debt	11 949 000	11 044 000	5 390 000	5 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	28 000	27 000
Other Income	36 000	0	694 000	684 000
Revenue	36 000	0	722 000	712 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	103 000	103 000	105 000	109 000
Impairment	0	0	0	0
Expenditure	442 000	194 000	227 000	202 000
Operating Profit	−407 000	−194 000	495 000	510 000
Financial Income	0	0	0	0
Financial Costs	282 000	181 000	144 000	187 000
Financial Balance	−282 000	−181 000	−144 000	−187 000
Dividends	0	0	0	0
Net Income	−537 000	−265 000	275 000	249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	261 000	109 000	0	0
Real Eastate	11 495 000	10 694 000	5 145 000	5 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 495 000	10 694 000	5 145 000	5 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 756 000	10 803 000	5 145 000	5 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	237 000	172 000	144 000
Total Current Assets	193 000	241 000	244 000	144 000
Total Assets	11 949 000	11 044 000	5 390 000	5 395 000
Total Equity	2 136 000	2 674 000	1 070 000	796 000
Short-Term Group Debt	6 402 000	4 554 000	0	0
Total Long-Term Debt	3 281 000	3 542 000	3 803 000	4 063 000
Creditors	118 000	267 000	0	0
Unpaid Taxes	0	0	22 000	23 000
Dividends	0	0	0	0
Other Current Debt	12 000	8 000	418 000	441 000
Total Current Debt	6 531 000	4 829 000	517 000	535 000
Total Equity and Debt	11 949 000	11 044 000	5 390 000	5 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,14 %	−9,91 %	25,7 %	31,28 %
Debt-to-Equity Ratio	1,54	1,32	3,55	5,1
Operating Profit Margin	−1 130,56 %	-	68,56 %	71,63 %
Current Ratio	0,03	0,05	0,47	0,27
Quick Ratio	0,03	0,05	0,47	0,27
Equity Ratio	0,18	0,24	0,2	0,15
Gross Profit Margin	100 %	-	100 %	100 %