ÅKB SKOGSTRAND AS

1615 FREDRIKSTAD

Finances

Return on Equity

−2,38 %

Current Ratio

622,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	464 000
Net Income	−345 000	14 811 000	3 595 000	305 000
Total Assets	14 548 000	22 075 000	9 179 000	7 602 000
Total Equity	14 525 000	14 870 000	7 259 000	7 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	464 000
Expenditure	23 000	771 000	25 000	183 000
Operating Profit	−23 000	−771 000	−25 000	281 000
Financial Income	617 000	15 622 000	3 747 000	65 000
Financial Costs	918 000	38 000	107 000	8 000
Financial Balance	−301 000	15 584 000	3 640 000	57 000
Earnings Before Tax	−323 000	14 813 000	3 616 000	338 000
Tax	21 000	2 000	20 000	33 000
Net Income	−345 000	14 811 000	3 595 000	305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	100 000	1 975 000	1 975 000
Total Current Assets	14 307 000	21 975 000	7 204 000	5 628 000
Total Assets	14 548 000	22 075 000	9 179 000	7 602 000
Total Retained Equity	12 561 000	12 906 000	5 295 000	5 600 000
Total Equity	14 525 000	14 870 000	7 259 000	7 564 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 000	7 205 000	1 920 000	39 000
Total Equity and Debt	14 548 000	22 075 000	9 179 000	7 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	464 000
Revenue	0	0	0	464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	771 000	25 000	183 000
Operating Profit	−23 000	−771 000	−25 000	281 000
Financial Income	617 000	15 622 000	3 747 000	65 000
Financial Costs	918 000	38 000	107 000	8 000
Financial Balance	−301 000	15 584 000	3 640 000	57 000
Dividends	0	7 200 000	3 900 000	0
Net Income	−345 000	14 811 000	3 595 000	305 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	241 000	100 000	1 975 000	1 975 000
Total Fixed Assets	241 000	100 000	1 975 000	1 975 000
Stock	0	0	0	0
Total Investments	8 483 000	5 640 000	4 946 000	72 000
Cash, Bank	5 807 000	16 335 000	327 000	5 531 000
Total Current Assets	14 307 000	21 975 000	7 204 000	5 628 000
Total Assets	14 548 000	22 075 000	9 179 000	7 602 000
Total Equity	14 525 000	14 870 000	7 259 000	7 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	7 200 000	3 900 000	0
Other Current Debt	2 000	3 000	0	0
Total Current Debt	23 000	7 205 000	1 920 000	39 000
Total Equity and Debt	14 548 000	22 075 000	9 179 000	7 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,38 %	99,6 %	49,52 %	4,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	60,56 %
Current Ratio	622,04	3,05	3,75	144,31
Quick Ratio	622,04	3,05	3,75	144,31
Equity Ratio	1	0,67	0,79	1
Gross Profit Margin	-	-	-	100 %