M. ELLINGSEN SKOGSDRIFT AS

9440 EVENSKJER

Finances

Share Ownership

Return on Equity

71,16 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 560 000	989 000	885 000	706 000
Net Income	412 000	25 000	46 000	201 000
Total Assets	1 112 000	471 000	497 000	353 000
Total Equity	579 000	166 000	142 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 560 000	989 000	885 000	706 000
Expenditure	1 022 000	953 000	826 000	501 000
Operating Profit	538 000	37 000	59 000	206 000
Financial Income	0	0	0	0
Financial Costs	10 000	6 000	0	2 000
Financial Balance	−10 000	−6 000	0	−2 000
Earnings Before Tax	528 000	32 000	59 000	204 000
Tax	116 000	7 000	13 000	3 000
Net Income	412 000	25 000	46 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	0	0	0
Total Current Assets	832 000	471 000	497 000	353 000
Total Assets	1 112 000	471 000	497 000	353 000
Total Retained Equity	558 000	145 000	121 000	75 000
Total Equity	579 000	166 000	142 000	96 000
Total Long-Term Debt	7 000	0	0	0
Total Current Debt	526 000	305 000	355 000	257 000
Total Equity and Debt	1 112 000	471 000	497 000	353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 560 000	989 000	885 000	706 000
Other Income	0	0	0	0
Revenue	1 560 000	989 000	885 000	706 000
Cost of Goods Sold	350 000	815 000	630 000	457 000
Salary Costs	305 000	0	0	0
Depreciation	30 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 022 000	953 000	826 000	501 000
Operating Profit	538 000	37 000	59 000	206 000
Financial Income	0	0	0	0
Financial Costs	10 000	6 000	0	2 000
Financial Balance	−10 000	−6 000	0	−2 000
Dividends	0	0	0	0
Net Income	412 000	25 000	46 000	201 000

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	280 000	0	0	0
Total Tangible Assets	280 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	280 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	496 000	164 000	176 000	333 000
Total Current Assets	832 000	471 000	497 000	353 000
Total Assets	1 112 000	471 000	497 000	353 000
Total Equity	579 000	166 000	142 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	0
Creditors	79 000	153 000	27 000	58 000
Unpaid Taxes	150 000	0	170 000	47 000
Dividends	0	0	0	0
Other Current Debt	188 000	145 000	145 000	149 000
Total Current Debt	526 000	305 000	355 000	257 000
Total Equity and Debt	1 112 000	471 000	497 000	353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,16 %	15,06 %	32,39 %	209,38 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	34,49 %	3,74 %	6,67 %	29,18 %
Current Ratio	1,58	1,54	1,4	1,37
Quick Ratio	1,58	1,54	1,4	1,37
Equity Ratio	0,52	0,35	0,29	0,27
Gross Profit Margin	77,56 %	17,59 %	28,81 %	35,27 %