SOLGAARD SKOG INVEST AS

0260 OSLO

Finances

Share Ownership

Return on Equity

11,71 %

Current Ratio

7,08

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 580 000	6 217 000	6 169 000	6 070 000
Net Income	2 830 000	2 322 000	1 943 000	1 633 000
Total Assets	77 551 000	79 115 000	81 828 000	82 644 000
Total Equity	24 158 000	24 840 000	26 023 000	26 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 580 000	6 217 000	6 169 000	6 070 000
Expenditure	1 563 000	2 224 000	2 250 000	2 210 000
Operating Profit	5 017 000	3 994 000	3 919 000	3 860 000
Financial Income	18 000	0	5 000	5 000
Financial Costs	1 362 000	951 000	1 367 000	1 706 000
Financial Balance	−1 344 000	−951 000	−1 362 000	−1 701 000
Earnings Before Tax	3 673 000	3 043 000	2 557 000	2 160 000
Tax	843 000	721 000	614 000	527 000
Net Income	2 830 000	2 322 000	1 943 000	1 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 836 000	78 247 000	80 321 000	82 371 000
Total Current Assets	715 000	869 000	1 507 000	273 000
Total Assets	77 551 000	79 115 000	81 828 000	82 644 000
Total Retained Equity	791 000	1 473 000	2 656 000	3 528 000
Total Equity	24 158 000	24 840 000	26 023 000	26 895 000
Total Long-Term Debt	53 293 000	54 261 000	55 805 000	53 911 000
Total Current Debt	101 000	14 000	0	1 838 000
Total Equity and Debt	77 551 000	79 115 000	81 828 000	82 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 529 000	6 214 000	6 169 000	0
Other Income	52 000	4 000	0	6 070 000
Revenue	6 580 000	6 217 000	6 169 000	6 070 000
Cost of Goods Sold	52 000	4 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 410 000	2 074 000	2 050 000	2 050 000
Impairment	0	0	0	0
Expenditure	1 563 000	2 224 000	2 250 000	2 210 000
Operating Profit	5 017 000	3 994 000	3 919 000	3 860 000
Financial Income	18 000	0	5 000	5 000
Financial Costs	1 362 000	951 000	1 367 000	1 706 000
Financial Balance	−1 344 000	−951 000	−1 362 000	−1 701 000
Dividends	0	0	0	0
Net Income	2 830 000	2 322 000	1 943 000	1 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 643 000	6 802 000	7 037 000	7 271 000
Total Intangible Assets	6 643 000	6 802 000	7 037 000	7 271 000
Real Eastate	70 193 000	71 444 000	73 284 000	75 100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	70 193 000	71 444 000	73 284 000	75 100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 836 000	78 247 000	80 321 000	82 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	619 000	863 000	1 477 000	245 000
Total Current Assets	715 000	869 000	1 507 000	273 000
Total Assets	77 551 000	79 115 000	81 828 000	82 644 000
Total Equity	24 158 000	24 840 000	26 023 000	26 895 000
Short-Term Group Debt	0	0	0	1 039 000
Total Long-Term Debt	53 293 000	54 261 000	55 805 000	53 911 000
Creditors	101 000	14 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	259 000
Total Current Debt	101 000	14 000	0	1 838 000
Total Equity and Debt	77 551 000	79 115 000	81 828 000	82 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,71 %	9,35 %	7,47 %	6,07 %
Debt-to-Equity Ratio	2,21	2,18	2,14	2
Operating Profit Margin	76,25 %	64,24 %	63,53 %	63,59 %
Current Ratio	7,08	62,07	-	0,15
Quick Ratio	7,08	62,07	-	0,15
Equity Ratio	0,31	0,31	0,32	0,33
Gross Profit Margin	99,21 %	99,94 %	100 %	100 %