MM SKOGSDRIFT AS

9322 KARLSTAD

Finances

Share Ownership

Return on Equity

−851,85 %

Current Ratio

0,62

Debt-to-Equity Ratio

9,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 592 000	2 956 000	3 329 000	3 222 000
Net Income	−230 000	25 000	193 000	−126 000
Total Assets	595 000	1 167 000	643 000	408 000
Total Equity	27 000	257 000	232 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 592 000	2 956 000	3 329 000	3 222 000
Expenditure	3 797 000	2 898 000	3 108 000	3 346 000
Operating Profit	−205 000	58 000	221 000	−124 000
Financial Income	0	0	0	0
Financial Costs	25 000	33 000	9 000	2 000
Financial Balance	−25 000	−33 000	−9 000	−2 000
Earnings Before Tax	−230 000	25 000	212 000	−126 000
Tax	0	0	19 000	0
Net Income	−230 000	25 000	193 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	403 000	524 000	67 000	101 000
Total Current Assets	192 000	643 000	576 000	307 000
Total Assets	595 000	1 167 000	643 000	408 000
Total Retained Equity	−3 000	227 000	202 000	9 000
Total Equity	27 000	257 000	232 000	39 000
Total Long-Term Debt	260 000	310 000	0	0
Total Current Debt	308 000	600 000	411 000	369 000
Total Equity and Debt	595 000	1 167 000	643 000	408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 338 000	2 779 000	3 017 000	3 222 000
Other Income	254 000	177 000	312 000	0
Revenue	3 592 000	2 956 000	3 329 000	3 222 000
Cost of Goods Sold	1 097 000	440 000	836 000	1 100 000
Salary Costs	855 000	1 115 000	1 145 000	1 237 000
Depreciation	72 000	61 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	3 797 000	2 898 000	3 108 000	3 346 000
Operating Profit	−205 000	58 000	221 000	−124 000
Financial Income	0	0	0	0
Financial Costs	25 000	33 000	9 000	2 000
Financial Balance	−25 000	−33 000	−9 000	−2 000
Dividends	0	0	0	0
Net Income	−230 000	25 000	193 000	−126 000

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	131 000	150 000	13 000	17 000
Fixtures	267 000	320 000	0	0
Total Tangible Assets	398 000	470 000	13 000	17 000
Total Fiancial Fixed Assets	4 000	54 000	54 000	84 000
Total Fixed Assets	403 000	524 000	67 000	101 000
Stock	0	264 000	0	2 000
Total Investments	0	0	0	0
Cash, Bank	20 000	203 000	471 000	77 000
Total Current Assets	192 000	643 000	576 000	307 000
Total Assets	595 000	1 167 000	643 000	408 000
Total Equity	27 000	257 000	232 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	260 000	310 000	0	0
Creditors	124 000	281 000	288 000	108 000
Unpaid Taxes	83 000	75 000	16 000	57 000
Dividends	0	0	0	0
Other Current Debt	101 000	244 000	87 000	204 000
Total Current Debt	308 000	600 000	411 000	369 000
Total Equity and Debt	595 000	1 167 000	643 000	408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−851,85 %	9,73 %	83,19 %	−323,08 %
Debt-to-Equity Ratio	9,63	1,21	0	0
Operating Profit Margin	−5,71 %	1,96 %	6,64 %	−3,85 %
Current Ratio	0,62	1,07	1,4	0,83
Quick Ratio	0,62	1,91	1,4	0,84
Equity Ratio	0,05	0,22	0,36	0,1
Gross Profit Margin	69,46 %	85,12 %	74,89 %	65,86 %