SKOG OG VARME AS

4646 FINSLAND

Finances

Share Ownership

Return on Equity

21,12 %

Current Ratio

1,74

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 289 000	1 753 000	1 984 000
Net Income	83 000	186 000	35 000	34 000
Total Assets	2 377 000	1 938 000	1 401 000	1 298 000
Total Equity	393 000	309 000	123 000	−122 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 289 000	1 753 000	1 984 000
Expenditure	2 773 000	2 007 000	1 693 000	1 962 000
Operating Profit	125 000	283 000	61 000	69 000
Financial Income	17 000	2 000	11 000	1 000
Financial Costs	35 000	46 000	27 000	25 000
Financial Balance	−18 000	−44 000	−16 000	−24 000
Earnings Before Tax	107 000	239 000	45 000	44 000
Tax	24 000	53 000	10 000	10 000
Net Income	83 000	186 000	35 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	178 000	252 000	284 000
Total Current Assets	2 220 000	1 760 000	1 149 000	1 014 000
Total Assets	2 377 000	1 938 000	1 401 000	1 298 000
Total Retained Equity	83 000	−1 000	−187 000	−222 000
Total Equity	393 000	309 000	123 000	−122 000
Total Long-Term Debt	706 000	325 000	198 000	324 000
Total Current Debt	1 278 000	1 304 000	1 081 000	1 096 000
Total Equity and Debt	2 377 000	1 938 000	1 401 000	1 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 898 000	2 289 000	1 753 000	1 984 000
Other Income	0	0	0	0
Revenue	2 898 000	2 289 000	1 753 000	1 984 000
Cost of Goods Sold	2 114 000	1 495 000	1 345 000	1 504 000
Salary Costs	201 000	200 000	157 000	241 000
Depreciation	22 000	22 000	22 000	3 000
Impairment	0	0	0	0
Expenditure	2 773 000	2 007 000	1 693 000	1 962 000
Operating Profit	125 000	283 000	61 000	69 000
Financial Income	17 000	2 000	11 000	1 000
Financial Costs	35 000	46 000	27 000	25 000
Financial Balance	−18 000	−44 000	−16 000	−24 000
Dividends	0	0	0	0
Net Income	83 000	186 000	35 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	53 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	156 000	178 000	200 000	222 000
Fixtures	0	0	0	0
Total Tangible Assets	156 000	178 000	200 000	222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	178 000	252 000	284 000
Stock	1 881 000	1 498 000	1 048 000	614 000
Total Investments	0	0	0	0
Cash, Bank	237 000	134 000	43 000	28 000
Total Current Assets	2 220 000	1 760 000	1 149 000	1 014 000
Total Assets	2 377 000	1 938 000	1 401 000	1 298 000
Total Equity	393 000	309 000	123 000	−122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	706 000	325 000	198 000	324 000
Creditors	842 000	784 000	738 000	743 000
Unpaid Taxes	20 000	72 000	29 000	38 000
Dividends	0	0	0	0
Other Current Debt	407 000	448 000	314 000	314 000
Total Current Debt	1 278 000	1 304 000	1 081 000	1 096 000
Total Equity and Debt	2 377 000	1 938 000	1 401 000	1 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,12 %	60,19 %	28,46 %	−27,87 %
Debt-to-Equity Ratio	1,8	1,05	1,61	−2,66
Operating Profit Margin	4,31 %	12,36 %	3,48 %	3,48 %
Current Ratio	1,74	1,35	1,06	0,93
Quick Ratio	−3,68	−9,07	34,82	2,1
Equity Ratio	0,17	0,16	0,09	−0,09
Gross Profit Margin	27,05 %	34,69 %	23,27 %	24,19 %