SETSKOG TRELAST AS

1954 SETSKOG

Finances

Share Ownership

Return on Equity

52,28 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 777 000	6 849 000	4 986 000	3 442 000
Net Income	1 305 000	642 000	178 000	136 000
Total Assets	5 465 000	5 600 000	3 805 000	3 170 000
Total Equity	2 496 000	1 191 000	550 000	372 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 777 000	6 849 000	4 986 000	3 442 000
Expenditure	6 039 000	5 973 000	4 694 000	3 203 000
Operating Profit	1 737 000	876 000	291 000	240 000
Financial Income	2 000	2 000	5 000	7 000
Financial Costs	66 000	55 000	68 000	72 000
Financial Balance	−64 000	−53 000	−63 000	−65 000
Earnings Before Tax	1 672 000	823 000	228 000	174 000
Tax	368 000	181 000	50 000	38 000
Net Income	1 305 000	642 000	178 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	796 000	107 000	158 000	209 000
Total Current Assets	4 668 000	5 492 000	3 647 000	2 961 000
Total Assets	5 465 000	5 600 000	3 805 000	3 170 000
Total Retained Equity	2 396 000	1 091 000	450 000	272 000
Total Equity	2 496 000	1 191 000	550 000	372 000
Total Long-Term Debt	1 124 000	1 201 000	1 279 000	1 347 000
Total Current Debt	1 844 000	3 207 000	1 976 000	1 451 000
Total Equity and Debt	5 465 000	5 600 000	3 805 000	3 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 758 000	6 882 000	4 953 000	3 442 000
Other Income	19 000	−33 000	33 000	0
Revenue	7 777 000	6 849 000	4 986 000	3 442 000
Cost of Goods Sold	2 759 000	2 915 000	2 531 000	1 175 000
Salary Costs	1 729 000	1 875 000	1 262 000	1 074 000
Depreciation	127 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	6 039 000	5 973 000	4 694 000	3 203 000
Operating Profit	1 737 000	876 000	291 000	240 000
Financial Income	2 000	2 000	5 000	7 000
Financial Costs	66 000	55 000	68 000	72 000
Financial Balance	−64 000	−53 000	−63 000	−65 000
Dividends	0	0	0	0
Net Income	1 305 000	642 000	178 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	37 000	26 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	729 000	0	0	0
Fixtures	45 000	71 000	132 000	194 000
Total Tangible Assets	773 000	71 000	132 000	194 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	796 000	107 000	158 000	209 000
Stock	2 407 000	2 702 000	1 690 000	1 431 000
Total Investments	0	0	0	0
Cash, Bank	1 880 000	1 983 000	1 608 000	944 000
Total Current Assets	4 668 000	5 492 000	3 647 000	2 961 000
Total Assets	5 465 000	5 600 000	3 805 000	3 170 000
Total Equity	2 496 000	1 191 000	550 000	372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 124 000	1 201 000	1 279 000	1 347 000
Creditors	208 000	1 095 000	487 000	93 000
Unpaid Taxes	220 000	119 000	176 000	114 000
Dividends	0	0	0	0
Other Current Debt	1 064 000	1 801 000	1 251 000	1 188 000
Total Current Debt	1 844 000	3 207 000	1 976 000	1 451 000
Total Equity and Debt	5 465 000	5 600 000	3 805 000	3 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,28 %	53,9 %	32,36 %	36,56 %
Debt-to-Equity Ratio	0,45	1,01	2,33	3,62
Operating Profit Margin	22,34 %	12,79 %	5,84 %	6,97 %
Current Ratio	2,53	1,71	1,85	2,04
Quick Ratio	−8,29	10,88	12,75	148,05
Equity Ratio	0,46	0,21	0,14	0,12
Gross Profit Margin	64,52 %	57,44 %	49,24 %	65,86 %