SVARSTAD SKOGRYDDING AS

8890 LEIRFJORD

Finances

Share Ownership

Return on Equity

−19,04 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 253 000	1 647 000	1 084 000	2 471 000
Net Income	−254 000	297 000	87 000	1 084 000
Total Assets	1 626 000	2 082 000	1 467 000	2 062 000
Total Equity	1 334 000	1 588 000	1 291 000	1 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 253 000	1 647 000	1 084 000	2 471 000
Expenditure	1 510 000	1 269 000	979 000	1 080 000
Operating Profit	−258 000	377 000	107 000	1 391 000
Financial Income	6 000	4 000	5 000	6 000
Financial Costs	0	1 000	1 000	2 000
Financial Balance	6 000	3 000	4 000	4 000
Earnings Before Tax	−253 000	380 000	111 000	1 394 000
Tax	1 000	84 000	24 000	311 000
Net Income	−254 000	297 000	87 000	1 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	653 000	126 000	151 000	136 000
Total Current Assets	972 000	1 955 000	1 316 000	1 926 000
Total Assets	1 626 000	2 082 000	1 467 000	2 062 000
Total Retained Equity	1 247 000	1 501 000	1 204 000	1 118 000
Total Equity	1 334 000	1 588 000	1 291 000	1 205 000
Total Long-Term Debt	0	2 000	5 000	4 000
Total Current Debt	292 000	492 000	171 000	854 000
Total Equity and Debt	1 626 000	2 082 000	1 467 000	2 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 253 000	1 647 000	1 084 000	2 471 000
Other Income	0	0	0	0
Revenue	1 253 000	1 647 000	1 084 000	2 471 000
Cost of Goods Sold	896 000	581 000	513 000	749 000
Salary Costs	120 000	281 000	152 000	24 000
Depreciation	42 000	41 000	34 000	31 000
Impairment	0	0	0	0
Expenditure	1 510 000	1 269 000	979 000	1 080 000
Operating Profit	−258 000	377 000	107 000	1 391 000
Financial Income	6 000	4 000	5 000	6 000
Financial Costs	0	1 000	1 000	2 000
Financial Balance	6 000	3 000	4 000	4 000
Dividends	0	0	0	490 000
Net Income	−254 000	297 000	87 000	1 084 000

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	41 000	52 000	45 000	0
Fixtures	613 000	75 000	105 000	136 000
Total Tangible Assets	653 000	126 000	151 000	136 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	653 000	126 000	151 000	136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	807 000	1 525 000	1 193 000	1 164 000
Total Current Assets	972 000	1 955 000	1 316 000	1 926 000
Total Assets	1 626 000	2 082 000	1 467 000	2 062 000
Total Equity	1 334 000	1 588 000	1 291 000	1 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	5 000	4 000
Creditors	89 000	89 000	−14 000	172 000
Unpaid Taxes	120 000	111 000	48 000	117 000
Dividends	0	0	0	490 000
Other Current Debt	83 000	112 000	20 000	8 000
Total Current Debt	292 000	492 000	171 000	854 000
Total Equity and Debt	1 626 000	2 082 000	1 467 000	2 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,04 %	18,7 %	6,74 %	89,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,59 %	22,89 %	9,87 %	56,29 %
Current Ratio	3,33	3,97	7,7	2,26
Quick Ratio	3,33	3,97	7,7	2,26
Equity Ratio	0,82	0,76	0,88	0,58
Gross Profit Margin	28,49 %	64,72 %	52,68 %	69,69 %