ØSTFOLD SKOGSDRIFT AS

1788 HALDEN

Finances

Share Ownership

Return on Equity

31,15 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 426 000	2 681 000	1 504 000	3 809 000
Net Income	419 000	120 000	210 000	565 000
Total Assets	3 604 000	1 404 000	1 245 000	790 000
Total Equity	1 345 000	925 000	806 000	595 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 426 000	2 681 000	1 504 000	3 809 000
Expenditure	2 883 000	2 528 000	1 227 000	3 076 000
Operating Profit	543 000	154 000	277 000	732 000
Financial Income	6 000	0	7 000	0
Financial Costs	12 000	1 000	15 000	5 000
Financial Balance	−6 000	−1 000	−8 000	−5 000
Earnings Before Tax	538 000	153 000	270 000	728 000
Tax	118 000	34 000	59 000	163 000
Net Income	419 000	120 000	210 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 765 000	608 000	628 000	110 000
Total Current Assets	1 839 000	796 000	617 000	680 000
Total Assets	3 604 000	1 404 000	1 245 000	790 000
Total Retained Equity	1 315 000	895 000	776 000	565 000
Total Equity	1 345 000	925 000	806 000	595 000
Total Long-Term Debt	−638 000	13 000	291 000	5 000
Total Current Debt	2 898 000	466 000	148 000	190 000
Total Equity and Debt	3 604 000	1 404 000	1 245 000	790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 025 000	2 681 000	1 504 000	3 784 000
Other Income	401 000	0	0	25 000
Revenue	3 426 000	2 681 000	1 504 000	3 809 000
Cost of Goods Sold	1 331 000	1 396 000	656 000	1 278 000
Salary Costs	4 000	0	0	0
Depreciation	83 000	140 000	82 000	1 000
Impairment	0	0	0	0
Expenditure	2 883 000	2 528 000	1 227 000	3 076 000
Operating Profit	543 000	154 000	277 000	732 000
Financial Income	6 000	0	7 000	0
Financial Costs	12 000	1 000	15 000	5 000
Financial Balance	−6 000	−1 000	−8 000	−5 000
Dividends	0	0	0	0
Net Income	419 000	120 000	210 000	565 000

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	1 765 000	608 000	628 000	110 000
Fixtures	0	0	0	0
Total Tangible Assets	1 765 000	608 000	628 000	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 765 000	608 000	628 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 604 000	613 000	295 000	622 000
Total Current Assets	1 839 000	796 000	617 000	680 000
Total Assets	3 604 000	1 404 000	1 245 000	790 000
Total Equity	1 345 000	925 000	806 000	595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−638 000	13 000	291 000	5 000
Creditors	2 767 000	414 000	50 000	72 000
Unpaid Taxes	74 000	17 000	51 000	17 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 898 000	466 000	148 000	190 000
Total Equity and Debt	3 604 000	1 404 000	1 245 000	790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,15 %	12,97 %	26,05 %	94,96 %
Debt-to-Equity Ratio	−0,47	0,01	0,36	0,01
Operating Profit Margin	15,85 %	5,74 %	18,42 %	19,22 %
Current Ratio	0,63	1,71	4,17	3,58
Quick Ratio	0,63	1,71	4,17	3,58
Equity Ratio	0,37	0,66	0,65	0,75
Gross Profit Margin	61,15 %	47,93 %	56,38 %	66,45 %