SOLGAARD SKOG 15-17 AS

0251 OSLO

Finances

Share Ownership

Return on Equity

10,3 %

Current Ratio

0,89

Debt-to-Equity Ratio

5,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 986 000	6 191 000	6 873 000	10 412 000
Net Income	877 000	−2 972 000	2 499 000	3 827 000
Total Assets	58 577 000	48 215 000	42 369 000	41 280 000
Total Equity	8 517 000	8 160 000	8 474 000	8 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 986 000	6 191 000	6 873 000	10 412 000
Expenditure	3 857 000	5 007 000	3 645 000	4 132 000
Operating Profit	3 129 000	1 185 000	3 228 000	6 280 000
Financial Income	1 000	0	0	22 000
Financial Costs	2 006 000	4 995 000	24 000	1 401 000
Financial Balance	−2 005 000	−4 995 000	−24 000	−1 379 000
Earnings Before Tax	1 125 000	−3 811 000	3 204 000	4 902 000
Tax	247 000	−838 000	705 000	1 075 000
Net Income	877 000	−2 972 000	2 499 000	3 827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 732 000	42 147 000	40 232 000	40 181 000
Total Current Assets	2 845 000	6 069 000	2 137 000	1 098 000
Total Assets	58 577 000	48 215 000	42 369 000	41 280 000
Total Retained Equity	5 720 000	5 364 000	8 336 000	8 011 000
Total Equity	8 517 000	8 160 000	8 474 000	8 149 000
Total Long-Term Debt	46 862 000	38 490 000	28 919 000	30 879 000
Total Current Debt	3 198 000	1 565 000	4 976 000	2 251 000
Total Equity and Debt	58 577 000	48 215 000	42 369 000	41 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 986 000	6 191 000	6 873 000	10 412 000
Revenue	6 986 000	6 191 000	6 873 000	10 412 000
Cost of Goods Sold	0	383 000	856 000	0
Salary Costs	0	0	0	0
Depreciation	2 127 000	1 940 000	1 906 000	1 874 000
Impairment	0	0	0	0
Expenditure	3 857 000	5 007 000	3 645 000	4 132 000
Operating Profit	3 129 000	1 185 000	3 228 000	6 280 000
Financial Income	1 000	0	0	22 000
Financial Costs	2 006 000	4 995 000	24 000	1 401 000
Financial Balance	−2 005 000	−4 995 000	−24 000	−1 379 000
Dividends	0	0	0	0
Net Income	877 000	−2 972 000	2 499 000	3 827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 205 000	39 724 000	38 766 000	40 164 000
Machinery and Plant Facilities	527 000	2 423 000	1 466 000	0
Fixtures	0	0	0	17 000
Total Tangible Assets	55 732 000	42 147 000	40 232 000	40 181 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	55 732 000	42 147 000	40 232 000	40 181 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 153 000	1 730 000	1 731 000	851 000
Total Current Assets	2 845 000	6 069 000	2 137 000	1 098 000
Total Assets	58 577 000	48 215 000	42 369 000	41 280 000
Total Equity	8 517 000	8 160 000	8 474 000	8 149 000
Short-Term Group Debt	0	0	2 788 000	583 000
Total Long-Term Debt	46 862 000	38 490 000	28 919 000	30 879 000
Creditors	2 598 000	717 000	1 407 000	160 000
Unpaid Taxes	0	0	9 000	28 000
Dividends	0	0	0	0
Other Current Debt	525 000	848 000	553 000	472 000
Total Current Debt	3 198 000	1 565 000	4 976 000	2 251 000
Total Equity and Debt	58 577 000	48 215 000	42 369 000	41 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,3 %	−36,42 %	29,49 %	46,96 %
Debt-to-Equity Ratio	5,5	4,72	3,41	3,79
Operating Profit Margin	44,79 %	19,14 %	46,97 %	60,32 %
Current Ratio	0,89	3,88	0,43	0,49
Quick Ratio	0,89	3,88	0,43	0,49
Equity Ratio	0,15	0,17	0,2	0,2
Gross Profit Margin	100 %	93,81 %	87,55 %	100 %