SKOG & VIRKE ENTREPRENØR AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

28,52 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 775 000	1 228 000	996 000	1 233 000
Net Income	85 000	−91 000	0	280 000
Total Assets	758 000	315 000	390 000	425 000
Total Equity	298 000	213 000	304 000	304 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 775 000	1 228 000	996 000	1 233 000
Expenditure	2 690 000	1 320 000	996 000	874 000
Operating Profit	85 000	−91 000	0	359 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	85 000	−91 000	0	359 000
Tax	0	0	0	79 000
Net Income	85 000	−91 000	0	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	103 000	144 000	159 000
Total Current Assets	696 000	211 000	246 000	266 000
Total Assets	758 000	315 000	390 000	425 000
Total Retained Equity	274 000	188 000	279 000	280 000
Total Equity	298 000	213 000	304 000	304 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	460 000	102 000	87 000	121 000
Total Equity and Debt	758 000	315 000	390 000	425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 384 000	1 228 000	996 000	1 233 000
Other Income	391 000	0	0	0
Revenue	2 775 000	1 228 000	996 000	1 233 000
Cost of Goods Sold	1 699 000	615 000	480 000	355 000
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	4 000	0
Impairment	0	0	0	0
Expenditure	2 690 000	1 320 000	996 000	874 000
Operating Profit	85 000	−91 000	0	359 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	85 000	−91 000	0	280 000

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	11 000	16 000	21 000	0
Fixtures	0	0	0	0
Total Tangible Assets	11 000	16 000	21 000	0
Total Fiancial Fixed Assets	51 000	87 000	123 000	159 000
Total Fixed Assets	62 000	103 000	144 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	81 000	82 000	183 000
Total Current Assets	696 000	211 000	246 000	266 000
Total Assets	758 000	315 000	390 000	425 000
Total Equity	298 000	213 000	304 000	304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	376 000	42 000	39 000	42 000
Unpaid Taxes	84 000	0	47 000	0
Dividends	0	0	0	0
Other Current Debt	0	60 000	0	0
Total Current Debt	460 000	102 000	87 000	121 000
Total Equity and Debt	758 000	315 000	390 000	425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,52 %	−42,72 %	0 %	92,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,06 %	−7,41 %	0 %	29,12 %
Current Ratio	1,51	2,07	2,83	2,2
Quick Ratio	1,51	2,07	2,83	2,2
Equity Ratio	0,39	0,68	0,78	0,72
Gross Profit Margin	38,77 %	49,92 %	51,81 %	71,21 %