HS SKOGSDRIFT AS

2415 HERADSBYGD

Finances

Share Ownership

Return on Equity

10,8 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 570 000	7 065 000	6 235 000	3 736 000
Net Income	160 000	716 000	512 000	18 000
Total Assets	2 680 000	2 802 000	2 140 000	519 000
Total Equity	1 481 000	1 321 000	605 000	48 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 570 000	7 065 000	6 235 000	3 736 000
Expenditure	7 375 000	6 156 000	5 581 000	3 714 000
Operating Profit	195 000	908 000	654 000	23 000
Financial Income	11 000	10 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	11 000	10 000	2 000	0
Earnings Before Tax	206 000	918 000	657 000	23 000
Tax	45 000	202 000	144 000	5 000
Net Income	160 000	716 000	512 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	753 000	1 208 000	0	0
Total Current Assets	1 927 000	1 594 000	2 140 000	519 000
Total Assets	2 680 000	2 802 000	2 140 000	519 000
Total Retained Equity	1 406 000	1 246 000	530 000	18 000
Total Equity	1 481 000	1 321 000	605 000	48 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 199 000	1 481 000	1 535 000	472 000
Total Equity and Debt	2 680 000	2 802 000	2 140 000	519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 436 000	7 065 000	6 377 000	3 594 000
Other Income	134 000	0	−142 000	142 000
Revenue	7 570 000	7 065 000	6 235 000	3 736 000
Cost of Goods Sold	78 000	7 000	0	4 000
Salary Costs	2 450 000	2 314 000	1 972 000	1 516 000
Depreciation	55 000	72 000	0	0
Impairment	0	0	0	0
Expenditure	7 375 000	6 156 000	5 581 000	3 714 000
Operating Profit	195 000	908 000	654 000	23 000
Financial Income	11 000	10 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	11 000	10 000	2 000	0
Dividends	0	0	0	0
Net Income	160 000	716 000	512 000	18 000

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	0	0	0	0
Fixtures	174 000	229 000	0	0
Total Tangible Assets	174 000	229 000	0	0
Total Fiancial Fixed Assets	579 000	979 000	0	0
Total Fixed Assets	753 000	1 208 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	618 000	1 255 000	66 000
Total Current Assets	1 927 000	1 594 000	2 140 000	519 000
Total Assets	2 680 000	2 802 000	2 140 000	519 000
Total Equity	1 481 000	1 321 000	605 000	48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	229 000	128 000	131 000	0
Unpaid Taxes	416 000	391 000	319 000	257 000
Dividends	0	0	0	0
Other Current Debt	509 000	760 000	941 000	210 000
Total Current Debt	1 199 000	1 481 000	1 535 000	472 000
Total Equity and Debt	2 680 000	2 802 000	2 140 000	519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,8 %	54,2 %	84,63 %	37,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,58 %	12,85 %	10,49 %	0,62 %
Current Ratio	1,61	1,08	1,39	1,1
Quick Ratio	1,61	1,08	1,39	1,1
Equity Ratio	0,55	0,47	0,28	0,09
Gross Profit Margin	98,97 %	99,9 %	100 %	99,89 %