WANGEN SKOGSDRIFT AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

21,09 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 903 000	1 624 000	1 427 000	150 000
Net Income	85 000	52 000	227 000	13 000
Total Assets	852 000	966 000	1 892 000	1 806 000
Total Equity	403 000	317 000	265 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 903 000	1 624 000	1 427 000	150 000
Expenditure	1 790 000	1 541 000	1 064 000	120 000
Operating Profit	114 000	84 000	363 000	30 000
Financial Income	0	0	0	0
Financial Costs	4 000	17 000	72 000	14 000
Financial Balance	−4 000	−17 000	−72 000	−14 000
Earnings Before Tax	110 000	67 000	291 000	15 000
Tax	24 000	15 000	64 000	2 000
Net Income	85 000	52 000	227 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	463 000	596 000	1 518 000	1 692 000
Total Current Assets	389 000	370 000	374 000	114 000
Total Assets	852 000	966 000	1 892 000	1 806 000
Total Retained Equity	373 000	287 000	235 000	13 000
Total Equity	403 000	317 000	265 000	38 000
Total Long-Term Debt	58 000	183 000	1 316 000	1 959 000
Total Current Debt	391 000	466 000	311 000	−191 000
Total Equity and Debt	852 000	966 000	1 892 000	1 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 903 000	1 562 000	1 427 000	150 000
Other Income	0	62 000	0	0
Revenue	1 903 000	1 624 000	1 427 000	150 000
Cost of Goods Sold	119 000	72 000	20 000	9 000
Salary Costs	456 000	497 000	368 000	17 000
Depreciation	44 000	27 000	174 000	29 000
Impairment	0	0	0	0
Expenditure	1 790 000	1 541 000	1 064 000	120 000
Operating Profit	114 000	84 000	363 000	30 000
Financial Income	0	0	0	0
Financial Costs	4 000	17 000	72 000	14 000
Financial Balance	−4 000	−17 000	−72 000	−14 000
Dividends	0	0	0	0
Net Income	85 000	52 000	227 000	13 000

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	36 000	30 000	1 518 000	1 692 000
Fixtures	0	0	0	0
Total Tangible Assets	36 000	30 000	1 518 000	1 692 000
Total Fiancial Fixed Assets	427 000	565 000	0	0
Total Fixed Assets	463 000	596 000	1 518 000	1 692 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	267 000	193 000	323 000	54 000
Total Current Assets	389 000	370 000	374 000	114 000
Total Assets	852 000	966 000	1 892 000	1 806 000
Total Equity	403 000	317 000	265 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	183 000	1 316 000	1 959 000
Creditors	71 000	64 000	32 000	40 000
Unpaid Taxes	47 000	148 000	57 000	−417 000
Dividends	0	0	0	0
Other Current Debt	226 000	253 000	221 000	185 000
Total Current Debt	391 000	466 000	311 000	−191 000
Total Equity and Debt	852 000	966 000	1 892 000	1 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,09 %	16,4 %	85,66 %	34,21 %
Debt-to-Equity Ratio	0,14	0,58	4,97	51,55
Operating Profit Margin	5,99 %	5,17 %	25,44 %	20 %
Current Ratio	0,99	0,79	1,2	−0,6
Quick Ratio	0,99	0,79	1,2	−0,6
Equity Ratio	0,47	0,33	0,14	0,02
Gross Profit Margin	93,75 %	95,57 %	98,6 %	94 %