SERIGSTAD SKOG AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

38,71 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020
Revenue	1 425 000	1 271 000	1 197 000
Net Income	60 000	76 000	−2 000
Total Assets	480 000	450 000	325 000
Total Equity	155 000	96 000	20 000

Income (NOK)	2022	2021	2020
Revenue	1 425 000	1 271 000	1 197 000
Expenditure	1 343 000	1 171 000	1 197 000
Operating Profit	82 000	100 000	1 000
Financial Income	0	0	0
Financial Costs	5 000	5 000	3 000
Financial Balance	−5 000	−5 000	−3 000
Earnings Before Tax	78 000	94 000	−2 000
Tax	18 000	19 000	0
Net Income	60 000	76 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 000	69 000	89 000
Total Current Assets	432 000	381 000	236 000
Total Assets	480 000	450 000	325 000
Total Retained Equity	125 000	66 000	−10 000
Total Equity	155 000	96 000	20 000
Total Long-Term Debt	69 000	95 000	119 000
Total Current Debt	256 000	259 000	186 000
Total Equity and Debt	480 000	450 000	325 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 282 000	1 271 000	1 197 000
Other Income	143 000	0	0
Revenue	1 425 000	1 271 000	1 197 000
Cost of Goods Sold	78 000	38 000	79 000
Salary Costs	767 000	737 000	750 000
Depreciation	20 000	20 000	12 000
Impairment	0	0	0
Expenditure	1 343 000	1 171 000	1 197 000
Operating Profit	82 000	100 000	1 000
Financial Income	0	0	0
Financial Costs	5 000	5 000	3 000
Financial Balance	−5 000	−5 000	−3 000
Dividends	0	0	0
Net Income	60 000	76 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	49 000	69 000	89 000
Total Tangible Assets	49 000	69 000	89 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	49 000	69 000	89 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	300 000	180 000	115 000
Total Current Assets	432 000	381 000	236 000
Total Assets	480 000	450 000	325 000
Total Equity	155 000	96 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	69 000	95 000	119 000
Creditors	0	1 000	2 000
Unpaid Taxes	77 000	99 000	51 000
Dividends	0	0	0
Other Current Debt	160 000	141 000	133 000
Total Current Debt	256 000	259 000	186 000
Total Equity and Debt	480 000	450 000	325 000

Financial indicators	2022	2021	2020
Return on Equity	38,71 %	79,17 %	−10 %
Debt-to-Equity Ratio	0,45	0,99	5,95
Operating Profit Margin	5,75 %	7,87 %	0,08 %
Current Ratio	1,69	1,47	1,27
Quick Ratio	1,69	1,47	1,27
Equity Ratio	0,32	0,21	0,06
Gross Profit Margin	94,53 %	97,01 %	93,4 %