SKOGVEIEN AS

1654 SELLEBAKK

Finances

Share Ownership

Return on Equity

54,8 %

Current Ratio

0,03

Debt-to-Equity Ratio

−5,97

Key figures (NOK)	2022	2021	2020
Revenue	427 000	357 000	76 000
Net Income	−388 000	−217 000	−133 000
Total Assets	6 125 000	6 437 000	3 140 000
Total Equity	−708 000	−320 000	−103 000

Income (NOK)	2022	2021	2020
Revenue	427 000	357 000	76 000
Expenditure	601 000	427 000	190 000
Operating Profit	−174 000	−70 000	−114 000
Financial Income	0	0	0
Financial Costs	214 000	147 000	19 000
Financial Balance	−214 000	−147 000	−19 000
Earnings Before Tax	−388 000	−217 000	−133 000
Tax	0	0	0
Net Income	−388 000	−217 000	−133 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 053 000	6 053 000	3 029 000
Total Current Assets	72 000	385 000	111 000
Total Assets	6 125 000	6 437 000	3 140 000
Total Retained Equity	−738 000	−350 000	−133 000
Total Equity	−708 000	−320 000	−103 000
Total Long-Term Debt	4 230 000	4 287 000	1 975 000
Total Current Debt	2 603 000	2 470 000	1 269 000
Total Equity and Debt	6 125 000	6 437 000	3 140 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	427 000	357 000	76 000
Revenue	427 000	357 000	76 000
Cost of Goods Sold	395 000	231 000	11 000
Salary Costs	0	0	0
Depreciation	0	0	20 000
Impairment	0	0	0
Expenditure	601 000	427 000	190 000
Operating Profit	−174 000	−70 000	−114 000
Financial Income	0	0	0
Financial Costs	214 000	147 000	19 000
Financial Balance	−214 000	−147 000	−19 000
Dividends	0	0	0
Net Income	−388 000	−217 000	−133 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 053 000	6 053 000	3 029 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 053 000	6 053 000	3 029 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 053 000	6 053 000	3 029 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	54 000	385 000	111 000
Total Current Assets	72 000	385 000	111 000
Total Assets	6 125 000	6 437 000	3 140 000
Total Equity	−708 000	−320 000	−103 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 230 000	4 287 000	1 975 000
Creditors	4 000	0	−1 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	2 599 000	2 470 000	1 270 000
Total Current Debt	2 603 000	2 470 000	1 269 000
Total Equity and Debt	6 125 000	6 437 000	3 140 000

Financial indicators	2022	2021	2020
Return on Equity	54,8 %	67,81 %	129,13 %
Debt-to-Equity Ratio	−5,97	−13,4	−19,17
Operating Profit Margin	−40,75 %	−19,61 %	−150 %
Current Ratio	0,03	0,16	0,09
Quick Ratio	0,03	0,16	0,09
Equity Ratio	−0,12	−0,05	−0,03
Gross Profit Margin	7,49 %	35,29 %	85,53 %