SIGURDSEN SKOGKULTUR AS

2372 BRØTTUM

Finances

Share Ownership

Return on Equity

−3,07 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 782 000	2 516 000	3 932 000
Net Income	−13 000	−364 000	779 000
Total Assets	5 294 000	4 976 000	6 000 000
Total Equity	423 000	435 000	799 000

Income (NOK)	2022	2021	2020
Revenue	3 782 000	2 516 000	3 932 000
Expenditure	3 592 000	2 768 000	2 994 000
Operating Profit	190 000	−282 000	937 000
Financial Income	0	0	99 000
Financial Costs	206 000	184 000	38 000
Financial Balance	−206 000	−184 000	61 000
Earnings Before Tax	−16 000	−466 000	998 000
Tax	−4 000	−103 000	220 000
Net Income	−13 000	−364 000	779 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 605 000	4 428 000	5 004 000
Total Current Assets	689 000	548 000	996 000
Total Assets	5 294 000	4 976 000	6 000 000
Total Retained Equity	402 000	415 000	779 000
Total Equity	423 000	435 000	799 000
Total Long-Term Debt	3 383 000	3 671 000	4 519 000
Total Current Debt	1 488 000	870 000	682 000
Total Equity and Debt	5 294 000	4 976 000	6 000 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 652 000	2 516 000	3 080 000
Other Income	130 000	0	852 000
Revenue	3 782 000	2 516 000	3 932 000
Cost of Goods Sold	143 000	194 000	296 000
Salary Costs	1 004 000	777 000	557 000
Depreciation	659 000	576 000	924 000
Impairment	0	0	0
Expenditure	3 592 000	2 768 000	2 994 000
Operating Profit	190 000	−282 000	937 000
Financial Income	0	0	99 000
Financial Costs	206 000	184 000	38 000
Financial Balance	−206 000	−184 000	61 000
Dividends	0	0	0
Net Income	−13 000	−364 000	779 000

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	4 055 000	4 428 000	4 993 000
Fixtures	550 000	0	11 000
Total Tangible Assets	4 605 000	4 428 000	5 004 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 605 000	4 428 000	5 004 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	431 000	468 000	740 000
Total Current Assets	689 000	548 000	996 000
Total Assets	5 294 000	4 976 000	6 000 000
Total Equity	423 000	435 000	799 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 383 000	3 671 000	4 519 000
Creditors	177 000	137 000	199 000
Unpaid Taxes	88 000	125 000	192 000
Dividends	0	0	0
Other Current Debt	1 224 000	609 000	276 000
Total Current Debt	1 488 000	870 000	682 000
Total Equity and Debt	5 294 000	4 976 000	6 000 000

Financial indicators	2022	2021	2020
Return on Equity	−3,07 %	−83,68 %	97,5 %
Debt-to-Equity Ratio	8	8,44	5,66
Operating Profit Margin	5,02 %	−11,21 %	23,83 %
Current Ratio	0,46	0,63	1,46
Quick Ratio	0,46	0,63	1,46
Equity Ratio	0,08	0,09	0,13
Gross Profit Margin	96,22 %	92,29 %	92,47 %