SKOG II BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−49,32 %

Current Ratio

7,73

Debt-to-Equity Ratio

−6,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	488 000	412 000	384 000	384 000
Net Income	145 000	−322 000	96 000	86 000
Total Assets	1 753 000	1 759 000	1 583 000	1 573 000
Total Equity	−294 000	−439 000	−117 000	−213 000

Income (NOK)	2022	2021	2020	2019
Revenue	488 000	412 000	384 000	384 000
Expenditure	298 000	321 000	247 000	216 000
Operating Profit	190 000	−292 000	126 000	132 000
Financial Income	4 000	1 000	1 000	2 000
Financial Costs	49 000	30 000	31 000	47 000
Financial Balance	−45 000	−29 000	−30 000	−45 000
Earnings Before Tax	145 000	61 000	107 000	122 000
Tax	0	0	0	0
Net Income	145 000	−322 000	96 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 443 000	1 443 000	1 443 000	1 443 000
Total Current Assets	309 000	316 000	140 000	129 000
Total Assets	1 753 000	1 759 000	1 583 000	1 573 000
Total Retained Equity	−294 000	−439 000	−117 000	−213 000
Total Equity	−294 000	−439 000	−117 000	−213 000
Total Long-Term Debt	2 007 000	2 136 000	1 659 000	1 749 000
Total Current Debt	40 000	62 000	41 000	37 000
Total Equity and Debt	1 753 000	1 759 000	1 583 000	1 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	488 000	412 000	384 000	384 000
Revenue	488 000	412 000	384 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	9 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	298 000	321 000	247 000	216 000
Operating Profit	190 000	−292 000	126 000	132 000
Financial Income	4 000	1 000	1 000	2 000
Financial Costs	49 000	30 000	31 000	47 000
Financial Balance	−45 000	−29 000	−30 000	−45 000
Dividends	0	0	0	0
Net Income	145 000	−322 000	96 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 443 000	1 443 000	1 443 000	1 443 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 443 000	1 443 000	1 443 000	1 443 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 443 000	1 443 000	1 443 000	1 443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	256 000	102 000	93 000
Total Current Assets	309 000	316 000	140 000	129 000
Total Assets	1 753 000	1 759 000	1 583 000	1 573 000
Total Equity	−294 000	−439 000	−117 000	−213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 007 000	2 136 000	1 659 000	1 749 000
Creditors	35 000	62 000	37 000	37 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	0	4 000	0
Total Current Debt	40 000	62 000	41 000	37 000
Total Equity and Debt	1 753 000	1 759 000	1 583 000	1 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,32 %	73,35 %	−82,05 %	−40,38 %
Debt-to-Equity Ratio	−6,83	−4,87	−14,18	−8,21
Operating Profit Margin	38,93 %	−70,87 %	32,81 %	34,38 %
Current Ratio	7,73	5,1	3,41	3,49
Quick Ratio	7,73	5,1	3,41	3,49
Equity Ratio	−0,17	−0,25	−0,07	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %