KOMATSU FOREST AS

2335 STANGE

Finances

Share Ownership

Return on Equity

33,5 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	228 835 000	194 454 000	242 545 000	321 351 000
Net Income	9 560 000	6 914 000	3 802 000	7 285 000
Total Assets	88 081 000	59 631 000	63 148 000	82 478 000
Total Equity	28 536 000	26 182 000	24 447 000	23 480 000

Income (NOK)	2023	2022	2021	2020
Revenue	228 835 000	194 454 000	242 545 000	321 351 000
Expenditure	216 842 000	185 482 000	237 637 000	313 081 000
Operating Profit	11 993 000	8 972 000	4 908 000	8 270 000
Financial Income	717 000	383 000	311 000	2 034 000
Financial Costs	441 000	463 000	477 000	959 000
Financial Balance	276 000	−80 000	−166 000	1 075 000
Earnings Before Tax	12 269 000	8 892 000	4 742 000	9 345 000
Tax	2 709 000	1 978 000	940 000	2 060 000
Net Income	9 560 000	6 914 000	3 802 000	7 285 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	2 405 000	1 224 000	3 500 000	36 169 000
Total Current Assets	85 676 000	58 407 000	59 648 000	46 309 000
Total Assets	88 081 000	59 631 000	63 148 000	82 478 000
Total Retained Equity	23 536 000	21 182 000	19 447 000	18 480 000
Total Equity	28 536 000	26 182 000	24 447 000	23 480 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 544 000	33 449 000	38 702 000	58 998 000
Total Equity and Debt	88 080 000	59 631 000	63 149 000	82 478 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	228 835 000	194 454 000	242 545 000	321 351 000
Other Income	0	0	0	0
Revenue	228 835 000	194 454 000	242 545 000	321 351 000
Cost of Goods Sold	183 518 000	156 597 000	208 481 000	280 445 000
Salary Costs	22 874 000	20 890 000	20 951 000	22 252 000
Depreciation	256 000	275 000	335 000	334 000
Impairment	0	0	0	0
Expenditure	216 842 000	185 482 000	237 637 000	313 081 000
Operating Profit	11 993 000	8 972 000	4 908 000	8 270 000
Financial Income	717 000	383 000	311 000	2 034 000
Financial Costs	441 000	463 000	477 000	959 000
Financial Balance	276 000	−80 000	−166 000	1 075 000
Dividends	7 205 000	5 180 000	2 835 000	5 456 000
Net Income	9 560 000	6 914 000	3 802 000	7 285 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 760 000	770 000	2 747 000	3 210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	4 000
Fixtures	636 000	449 000	662 000	1 039 000
Total Tangible Assets	636 000	449 000	662 000	1 043 000
Total Fiancial Fixed Assets	9 000	5 000	91 000	31 916 000
Total Fixed Assets	2 405 000	1 224 000	3 500 000	36 169 000
Stock	22 909 000	7 522 000	26 282 000	27 295 000
Total Investments	0	0	0	0
Cash, Bank	26 518 000	6 568 000	3 909 000	8 059 000
Total Current Assets	85 676 000	58 407 000	59 648 000	46 309 000
Total Assets	88 081 000	59 631 000	63 148 000	82 478 000
Total Equity	28 536 000	26 182 000	24 447 000	23 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 919 000	13 865 000	13 823 000	22 880 000
Unpaid Taxes	12 608 000	8 412 000	11 839 000	15 801 000
Dividends	7 205 000	5 180 000	2 835 000	5 456 000
Other Current Debt	7 405 000	5 992 000	7 562 000	9 361 000
Total Current Debt	59 544 000	33 449 000	38 702 000	58 998 000
Total Equity and Debt	88 080 000	59 631 000	63 149 000	82 478 000

Financial indicators	2023	2022	2021	2020
Return on Equity	33,5 %	26,41 %	15,55 %	31,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,24 %	4,61 %	2,02 %	2,57 %
Current Ratio	1,44	1,75	1,54	0,78
Quick Ratio	2,34	2,25	4,8	1,46
Equity Ratio	0,32	0,44	0,39	0,28
Gross Profit Margin	19,8 %	19,47 %	14,04 %	12,73 %