SKOGSERVICE AS

3748 SILJAN

Finances

Share Ownership

Return on Equity

32,56 %

Current Ratio

2,84

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 877 000	55 846 000	54 859 000	69 718 000
Net Income	1 680 000	1 552 000	912 000	1 433 000
Total Assets	25 476 000	17 138 000	8 919 000	12 413 000
Total Equity	5 160 000	4 480 000	2 928 000	2 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 877 000	55 846 000	54 859 000	69 718 000
Expenditure	67 803 000	52 748 000	52 873 000	67 886 000
Operating Profit	2 075 000	3 098 000	1 986 000	1 833 000
Financial Income	788 000	130 000	161 000	−14 000
Financial Costs	709 000	1 046 000	1 235 000	386 000
Financial Balance	79 000	−916 000	−1 074 000	−400 000
Earnings Before Tax	2 154 000	2 182 000	912 000	1 433 000
Tax	474 000	172 000	0	0
Net Income	1 680 000	1 552 000	912 000	1 433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 298 000	2 342 000	1 944 000	2 188 000
Total Current Assets	23 178 000	14 796 000	6 975 000	10 224 000
Total Assets	25 476 000	17 138 000	8 919 000	12 413 000
Total Retained Equity	2 500 000	1 820 000	268 000	−644 000
Total Equity	5 160 000	4 480 000	2 928 000	2 016 000
Total Long-Term Debt	12 142 000	7 219 000	5 008 000	4 974 000
Total Current Debt	8 174 000	5 438 000	983 000	5 423 000
Total Equity and Debt	25 476 000	17 138 000	8 919 000	12 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 611 000	55 613 000	54 659 000	69 704 000
Other Income	266 000	232 000	200 000	14 000
Revenue	69 877 000	55 846 000	54 859 000	69 718 000
Cost of Goods Sold	58 261 000	45 225 000	46 477 000	60 579 000
Salary Costs	4 368 000	4 261 000	3 220 000	3 394 000
Depreciation	552 000	340 000	340 000	155 000
Impairment	0	0	0	0
Expenditure	67 803 000	52 748 000	52 873 000	67 886 000
Operating Profit	2 075 000	3 098 000	1 986 000	1 833 000
Financial Income	788 000	130 000	161 000	−14 000
Financial Costs	709 000	1 046 000	1 235 000	386 000
Financial Balance	79 000	−916 000	−1 074 000	−400 000
Dividends	1 000 000	0	0	0
Net Income	1 680 000	1 552 000	912 000	1 433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	244 000	270 000	296 000	62 000
Machinery and Plant Facilities	76 000	0	0	0
Fixtures	1 859 000	1 965 000	1 562 000	1 813 000
Total Tangible Assets	2 178 000	2 235 000	1 858 000	1 875 000
Total Fiancial Fixed Assets	120 000	107 000	86 000	314 000
Total Fixed Assets	2 298 000	2 342 000	1 944 000	2 188 000
Stock	17 441 000	9 316 000	3 450 000	5 714 000
Total Investments	0	0	0	0
Cash, Bank	2 642 000	3 127 000	1 327 000	2 507 000
Total Current Assets	23 178 000	14 796 000	6 975 000	10 224 000
Total Assets	25 476 000	17 138 000	8 919 000	12 413 000
Total Equity	5 160 000	4 480 000	2 928 000	2 016 000
Short-Term Group Debt	1 045 000	0	0	0
Total Long-Term Debt	12 142 000	7 219 000	5 008 000	4 974 000
Creditors	4 780 000	983 000	482 000	3 183 000
Unpaid Taxes	1 190 000	3 939 000	200 000	1 916 000
Dividends	1 000 000	0	0	0
Other Current Debt	712 000	413 000	301 000	273 000
Total Current Debt	8 174 000	5 438 000	983 000	5 423 000
Total Equity and Debt	25 476 000	17 138 000	8 919 000	12 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,56 %	34,64 %	31,15 %	71,08 %
Debt-to-Equity Ratio	2,35	1,61	1,71	2,47
Operating Profit Margin	2,97 %	5,55 %	3,62 %	2,63 %
Current Ratio	2,84	2,72	7,1	1,89
Quick Ratio	−2,5	−3,82	−2,83	−35,13
Equity Ratio	0,2	0,26	0,33	0,16
Gross Profit Margin	16,62 %	19,02 %	15,28 %	13,11 %