FINNSKOG SKINN AS

2256 GRUE FINNSKOG

Finances

Share Ownership

Return on Equity

−4,82 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 000	623 000	718 000	627 000
Net Income	−20 000	−123 000	−30 000	−8 000
Total Assets	844 000	622 000	731 000	684 000
Total Equity	415 000	434 000	557 000	587 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 000	623 000	718 000	627 000
Expenditure	1 288 000	680 000	734 000	687 000
Operating Profit	−14 000	−132 000	−29 000	−2 000
Financial Income	4 000	17 000	3 000	2 000
Financial Costs	10 000	8 000	4 000	7 000
Financial Balance	−6 000	9 000	−1 000	−5 000
Earnings Before Tax	−20 000	−123 000	−30 000	−8 000
Tax	0	0	0	0
Net Income	−20 000	−123 000	−30 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	24 000	13 000	16 000
Total Current Assets	830 000	597 000	719 000	668 000
Total Assets	844 000	622 000	731 000	684 000
Total Retained Equity	−910 000	−891 000	−768 000	−738 000
Total Equity	415 000	434 000	557 000	587 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	430 000	187 000	174 000	97 000
Total Equity and Debt	844 000	622 000	731 000	684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 031 000	623 000	718 000	627 000
Other Income	40 000	0	0	0
Revenue	1 071 000	623 000	718 000	627 000
Cost of Goods Sold	968 000	470 000	516 000	456 000
Salary Costs	0	0	1 000	82 000
Depreciation	9 000	6 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	1 288 000	680 000	734 000	687 000
Operating Profit	−14 000	−132 000	−29 000	−2 000
Financial Income	4 000	17 000	3 000	2 000
Financial Costs	10 000	8 000	4 000	7 000
Financial Balance	−6 000	9 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	−20 000	−123 000	−30 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	24 000	13 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	24 000	13 000	16 000
Stock	751 000	548 000	623 000	636 000
Total Investments	0	0	0	0
Cash, Bank	37 000	33 000	9 000	23 000
Total Current Assets	830 000	597 000	719 000	668 000
Total Assets	844 000	622 000	731 000	684 000
Total Equity	415 000	434 000	557 000	587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	72 000	30 000	71 000	4 000
Unpaid Taxes	53 000	38 000	93 000	33 000
Dividends	0	0	0	0
Other Current Debt	305 000	119 000	11 000	60 000
Total Current Debt	430 000	187 000	174 000	97 000
Total Equity and Debt	844 000	622 000	731 000	684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,82 %	−28,34 %	−5,39 %	−1,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,31 %	−21,19 %	−4,04 %	−0,32 %
Current Ratio	1,93	3,19	4,13	6,89
Quick Ratio	−2,59	−1,65	−1,6	−1,24
Equity Ratio	0,49	0,7	0,76	0,86
Gross Profit Margin	9,62 %	24,56 %	28,13 %	27,27 %