LAND SKOGSSERVICE AS

2864 FALL

Finances

Share Ownership

Return on Equity

−7,2 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 379 000	2 106 000	1 651 000	1 818 000
Net Income	−48 000	337 000	−55 000	333 000
Total Assets	1 427 000	1 403 000	1 181 000	737 000
Total Equity	667 000	715 000	378 000	433 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 379 000	2 106 000	1 651 000	1 818 000
Expenditure	2 418 000	1 675 000	1 681 000	1 396 000
Operating Profit	−39 000	431 000	−29 000	422 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	24 000	25 000	23 000	5 000
Financial Balance	−19 000	−20 000	−18 000	0
Earnings Before Tax	−58 000	411 000	−47 000	422 000
Tax	−10 000	73 000	9 000	89 000
Net Income	−48 000	337 000	−55 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	543 000	508 000	451 000	182 000
Total Current Assets	884 000	896 000	730 000	555 000
Total Assets	1 427 000	1 403 000	1 181 000	737 000
Total Retained Equity	567 000	615 000	278 000	333 000
Total Equity	667 000	715 000	378 000	433 000
Total Long-Term Debt	139 000	202 000	193 000	0
Total Current Debt	622 000	486 000	610 000	312 000
Total Equity and Debt	1 427 000	1 403 000	1 181 000	745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 726 000	1 594 000	1 208 000	1 397 000
Other Income	653 000	512 000	443 000	420 000
Revenue	2 379 000	2 106 000	1 651 000	1 818 000
Cost of Goods Sold	1 285 000	767 000	840 000	540 000
Salary Costs	290 000	349 000	275 000	298 000
Depreciation	102 000	97 000	56 000	18 000
Impairment	0	0	0	0
Expenditure	2 418 000	1 675 000	1 681 000	1 396 000
Operating Profit	−39 000	431 000	−29 000	422 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	24 000	25 000	23 000	5 000
Financial Balance	−19 000	−20 000	−18 000	0
Dividends	0	0	0	0
Net Income	−48 000	337 000	−55 000	333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	108 000	122 000	136 000	0
Machinery and Plant Facilities	121 000	150 000	64 000	112 000
Fixtures	191 000	206 000	201 000	0
Total Tangible Assets	421 000	478 000	401 000	112 000
Total Fiancial Fixed Assets	122 000	30 000	50 000	70 000
Total Fixed Assets	543 000	508 000	451 000	182 000
Stock	594 000	652 000	435 000	433 000
Total Investments	0	0	0	0
Cash, Bank	3 000	29 000	124 000	236 000
Total Current Assets	884 000	896 000	730 000	555 000
Total Assets	1 427 000	1 403 000	1 181 000	737 000
Total Equity	667 000	715 000	378 000	433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 000	202 000	193 000	0
Creditors	465 000	188 000	502 000	37 000
Unpaid Taxes	33 000	39 000	44 000	115 000
Dividends	0	0	0	0
Other Current Debt	39 000	59 000	31 000	70 000
Total Current Debt	622 000	486 000	610 000	312 000
Total Equity and Debt	1 427 000	1 403 000	1 181 000	745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,2 %	47,13 %	−14,55 %	76,91 %
Debt-to-Equity Ratio	0,21	0,28	0,51	0
Operating Profit Margin	−1,64 %	20,47 %	−1,76 %	23,21 %
Current Ratio	1,42	1,84	1,2	1,78
Quick Ratio	31,57	−5,4	4,17	−4,59
Equity Ratio	0,47	0,51	0,32	0,59
Gross Profit Margin	45,99 %	63,58 %	49,12 %	70,3 %