SETSKOG EIENDOM AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

15,94 %

Current Ratio

0,53

Debt-to-Equity Ratio

−3,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	981 000	881 000	877 000	747 000
Net Income	−778 000	−772 000	−553 000	−489 000
Total Assets	15 018 000	15 380 000	15 585 000	16 063 000
Total Equity	−4 881 000	−4 103 000	−3 330 000	−2 777 000

Income (NOK)	2022	2021	2020	2019
Revenue	981 000	881 000	877 000	747 000
Expenditure	1 438 000	1 360 000	1 289 000	1 210 000
Operating Profit	−457 000	−480 000	−412 000	−464 000
Financial Income	10 000	5 000	18 000	6 000
Financial Costs	331 000	298 000	160 000	81 000
Financial Balance	−321 000	−293 000	−142 000	−75 000
Earnings Before Tax	−778 000	−772 000	−553 000	−539 000
Tax	0	0	0	−50 000
Net Income	−778 000	−772 000	−553 000	−489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 702 000	15 100 000	15 162 000	15 568 000
Total Current Assets	316 000	280 000	424 000	495 000
Total Assets	15 018 000	15 380 000	15 585 000	16 063 000
Total Retained Equity	−5 081 000	−4 303 000	−3 530 000	−2 977 000
Total Equity	−4 881 000	−4 103 000	−3 330 000	−2 777 000
Total Long-Term Debt	19 300 000	19 172 000	18 743 000	18 700 000
Total Current Debt	598 000	311 000	172 000	140 000
Total Equity and Debt	15 018 000	15 380 000	15 585 000	16 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 000	51 000	24 000	38 000
Other Income	834 000	830 000	853 000	709 000
Revenue	981 000	881 000	877 000	747 000
Cost of Goods Sold	20 000	13 000	9 000	9 000
Salary Costs	0	0	0	0
Depreciation	399 000	406 000	406 000	426 000
Impairment	0	0	0	0
Expenditure	1 438 000	1 360 000	1 289 000	1 210 000
Operating Profit	−457 000	−480 000	−412 000	−464 000
Financial Income	10 000	5 000	18 000	6 000
Financial Costs	331 000	298 000	160 000	81 000
Financial Balance	−321 000	−293 000	−142 000	−75 000
Dividends	0	0	0	0
Net Income	−778 000	−772 000	−553 000	−489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 702 000	15 100 000	15 162 000	15 568 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 702 000	15 100 000	15 162 000	15 568 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 702 000	15 100 000	15 162 000	15 568 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	203 000	340 000	170 000
Total Current Assets	316 000	280 000	424 000	495 000
Total Assets	15 018 000	15 380 000	15 585 000	16 063 000
Total Equity	−4 881 000	−4 103 000	−3 330 000	−2 777 000
Short-Term Group Debt	300 000	0	0	0
Total Long-Term Debt	19 300 000	19 172 000	18 743 000	18 700 000
Creditors	114 000	175 000	113 000	136 000
Unpaid Taxes	6 000	5 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	178 000	132 000	56 000	3 000
Total Current Debt	598 000	311 000	172 000	140 000
Total Equity and Debt	15 018 000	15 380 000	15 585 000	16 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,94 %	18,82 %	16,61 %	17,61 %
Debt-to-Equity Ratio	−3,95	−4,67	−5,63	−6,73
Operating Profit Margin	−46,59 %	−54,48 %	−46,98 %	−62,12 %
Current Ratio	0,53	0,9	2,47	3,54
Quick Ratio	0,53	0,9	2,47	3,54
Equity Ratio	−0,33	−0,27	−0,21	−0,17
Gross Profit Margin	97,96 %	98,52 %	98,97 %	98,8 %