HELGE RUSTAD SKOGSDRIFT AS

2450 RENA

Finances

Return on Equity

−23,39 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 729 000	1 155 000	1 470 000	1 626 000
Net Income	346 000	−209 000	63 000	−471 000
Total Assets	681 000	272 000	330 000	900 000
Total Equity	−1 479 000	−1 825 000	−1 617 000	−1 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 729 000	1 155 000	1 470 000	1 626 000
Expenditure	1 380 000	1 300 000	1 345 000	2 058 000
Operating Profit	349 000	−144 000	124 000	−431 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	65 000	61 000	41 000
Financial Balance	−2 000	−65 000	−61 000	−39 000
Earnings Before Tax	346 000	−209 000	63 000	−471 000
Tax	0	0	0	0
Net Income	346 000	−209 000	63 000	−471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	38 000	48 000	58 000
Total Current Assets	653 000	234 000	281 000	842 000
Total Assets	681 000	272 000	330 000	900 000
Total Retained Equity	−6 891 000	−7 238 000	−7 029 000	−7 092 000
Total Equity	−1 479 000	−1 825 000	−1 617 000	−1 680 000
Total Long-Term Debt	847 000	1 013 000	611 000	1 341 000
Total Current Debt	1 313 000	1 085 000	1 336 000	1 239 000
Total Equity and Debt	681 000	272 000	330 000	900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 729 000	1 155 000	1 470 000	1 626 000
Other Income	0	0	0	0
Revenue	1 729 000	1 155 000	1 470 000	1 626 000
Cost of Goods Sold	81 000	43 000	37 000	42 000
Salary Costs	666 000	493 000	660 000	989 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	1 380 000	1 300 000	1 345 000	2 058 000
Operating Profit	349 000	−144 000	124 000	−431 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	65 000	61 000	41 000
Financial Balance	−2 000	−65 000	−61 000	−39 000
Dividends	0	0	0	0
Net Income	346 000	−209 000	63 000	−471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	15 000	25 000	35 000
Fixtures	0	0	0	0
Total Tangible Assets	5 000	15 000	25 000	35 000
Total Fiancial Fixed Assets	23 000	23 000	23 000	23 000
Total Fixed Assets	28 000	38 000	48 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	91 000	139 000	193 000
Total Current Assets	653 000	234 000	281 000	842 000
Total Assets	681 000	272 000	330 000	900 000
Total Equity	−1 479 000	−1 825 000	−1 617 000	−1 680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	847 000	1 013 000	611 000	1 341 000
Creditors	483 000	491 000	436 000	507 000
Unpaid Taxes	509 000	264 000	543 000	273 000
Dividends	0	0	0	0
Other Current Debt	321 000	331 000	356 000	458 000
Total Current Debt	1 313 000	1 085 000	1 336 000	1 239 000
Total Equity and Debt	681 000	272 000	330 000	900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,39 %	11,45 %	−3,9 %	28,04 %
Debt-to-Equity Ratio	−0,57	−0,56	−0,38	−0,8
Operating Profit Margin	20,19 %	−12,47 %	8,44 %	−26,51 %
Current Ratio	0,5	0,22	0,21	0,68
Quick Ratio	0,5	0,22	0,21	0,68
Equity Ratio	−2,17	−6,71	−4,9	−1,87
Gross Profit Margin	95,32 %	96,28 %	97,48 %	97,42 %