VEHUSHEIA SKOGSDRIFT AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

27,28 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 840 000	7 518 000	2 645 000	566 000
Net Income	866 000	2 063 000	501 000	72 000
Total Assets	7 309 000	9 693 000	3 577 000	590 000
Total Equity	3 174 000	2 307 000	1 944 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 840 000	7 518 000	2 645 000	566 000
Expenditure	5 571 000	4 742 000	1 966 000	468 000
Operating Profit	1 269 000	2 776 000	680 000	98 000
Financial Income	0	0	0	0
Financial Costs	159 000	131 000	38 000	7 000
Financial Balance	−159 000	−131 000	−38 000	−7 000
Earnings Before Tax	1 111 000	2 645 000	642 000	92 000
Tax	244 000	582 000	141 000	20 000
Net Income	866 000	2 063 000	501 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 552 000	6 526 000	1 807 000	204 000
Total Current Assets	2 757 000	3 167 000	1 770 000	385 000
Total Assets	7 309 000	9 693 000	3 577 000	590 000
Total Retained Equity	3 024 000	2 157 000	1 794 000	100 000
Total Equity	3 174 000	2 307 000	1 944 000	200 000
Total Long-Term Debt	3 147 000	4 692 000	1 286 000	85 000
Total Current Debt	989 000	2 695 000	347 000	304 000
Total Equity and Debt	7 309 000	9 693 000	3 577 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 305 000	5 394 000	2 587 000	566 000
Other Income	535 000	2 125 000	59 000	0
Revenue	6 840 000	7 518 000	2 645 000	566 000
Cost of Goods Sold	1 233 000	1 012 000	541 000	170 000
Salary Costs	842 000	794 000	132 000	11 000
Depreciation	1 604 000	1 453 000	254 000	58 000
Impairment	0	0	0	0
Expenditure	5 571 000	4 742 000	1 966 000	468 000
Operating Profit	1 269 000	2 776 000	680 000	98 000
Financial Income	0	0	0	0
Financial Costs	159 000	131 000	38 000	7 000
Financial Balance	−159 000	−131 000	−38 000	−7 000
Dividends	0	1 700 000	0	0
Net Income	866 000	2 063 000	501 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 552 000	6 526 000	1 807 000	190 000
Total Tangible Assets	4 552 000	6 526 000	1 807 000	190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 552 000	6 526 000	1 807 000	204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 731 000	1 903 000	1 415 000	278 000
Total Current Assets	2 757 000	3 167 000	1 770 000	385 000
Total Assets	7 309 000	9 693 000	3 577 000	590 000
Total Equity	3 174 000	2 307 000	1 944 000	200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 147 000	4 692 000	1 286 000	85 000
Creditors	110 000	281 000	153 000	99 000
Unpaid Taxes	442 000	411 000	82 000	0
Dividends	0	1 700 000	0	0
Other Current Debt	95 000	1 795 000	18 000	205 000
Total Current Debt	989 000	2 695 000	347 000	304 000
Total Equity and Debt	7 309 000	9 693 000	3 577 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,28 %	89,42 %	25,77 %	36 %
Debt-to-Equity Ratio	0,99	2,03	0,66	0,43
Operating Profit Margin	18,55 %	36,92 %	25,71 %	17,31 %
Current Ratio	2,79	1,18	5,1	1,27
Quick Ratio	2,79	1,18	5,1	1,27
Equity Ratio	0,43	0,24	0,54	0,34
Gross Profit Margin	81,97 %	86,54 %	79,55 %	69,96 %