SKOG ØST AS

2415 HERADSBYGD

Finances

Share Ownership

Return on Equity

−89,44 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	294 000	660 000	722 000	735 000
Net Income	−381 000	19 000	−9 000	−149 000
Total Assets	1 685 000	2 023 000	2 161 000	2 171 000
Total Equity	426 000	807 000	788 000	798 000

Income (NOK)	2022	2021	2020	2019
Revenue	294 000	660 000	722 000	735 000
Expenditure	793 000	645 000	749 000	944 000
Operating Profit	−499 000	15 000	−27 000	−209 000
Financial Income	11 000	10 000	15 000	19 000
Financial Costs	0	−1 000	0	1 000
Financial Balance	11 000	11 000	15 000	18 000
Earnings Before Tax	−488 000	26 000	−12 000	−191 000
Tax	−107 000	7 000	−3 000	−42 000
Net Income	−381 000	19 000	−9 000	−149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 159 000	1 000 000	509 000	423 000
Total Current Assets	526 000	1 022 000	1 652 000	1 748 000
Total Assets	1 685 000	2 023 000	2 161 000	2 171 000
Total Retained Equity	−1 174 000	−793 000	−812 000	−802 000
Total Equity	426 000	807 000	788 000	798 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 259 000	1 216 000	1 373 000	1 373 000
Total Equity and Debt	1 685 000	2 023 000	2 161 000	2 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	294 000	410 000	722 000	600 000
Other Income	0	250 000	0	135 000
Revenue	294 000	660 000	722 000	735 000
Cost of Goods Sold	37 000	7 000	13 000	156 000
Salary Costs	0	0	0	0
Depreciation	211 000	137 000	137 000	223 000
Impairment	0	0	0	0
Expenditure	793 000	645 000	749 000	944 000
Operating Profit	−499 000	15 000	−27 000	−209 000
Financial Income	11 000	10 000	15 000	19 000
Financial Costs	0	−1 000	0	1 000
Financial Balance	11 000	11 000	15 000	18 000
Dividends	0	0	0	0
Net Income	−381 000	19 000	−9 000	−149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	336 000	228 000	235 000	232 000
Real Eastate	0	2 000	9 000	16 000
Machinery and Plant Facilities	492 000	352 000	265 000	175 000
Fixtures	332 000	419 000	0	0
Total Tangible Assets	824 000	772 000	274 000	190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 159 000	1 000 000	509 000	423 000
Stock	20 000	21 000	11 000	0
Total Investments	0	0	0	0
Cash, Bank	363 000	872 000	1 559 000	1 581 000
Total Current Assets	526 000	1 022 000	1 652 000	1 748 000
Total Assets	1 685 000	2 023 000	2 161 000	2 171 000
Total Equity	426 000	807 000	788 000	798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	38 000	20 000	19 000
Unpaid Taxes	0	0	0	76 000
Dividends	0	0	0	0
Other Current Debt	1 245 000	1 178 000	1 353 000	1 278 000
Total Current Debt	1 259 000	1 216 000	1 373 000	1 373 000
Total Equity and Debt	1 685 000	2 023 000	2 161 000	2 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,44 %	2,35 %	−1,14 %	−18,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−169,73 %	2,27 %	−3,74 %	−28,44 %
Current Ratio	0,42	0,84	1,2	1,27
Quick Ratio	0,42	0,86	1,21	1,27
Equity Ratio	0,25	0,4	0,36	0,37
Gross Profit Margin	87,41 %	98,94 %	98,2 %	78,78 %