LÅGEN SKOGSDRIFT AS

3277 STEINSHOLT

Finances

Share Ownership

Return on Equity

11,84 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 155 000	8 600 000	8 020 000	8 437 000
Net Income	269 000	388 000	827 000	290 000
Total Assets	4 413 000	3 712 000	4 900 000	4 946 000
Total Equity	2 272 000	2 003 000	1 615 000	2 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 155 000	8 600 000	8 020 000	8 437 000
Expenditure	9 818 000	7 982 000	6 959 000	8 049 000
Operating Profit	337 000	617 000	1 062 000	387 000
Financial Income	9 000	3 000	5 000	8 000
Financial Costs	1 000	96 000	7 000	23 000
Financial Balance	8 000	−93 000	−2 000	−15 000
Earnings Before Tax	345 000	524 000	1 060 000	371 000
Tax	76 000	136 000	233 000	82 000
Net Income	269 000	388 000	827 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	488 000	227 000	415 000	2 710 000
Total Current Assets	3 925 000	3 486 000	4 485 000	2 236 000
Total Assets	4 413 000	3 712 000	4 900 000	4 946 000
Total Retained Equity	2 172 000	1 903 000	1 515 000	2 689 000
Total Equity	2 272 000	2 003 000	1 615 000	2 789 000
Total Long-Term Debt	221 000	270 000	345 000	573 000
Total Current Debt	1 920 000	1 439 000	2 940 000	1 584 000
Total Equity and Debt	4 413 000	3 712 000	4 900 000	4 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 155 000	8 600 000	6 850 000	8 437 000
Other Income	0	0	1 170 000	0
Revenue	10 155 000	8 600 000	8 020 000	8 437 000
Cost of Goods Sold	4 757 000	3 975 000	3 072 000	4 118 000
Salary Costs	2 017 000	1 516 000	1 553 000	1 555 000
Depreciation	93 000	93 000	565 000	815 000
Impairment	0	0	0	0
Expenditure	9 818 000	7 982 000	6 959 000	8 049 000
Operating Profit	337 000	617 000	1 062 000	387 000
Financial Income	9 000	3 000	5 000	8 000
Financial Costs	1 000	96 000	7 000	23 000
Financial Balance	8 000	−93 000	−2 000	−15 000
Dividends	0	0	2 000 000	500 000
Net Income	269 000	388 000	827 000	290 000

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	0	0	0	0
Fixtures	488 000	227 000	320 000	2 615 000
Total Tangible Assets	488 000	227 000	320 000	2 615 000
Total Fiancial Fixed Assets	0	0	95 000	95 000
Total Fixed Assets	488 000	227 000	415 000	2 710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 222 000	3 045 000	4 007 000	1 950 000
Total Current Assets	3 925 000	3 486 000	4 485 000	2 236 000
Total Assets	4 413 000	3 712 000	4 900 000	4 946 000
Total Equity	2 272 000	2 003 000	1 615 000	2 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 000	270 000	345 000	573 000
Creditors	1 274 000	798 000	273 000	342 000
Unpaid Taxes	205 000	429 000	489 000	539 000
Dividends	0	0	2 000 000	500 000
Other Current Debt	317 000	0	9 000	17 000
Total Current Debt	1 920 000	1 439 000	2 940 000	1 584 000
Total Equity and Debt	4 413 000	3 712 000	4 900 000	4 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,84 %	19,37 %	51,21 %	10,4 %
Debt-to-Equity Ratio	0,1	0,13	0,21	0,21
Operating Profit Margin	3,32 %	7,17 %	13,24 %	4,59 %
Current Ratio	2,04	2,42	1,53	1,41
Quick Ratio	2,04	2,42	1,53	1,41
Equity Ratio	0,51	0,54	0,33	0,56
Gross Profit Margin	53,16 %	53,78 %	61,7 %	51,19 %