ANGVIK AABAK SKOG AS

6636 ANGVIK

Finances

Return on Equity

61,73 %

Current Ratio

1,37

Debt-to-Equity Ratio

−8,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	873 000	864 000	970 000	994 000
Net Income	−400 000	−406 000	−415 000	−261 000
Total Assets	5 013 000	5 283 000	5 326 000	5 368 000
Total Equity	−648 000	−248 000	158 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	873 000	864 000	970 000	994 000
Expenditure	1 107 000	1 163 000	1 336 000	1 210 000
Operating Profit	−234 000	−300 000	−366 000	−216 000
Financial Income	2 000	2 000	12 000	12 000
Financial Costs	168 000	154 000	137 000	130 000
Financial Balance	−166 000	−152 000	−125 000	−118 000
Earnings Before Tax	−400 000	−452 000	−491 000	−334 000
Tax	0	−46 000	−77 000	−73 000
Net Income	−400 000	−406 000	−415 000	−261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 765 000	5 094 000	5 148 000	5 216 000
Total Current Assets	248 000	188 000	179 000	151 000
Total Assets	5 013 000	5 283 000	5 326 000	5 368 000
Total Retained Equity	−3 148 000	−2 748 000	−2 342 000	−1 927 000
Total Equity	−648 000	−248 000	158 000	573 000
Total Long-Term Debt	5 479 000	5 343 000	4 905 000	4 574 000
Total Current Debt	181 000	188 000	264 000	221 000
Total Equity and Debt	5 013 000	5 283 000	5 326 000	5 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	873 000	144 000	138 000	136 000
Other Income	0	720 000	832 000	858 000
Revenue	873 000	864 000	970 000	994 000
Cost of Goods Sold	0	0	0	0
Salary Costs	794 000	848 000	688 000	650 000
Depreciation	50 000	53 000	79 000	87 000
Impairment	0	0	0	0
Expenditure	1 107 000	1 163 000	1 336 000	1 210 000
Operating Profit	−234 000	−300 000	−366 000	−216 000
Financial Income	2 000	2 000	12 000	12 000
Financial Costs	168 000	154 000	137 000	130 000
Financial Balance	−166 000	−152 000	−125 000	−118 000
Dividends	0	0	0	0
Net Income	−400 000	−406 000	−415 000	−261 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	625 000	639 000	653 000	685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	214 000	253 000	301 000
Total Tangible Assets	877 000	853 000	906 000	986 000
Total Fiancial Fixed Assets	3 888 000	4 241 000	4 241 000	4 231 000
Total Fixed Assets	4 765 000	5 094 000	5 148 000	5 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	143 000	110 000	94 000
Total Current Assets	248 000	188 000	179 000	151 000
Total Assets	5 013 000	5 283 000	5 326 000	5 368 000
Total Equity	−648 000	−248 000	158 000	573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 479 000	5 343 000	4 905 000	4 574 000
Creditors	49 000	35 000	81 000	62 000
Unpaid Taxes	73 000	65 000	110 000	53 000
Dividends	0	0	0	0
Other Current Debt	59 000	87 000	73 000	106 000
Total Current Debt	181 000	188 000	264 000	221 000
Total Equity and Debt	5 013 000	5 283 000	5 326 000	5 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,73 %	163,71 %	−262,66 %	−45,55 %
Debt-to-Equity Ratio	−8,46	−21,54	31,04	7,98
Operating Profit Margin	−26,8 %	−34,72 %	−37,73 %	−21,73 %
Current Ratio	1,37	1	0,68	0,68
Quick Ratio	1,37	1	0,68	0,68
Equity Ratio	−0,13	−0,05	0,03	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %