LØVENSKIOLD-FOSSUM SKOG ANS

3721 SKIEN

Finances

Return on Equity

38,24 %

Current Ratio

0,72

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 423 000	30 885 000	27 665 000	31 972 000
Net Income	3 039 000	2 899 000	5 168 000	4 150 000
Total Assets	37 022 000	37 785 000	46 217 000	42 098 000
Total Equity	7 947 000	9 752 000	11 139 000	7 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 423 000	30 885 000	27 665 000	31 972 000
Expenditure	30 948 000	28 153 000	22 219 000	26 334 000
Operating Profit	3 477 000	2 732 000	5 446 000	5 637 000
Financial Income	27 000	375 000	261 000	189 000
Financial Costs	465 000	207 000	539 000	1 676 000
Financial Balance	−438 000	168 000	−278 000	−1 487 000
Earnings Before Tax	3 039 000	2 899 000	5 168 000	4 150 000
Tax	0	0	0	0
Net Income	3 039 000	2 899 000	5 168 000	4 150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 960 000	31 085 000	39 034 000	36 909 000
Total Current Assets	6 062 000	6 700 000	7 183 000	5 189 000
Total Assets	37 022 000	37 785 000	46 217 000	42 098 000
Total Retained Equity	7 947 000	9 752 000	11 139 000	7 369 000
Total Equity	7 947 000	9 752 000	11 139 000	7 369 000
Total Long-Term Debt	20 633 000	20 709 000	25 554 000	25 591 000
Total Current Debt	8 441 000	7 324 000	9 524 000	9 137 000
Total Equity and Debt	37 022 000	37 785 000	46 217 000	42 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 147 000	30 660 000	26 858 000	31 962 000
Other Income	276 000	225 000	807 000	10 000
Revenue	34 423 000	30 885 000	27 665 000	31 972 000
Cost of Goods Sold	64 000	197 000	41 000	337 000
Salary Costs	3 691 000	4 286 000	3 613 000	4 268 000
Depreciation	793 000	600 000	614 000	631 000
Impairment	0	0	0	0
Expenditure	30 948 000	28 153 000	22 219 000	26 334 000
Operating Profit	3 477 000	2 732 000	5 446 000	5 637 000
Financial Income	27 000	375 000	261 000	189 000
Financial Costs	465 000	207 000	539 000	1 676 000
Financial Balance	−438 000	168 000	−278 000	−1 487 000
Dividends	0	0	0	0
Net Income	3 039 000	2 899 000	5 168 000	4 150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 467 000	19 888 000	20 174 000	18 672 000
Machinery and Plant Facilities	6 833 000	7 662 000	4 732 000	5 085 000
Fixtures	1 460 000	1 335 000	22 000	45 000
Total Tangible Assets	28 760 000	28 885 000	24 928 000	23 802 000
Total Fiancial Fixed Assets	2 199 000	2 199 000	14 107 000	13 107 000
Total Fixed Assets	30 960 000	31 085 000	39 034 000	36 909 000
Stock	326 000	390 000	597 000	545 000
Total Investments	0	0	0	0
Cash, Bank	3 090 000	1 182 000	243 000	162 000
Total Current Assets	6 062 000	6 700 000	7 183 000	5 189 000
Total Assets	37 022 000	37 785 000	46 217 000	42 098 000
Total Equity	7 947 000	9 752 000	11 139 000	7 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 633 000	20 709 000	25 554 000	25 591 000
Creditors	1 220 000	1 958 000	1 416 000	921 000
Unpaid Taxes	2 508 000	796 000	1 485 000	1 546 000
Dividends	0	0	0	0
Other Current Debt	4 713 000	4 570 000	4 582 000	4 605 000
Total Current Debt	8 441 000	7 324 000	9 524 000	9 137 000
Total Equity and Debt	37 022 000	37 785 000	46 217 000	42 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,24 %	29,73 %	46,4 %	56,32 %
Debt-to-Equity Ratio	2,6	2,12	2,29	3,47
Operating Profit Margin	10,1 %	8,85 %	19,69 %	17,63 %
Current Ratio	0,72	0,91	0,75	0,57
Quick Ratio	0,75	0,97	0,8	0,6
Equity Ratio	0,21	0,26	0,24	0,18
Gross Profit Margin	99,81 %	99,36 %	99,85 %	98,95 %