OVEDAL LOGGING AS

4440 TONSTAD

Finances

Return on Equity

−6,01 %

Current Ratio

5,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 010 000	5 463 000	3 532 000	5 399 000
Net Income	−331 000	65 000	−156 000	−596 000
Total Assets	6 509 000	7 312 000	6 890 000	7 769 000
Total Equity	5 510 000	5 841 000	5 777 000	5 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 010 000	5 463 000	3 532 000	5 399 000
Expenditure	3 334 000	5 404 000	3 756 000	6 107 000
Operating Profit	−324 000	60 000	−224 000	−707 000
Financial Income	9 000	5 000	18 000	32 000
Financial Costs	17 000	0	0	0
Financial Balance	−8 000	5 000	18 000	32 000
Earnings Before Tax	−331 000	65 000	−206 000	−675 000
Tax	0	0	−50 000	−79 000
Net Income	−331 000	65 000	−156 000	−596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 201 000	1 776 000	2 335 000	2 684 000
Total Current Assets	5 308 000	5 536 000	4 555 000	5 084 000
Total Assets	6 509 000	7 312 000	6 890 000	7 769 000
Total Retained Equity	5 410 000	5 741 000	5 677 000	5 832 000
Total Equity	5 510 000	5 841 000	5 777 000	5 932 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000 000	1 471 000	1 113 000	1 836 000
Total Equity and Debt	6 509 000	7 312 000	6 890 000	7 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 653 000	5 220 000	3 498 000	5 193 000
Other Income	357 000	243 000	34 000	205 000
Revenue	3 010 000	5 463 000	3 532 000	5 399 000
Cost of Goods Sold	541 000	1 440 000	607 000	2 400 000
Salary Costs	888 000	1 300 000	905 000	1 115 000
Depreciation	385 000	403 000	441 000	472 000
Impairment	0	0	0	0
Expenditure	3 334 000	5 404 000	3 756 000	6 107 000
Operating Profit	−324 000	60 000	−224 000	−707 000
Financial Income	9 000	5 000	18 000	32 000
Financial Costs	17 000	0	0	0
Financial Balance	−8 000	5 000	18 000	32 000
Dividends	0	0	0	0
Net Income	−331 000	65 000	−156 000	−596 000

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	701 000	1 076 000	1 561 000	1 694 000
Fixtures	499 000	633 000	546 000	683 000
Total Tangible Assets	1 201 000	1 709 000	2 108 000	2 377 000
Total Fiancial Fixed Assets	0	67 000	227 000	307 000
Total Fixed Assets	1 201 000	1 776 000	2 335 000	2 684 000
Stock	570 000	868 000	1 017 000	750 000
Total Investments	0	0	0	0
Cash, Bank	4 156 000	3 471 000	2 944 000	2 553 000
Total Current Assets	5 308 000	5 536 000	4 555 000	5 084 000
Total Assets	6 509 000	7 312 000	6 890 000	7 769 000
Total Equity	5 510 000	5 841 000	5 777 000	5 932 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	377 000	482 000	267 000	273 000
Unpaid Taxes	117 000	379 000	273 000	265 000
Dividends	0	0	0	0
Other Current Debt	506 000	609 000	573 000	1 299 000
Total Current Debt	1 000 000	1 471 000	1 113 000	1 836 000
Total Equity and Debt	6 509 000	7 312 000	6 890 000	7 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,01 %	1,11 %	−2,7 %	−10,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,76 %	1,1 %	−6,34 %	−13,1 %
Current Ratio	5,31	3,76	4,09	2,77
Quick Ratio	12,34	9,18	47,45	4,68
Equity Ratio	0,85	0,8	0,84	0,76
Gross Profit Margin	82,03 %	73,64 %	82,81 %	55,55 %