TIN MILOVANOVIC SKOGSERVICE AS

2636 ØYER

Finances

Return on Equity

19,94 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 525 000	16 955 000	39 839 000	41 017 000
Net Income	6 738 000	1 800 000	4 725 000	4 886 000
Total Assets	38 064 000	31 294 000	30 516 000	26 140 000
Total Equity	33 788 000	27 050 000	26 650 000	21 926 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 525 000	16 955 000	39 839 000	41 017 000
Expenditure	37 354 000	15 133 000	33 783 000	34 755 000
Operating Profit	8 171 000	1 822 000	6 056 000	6 263 000
Financial Income	139 000	614 000	1 000	2 000
Financial Costs	−234 000	234 000	0	1 000
Financial Balance	373 000	380 000	1 000	1 000
Earnings Before Tax	8 543 000	2 201 000	6 057 000	6 264 000
Tax	1 806 000	401 000	1 333 000	1 378 000
Net Income	6 738 000	1 800 000	4 725 000	4 886 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 466 000	26 370 000	21 672 000	18 580 000
Total Current Assets	13 598 000	4 923 000	8 844 000	7 559 000
Total Assets	38 064 000	31 294 000	30 516 000	26 140 000
Total Retained Equity	33 688 000	26 950 000	26 550 000	21 826 000
Total Equity	33 788 000	27 050 000	26 650 000	21 926 000
Total Long-Term Debt	0	17 000	33 000	30 000
Total Current Debt	4 276 000	4 227 000	3 833 000	4 184 000
Total Equity and Debt	38 064 000	31 294 000	30 516 000	26 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 186 000	16 698 000	39 839 000	41 017 000
Other Income	339 000	257 000	0	0
Revenue	45 525 000	16 955 000	39 839 000	41 017 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 662 000	12 020 000	29 162 000	29 446 000
Depreciation	416 000	481 000	441 000	410 000
Impairment	0	0	0	0
Expenditure	37 354 000	15 133 000	33 783 000	34 755 000
Operating Profit	8 171 000	1 822 000	6 056 000	6 263 000
Financial Income	139 000	614 000	1 000	2 000
Financial Costs	−234 000	234 000	0	1 000
Financial Balance	373 000	380 000	1 000	1 000
Dividends	0	1 400 000	0	0
Net Income	6 738 000	1 800 000	4 725 000	4 886 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	0	0	0
Real Eastate	12 412 000	17 662 000	14 188 000	12 202 000
Machinery and Plant Facilities	347 000	616 000	885 000	644 000
Fixtures	52 000	67 000	112 000	185 000
Total Tangible Assets	12 811 000	18 345 000	15 186 000	13 030 000
Total Fiancial Fixed Assets	11 589 000	8 026 000	6 487 000	5 550 000
Total Fixed Assets	24 466 000	26 370 000	21 672 000	18 580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 587 000	4 292 000	8 518 000	7 321 000
Total Current Assets	13 598 000	4 923 000	8 844 000	7 559 000
Total Assets	38 064 000	31 294 000	30 516 000	26 140 000
Total Equity	33 788 000	27 050 000	26 650 000	21 926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	33 000	30 000
Creditors	67 000	109 000	104 000	48 000
Unpaid Taxes	2 181 000	2 248 000	1 514 000	2 564 000
Dividends	0	1 400 000	0	0
Other Current Debt	140 000	52 000	885 000	196 000
Total Current Debt	4 276 000	4 227 000	3 833 000	4 184 000
Total Equity and Debt	38 064 000	31 294 000	30 516 000	26 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,94 %	6,65 %	17,73 %	22,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,95 %	10,75 %	15,2 %	15,27 %
Current Ratio	3,18	1,16	2,31	1,81
Quick Ratio	3,18	1,16	2,31	1,81
Equity Ratio	0,89	0,86	0,87	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %