FRANK WESTGÅRD SKOGSDRIFT AS

2450 RENA

Finances

Share Ownership

Return on Equity

−5,46 %

Current Ratio

0,91

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 764 000	9 557 000	8 538 000	7 161 000
Net Income	−23 000	−102 000	562 000	288 000
Total Assets	2 282 000	2 816 000	2 982 000	2 640 000
Total Equity	421 000	444 000	546 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 764 000	9 557 000	8 538 000	7 161 000
Expenditure	8 743 000	9 618 000	7 861 000	6 767 000
Operating Profit	21 000	−59 000	678 000	394 000
Financial Income	20 000	14 000	3 000	4 000
Financial Costs	66 000	83 000	90 000	109 000
Financial Balance	−46 000	−69 000	−87 000	−105 000
Earnings Before Tax	−25 000	−129 000	591 000	288 000
Tax	−2 000	−27 000	29 000	0
Net Income	−23 000	−102 000	562 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	995 000	1 600 000	1 777 000	1 460 000
Total Current Assets	1 287 000	1 216 000	1 204 000	1 180 000
Total Assets	2 282 000	2 816 000	2 982 000	2 640 000
Total Retained Equity	321 000	344 000	446 000	−116 000
Total Equity	421 000	444 000	546 000	−16 000
Total Long-Term Debt	449 000	867 000	883 000	1 790 000
Total Current Debt	1 411 000	1 505 000	1 553 000	866 000
Total Equity and Debt	2 282 000	2 816 000	2 982 000	2 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 934 000	9 557 000	6 445 000	6 736 000
Other Income	831 000	0	2 093 000	424 000
Revenue	8 764 000	9 557 000	8 538 000	7 161 000
Cost of Goods Sold	1 282 000	971 000	1 063 000	619 000
Salary Costs	2 363 000	2 874 000	2 448 000	2 217 000
Depreciation	230 000	162 000	308 000	347 000
Impairment	0	0	0	0
Expenditure	8 743 000	9 618 000	7 861 000	6 767 000
Operating Profit	21 000	−59 000	678 000	394 000
Financial Income	20 000	14 000	3 000	4 000
Financial Costs	66 000	83 000	90 000	109 000
Financial Balance	−46 000	−69 000	−87 000	−105 000
Dividends	0	0	0	0
Net Income	−23 000	−102 000	562 000	288 000

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	553 000	478 000	230 000	1 216 000
Total Tangible Assets	553 000	478 000	230 000	1 216 000
Total Fiancial Fixed Assets	441 000	1 122 000	1 547 000	244 000
Total Fixed Assets	995 000	1 600 000	1 777 000	1 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	235 000	619 000	228 000
Total Current Assets	1 287 000	1 216 000	1 204 000	1 180 000
Total Assets	2 282 000	2 816 000	2 982 000	2 640 000
Total Equity	421 000	444 000	546 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	449 000	867 000	883 000	1 790 000
Creditors	734 000	867 000	1 022 000	333 000
Unpaid Taxes	192 000	395 000	323 000	293 000
Dividends	0	0	0	0
Other Current Debt	186 000	242 000	208 000	240 000
Total Current Debt	1 411 000	1 505 000	1 553 000	866 000
Total Equity and Debt	2 282 000	2 816 000	2 982 000	2 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,46 %	−22,97 %	102,93 %	−1 800 %
Debt-to-Equity Ratio	1,07	1,95	1,62	−111,88
Operating Profit Margin	0,24 %	−0,62 %	7,94 %	5,5 %
Current Ratio	0,91	0,81	0,78	1,36
Quick Ratio	0,91	0,81	0,78	1,36
Equity Ratio	0,18	0,16	0,18	−0,01
Gross Profit Margin	85,37 %	89,84 %	87,55 %	91,36 %