SKOGSVERKET AS

6430 BUD

Finances

Share Ownership

Return on Equity

259,55 %

Current Ratio

0,76

Debt-to-Equity Ratio

−10,97

Key figures (NOK)	2021	2020	2019	2018
Revenue	283 000	2 423 000	2 639 000	3 636 000
Net Income	−462 000	480 000	−1 019 000	−497 000
Total Assets	4 750 000	5 000 000	5 089 000	5 500 000
Total Equity	−178 000	284 000	−196 000	807 000

Income (NOK)	2021	2020	2019	2018
Revenue	283 000	2 423 000	2 639 000	3 636 000
Expenditure	746 000	1 936 000	3 652 000	4 148 000
Operating Profit	−462 000	487 000	−1 014 000	−513 000
Financial Income	0	9 000	8 000	16 000
Financial Costs	0	16 000	13 000	36 000
Financial Balance	0	−7 000	−5 000	−20 000
Earnings Before Tax	−462 000	480 000	−1 019 000	−533 000
Tax	0	0	0	−36 000
Net Income	−462 000	480 000	−1 019 000	−497 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 490 000	2 618 000	2 680 000	2 815 000
Total Current Assets	2 260 000	2 383 000	2 409 000	2 684 000
Total Assets	4 750 000	5 000 000	5 089 000	5 500 000
Total Retained Equity	−862 000	−400 000	−880 000	123 000
Total Equity	−178 000	284 000	−196 000	807 000
Total Long-Term Debt	1 952 000	2 006 000	1 437 000	850 000
Total Current Debt	2 976 000	2 711 000	3 848 000	3 843 000
Total Equity and Debt	4 750 000	5 000 000	5 089 000	5 500 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	233 000	2 423 000	2 639 000	3 592 000
Other Income	50 000	0	0	44 000
Revenue	283 000	2 423 000	2 639 000	3 636 000
Cost of Goods Sold	3 000	133 000	79 000	612 000
Salary Costs	27 000	591 000	2 532 000	2 494 000
Depreciation	128 000	136 000	136 000	115 000
Impairment	0	0	0	0
Expenditure	746 000	1 936 000	3 652 000	4 148 000
Operating Profit	−462 000	487 000	−1 014 000	−513 000
Financial Income	0	9 000	8 000	16 000
Financial Costs	0	16 000	13 000	36 000
Financial Balance	0	−7 000	−5 000	−20 000
Dividends	0	0	0	0
Net Income	−462 000	480 000	−1 019 000	−497 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	163 000	188 000	0	0
Total Intangible Assets	163 000	188 000	213 000	238 000
Real Eastate	2 153 000	2 169 000	2 185 000	2 200 000
Machinery and Plant Facilities	0	0	282 000	19 000
Fixtures	174 000	261 000	0	359 000
Total Tangible Assets	2 327 000	2 430 000	2 467 000	2 578 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 490 000	2 618 000	2 680 000	2 815 000
Stock	603 000	603 000	603 000	603 000
Total Investments	0	0	0	0
Cash, Bank	1 000	6 000	8 000	28 000
Total Current Assets	2 260 000	2 383 000	2 409 000	2 684 000
Total Assets	4 750 000	5 000 000	5 089 000	5 500 000
Total Equity	−178 000	284 000	−196 000	807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 952 000	2 006 000	1 437 000	850 000
Creditors	−316 000	−296 000	86 000	175 000
Unpaid Taxes	114 000	107 000	1 053 000	1 148 000
Dividends	0	0	0	0
Other Current Debt	3 179 000	2 900 000	2 709 000	2 404 000
Total Current Debt	2 976 000	2 711 000	3 848 000	3 843 000
Total Equity and Debt	4 750 000	5 000 000	5 089 000	5 500 000

Financial indicators	2021	2020	2019	2018
Return on Equity	259,55 %	169,01 %	519,9 %	−61,59 %
Debt-to-Equity Ratio	−10,97	7,06	−7,33	1,05
Operating Profit Margin	−163,25 %	20,1 %	−38,42 %	−14,11 %
Current Ratio	0,76	0,88	0,63	0,7
Quick Ratio	0,95	1,13	0,74	0,83
Equity Ratio	−0,04	0,06	−0,04	0,15
Gross Profit Margin	98,94 %	94,51 %	97,01 %	83,17 %