NORDSKOG & VÅGSLAND AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

10,37 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	578 000	658 000	1 493 000	588 000
Net Income	73 000	−234 000	231 000	360 000
Total Assets	1 175 000	1 229 000	1 493 000	1 154 000
Total Equity	704 000	631 000	866 000	634 000

Income (NOK)	2022	2021	2020	2019
Revenue	578 000	658 000	1 493 000	588 000
Expenditure	505 000	887 000	1 174 000	245 000
Operating Profit	73 000	−229 000	319 000	343 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	6 000	18 000	27 000
Financial Balance	−1 000	−6 000	−18 000	−26 000
Earnings Before Tax	73 000	−234 000	302 000	316 000
Tax	0	0	70 000	−44 000
Net Income	73 000	−234 000	231 000	360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	275 000	275 000	105 000
Total Current Assets	900 000	954 000	1 218 000	1 049 000
Total Assets	1 175 000	1 229 000	1 493 000	1 154 000
Total Retained Equity	604 000	531 000	765 000	534 000
Total Equity	704 000	631 000	866 000	634 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	471 000	598 000	627 000	520 000
Total Equity and Debt	1 175 000	1 229 000	1 493 000	1 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	578 000	658 000	1 493 000	588 000
Other Income	0	0	0	0
Revenue	578 000	658 000	1 493 000	588 000
Cost of Goods Sold	482 000	825 000	1 069 000	312 000
Salary Costs	0	3 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	505 000	887 000	1 174 000	245 000
Operating Profit	73 000	−229 000	319 000	343 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	6 000	18 000	27 000
Financial Balance	−1 000	−6 000	−18 000	−26 000
Dividends	0	0	0	0
Net Income	73 000	−234 000	231 000	360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	275 000	275 000	275 000	105 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	275 000	275 000	275 000	105 000
Stock	321 000	396 000	500 000	594 000
Total Investments	0	0	0	0
Cash, Bank	29 000	43 000	1 000	1 000
Total Current Assets	900 000	954 000	1 218 000	1 049 000
Total Assets	1 175 000	1 229 000	1 493 000	1 154 000
Total Equity	704 000	631 000	866 000	634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	417 000	457 000	65 000
Unpaid Taxes	135 000	120 000	77 000	9 000
Dividends	0	0	0	0
Other Current Debt	280 000	60 000	5 000	123 000
Total Current Debt	471 000	598 000	627 000	520 000
Total Equity and Debt	1 175 000	1 229 000	1 493 000	1 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,37 %	−37,08 %	26,67 %	56,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,63 %	−34,8 %	21,37 %	58,33 %
Current Ratio	1,91	1,6	1,94	2,02
Quick Ratio	6	4,72	9,59	−14,18
Equity Ratio	0,6	0,51	0,58	0,55
Gross Profit Margin	16,61 %	−25,38 %	28,4 %	46,94 %