ESPELIEN SKOGAVVIRKNING AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

17,44 %

Current Ratio

2,82

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 873 000	2 854 000	3 088 000	2 081 000
Net Income	483 000	72 000	574 000	95 000
Total Assets	6 451 000	6 857 000	7 418 000	4 737 000
Total Equity	2 770 000	2 287 000	2 216 000	1 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 873 000	2 854 000	3 088 000	2 081 000
Expenditure	3 113 000	2 610 000	2 174 000	1 842 000
Operating Profit	759 000	243 000	913 000	238 000
Financial Income	0	0	0	1 000
Financial Costs	140 000	151 000	177 000	117 000
Financial Balance	−140 000	−151 000	−177 000	−116 000
Earnings Before Tax	619 000	92 000	736 000	121 000
Tax	136 000	20 000	162 000	27 000
Net Income	483 000	72 000	574 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 454 000	5 429 000	6 011 000	3 603 000
Total Current Assets	1 997 000	1 428 000	1 407 000	1 133 000
Total Assets	6 451 000	6 857 000	7 418 000	4 737 000
Total Retained Equity	0	0	0	0
Total Equity	2 770 000	2 287 000	2 216 000	1 641 000
Total Long-Term Debt	2 973 000	3 854 000	4 727 000	2 662 000
Total Current Debt	708 000	716 000	476 000	433 000
Total Equity and Debt	6 451 000	6 857 000	7 418 000	4 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 812 000	2 834 000	2 306 000	2 081 000
Other Income	61 000	20 000	781 000	0
Revenue	3 873 000	2 854 000	3 088 000	2 081 000
Cost of Goods Sold	23 000	74 000	68 000	51 000
Salary Costs	1 071 000	905 000	693 000	594 000
Depreciation	793 000	785 000	700 000	434 000
Impairment	0	0	0	0
Expenditure	3 113 000	2 610 000	2 174 000	1 842 000
Operating Profit	759 000	243 000	913 000	238 000
Financial Income	0	0	0	1 000
Financial Costs	140 000	151 000	177 000	117 000
Financial Balance	−140 000	−151 000	−177 000	−116 000
Dividends	0	0	0	0
Net Income	483 000	72 000	574 000	95 000

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	4 345 000	5 057 000	5 572 000	3 255 000
Fixtures	109 000	372 000	439 000	348 000
Total Tangible Assets	4 454 000	5 429 000	6 011 000	3 603 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 454 000	5 429 000	6 011 000	3 603 000
Stock	20 000	16 000	25 000	11 000
Total Investments	0	0	0	0
Cash, Bank	1 753 000	1 048 000	885 000	822 000
Total Current Assets	1 997 000	1 428 000	1 407 000	1 133 000
Total Assets	6 451 000	6 857 000	7 418 000	4 737 000
Total Equity	2 770 000	2 287 000	2 216 000	1 641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 973 000	3 854 000	4 727 000	2 662 000
Creditors	227 000	50 000	52 000	43 000
Unpaid Taxes	249 000	267 000	69 000	60 000
Dividends	0	0	0	0
Other Current Debt	135 000	399 000	354 000	330 000
Total Current Debt	708 000	716 000	476 000	433 000
Total Equity and Debt	6 451 000	6 857 000	7 418 000	4 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,44 %	3,15 %	25,9 %	5,79 %
Debt-to-Equity Ratio	1,07	1,69	2,13	1,62
Operating Profit Margin	19,6 %	8,51 %	29,57 %	11,44 %
Current Ratio	2,82	1,99	2,96	2,62
Quick Ratio	2,9	2,04	3,12	2,68
Equity Ratio	0,43	0,33	0,3	0,35
Gross Profit Margin	99,41 %	97,41 %	97,8 %	97,55 %