SØRLANDET TREFELLING AS

4658 TVEIT

Finances

Return on Equity

30,44 %

Current Ratio

3,81

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2020	2019	2018	2017
Revenue	1 220 000	3 027 000	2 546 000	2 424 000
Net Income	551 000	246 000	177 000	653 000
Total Assets	3 985 000	4 138 000	4 763 000	4 845 000
Total Equity	1 810 000	1 859 000	2 294 000	2 117 000

Income (NOK)	2020	2019	2018	2017
Revenue	1 220 000	3 027 000	2 546 000	2 424 000
Expenditure	375 000	2 630 000	2 234 000	1 566 000
Operating Profit	845 000	396 000	312 000	858 000
Financial Income	11 000	7 000	0	0
Financial Costs	71 000	87 000	83 000	1 000
Financial Balance	−60 000	−80 000	−83 000	−1 000
Earnings Before Tax	785 000	316 000	229 000	858 000
Tax	234 000	70 000	52 000	205 000
Net Income	551 000	246 000	177 000	653 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	2 463 000	3 090 000	3 320 000	3 413 000
Total Current Assets	1 522 000	1 048 000	1 443 000	1 432 000
Total Assets	3 985 000	4 138 000	4 763 000	4 845 000
Total Retained Equity	1 780 000	1 829 000	2 264 000	2 087 000
Total Equity	1 810 000	1 859 000	2 294 000	2 117 000
Total Long-Term Debt	1 775 000	1 857 000	2 079 000	2 092 000
Total Current Debt	400 000	421 000	390 000	636 000
Total Equity and Debt	3 985 000	4 138 000	4 763 000	4 845 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	801 000	2 961 000	2 546 000	2 408 000
Other Income	419 000	66 000	0	16 000
Revenue	1 220 000	3 027 000	2 546 000	2 424 000
Cost of Goods Sold	0	384 000	697 000	237 000
Salary Costs	78 000	1 283 000	798 000	575 000
Depreciation	101 000	266 000	206 000	218 000
Impairment	0	0	0	0
Expenditure	375 000	2 630 000	2 234 000	1 566 000
Operating Profit	845 000	396 000	312 000	858 000
Financial Income	11 000	7 000	0	0
Financial Costs	71 000	87 000	83 000	1 000
Financial Balance	−60 000	−80 000	−83 000	−1 000
Dividends	0	0	0	0
Net Income	551 000	246 000	177 000	653 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 399 000	2 467 000	2 534 000	2 534 000
Machinery and Plant Facilities	64 000	521 000	565 000	598 000
Fixtures	0	102 000	220 000	281 000
Total Tangible Assets	2 463 000	3 090 000	3 320 000	3 413 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 463 000	3 090 000	3 320 000	3 413 000
Stock	0	0	1 000	0
Total Investments	0	0	0	0
Cash, Bank	1 227 000	420 000	144 000	801 000
Total Current Assets	1 522 000	1 048 000	1 443 000	1 432 000
Total Assets	3 985 000	4 138 000	4 763 000	4 845 000
Total Equity	1 810 000	1 859 000	2 294 000	2 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 775 000	1 857 000	2 079 000	2 092 000
Creditors	1 000	8 000	63 000	71 000
Unpaid Taxes	13 000	196 000	157 000	296 000
Dividends	0	0	0	0
Other Current Debt	163 000	152 000	106 000	53 000
Total Current Debt	400 000	421 000	390 000	636 000
Total Equity and Debt	3 985 000	4 138 000	4 763 000	4 845 000

Financial indicators	2020	2019	2018	2017
Return on Equity	30,44 %	13,23 %	7,72 %	30,85 %
Debt-to-Equity Ratio	0,98	1	0,91	0,99
Operating Profit Margin	69,26 %	13,08 %	12,25 %	35,4 %
Current Ratio	3,81	2,49	3,7	2,25
Quick Ratio	3,81	2,49	3,71	2,25
Equity Ratio	0,45	0,45	0,48	0,44
Gross Profit Margin	100 %	87,31 %	72,62 %	90,22 %