SOLGAARD SKOG 131 AS

1599 MOSS

Finances

Share Ownership

Return on Equity

25,59 %

Current Ratio

2,91

Debt-to-Equity Ratio

7,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 194 000	943 000	1 056 000
Net Income	229 000	67 000	57 000	181 000
Total Assets	8 385 000	8 463 000	8 431 000	8 356 000
Total Equity	895 000	666 000	599 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 194 000	943 000	1 056 000
Expenditure	692 000	877 000	586 000	492 000
Operating Profit	592 000	317 000	357 000	564 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	301 000	233 000	286 000	334 000
Financial Balance	−299 000	−231 000	−284 000	−333 000
Earnings Before Tax	294 000	86 000	73 000	231 000
Tax	65 000	19 000	16 000	51 000
Net Income	229 000	67 000	57 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 968 000	7 157 000	7 348 000	7 547 000
Total Current Assets	1 417 000	1 306 000	1 083 000	809 000
Total Assets	8 385 000	8 463 000	8 431 000	8 356 000
Total Retained Equity	702 000	473 000	406 000	349 000
Total Equity	895 000	666 000	599 000	542 000
Total Long-Term Debt	7 002 000	7 320 000	7 392 000	7 743 000
Total Current Debt	487 000	477 000	439 000	70 000
Total Equity and Debt	8 385 000	8 463 000	8 431 000	8 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 285 000	1 194 000	943 000	1 056 000
Revenue	1 285 000	1 194 000	943 000	1 056 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	189 000	191 000	199 000	199 000
Impairment	0	0	0	0
Expenditure	692 000	877 000	586 000	492 000
Operating Profit	592 000	317 000	357 000	564 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	301 000	233 000	286 000	334 000
Financial Balance	−299 000	−231 000	−284 000	−333 000
Dividends	0	0	0	0
Net Income	229 000	67 000	57 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 968 000	7 157 000	7 346 000	7 535 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 000	11 000
Total Tangible Assets	6 968 000	7 157 000	7 348 000	7 547 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 968 000	7 157 000	7 348 000	7 547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 175 000	79 000	59 000	13 000
Total Current Assets	1 417 000	1 306 000	1 083 000	809 000
Total Assets	8 385 000	8 463 000	8 431 000	8 356 000
Total Equity	895 000	666 000	599 000	542 000
Short-Term Group Debt	0	35 000	35 000	0
Total Long-Term Debt	7 002 000	7 320 000	7 392 000	7 743 000
Creditors	59 000	35 000	35 000	36 000
Unpaid Taxes	57 000	55 000	50 000	0
Dividends	0	0	0	0
Other Current Debt	371 000	352 000	319 000	34 000
Total Current Debt	487 000	477 000	439 000	70 000
Total Equity and Debt	8 385 000	8 463 000	8 431 000	8 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,59 %	10,06 %	9,52 %	33,39 %
Debt-to-Equity Ratio	7,82	10,99	12,34	14,29
Operating Profit Margin	46,07 %	26,55 %	37,86 %	53,41 %
Current Ratio	2,91	2,74	2,47	11,56
Quick Ratio	2,91	2,74	2,47	11,56
Equity Ratio	0,11	0,08	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %