V. OPSAHL SKOGSDRIFT AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

−87,32 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	533 000	615 000	571 000	540 000
Net Income	−62 000	−43 000	−99 000	−159 000
Total Assets	188 000	271 000	302 000	414 000
Total Equity	71 000	133 000	176 000	274 000

Income (NOK)	2022	2021	2020	2019
Revenue	533 000	615 000	571 000	540 000
Expenditure	613 000	670 000	698 000	745 000
Operating Profit	−79 000	−55 000	−126 000	−204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−79 000	−55 000	−126 000	−204 000
Tax	−17 000	−12 000	−28 000	−45 000
Net Income	−62 000	−43 000	−99 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	60 000	93 000	124 000
Total Current Assets	137 000	211 000	210 000	290 000
Total Assets	188 000	271 000	302 000	414 000
Total Retained Equity	41 000	103 000	146 000	244 000
Total Equity	71 000	133 000	176 000	274 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	117 000	138 000	127 000	133 000
Total Equity and Debt	188 000	271 000	302 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	533 000	615 000	571 000	540 000
Other Income	0	0	0	0
Revenue	533 000	615 000	571 000	540 000
Cost of Goods Sold	0	0	38 000	0
Salary Costs	286 000	354 000	302 000	403 000
Depreciation	27 000	45 000	53 000	53 000
Impairment	0	0	0	0
Expenditure	613 000	670 000	698 000	745 000
Operating Profit	−79 000	−55 000	−126 000	−204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−62 000	−43 000	−99 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	34 000	21 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	27 000	71 000	124 000
Fixtures	0	0	0	0
Total Tangible Assets	0	27 000	71 000	124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	60 000	93 000	124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	110 000	159 000	225 000
Total Current Assets	137 000	211 000	210 000	290 000
Total Assets	188 000	271 000	302 000	414 000
Total Equity	71 000	133 000	176 000	274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	99 000	105 000	100 000	104 000
Unpaid Taxes	18 000	33 000	27 000	28 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	117 000	138 000	127 000	133 000
Total Equity and Debt	188 000	271 000	302 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,32 %	−32,33 %	−56,25 %	−58,03 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−14,82 %	−8,94 %	−22,07 %	−37,78 %
Current Ratio	1,17	1,53	1,65	2,18
Quick Ratio	1,17	1,53	1,65	2,18
Equity Ratio	0,38	0,49	0,58	0,66
Gross Profit Margin	100 %	100 %	93,35 %	100 %