LAVA SCANDINAVIA - MASTER'S CHOICE

6817 NAUSTDAL

Finances

Share Ownership

Return on Equity

10,95 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 392 000	10 240 000	10 597 000	6 749 000
Net Income	444 000	778 000	1 302 000	363 000
Total Assets	5 797 000	5 170 000	5 677 000	3 852 000
Total Equity	4 053 000	3 609 000	2 831 000	1 529 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 392 000	10 240 000	10 597 000	6 749 000
Expenditure	8 814 000	9 233 000	8 912 000	6 237 000
Operating Profit	578 000	1 008 000	1 685 000	512 000
Financial Income	1 000	5 000	0	1 000
Financial Costs	6 000	1 000	2 000	4 000
Financial Balance	−5 000	4 000	−2 000	−3 000
Earnings Before Tax	573 000	1 012 000	1 684 000	509 000
Tax	129 000	234 000	382 000	146 000
Net Income	444 000	778 000	1 302 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 000	285 000	42 000	0
Total Current Assets	5 546 000	4 885 000	5 635 000	3 852 000
Total Assets	5 797 000	5 170 000	5 677 000	3 852 000
Total Retained Equity	4 023 000	3 579 000	2 801 000	1 499 000
Total Equity	4 053 000	3 609 000	2 831 000	1 529 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 744 000	1 561 000	2 846 000	2 324 000
Total Equity and Debt	5 797 000	5 170 000	5 677 000	3 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 392 000	10 240 000	10 597 000	6 747 000
Other Income	0	0	0	2 000
Revenue	9 392 000	10 240 000	10 597 000	6 749 000
Cost of Goods Sold	4 935 000	5 250 000	5 313 000	3 174 000
Salary Costs	2 080 000	1 940 000	1 620 000	1 754 000
Depreciation	65 000	40 000	6 000	0
Impairment	0	0	0	0
Expenditure	8 814 000	9 233 000	8 912 000	6 237 000
Operating Profit	578 000	1 008 000	1 685 000	512 000
Financial Income	1 000	5 000	0	1 000
Financial Costs	6 000	1 000	2 000	4 000
Financial Balance	−5 000	4 000	−2 000	−3 000
Dividends	0	0	0	50 000
Net Income	444 000	778 000	1 302 000	363 000

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	178 000	200 000	22 000	0
Fixtures	74 000	85 000	20 000	0
Total Tangible Assets	251 000	285 000	42 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	251 000	285 000	42 000	0
Stock	3 488 000	4 075 000	1 406 000	1 463 000
Total Investments	0	0	0	0
Cash, Bank	1 199 000	512 000	4 053 000	2 194 000
Total Current Assets	5 546 000	4 885 000	5 635 000	3 852 000
Total Assets	5 797 000	5 170 000	5 677 000	3 852 000
Total Equity	4 053 000	3 609 000	2 831 000	1 529 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	772 000	386 000	817 000	191 000
Unpaid Taxes	397 000	354 000	665 000	724 000
Dividends	0	0	0	50 000
Other Current Debt	447 000	587 000	983 000	1 221 000
Total Current Debt	1 744 000	1 561 000	2 846 000	2 324 000
Total Equity and Debt	5 797 000	5 170 000	5 677 000	3 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,95 %	21,56 %	45,99 %	23,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,15 %	9,84 %	15,9 %	7,59 %
Current Ratio	3,18	3,13	1,98	1,66
Quick Ratio	−3,18	−1,94	3,91	4,47
Equity Ratio	0,7	0,7	0,5	0,4
Gross Profit Margin	47,46 %	48,73 %	49,86 %	52,97 %