LAVINE AS

3840 SELJORD

Finances

Share Ownership

Return on Equity

−49 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	640 000	907 000	777 000	247 000
Net Income	−49 000	−86 000	171 000	34 000
Total Assets	201 000	347 000	410 000	131 000
Total Equity	100 000	149 000	235 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	640 000	907 000	777 000	247 000
Expenditure	683 000	992 000	555 000	203 000
Operating Profit	−43 000	−85 000	223 000	45 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	1 000	1 000
Financial Balance	−6 000	−1 000	−1 000	−1 000
Earnings Before Tax	−49 000	−86 000	222 000	44 000
Tax	0	0	51 000	10 000
Net Income	−49 000	−86 000	171 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	163 000	114 000	51 000
Total Current Assets	21 000	184 000	296 000	80 000
Total Assets	201 000	347 000	410 000	131 000
Total Retained Equity	70 000	119 000	205 000	34 000
Total Equity	100 000	149 000	235 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 000	198 000	175 000	67 000
Total Equity and Debt	201 000	347 000	410 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	635 000	905 000	766 000	247 000
Other Income	5 000	2 000	11 000	0
Revenue	640 000	907 000	777 000	247 000
Cost of Goods Sold	1 000	2 000	3 000	0
Salary Costs	260 000	511 000	303 000	101 000
Depreciation	70 000	48 000	25 000	7 000
Impairment	0	0	0	0
Expenditure	683 000	992 000	555 000	203 000
Operating Profit	−43 000	−85 000	223 000	45 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	1 000	1 000
Financial Balance	−6 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−49 000	−86 000	171 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	136 000	139 000	114 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	24 000	0	0
Fixtures	26 000	0	0	0
Total Tangible Assets	44 000	24 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	163 000	114 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	153 000	267 000	35 000
Total Current Assets	21 000	184 000	296 000	80 000
Total Assets	201 000	347 000	410 000	131 000
Total Equity	100 000	149 000	235 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	0
Unpaid Taxes	12 000	78 000	59 000	39 000
Dividends	0	0	0	0
Other Current Debt	75 000	108 000	39 000	9 000
Total Current Debt	101 000	198 000	175 000	67 000
Total Equity and Debt	201 000	347 000	410 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49 %	−57,72 %	72,77 %	53,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,72 %	−9,37 %	28,7 %	18,22 %
Current Ratio	0,21	0,93	1,69	1,19
Quick Ratio	0,21	0,93	1,69	1,19
Equity Ratio	0,5	0,43	0,57	0,49
Gross Profit Margin	99,84 %	99,78 %	99,61 %	100 %