LUBECO AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

18,94 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 413 000	28 858 000	27 628 000	28 637 000
Net Income	1 965 000	1 776 000	−209 000	−1 293 000
Total Assets	15 999 000	12 864 000	10 731 000	11 980 000
Total Equity	10 374 000	8 409 000	6 633 000	6 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 413 000	28 858 000	27 628 000	28 637 000
Expenditure	28 833 000	26 538 000	27 820 000	30 138 000
Operating Profit	2 580 000	2 320 000	−191 000	−1 501 000
Financial Income	73 000	78 000	106 000	20 000
Financial Costs	132 000	115 000	171 000	168 000
Financial Balance	−59 000	−37 000	−65 000	−148 000
Earnings Before Tax	2 521 000	2 284 000	−256 000	−1 648 000
Tax	555 000	507 000	−48 000	−355 000
Net Income	1 965 000	1 776 000	−209 000	−1 293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	1 236 000	2 402 000	2 750 000
Total Current Assets	15 773 000	11 628 000	8 328 000	9 230 000
Total Assets	15 999 000	12 864 000	10 731 000	11 980 000
Total Retained Equity	5 334 000	3 369 000	1 593 000	1 801 000
Total Equity	10 374 000	8 409 000	6 633 000	6 841 000
Total Long-Term Debt	0	252 000	412 000	785 000
Total Current Debt	5 624 000	4 203 000	3 686 000	4 354 000
Total Equity and Debt	15 999 000	12 864 000	10 731 000	11 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 499 000	28 281 000	27 201 000	28 149 000
Other Income	914 000	577 000	426 000	488 000
Revenue	31 413 000	28 858 000	27 628 000	28 637 000
Cost of Goods Sold	15 408 000	14 905 000	14 676 000	13 119 000
Salary Costs	7 153 000	5 601 000	5 181 000	8 174 000
Depreciation	345 000	586 000	645 000	689 000
Impairment	0	0	0	0
Expenditure	28 833 000	26 538 000	27 820 000	30 138 000
Operating Profit	2 580 000	2 320 000	−191 000	−1 501 000
Financial Income	73 000	78 000	106 000	20 000
Financial Costs	132 000	115 000	171 000	168 000
Financial Balance	−59 000	−37 000	−65 000	−148 000
Dividends	0	0	0	0
Net Income	1 965 000	1 776 000	−209 000	−1 293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	715 000	1 372 000	1 522 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	88 000	520 000	957 000	1 155 000
Total Tangible Assets	116 000	520 000	957 000	1 155 000
Total Fiancial Fixed Assets	0	0	74 000	74 000
Total Fixed Assets	226 000	1 236 000	2 402 000	2 750 000
Stock	2 719 000	2 220 000	3 408 000	2 413 000
Total Investments	0	0	0	0
Cash, Bank	10 467 000	6 992 000	2 569 000	3 856 000
Total Current Assets	15 773 000	11 628 000	8 328 000	9 230 000
Total Assets	15 999 000	12 864 000	10 731 000	11 980 000
Total Equity	10 374 000	8 409 000	6 633 000	6 841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	252 000	412 000	785 000
Creditors	2 787 000	1 666 000	1 710 000	1 595 000
Unpaid Taxes	1 065 000	1 072 000	747 000	1 194 000
Dividends	0	0	0	0
Other Current Debt	1 773 000	1 465 000	1 229 000	1 565 000
Total Current Debt	5 624 000	4 203 000	3 686 000	4 354 000
Total Equity and Debt	15 999 000	12 864 000	10 731 000	11 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,94 %	21,12 %	−3,15 %	−18,9 %
Debt-to-Equity Ratio	0	0,03	0,06	0,11
Operating Profit Margin	8,21 %	8,04 %	−0,69 %	−5,24 %
Current Ratio	2,8	2,77	2,26	2,12
Quick Ratio	5,43	5,86	29,96	4,76
Equity Ratio	0,65	0,65	0,62	0,57
Gross Profit Margin	50,95 %	48,35 %	46,88 %	54,19 %