LAKSEVÅG VERKTØY ENGROS AS

5353 STRAUME

Finances

Return on Equity

−348,48 %

Current Ratio

1,57

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 793 000	2 027 000	2 546 000	3 443 000
Net Income	−230 000	−252 000	−81 000	35 000
Total Assets	879 000	912 000	1 074 000	1 269 000
Total Equity	66 000	296 000	548 000	629 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 793 000	2 027 000	2 546 000	3 443 000
Expenditure	1 990 000	2 254 000	2 609 000	3 378 000
Operating Profit	−197 000	−227 000	−62 000	65 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	36 000	27 000	22 000	31 000
Financial Balance	−33 000	−25 000	−19 000	−30 000
Earnings Before Tax	−230 000	−252 000	−81 000	35 000
Tax	0	0	0	0
Net Income	−230 000	−252 000	−81 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	26 000	26 000	26 000
Total Current Assets	852 000	886 000	1 047 000	1 242 000
Total Assets	879 000	912 000	1 074 000	1 269 000
Total Retained Equity	−584 000	−354 000	−102 000	−21 000
Total Equity	66 000	296 000	548 000	629 000
Total Long-Term Debt	272 000	233 000	86 000	188 000
Total Current Debt	541 000	384 000	440 000	451 000
Total Equity and Debt	879 000	912 000	1 074 000	1 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 793 000	2 027 000	2 546 000	3 443 000
Other Income	0	0	0	0
Revenue	1 793 000	2 027 000	2 546 000	3 443 000
Cost of Goods Sold	1 128 000	1 375 000	1 694 000	2 310 000
Salary Costs	470 000	468 000	450 000	480 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 990 000	2 254 000	2 609 000	3 378 000
Operating Profit	−197 000	−227 000	−62 000	65 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	36 000	27 000	22 000	31 000
Financial Balance	−33 000	−25 000	−19 000	−30 000
Dividends	0	0	0	0
Net Income	−230 000	−252 000	−81 000	35 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	26 000	26 000	26 000	26 000
Stock	655 000	804 000	837 000	880 000
Total Investments	0	0	0	0
Cash, Bank	13 000	14 000	14 000	15 000
Total Current Assets	852 000	886 000	1 047 000	1 242 000
Total Assets	879 000	912 000	1 074 000	1 269 000
Total Equity	66 000	296 000	548 000	629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	272 000	233 000	86 000	188 000
Creditors	300 000	170 000	228 000	191 000
Unpaid Taxes	64 000	71 000	70 000	117 000
Dividends	0	0	0	0
Other Current Debt	177 000	142 000	142 000	144 000
Total Current Debt	541 000	384 000	440 000	451 000
Total Equity and Debt	879 000	912 000	1 074 000	1 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−348,48 %	−85,14 %	−14,78 %	5,56 %
Debt-to-Equity Ratio	4,12	0,79	0,16	0,3
Operating Profit Margin	−10,99 %	−11,2 %	−2,44 %	1,89 %
Current Ratio	1,57	2,31	2,38	2,75
Quick Ratio	−7,47	−2,11	−2,64	−2,9
Equity Ratio	0,08	0,32	0,51	0,5
Gross Profit Margin	37,09 %	32,17 %	33,46 %	32,91 %