LÅGEN RENHOLD AS

3614 KONGSBERG

Finances

Share Ownership

Return on Equity

−35,46 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 317 000	1 199 000	1 041 000	890 000
Net Income	−100 000	140 000	137 000	107 000
Total Assets	634 000	628 000	380 000	423 000
Total Equity	282 000	383 000	243 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 317 000	1 199 000	1 041 000	890 000
Expenditure	1 444 000	1 016 000	868 000	756 000
Operating Profit	−130 000	177 000	173 000	131 000
Financial Income	1 000	3 000	3 000	7 000
Financial Costs	0	0	0	0
Financial Balance	1 000	3 000	3 000	7 000
Earnings Before Tax	−129 000	180 000	176 000	138 000
Tax	−29 000	40 000	39 000	30 000
Net Income	−100 000	140 000	137 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	24 000	32 000	0
Total Current Assets	589 000	604 000	348 000	423 000
Total Assets	634 000	628 000	380 000	423 000
Total Retained Equity	182 000	283 000	143 000	5 000
Total Equity	282 000	383 000	243 000	105 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	351 000	246 000	138 000	318 000
Total Equity and Debt	634 000	628 000	380 000	423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 063 000	1 207 000	1 039 000	894 000
Other Income	254 000	−8 000	2 000	−4 000
Revenue	1 317 000	1 199 000	1 041 000	890 000
Cost of Goods Sold	67 000	277 000	366 000	319 000
Salary Costs	1 122 000	530 000	352 000	330 000
Depreciation	8 000	8 000	8 000	3 000
Impairment	0	0	0	0
Expenditure	1 444 000	1 016 000	868 000	756 000
Operating Profit	−130 000	177 000	173 000	131 000
Financial Income	1 000	3 000	3 000	7 000
Financial Costs	0	0	0	0
Financial Balance	1 000	3 000	3 000	7 000
Dividends	0	0	0	200 000
Net Income	−100 000	140 000	137 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	24 000	32 000	0
Total Intangible Assets	45 000	24 000	32 000	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	0	0	0	0
Total Fixed Assets	45 000	24 000	32 000	0
Stock	5 000	7 000	14 000	14 000
Total Investments	0	0	0	0
Cash, Bank	101 000	367 000	269 000	363 000
Total Current Assets	589 000	604 000	348 000	423 000
Total Assets	634 000	628 000	380 000	423 000
Total Equity	282 000	383 000	243 000	105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	7 000	0	0
Unpaid Taxes	140 000	76 000	43 000	32 000
Dividends	0	0	0	200 000
Other Current Debt	181 000	122 000	56 000	55 000
Total Current Debt	351 000	246 000	138 000	318 000
Total Equity and Debt	634 000	628 000	380 000	423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,46 %	36,55 %	56,38 %	101,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,87 %	14,76 %	16,62 %	14,72 %
Current Ratio	1,68	2,46	2,52	1,33
Quick Ratio	1,7	2,53	2,81	1,39
Equity Ratio	0,44	0,61	0,64	0,25
Gross Profit Margin	94,91 %	76,9 %	64,84 %	64,16 %