LK NORGE AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

79,05 %

Current Ratio

1,79

Debt-to-Equity Ratio

−2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 365 000	10 193 000	10 027 000	12 456 000
Net Income	−1 796 000	−112 000	−610 000	−2 176 000
Total Assets	9 437 000	9 022 000	10 618 000	11 698 000
Total Equity	−2 272 000	−476 000	−363 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 365 000	10 193 000	10 027 000	12 456 000
Expenditure	11 046 000	10 278 000	10 620 000	14 193 000
Operating Profit	−1 682 000	−86 000	−594 000	−1 738 000
Financial Income	108 000	125 000	93 000	0
Financial Costs	222 000	152 000	110 000	438 000
Financial Balance	−114 000	−27 000	−17 000	−438 000
Earnings Before Tax	−1 796 000	−112 000	−610 000	−2 176 000
Tax	0	0	0	0
Net Income	−1 796 000	−112 000	−610 000	−2 176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	774 000	965 000	1 186 000
Total Current Assets	9 081 000	8 248 000	9 653 000	10 512 000
Total Assets	9 437 000	9 022 000	10 618 000	11 698 000
Total Retained Equity	−2 372 000	−576 000	−463 000	147 000
Total Equity	−2 272 000	−476 000	−363 000	247 000
Total Long-Term Debt	6 640 000	7 610 000	8 285 000	6 062 000
Total Current Debt	5 070 000	1 888 000	2 696 000	5 390 000
Total Equity and Debt	9 437 000	9 022 000	10 618 000	11 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 014 000	9 967 000	9 837 000	12 456 000
Other Income	350 000	226 000	189 000	0
Revenue	9 365 000	10 193 000	10 027 000	12 456 000
Cost of Goods Sold	7 304 000	7 079 000	6 885 000	8 370 000
Salary Costs	818 000	758 000	1 310 000	2 219 000
Depreciation	169 000	191 000	237 000	295 000
Impairment	0	0	0	0
Expenditure	11 046 000	10 278 000	10 620 000	14 193 000
Operating Profit	−1 682 000	−86 000	−594 000	−1 738 000
Financial Income	108 000	125 000	93 000	0
Financial Costs	222 000	152 000	110 000	438 000
Financial Balance	−114 000	−27 000	−17 000	−438 000
Dividends	0	0	0	0
Net Income	−1 796 000	−112 000	−610 000	−2 176 000

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	356 000	774 000	965 000	1 186 000
Total Tangible Assets	356 000	774 000	965 000	1 186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	356 000	774 000	965 000	1 186 000
Stock	5 381 000	3 732 000	4 567 000	5 105 000
Total Investments	0	0	0	0
Cash, Bank	2 665 000	2 695 000	3 642 000	1 097 000
Total Current Assets	9 081 000	8 248 000	9 653 000	10 512 000
Total Assets	9 437 000	9 022 000	10 618 000	11 698 000
Total Equity	−2 272 000	−476 000	−363 000	247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 640 000	7 610 000	8 285 000	6 062 000
Creditors	3 395 000	482 000	1 630 000	3 086 000
Unpaid Taxes	837 000	654 000	428 000	1 068 000
Dividends	0	0	0	0
Other Current Debt	837 000	752 000	639 000	1 237 000
Total Current Debt	5 070 000	1 888 000	2 696 000	5 390 000
Total Equity and Debt	9 437 000	9 022 000	10 618 000	11 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,05 %	23,53 %	168,04 %	−880,97 %
Debt-to-Equity Ratio	−2,92	−15,99	−22,82	24,54
Operating Profit Margin	−17,96 %	−0,84 %	−5,92 %	−13,95 %
Current Ratio	1,79	4,37	3,58	1,95
Quick Ratio	−29,2	−4,47	−5,16	36,88
Equity Ratio	−0,24	−0,05	−0,03	0,02
Gross Profit Margin	22,01 %	30,55 %	31,34 %	32,8 %