LÅGEN TUR AS

3282 KVELDE

Finances

Share Ownership

Return on Equity

−20,5 %

Current Ratio

6,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	579 000	812 000	1 102 000	1 786 000
Net Income	−206 000	−74 000	−267 000	145 000
Total Assets	1 128 000	1 769 000	1 602 000	1 937 000
Total Equity	1 005 000	1 318 000	1 392 000	1 659 000

Income (NOK)	2022	2021	2020	2019
Revenue	579 000	812 000	1 102 000	1 786 000
Expenditure	782 000	877 000	1 474 000	1 587 000
Operating Profit	−203 000	−65 000	−371 000	200 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	4 000	9 000	11 000	15 000
Financial Balance	−3 000	−9 000	−9 000	−13 000
Earnings Before Tax	−206 000	−74 000	−380 000	187 000
Tax	0	0	−112 000	41 000
Net Income	−206 000	−74 000	−267 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 000	1 236 000	851 000	1 178 000
Total Current Assets	849 000	533 000	751 000	759 000
Total Assets	1 128 000	1 769 000	1 602 000	1 937 000
Total Retained Equity	905 000	1 218 000	1 292 000	1 559 000
Total Equity	1 005 000	1 318 000	1 392 000	1 659 000
Total Long-Term Debt	0	410 000	91 000	148 000
Total Current Debt	123 000	41 000	119 000	131 000
Total Equity and Debt	1 128 000	1 769 000	1 602 000	1 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	346 000	714 000	1 054 000	1 764 000
Other Income	233 000	98 000	49 000	23 000
Revenue	579 000	812 000	1 102 000	1 786 000
Cost of Goods Sold	23 000	50 000	663 000	346 000
Salary Costs	329 000	23 000	110 000	216 000
Depreciation	54 000	215 000	210 000	212 000
Impairment	0	0	0	0
Expenditure	782 000	877 000	1 474 000	1 587 000
Operating Profit	−203 000	−65 000	−371 000	200 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	4 000	9 000	11 000	15 000
Financial Balance	−3 000	−9 000	−9 000	−13 000
Dividends	107 000	0	0	0
Net Income	−206 000	−74 000	−267 000	145 000

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	570 000	19 000	23 000
Fixtures	279 000	667 000	833 000	1 155 000
Total Tangible Assets	279 000	1 236 000	851 000	1 178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	279 000	1 236 000	851 000	1 178 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	796 000	392 000	530 000	441 000
Total Current Assets	849 000	533 000	751 000	759 000
Total Assets	1 128 000	1 769 000	1 602 000	1 937 000
Total Equity	1 005 000	1 318 000	1 392 000	1 659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	410 000	91 000	148 000
Creditors	8 000	18 000	20 000	−1 000
Unpaid Taxes	76 000	13 000	14 000	18 000
Dividends	107 000	0	0	0
Other Current Debt	39 000	10 000	85 000	87 000
Total Current Debt	123 000	41 000	119 000	131 000
Total Equity and Debt	1 128 000	1 769 000	1 602 000	1 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,5 %	−5,61 %	−19,18 %	8,74 %
Debt-to-Equity Ratio	0	0,31	0,07	0,09
Operating Profit Margin	−35,06 %	−8 %	−33,67 %	11,2 %
Current Ratio	6,9	13	6,31	5,79
Quick Ratio	6,9	13	6,31	5,79
Equity Ratio	0,89	0,75	0,87	0,86
Gross Profit Margin	96,03 %	93,84 %	39,84 %	80,63 %