LÅS & GLASS AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

20,56 %

Current Ratio

19,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	753 000	780 000	960 000	714 000
Net Income	44 000	11 000	110 000	102 000
Total Assets	224 000	247 000	176 000	234 000
Total Equity	214 000	202 000	152 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	753 000	780 000	960 000	714 000
Expenditure	692 000	768 000	843 000	586 000
Operating Profit	61 000	12 000	117 000	127 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	6 000	2 000	8 000	25 000
Financial Balance	−5 000	−1 000	−7 000	−25 000
Earnings Before Tax	56 000	11 000	110 000	102 000
Tax	12 000	0	0	0
Net Income	44 000	11 000	110 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	48 000	38 000	103 000
Total Current Assets	194 000	199 000	138 000	131 000
Total Assets	224 000	247 000	176 000	234 000
Total Retained Equity	0	0	0	0
Total Equity	214 000	202 000	152 000	218 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 000	45 000	26 000	16 000
Total Equity and Debt	224 000	247 000	178 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	753 000	778 000	960 000	713 000
Other Income	0	2 000	0	1 000
Revenue	753 000	780 000	960 000	714 000
Cost of Goods Sold	217 000	309 000	278 000	0
Salary Costs	240 000	195 000	232 000	207 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	692 000	768 000	843 000	586 000
Operating Profit	61 000	12 000	117 000	127 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	6 000	2 000	8 000	25 000
Financial Balance	−5 000	−1 000	−7 000	−25 000
Dividends	0	0	0	0
Net Income	44 000	11 000	110 000	102 000

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	30 000	48 000	38 000	39 000
Total Tangible Assets	30 000	48 000	38 000	39 000
Total Fiancial Fixed Assets	0	0	0	65 000
Total Fixed Assets	30 000	48 000	38 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	68 000	98 000	99 000
Total Current Assets	194 000	199 000	138 000	131 000
Total Assets	224 000	247 000	176 000	234 000
Total Equity	214 000	202 000	152 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	4 000	15 000	26 000	11 000
Dividends	0	0	0	0
Other Current Debt	0	17 000	0	0
Total Current Debt	10 000	45 000	26 000	16 000
Total Equity and Debt	224 000	247 000	178 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,56 %	5,45 %	72,37 %	46,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,1 %	1,54 %	12,19 %	17,79 %
Current Ratio	19,4	4,42	5,31	8,19
Quick Ratio	19,4	4,42	5,31	8,19
Equity Ratio	0,96	0,82	0,86	0,93
Gross Profit Margin	71,18 %	60,38 %	71,04 %	100 %