LØRENSKOG AUTO CARE AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

11,89 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 795 000	4 816 000	4 716 000	3 358 000
Net Income	113 000	640 000	560 000	−58 000
Total Assets	2 361 000	2 582 000	1 846 000	1 757 000
Total Equity	950 000	1 912 000	1 273 000	713 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 795 000	4 816 000	4 716 000	3 358 000
Expenditure	4 649 000	3 983 000	3 989 000	3 403 000
Operating Profit	145 000	832 000	727 000	−45 000
Financial Income	0	0	0	3 000
Financial Costs	0	12 000	9 000	16 000
Financial Balance	0	−12 000	−9 000	−13 000
Earnings Before Tax	145 000	820 000	718 000	−58 000
Tax	33 000	180 000	158 000	0
Net Income	113 000	640 000	560 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 785 000	1 704 000	691 000	845 000
Total Current Assets	576 000	877 000	1 154 000	912 000
Total Assets	2 361 000	2 582 000	1 846 000	1 757 000
Total Retained Equity	920 000	1 882 000	1 243 000	683 000
Total Equity	950 000	1 912 000	1 273 000	713 000
Total Long-Term Debt	40 000	0	0	8 000
Total Current Debt	1 370 000	669 000	573 000	1 037 000
Total Equity and Debt	2 361 000	2 582 000	1 846 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 808 000	4 714 000	4 700 000	3 358 000
Other Income	−14 000	102 000	15 000	0
Revenue	4 795 000	4 816 000	4 716 000	3 358 000
Cost of Goods Sold	300 000	95 000	140 000	134 000
Salary Costs	2 631 000	2 204 000	2 117 000	1 966 000
Depreciation	179 000	172 000	169 000	211 000
Impairment	0	0	0	0
Expenditure	4 649 000	3 983 000	3 989 000	3 403 000
Operating Profit	145 000	832 000	727 000	−45 000
Financial Income	0	0	0	3 000
Financial Costs	0	12 000	9 000	16 000
Financial Balance	0	−12 000	−9 000	−13 000
Dividends	1 075 000	0	0	0
Net Income	113 000	640 000	560 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	423 000	529 000	661 000	826 000
Total Intangible Assets	423 000	529 000	661 000	826 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	239 000	136 000	16 000	19 000
Total Tangible Assets	239 000	136 000	16 000	19 000
Total Fiancial Fixed Assets	1 123 000	1 040 000	15 000	0
Total Fixed Assets	1 785 000	1 704 000	691 000	845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	705 000	1 094 000	482 000
Total Current Assets	576 000	877 000	1 154 000	912 000
Total Assets	2 361 000	2 582 000	1 846 000	1 757 000
Total Equity	950 000	1 912 000	1 273 000	713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	0	0	8 000
Creditors	205 000	8 000	71 000	624 000
Unpaid Taxes	414 000	323 000	293 000	151 000
Dividends	1 075 000	0	0	0
Other Current Debt	194 000	157 000	51 000	262 000
Total Current Debt	1 370 000	669 000	573 000	1 037 000
Total Equity and Debt	2 361 000	2 582 000	1 846 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,89 %	33,47 %	43,99 %	−8,13 %
Debt-to-Equity Ratio	0,04	0	0	0,01
Operating Profit Margin	3,02 %	17,28 %	15,42 %	−1,34 %
Current Ratio	0,42	1,31	2,01	0,88
Quick Ratio	0,42	1,31	2,01	0,88
Equity Ratio	0,4	0,74	0,69	0,41
Gross Profit Margin	93,74 %	98,03 %	97,03 %	96,01 %