LUBBERS NORWAY AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−111,98 %

Current Ratio

2,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 100 000	2 100 000	2 100 000	2 100 000
Net Income	−243 000	−42 000	84 000	−22 000
Total Assets	347 000	591 000	637 000	577 000
Total Equity	217 000	461 000	503 000	419 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 100 000	2 100 000	2 100 000	2 100 000
Expenditure	2 343 000	2 142 000	1 998 000	2 121 000
Operating Profit	−243 000	−42 000	102 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−243 000	−42 000	102 000	−22 000
Tax	0	0	19 000	0
Net Income	−243 000	−42 000	84 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	347 000	591 000	637 000	577 000
Total Assets	347 000	591 000	637 000	577 000
Total Retained Equity	187 000	431 000	473 000	389 000
Total Equity	217 000	461 000	503 000	419 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	130 000	130 000	134 000	158 000
Total Equity and Debt	347 000	591 000	637 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 100 000	2 100 000	2 100 000	2 100 000
Other Income	0	0	0	0
Revenue	2 100 000	2 100 000	2 100 000	2 100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 057 000	1 939 000	1 782 000	1 815 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 343 000	2 142 000	1 998 000	2 121 000
Operating Profit	−243 000	−42 000	102 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−243 000	−42 000	84 000	−22 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	571 000	615 000	552 000
Total Current Assets	347 000	591 000	637 000	577 000
Total Assets	347 000	591 000	637 000	577 000
Total Equity	217 000	461 000	503 000	419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	14 000	6 000	18 000
Unpaid Taxes	118 000	116 000	109 000	113 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	27 000
Total Current Debt	130 000	130 000	134 000	158 000
Total Equity and Debt	347 000	591 000	637 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,98 %	−9,11 %	16,7 %	−5,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,57 %	−2 %	4,86 %	−1 %
Current Ratio	2,67	4,55	4,75	3,65
Quick Ratio	2,67	4,55	4,75	3,65
Equity Ratio	0,63	0,78	0,79	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %