LÅGEN VEIDRIFT AS

3275 SVARSTAD

Finances

Share Ownership

Return on Equity

55,43 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 618 000	1 689 000	540 000	776 000
Net Income	633 000	57 000	52 000	79 000
Total Assets	1 946 000	1 134 000	573 000	628 000
Total Equity	1 142 000	510 000	453 000	401 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 618 000	1 689 000	540 000	776 000
Expenditure	3 803 000	1 616 000	473 000	674 000
Operating Profit	814 000	73 000	66 000	102 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	1 000
Financial Balance	−3 000	0	0	−1 000
Earnings Before Tax	811 000	73 000	66 000	101 000
Tax	179 000	16 000	15 000	22 000
Net Income	633 000	57 000	52 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	125 000	100 000	154 000
Total Current Assets	1 830 000	1 009 000	473 000	474 000
Total Assets	1 946 000	1 134 000	573 000	628 000
Total Retained Equity	1 112 000	480 000	423 000	371 000
Total Equity	1 142 000	510 000	453 000	401 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	804 000	625 000	120 000	227 000
Total Equity and Debt	1 946 000	1 134 000	573 000	628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 588 000	1 675 000	540 000	776 000
Other Income	29 000	13 000	0	0
Revenue	4 618 000	1 689 000	540 000	776 000
Cost of Goods Sold	818 000	5 000	173 000	530 000
Salary Costs	1 999 000	1 399 000	0	0
Depreciation	29 000	41 000	60 000	65 000
Impairment	0	0	0	0
Expenditure	3 803 000	1 616 000	473 000	674 000
Operating Profit	814 000	73 000	66 000	102 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	1 000
Financial Balance	−3 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	633 000	57 000	52 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	8 000	11 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	110 000	117 000	89 000	149 000
Fixtures	0	0	0	0
Total Tangible Assets	110 000	117 000	89 000	149 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	117 000	125 000	100 000	154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	293 000	227 000	6 000	4 000
Total Current Assets	1 830 000	1 009 000	473 000	474 000
Total Assets	1 946 000	1 134 000	573 000	628 000
Total Equity	1 142 000	510 000	453 000	401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	98 000	18 000	0	44 000
Unpaid Taxes	342 000	478 000	32 000	20 000
Dividends	0	0	0	0
Other Current Debt	187 000	115 000	68 000	147 000
Total Current Debt	804 000	625 000	120 000	227 000
Total Equity and Debt	1 946 000	1 134 000	573 000	628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,43 %	11,18 %	11,48 %	19,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,63 %	4,32 %	12,22 %	13,14 %
Current Ratio	2,28	1,61	3,94	2,09
Quick Ratio	2,28	1,61	3,94	2,09
Equity Ratio	0,59	0,45	0,79	0,64
Gross Profit Margin	82,29 %	99,7 %	67,96 %	31,7 %