LMC SCANDINAVIAN DRIFT AS

0653 OSLO

Finances

Share Ownership

Return on Equity

48,13 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 396 000	8 647 000	15 839 000	29 236 000
Net Income	−952 000	−1 056 000	−4 786 000	3 029 000
Total Assets	21 080 000	24 297 000	25 219 000	57 414 000
Total Equity	−1 978 000	−1 026 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 396 000	8 647 000	15 839 000	29 236 000
Expenditure	2 362 000	9 698 000	21 974 000	25 440 000
Operating Profit	−967 000	−1 052 000	−6 134 000	3 795 000
Financial Income	29 000	4 000	3 000	1 360 000
Financial Costs	14 000	8 000	5 000	1 272 000
Financial Balance	15 000	−4 000	−2 000	88 000
Earnings Before Tax	−952 000	−1 056 000	−6 136 000	3 883 000
Tax	0	0	−1 350 000	854 000
Net Income	−952 000	−1 056 000	−4 786 000	3 029 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 496 000	20 624 000	16 996 000	55 191 000
Total Current Assets	8 584 000	3 673 000	8 224 000	2 223 000
Total Assets	21 080 000	24 297 000	25 219 000	57 414 000
Total Retained Equity	−11 160 000	−10 208 000	−9 152 000	−4 366 000
Total Equity	−1 978 000	−1 026 000	30 000	30 000
Total Long-Term Debt	365 000	384 000	441 000	450 000
Total Current Debt	22 693 000	24 938 000	24 748 000	56 934 000
Total Equity and Debt	21 080 000	24 297 000	25 219 000	57 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 396 000	6 249 000	15 839 000	29 236 000
Other Income	0	2 398 000	0	0
Revenue	1 396 000	8 647 000	15 839 000	29 236 000
Cost of Goods Sold	1 092 000	4 198 000	12 942 000	16 349 000
Salary Costs	151 000	558 000	302 000	112 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 362 000	9 698 000	21 974 000	25 440 000
Operating Profit	−967 000	−1 052 000	−6 134 000	3 795 000
Financial Income	29 000	4 000	3 000	1 360 000
Financial Costs	14 000	8 000	5 000	1 272 000
Financial Balance	15 000	−4 000	−2 000	88 000
Dividends	0	0	0	0
Net Income	−952 000	−1 056 000	−4 786 000	3 029 000

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	12 496 000	20 624 000	16 996 000	55 191 000
Total Fixed Assets	12 496 000	20 624 000	16 996 000	55 191 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	542 000	661 000	675 000	2 044 000
Total Current Assets	8 584 000	3 673 000	8 224 000	2 223 000
Total Assets	21 080 000	24 297 000	25 219 000	57 414 000
Total Equity	−1 978 000	−1 026 000	30 000	30 000
Short-Term Group Debt	0	0	0	3 966 000
Total Long-Term Debt	365 000	384 000	441 000	450 000
Creditors	22 431 000	24 634 000	22 417 000	51 843 000
Unpaid Taxes	8 000	42 000	109 000	567 000
Dividends	0	0	0	0
Other Current Debt	254 000	263 000	2 222 000	558 000
Total Current Debt	22 693 000	24 938 000	24 748 000	56 934 000
Total Equity and Debt	21 080 000	24 297 000	25 219 000	57 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,13 %	102,92 %	−15 953,33 %	10 096,67 %
Debt-to-Equity Ratio	−0,18	−0,37	14,7	15
Operating Profit Margin	−69,27 %	−12,17 %	−38,73 %	12,98 %
Current Ratio	0,38	0,15	0,33	0,04
Quick Ratio	0,38	0,15	0,33	0,04
Equity Ratio	−0,09	−0,04	0	0
Gross Profit Margin	21,78 %	51,45 %	18,29 %	44,08 %