LAVANGEN ENTREPRENØR AS

9357 TENNEVOLL

Finances

Return on Equity

116,2 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 408 000	30 262 000	7 756 000	12 272 000
Net Income	3 973 000	1 283 000	−5 745 000	−4 148 000
Total Assets	11 072 000	10 882 000	7 462 000	11 176 000
Total Equity	3 419 000	−554 000	−1 837 000	3 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 408 000	30 262 000	7 756 000	12 272 000
Expenditure	25 498 000	29 035 000	12 072 000	17 676 000
Operating Profit	3 909 000	1 226 000	−4 316 000	−5 403 000
Financial Income	85 000	81 000	83 000	85 000
Financial Costs	21 000	24 000	31 000	1 000
Financial Balance	64 000	57 000	52 000	84 000
Earnings Before Tax	3 973 000	1 283 000	−4 264 000	−5 319 000
Tax	0	0	1 481 000	−1 170 000
Net Income	3 973 000	1 283 000	−5 745 000	−4 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 917 000	2 708 000	2 679 000	4 075 000
Total Current Assets	8 154 000	8 174 000	4 783 000	7 102 000
Total Assets	11 072 000	10 882 000	7 462 000	11 176 000
Total Retained Equity	1 919 000	−2 054 000	−3 337 000	2 408 000
Total Equity	3 419 000	−554 000	−1 837 000	3 908 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 653 000	11 436 000	9 298 000	7 268 000
Total Equity and Debt	11 072 000	10 882 000	7 462 000	11 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 396 000	30 262 000	7 756 000	12 272 000
Other Income	11 000	0	0	0
Revenue	29 408 000	30 262 000	7 756 000	12 272 000
Cost of Goods Sold	16 287 000	20 332 000	6 537 000	9 768 000
Salary Costs	4 709 000	5 036 000	3 701 000	2 370 000
Depreciation	158 000	149 000	143 000	151 000
Impairment	0	0	0	0
Expenditure	25 498 000	29 035 000	12 072 000	17 676 000
Operating Profit	3 909 000	1 226 000	−4 316 000	−5 403 000
Financial Income	85 000	81 000	83 000	85 000
Financial Costs	21 000	24 000	31 000	1 000
Financial Balance	64 000	57 000	52 000	84 000
Dividends	0	0	0	0
Net Income	3 973 000	1 283 000	−5 745 000	−4 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 177 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	531 000	352 000	258 000	379 000
Total Tangible Assets	531 000	352 000	258 000	379 000
Total Fiancial Fixed Assets	2 386 000	2 357 000	2 421 000	2 518 000
Total Fixed Assets	2 917 000	2 708 000	2 679 000	4 075 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 281 000	2 033 000	473 000	309 000
Total Current Assets	8 154 000	8 174 000	4 783 000	7 102 000
Total Assets	11 072 000	10 882 000	7 462 000	11 176 000
Total Equity	3 419 000	−554 000	−1 837 000	3 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 225 000	5 447 000	2 591 000	2 340 000
Unpaid Taxes	693 000	333 000	418 000	492 000
Dividends	0	0	0	0
Other Current Debt	5 735 000	5 353 000	5 986 000	4 437 000
Total Current Debt	7 653 000	11 436 000	9 298 000	7 268 000
Total Equity and Debt	11 072 000	10 882 000	7 462 000	11 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,2 %	−231,59 %	312,74 %	−106,14 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	13,29 %	4,05 %	−55,65 %	−44,03 %
Current Ratio	1,07	0,71	0,51	0,98
Quick Ratio	1,07	0,71	0,51	0,98
Equity Ratio	0,31	−0,05	−0,25	0,35
Gross Profit Margin	44,62 %	32,81 %	15,72 %	20,4 %