LORENTZEN GROUP AS

1166 OSLO

Finances

Return on Equity

−15,32 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	769 000	1 042 000	316 000	142 000
Net Income	−17 000	75 000	183 000	−204 000
Total Assets	286 000	247 000	204 000	48 000
Total Equity	111 000	127 000	52 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	769 000	1 042 000	316 000	142 000
Expenditure	724 000	948 000	102 000	364 000
Operating Profit	44 000	94 000	214 000	−222 000
Financial Income	0	10 000	0	12 000
Financial Costs	52 000	18 000	20 000	0
Financial Balance	−52 000	−8 000	−20 000	12 000
Earnings Before Tax	−8 000	86 000	195 000	−210 000
Tax	9 000	11 000	12 000	−6 000
Net Income	−17 000	75 000	183 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	71 000	53 000	48 000
Total Current Assets	233 000	175 000	150 000	−1 000
Total Assets	286 000	247 000	204 000	48 000
Total Retained Equity	92 000	109 000	34 000	−149 000
Total Equity	111 000	127 000	52 000	−130 000
Total Long-Term Debt	0	11 000	0	0
Total Current Debt	176 000	109 000	151 000	178 000
Total Equity and Debt	286 000	247 000	204 000	48 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	722 000	1 042 000	316 000	142 000
Other Income	46 000	0	0	0
Revenue	769 000	1 042 000	316 000	142 000
Cost of Goods Sold	680 000	867 000	34 000	14 000
Salary Costs	0	19 000	0	253 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	724 000	948 000	102 000	364 000
Operating Profit	44 000	94 000	214 000	−222 000
Financial Income	0	10 000	0	12 000
Financial Costs	52 000	18 000	20 000	0
Financial Balance	−52 000	−8 000	−20 000	12 000
Dividends	0	0	0	0
Net Income	−17 000	75 000	183 000	−204 000

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	53 000	71 000	53 000	48 000
Total Fixed Assets	53 000	71 000	53 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	0	−1 000
Total Current Assets	233 000	175 000	150 000	−1 000
Total Assets	286 000	247 000	204 000	48 000
Total Equity	111 000	127 000	52 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	0	0
Creditors	43 000	15 000	32 000	47 000
Unpaid Taxes	79 000	63 000	80 000	69 000
Dividends	0	0	0	0
Other Current Debt	34 000	30 000	39 000	62 000
Total Current Debt	176 000	109 000	151 000	178 000
Total Equity and Debt	286 000	247 000	204 000	48 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,32 %	59,06 %	351,92 %	156,92 %
Debt-to-Equity Ratio	0	0,09	0	−0
Operating Profit Margin	5,72 %	9,02 %	67,72 %	−156,34 %
Current Ratio	1,32	1,61	0,99	−0,01
Quick Ratio	1,32	1,61	0,99	−0,01
Equity Ratio	0,39	0,51	0,25	−2,71
Gross Profit Margin	11,57 %	16,79 %	89,24 %	90,14 %