LEGE LARS CHRISTIAN KVALBEIN-OLSEN AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

79,68 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 266 000	2 022 000	1 289 000	1 295 000
Net Income	200 000	795 000	243 000	308 000
Total Assets	972 000	1 193 000	584 000	717 000
Total Equity	251 000	349 000	54 000	51 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 266 000	2 022 000	1 289 000	1 295 000
Expenditure	1 001 000	1 000 000	967 000	892 000
Operating Profit	266 000	1 022 000	321 000	403 000
Financial Income	0	0	0	0
Financial Costs	10 000	3 000	9 000	8 000
Financial Balance	−10 000	−3 000	−9 000	−8 000
Earnings Before Tax	256 000	1 019 000	312 000	395 000
Tax	56 000	224 000	69 000	87 000
Net Income	200 000	795 000	243 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	567 000	205 000	277 000	353 000
Total Current Assets	406 000	988 000	307 000	363 000
Total Assets	972 000	1 193 000	584 000	717 000
Total Retained Equity	201 000	299 000	4 000	1 000
Total Equity	251 000	349 000	54 000	51 000
Total Long-Term Debt	325 000	76 000	105 000	158 000
Total Current Debt	396 000	769 000	425 000	507 000
Total Equity and Debt	972 000	1 193 000	584 000	717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	349 000	459 000	366 000	538 000
Other Income	917 000	1 563 000	923 000	757 000
Revenue	1 266 000	2 022 000	1 289 000	1 295 000
Cost of Goods Sold	0	0	0	0
Salary Costs	769 000	749 000	730 000	557 000
Depreciation	69 000	72 000	76 000	78 000
Impairment	0	0	0	0
Expenditure	1 001 000	1 000 000	967 000	892 000
Operating Profit	266 000	1 022 000	321 000	403 000
Financial Income	0	0	0	0
Financial Costs	10 000	3 000	9 000	8 000
Financial Balance	−10 000	−3 000	−9 000	−8 000
Dividends	298 000	500 000	240 000	472 000
Net Income	200 000	795 000	243 000	308 000

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	567 000	205 000	277 000	353 000
Total Tangible Assets	567 000	205 000	277 000	353 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	567 000	205 000	277 000	353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 000	768 000	135 000	197 000
Total Current Assets	406 000	988 000	307 000	363 000
Total Assets	972 000	1 193 000	584 000	717 000
Total Equity	251 000	349 000	54 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	325 000	76 000	105 000	158 000
Creditors	0	0	0	0
Unpaid Taxes	63 000	54 000	52 000	47 000
Dividends	298 000	500 000	240 000	472 000
Other Current Debt	268 000	64 000	63 000	67 000
Total Current Debt	396 000	769 000	425 000	507 000
Total Equity and Debt	972 000	1 193 000	584 000	717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,68 %	227,79 %	450 %	603,92 %
Debt-to-Equity Ratio	1,29	0,22	1,94	3,1
Operating Profit Margin	21,01 %	50,54 %	24,9 %	31,12 %
Current Ratio	1,03	1,28	0,72	0,72
Quick Ratio	1,03	1,28	0,72	0,72
Equity Ratio	0,26	0,29	0,09	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %