LORENTZEN TRADING AS

8310 KABELVÅG

Finances

Return on Equity

6,12 %

Current Ratio

23,26

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 033 000	2 479 000	2 033 000	2 033 000
Net Income	1 596 000	733 000	3 359 000	3 562 000
Total Assets	37 283 000	37 525 000	38 111 000	36 834 000
Total Equity	26 059 000	24 463 000	26 931 000	25 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 033 000	2 479 000	2 033 000	2 033 000
Expenditure	1 422 000	1 220 000	1 279 000	1 060 000
Operating Profit	611 000	1 259 000	754 000	973 000
Financial Income	1 422 000	21 000	3 002 000	3 111 000
Financial Costs	382 000	338 000	296 000	341 000
Financial Balance	1 040 000	−317 000	2 706 000	2 770 000
Earnings Before Tax	1 651 000	942 000	3 460 000	3 743 000
Tax	55 000	209 000	101 000	181 000
Net Income	1 596 000	733 000	3 359 000	3 562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 399 000	29 491 000	24 756 000	30 607 000
Total Current Assets	5 884 000	8 034 000	13 355 000	6 227 000
Total Assets	37 283 000	37 525 000	38 111 000	36 834 000
Total Retained Equity	23 763 000	22 168 000	24 635 000	23 328 000
Total Equity	26 059 000	24 463 000	26 931 000	25 640 000
Total Long-Term Debt	10 971 000	11 807 000	9 481 000	9 868 000
Total Current Debt	253 000	1 255 000	1 699 000	1 326 000
Total Equity and Debt	37 283 000	37 525 000	38 111 000	36 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 033 000	2 033 000	2 033 000	2 033 000
Other Income	0	446 000	0	0
Revenue	2 033 000	2 479 000	2 033 000	2 033 000
Cost of Goods Sold	39 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	927 000	867 000	771 000	783 000
Impairment	0	0	0	0
Expenditure	1 422 000	1 220 000	1 279 000	1 060 000
Operating Profit	611 000	1 259 000	754 000	973 000
Financial Income	1 422 000	21 000	3 002 000	3 111 000
Financial Costs	382 000	338 000	296 000	341 000
Financial Balance	1 040 000	−317 000	2 706 000	2 770 000
Dividends	0	3 200 000	1 000 000	1 000 000
Net Income	1 596 000	733 000	3 359 000	3 562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 926 000	15 312 000	16 010 000	15 970 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 716 000	8 067 000	4 368 000	4 697 000
Total Tangible Assets	22 643 000	23 379 000	20 378 000	20 667 000
Total Fiancial Fixed Assets	8 756 000	6 112 000	4 377 000	9 940 000
Total Fixed Assets	31 399 000	29 491 000	24 756 000	30 607 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 427 000	7 909 000	10 034 000	2 988 000
Total Current Assets	5 884 000	8 034 000	13 355 000	6 227 000
Total Assets	37 283 000	37 525 000	38 111 000	36 834 000
Total Equity	26 059 000	24 463 000	26 931 000	25 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 971 000	11 807 000	9 481 000	9 868 000
Creditors	14 000	10 000	533 000	148 000
Unpaid Taxes	0	0	0	0
Dividends	0	3 200 000	1 000 000	1 000 000
Other Current Debt	239 000	1 245 000	157 000	178 000
Total Current Debt	253 000	1 255 000	1 699 000	1 326 000
Total Equity and Debt	37 283 000	37 525 000	38 111 000	36 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	3 %	12,47 %	13,89 %
Debt-to-Equity Ratio	0,42	0,48	0,35	0,38
Operating Profit Margin	30,05 %	50,79 %	37,09 %	47,86 %
Current Ratio	23,26	6,4	7,86	4,7
Quick Ratio	23,26	6,4	7,86	4,7
Equity Ratio	0,7	0,65	0,71	0,7
Gross Profit Margin	98,08 %	100 %	100 %	100 %