NORSKE LAFTEHUS AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

80,13 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2019	2018	2017	2016
Revenue	8 878 000	13 214 000	11 218 000	14 887 000
Net Income	−1 742 000	−185 000	−2 611 000	822 000
Total Assets	1 051 000	3 220 000	2 737 000	3 453 000
Total Equity	−2 174 000	−432 000	−247 000	827 000

Income (NOK)	2019	2018	2017	2016
Revenue	8 878 000	13 214 000	11 218 000	14 887 000
Expenditure	10 509 000	13 367 000	10 857 000	13 690 000
Operating Profit	−1 631 000	−153 000	360 000	1 197 000
Financial Income	4 000	25 000	105 000	1 000
Financial Costs	114 000	58 000	5 000	106 000
Financial Balance	−110 000	−33 000	100 000	−105 000
Earnings Before Tax	−1 742 000	−185 000	459 000	1 091 000
Tax	0	0	−5 000	269 000
Net Income	−1 742 000	−185 000	−2 611 000	822 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	0	275 000	355 000	97 000
Total Current Assets	1 051 000	2 944 000	2 382 000	3 356 000
Total Assets	1 051 000	3 220 000	2 737 000	3 453 000
Total Retained Equity	−2 204 000	−462 000	−277 000	797 000
Total Equity	−2 174 000	−432 000	−247 000	827 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	3 225 000	3 652 000	2 983 000	2 621 000
Total Equity and Debt	1 051 000	3 220 000	2 737 000	3 453 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	8 776 000	13 214 000	11 218 000	14 887 000
Other Income	102 000	0	0	0
Revenue	8 878 000	13 214 000	11 218 000	14 887 000
Cost of Goods Sold	8 378 000	11 508 000	9 440 000	12 746 000
Salary Costs	957 000	580 000	904 000	629 000
Depreciation	79 000	79 000	27 000	14 000
Impairment	0	0	0	0
Expenditure	10 509 000	13 367 000	10 857 000	13 690 000
Operating Profit	−1 631 000	−153 000	360 000	1 197 000
Financial Income	4 000	25 000	105 000	1 000
Financial Costs	114 000	58 000	5 000	106 000
Financial Balance	−110 000	−33 000	100 000	−105 000
Dividends	0	0	0	0
Net Income	−1 742 000	−185 000	−2 611 000	822 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	52 000	55 000	72 000
Fixtures	0	223 000	299 000	24 000
Total Tangible Assets	0	275 000	355 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	275 000	355 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	329 000	416 000	632 000
Total Current Assets	1 051 000	2 944 000	2 382 000	3 356 000
Total Assets	1 051 000	3 220 000	2 737 000	3 453 000
Total Equity	−2 174 000	−432 000	−247 000	827 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	298 000	0	0	0
Unpaid Taxes	953 000	760 000	154 000	569 000
Dividends	0	0	0	0
Other Current Debt	1 975 000	2 892 000	2 829 000	1 788 000
Total Current Debt	3 225 000	3 652 000	2 983 000	2 621 000
Total Equity and Debt	1 051 000	3 220 000	2 737 000	3 453 000

Financial indicators	2019	2018	2017	2016
Return on Equity	80,13 %	42,82 %	1 057,09 %	99,4 %
Debt-to-Equity Ratio	−0	−0	−0	0,01
Operating Profit Margin	−18,37 %	−1,16 %	3,21 %	8,04 %
Current Ratio	0,33	0,81	0,8	1,28
Quick Ratio	0,33	0,81	0,8	1,28
Equity Ratio	−2,07	−0,13	−0,09	0,24
Gross Profit Margin	5,63 %	12,91 %	15,85 %	14,38 %