LBC AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−41,67 %

Current Ratio

1,28

Debt-to-Equity Ratio

46,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 506 000	3 203 000	3 258 000	3 078 000
Net Income	−5 000	145 000	375 000	256 000
Total Assets	1 822 000	1 692 000	2 011 000	1 048 000
Total Equity	12 000	30 000	443 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 506 000	3 203 000	3 258 000	3 078 000
Expenditure	3 663 000	2 830 000	2 757 000	2 801 000
Operating Profit	−158 000	373 000	500 000	276 000
Financial Income	−1 000	0	−1 000	−1 000
Financial Costs	18 000	22 000	20 000	20 000
Financial Balance	−19 000	−22 000	−21 000	−21 000
Earnings Before Tax	−177 000	351 000	479 000	256 000
Tax	−172 000	207 000	105 000	0
Net Income	−5 000	145 000	375 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	545 000	1 056 000	661 000
Total Current Assets	1 596 000	1 147 000	955 000	387 000
Total Assets	1 822 000	1 692 000	2 011 000	1 048 000
Total Retained Equity	−59 000	−50 000	363 000	5 000
Total Equity	12 000	30 000	443 000	75 000
Total Long-Term Debt	560 000	644 000	802 000	334 000
Total Current Debt	1 250 000	1 018 000	765 000	639 000
Total Equity and Debt	1 822 000	1 692 000	2 011 000	1 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 506 000	3 247 000	3 258 000	3 078 000
Other Income	0	−44 000	0	0
Revenue	3 506 000	3 203 000	3 258 000	3 078 000
Cost of Goods Sold	1 131 000	1 257 000	1 205 000	1 252 000
Salary Costs	1 720 000	913 000	888 000	882 000
Depreciation	302 000	212 000	201 000	139 000
Impairment	0	0	0	0
Expenditure	3 663 000	2 830 000	2 757 000	2 801 000
Operating Profit	−158 000	373 000	500 000	276 000
Financial Income	−1 000	0	−1 000	−1 000
Financial Costs	18 000	22 000	20 000	20 000
Financial Balance	−19 000	−22 000	−21 000	−21 000
Dividends	0	599 000	0	0
Net Income	−5 000	145 000	375 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	2 000
Real Eastate	0	0	298 000	298 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	217 000	545 000	771 000	375 000
Total Tangible Assets	217 000	545 000	1 069 000	673 000
Total Fiancial Fixed Assets	8 000	0	−14 000	−14 000
Total Fixed Assets	226 000	545 000	1 056 000	661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 416 000	1 116 000	781 000	219 000
Total Current Assets	1 596 000	1 147 000	955 000	387 000
Total Assets	1 822 000	1 692 000	2 011 000	1 048 000
Total Equity	12 000	30 000	443 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	560 000	644 000	802 000	334 000
Creditors	−28 000	−28 000	270 000	270 000
Unpaid Taxes	299 000	66 000	252 000	226 000
Dividends	0	599 000	0	0
Other Current Debt	268 000	114 000	175 000	142 000
Total Current Debt	1 250 000	1 018 000	765 000	639 000
Total Equity and Debt	1 822 000	1 692 000	2 011 000	1 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,67 %	483,33 %	84,65 %	341,33 %
Debt-to-Equity Ratio	46,67	21,47	1,81	4,45
Operating Profit Margin	−4,51 %	11,65 %	15,35 %	8,97 %
Current Ratio	1,28	1,13	1,25	0,61
Quick Ratio	1,28	1,13	1,25	0,61
Equity Ratio	0,01	0,02	0,22	0,07
Gross Profit Margin	67,74 %	60,76 %	63,01 %	59,32 %