LÆRVARER AS

5536 HAUGESUND

Finances

Return on Equity

35,89 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 354 000	2 876 000	2 702 000	3 755 000
Net Income	337 000	−13 000	−31 000	59 000
Total Assets	1 556 000	966 000	1 008 000	1 251 000
Total Equity	939 000	602 000	614 000	645 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 354 000	2 876 000	2 702 000	3 755 000
Expenditure	3 976 000	2 886 000	2 727 000	3 692 000
Operating Profit	378 000	−10 000	−24 000	63 000
Financial Income	2 000	1 000	0	0
Financial Costs	7 000	4 000	7 000	4 000
Financial Balance	−5 000	−3 000	−7 000	−4 000
Earnings Before Tax	373 000	−13 000	−31 000	59 000
Tax	36 000	0	0	0
Net Income	337 000	−13 000	−31 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	74 000	100 000	118 000
Total Current Assets	1 506 000	892 000	908 000	1 133 000
Total Assets	1 556 000	966 000	1 008 000	1 251 000
Total Retained Equity	839 000	502 000	514 000	545 000
Total Equity	939 000	602 000	614 000	645 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	617 000	364 000	394 000	606 000
Total Equity and Debt	1 556 000	966 000	1 008 000	1 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 351 000	2 809 000	2 535 000	3 755 000
Other Income	3 000	67 000	167 000	0
Revenue	4 354 000	2 876 000	2 702 000	3 755 000
Cost of Goods Sold	1 995 000	1 317 000	1 188 000	1 767 000
Salary Costs	1 156 000	689 000	634 000	1 000 000
Depreciation	23 000	26 000	19 000	12 000
Impairment	0	0	0	0
Expenditure	3 976 000	2 886 000	2 727 000	3 692 000
Operating Profit	378 000	−10 000	−24 000	63 000
Financial Income	2 000	1 000	0	0
Financial Costs	7 000	4 000	7 000	4 000
Financial Balance	−5 000	−3 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	337 000	−13 000	−31 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 000	52 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	19 000	97 000	115 000
Total Tangible Assets	47 000	71 000	97 000	115 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	50 000	74 000	100 000	118 000
Stock	365 000	353 000	415 000	351 000
Total Investments	0	0	0	0
Cash, Bank	1 007 000	531 000	439 000	769 000
Total Current Assets	1 506 000	892 000	908 000	1 133 000
Total Assets	1 556 000	966 000	1 008 000	1 251 000
Total Equity	939 000	602 000	614 000	645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	167 000	66 000	146 000	246 000
Unpaid Taxes	264 000	193 000	169 000	229 000
Dividends	0	0	0	0
Other Current Debt	151 000	105 000	78 000	131 000
Total Current Debt	617 000	364 000	394 000	606 000
Total Equity and Debt	1 556 000	966 000	1 008 000	1 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,89 %	−2,16 %	−5,05 %	9,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,68 %	−0,35 %	−0,89 %	1,68 %
Current Ratio	2,44	2,45	2,3	1,87
Quick Ratio	5,98	81,09	−43,24	4,44
Equity Ratio	0,6	0,62	0,61	0,52
Gross Profit Margin	54,18 %	54,21 %	56,03 %	52,94 %