LERØY FOSSEN AS

5281 VALESTRANDSFOSSEN

Finances

Return on Equity

−48,6 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	416 599 000	340 550 000	333 379 000	367 061 000
Net Income	−21 408 000	−13 505 000	−2 769 000	−15 150 000
Total Assets	157 603 000	149 834 000	146 787 000	148 340 000
Total Equity	44 052 000	46 408 000	49 095 000	50 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	416 599 000	340 550 000	333 379 000	367 061 000
Expenditure	442 139 000	356 484 000	334 553 000	384 586 000
Operating Profit	−25 540 000	−15 935 000	−1 174 000	−17 524 000
Financial Income	35 000	121 000	−2 336 000	−1 837 000
Financial Costs	1 927 000	1 536 000	0	0
Financial Balance	−1 892 000	−1 415 000	−2 336 000	−1 837 000
Earnings Before Tax	−27 431 000	−17 349 000	−3 510 000	−19 361 000
Tax	−6 024 000	−3 845 000	−741 000	−4 211 000
Net Income	−21 408 000	−13 505 000	−2 769 000	−15 150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 733 000	60 018 000	68 755 000	65 096 000
Total Current Assets	105 870 000	89 816 000	78 033 000	83 244 000
Total Assets	157 603 000	149 834 000	146 787 000	148 340 000
Total Retained Equity	−64 214 000	−42 807 000	−29 302 000	−26 533 000
Total Equity	44 052 000	46 408 000	49 095 000	50 212 000
Total Long-Term Debt	21 670 000	24 556 000	27 535 000	31 693 000
Total Current Debt	91 881 000	78 871 000	70 157 000	66 434 000
Total Equity and Debt	157 603 000	149 834 000	146 787 000	148 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	416 599 000	340 550 000	333 379 000	364 653 000
Other Income	0	0	0	2 408 000
Revenue	416 599 000	340 550 000	333 379 000	367 061 000
Cost of Goods Sold	345 096 000	254 523 000	227 505 000	285 512 000
Salary Costs	60 504 000	67 683 000	72 988 000	65 230 000
Depreciation	9 629 000	10 476 000	10 949 000	11 729 000
Impairment	0	0	0	0
Expenditure	442 139 000	356 484 000	334 553 000	384 586 000
Operating Profit	−25 540 000	−15 935 000	−1 174 000	−17 524 000
Financial Income	35 000	121 000	−2 336 000	−1 837 000
Financial Costs	1 927 000	1 536 000	0	0
Financial Balance	−1 892 000	−1 415 000	−2 336 000	−1 837 000
Dividends	0	0	0	0
Net Income	−21 408 000	−13 505 000	−2 769 000	−15 150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 722 000	4 072 000	3 278 000	3 003 000
Real Eastate	39 708 000	44 095 000	48 392 000	46 288 000
Machinery and Plant Facilities	7 293 000	11 841 000	0	0
Fixtures	0	0	17 074 000	15 794 000
Total Tangible Assets	47 001 000	55 936 000	65 466 000	62 082 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	51 733 000	60 018 000	68 755 000	65 096 000
Stock	36 119 000	39 678 000	35 786 000	23 466 000
Total Investments	0	0	0	0
Cash, Bank	2 524 000	2 920 000	3 253 000	2 832 000
Total Current Assets	105 870 000	89 816 000	78 033 000	83 244 000
Total Assets	157 603 000	149 834 000	146 787 000	148 340 000
Total Equity	44 052 000	46 408 000	49 095 000	50 212 000
Short-Term Group Debt	18 038 000	17 344 000	16 961 000	25 000 000
Total Long-Term Debt	21 670 000	24 556 000	27 535 000	31 693 000
Creditors	63 950 000	50 364 000	31 739 000	23 947 000
Unpaid Taxes	4 116 000	4 895 000	7 863 000	5 442 000
Dividends	0	0	0	0
Other Current Debt	5 236 000	6 268 000	6 774 000	7 480 000
Total Current Debt	91 881 000	78 871 000	70 157 000	66 434 000
Total Equity and Debt	157 603 000	149 834 000	146 787 000	148 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,6 %	−29,1 %	−5,64 %	−30,17 %
Debt-to-Equity Ratio	0,49	0,53	0,56	0,63
Operating Profit Margin	−6,13 %	−4,68 %	−0,35 %	−4,77 %
Current Ratio	1,15	1,14	1,11	1,25
Quick Ratio	1,9	2,29	2,27	1,94
Equity Ratio	0,28	0,31	0,33	0,34
Gross Profit Margin	17,16 %	25,26 %	31,76 %	22,22 %