LARS TERJE GODØ AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

85,19 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	861 000	214 000	218 000	353 000
Net Income	483 000	−37 000	−37 000	49 000
Total Assets	994 000	185 000	240 000	375 000
Total Equity	567 000	83 000	121 000	158 000

Income (NOK)	2022	2021	2020	2019
Revenue	861 000	214 000	218 000	353 000
Expenditure	250 000	252 000	265 000	291 000
Operating Profit	611 000	−38 000	−47 000	62 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	613 000	−37 000	−47 000	63 000
Tax	130 000	0	−10 000	14 000
Net Income	483 000	−37 000	−37 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	60 000	107 000	154 000
Total Current Assets	994 000	125 000	133 000	221 000
Total Assets	994 000	185 000	240 000	375 000
Total Retained Equity	549 000	65 000	103 000	140 000
Total Equity	567 000	83 000	121 000	158 000
Total Long-Term Debt	53 000	82 000	103 000	150 000
Total Current Debt	373 000	20 000	17 000	67 000
Total Equity and Debt	994 000	185 000	240 000	375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	861 000	214 000	218 000	353 000
Other Income	0	0	0	0
Revenue	861 000	214 000	218 000	353 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	0	0	0	0
Depreciation	11 000	13 000	13 000	20 000
Impairment	0	0	0	0
Expenditure	250 000	252 000	265 000	291 000
Operating Profit	611 000	−38 000	−47 000	62 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	483 000	−37 000	−37 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	24 000	37 000
Total Tangible Assets	0	11 000	24 000	37 000
Total Fiancial Fixed Assets	0	49 000	83 000	117 000
Total Fixed Assets	0	60 000	107 000	154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	994 000	51 000	105 000	150 000
Total Current Assets	994 000	125 000	133 000	221 000
Total Assets	994 000	185 000	240 000	375 000
Total Equity	567 000	83 000	121 000	158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	82 000	103 000	150 000
Creditors	76 000	14 000	17 000	18 000
Unpaid Taxes	168 000	5 000	0	36 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	373 000	20 000	17 000	67 000
Total Equity and Debt	994 000	185 000	240 000	375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,19 %	−44,58 %	−30,58 %	31,01 %
Debt-to-Equity Ratio	0,09	0,99	0,85	0,95
Operating Profit Margin	70,96 %	−17,76 %	−21,56 %	17,56 %
Current Ratio	2,66	6,25	7,82	3,3
Quick Ratio	2,66	6,25	7,82	3,3
Equity Ratio	0,57	0,45	0,5	0,42
Gross Profit Margin	100 %	100 %	100 %	99,15 %