L.K.LORENTZENS FAMILIEREDERI AS

4876 GRIMSTAD

Finances

Return on Equity

30,19 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 357 000	1 003 000	640 000	20 000
Net Income	80 000	150 000	18 000	10 000
Total Assets	524 000	432 000	216 000	36 000
Total Equity	265 000	185 000	35 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 357 000	1 003 000	640 000	20 000
Expenditure	1 252 000	937 000	618 000	9 000
Operating Profit	104 000	66 000	22 000	11 000
Financial Income	0	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	100 000	0	0
Earnings Before Tax	104 000	166 000	22 000	11 000
Tax	24 000	15 000	3 000	2 000
Net Income	80 000	150 000	18 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	124 000	15 000	15 000
Total Current Assets	356 000	308 000	201 000	21 000
Total Assets	524 000	432 000	216 000	36 000
Total Retained Equity	150 000	70 000	−80 000	−98 000
Total Equity	265 000	185 000	35 000	17 000
Total Long-Term Debt	2 000	2 000	0	0
Total Current Debt	258 000	245 000	181 000	20 000
Total Equity and Debt	524 000	432 000	216 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 357 000	1 003 000	640 000	20 000
Other Income	0	0	0	0
Revenue	1 357 000	1 003 000	640 000	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 060 000	858 000	571 000	0
Depreciation	40 000	19 000	0	0
Impairment	0	0	0	0
Expenditure	1 252 000	937 000	618 000	9 000
Operating Profit	104 000	66 000	22 000	11 000
Financial Income	0	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	100 000	0	0
Dividends	0	0	0	0
Net Income	80 000	150 000	18 000	10 000

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	84 000	109 000	0	0
Fixtures	69 000	0	0	0
Total Tangible Assets	153 000	109 000	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	168 000	124 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	83 000	192 000	21 000
Total Current Assets	356 000	308 000	201 000	21 000
Total Assets	524 000	432 000	216 000	36 000
Total Equity	265 000	185 000	35 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	0	0
Creditors	14 000	10 000	0	0
Unpaid Taxes	128 000	148 000	124 000	0
Dividends	0	0	0	0
Other Current Debt	91 000	73 000	54 000	18 000
Total Current Debt	258 000	245 000	181 000	20 000
Total Equity and Debt	524 000	432 000	216 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,19 %	81,08 %	51,43 %	58,82 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	7,66 %	6,58 %	3,44 %	55 %
Current Ratio	1,38	1,26	1,11	1,05
Quick Ratio	1,38	1,26	1,11	1,05
Equity Ratio	0,51	0,43	0,16	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %