LORENTZEN EIE AS

9118 BRENSHOLMEN

Finances

Share Ownership

Return on Equity

4,97 %

Current Ratio

1,53

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 045 000	1 998 000	2 254 000	1 795 000
Net Income	326 000	731 000	789 000	161 000
Total Assets	22 117 000	20 661 000	20 497 000	20 899 000
Total Equity	6 561 000	6 629 000	6 675 000	6 686 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 045 000	1 998 000	2 254 000	1 795 000
Expenditure	1 230 000	778 000	883 000	1 178 000
Operating Profit	814 000	1 220 000	1 371 000	618 000
Financial Income	0	0	0	1 000
Financial Costs	389 000	277 000	360 000	411 000
Financial Balance	−389 000	−277 000	−360 000	−410 000
Earnings Before Tax	425 000	943 000	1 011 000	208 000
Tax	99 000	212 000	222 000	46 000
Net Income	326 000	731 000	789 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 807 000	20 621 000	20 482 000	20 348 000
Total Current Assets	1 310 000	40 000	15 000	551 000
Total Assets	22 117 000	20 661 000	20 497 000	20 899 000
Total Retained Equity	0	50 000	97 000	107 000
Total Equity	6 561 000	6 629 000	6 675 000	6 686 000
Total Long-Term Debt	14 697 000	12 840 000	12 500 000	13 443 000
Total Current Debt	859 000	1 192 000	1 321 000	770 000
Total Equity and Debt	22 117 000	20 661 000	20 497 000	20 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 969 000	1 936 000	1 938 000	1 654 000
Other Income	76 000	62 000	315 000	141 000
Revenue	2 045 000	1 998 000	2 254 000	1 795 000
Cost of Goods Sold	36 000	30 000	170 000	141 000
Salary Costs	513 000	81 000	0	345 000
Depreciation	405 000	405 000	404 000	264 000
Impairment	0	0	0	0
Expenditure	1 230 000	778 000	883 000	1 178 000
Operating Profit	814 000	1 220 000	1 371 000	618 000
Financial Income	0	0	0	1 000
Financial Costs	389 000	277 000	360 000	411 000
Financial Balance	−389 000	−277 000	−360 000	−410 000
Dividends	0	0	0	8 689 000
Net Income	326 000	731 000	789 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 148 000	20 419 000	20 279 000	20 145 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	40 000	40 000	40 000
Total Tangible Assets	20 188 000	20 459 000	20 319 000	20 185 000
Total Fiancial Fixed Assets	619 000	163 000	163 000	163 000
Total Fixed Assets	20 807 000	20 621 000	20 482 000	20 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 292 000	19 000	15 000	30 000
Total Current Assets	1 310 000	40 000	15 000	551 000
Total Assets	22 117 000	20 661 000	20 497 000	20 899 000
Total Equity	6 561 000	6 629 000	6 675 000	6 686 000
Short-Term Group Debt	504 000	997 000	1 024 000	69 000
Total Long-Term Debt	14 697 000	12 840 000	12 500 000	13 443 000
Creditors	1 000	4 000	123 000	386 000
Unpaid Taxes	117 000	92 000	81 000	30 000
Dividends	0	0	0	8 689 000
Other Current Debt	237 000	99 000	93 000	285 000
Total Current Debt	859 000	1 192 000	1 321 000	770 000
Total Equity and Debt	22 117 000	20 661 000	20 497 000	20 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	11,03 %	11,82 %	2,41 %
Debt-to-Equity Ratio	2,24	1,94	1,87	2,01
Operating Profit Margin	39,8 %	61,06 %	60,83 %	34,43 %
Current Ratio	1,53	0,03	0,01	0,72
Quick Ratio	1,53	0,03	0,01	0,72
Equity Ratio	0,3	0,32	0,33	0,32
Gross Profit Margin	98,24 %	98,5 %	92,46 %	92,14 %