LUBE-ON AS

3113 TØNSBERG

Finances

Share Ownership

Return on Equity

−1 256,79 %

Current Ratio

14,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 923 000	8 469 000	7 551 000	7 015 000
Net Income	−1 018 000	−2 230 000	−1 063 000	−2 516 000
Total Assets	87 000	5 173 000	6 695 000	6 055 000
Total Equity	81 000	−215 000	2 015 000	−3 352 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 923 000	8 469 000	7 551 000	7 015 000
Expenditure	4 941 000	9 037 000	8 839 000	10 147 000
Operating Profit	−1 018 000	−568 000	−1 287 000	−3 121 000
Financial Income	0	0	5 000	1 000
Financial Costs	0	419 000	80 000	99 000
Financial Balance	0	−419 000	−75 000	−98 000
Earnings Before Tax	−1 018 000	−986 000	−1 363 000	−3 219 000
Tax	0	1 244 000	−300 000	−703 000
Net Income	−1 018 000	−2 230 000	−1 063 000	−2 516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	138 000	1 416 000	1 034 000
Total Current Assets	87 000	5 036 000	5 279 000	5 021 000
Total Assets	87 000	5 173 000	6 695 000	6 055 000
Total Retained Equity	−7 693 000	−6 675 000	−4 445 000	−3 382 000
Total Equity	81 000	−215 000	2 015 000	−3 352 000
Total Long-Term Debt	0	0	0	38 000
Total Current Debt	6 000	5 389 000	4 680 000	9 369 000
Total Equity and Debt	87 000	5 173 000	6 695 000	6 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 971 000	8 421 000	7 551 000	7 015 000
Other Income	−48 000	48 000	0	0
Revenue	3 923 000	8 469 000	7 551 000	7 015 000
Cost of Goods Sold	3 884 000	6 115 000	6 179 000	5 721 000
Salary Costs	214 000	532 000	504 000	1 089 000
Depreciation	11 000	34 000	25 000	32 000
Impairment	0	0	0	0
Expenditure	4 941 000	9 037 000	8 839 000	10 147 000
Operating Profit	−1 018 000	−568 000	−1 287 000	−3 121 000
Financial Income	0	0	5 000	1 000
Financial Costs	0	419 000	80 000	99 000
Financial Balance	0	−419 000	−75 000	−98 000
Dividends	0	0	0	0
Net Income	−1 018 000	−2 230 000	−1 063 000	−2 516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 244 000	944 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	7 000	8 000	0
Fixtures	0	131 000	164 000	90 000
Total Tangible Assets	0	138 000	172 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	138 000	1 416 000	1 034 000
Stock	0	3 069 000	3 899 000	3 774 000
Total Investments	0	0	0	0
Cash, Bank	86 000	557 000	545 000	540 000
Total Current Assets	87 000	5 036 000	5 279 000	5 021 000
Total Assets	87 000	5 173 000	6 695 000	6 055 000
Total Equity	81 000	−215 000	2 015 000	−3 352 000
Short-Term Group Debt	0	0	0	1 439 000
Total Long-Term Debt	0	0	0	38 000
Creditors	6 000	5 071 000	4 400 000	7 628 000
Unpaid Taxes	0	273 000	202 000	154 000
Dividends	0	0	0	0
Other Current Debt	0	45 000	79 000	148 000
Total Current Debt	6 000	5 389 000	4 680 000	9 369 000
Total Equity and Debt	87 000	5 173 000	6 695 000	6 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 256,79 %	1 037,21 %	−52,75 %	75,06 %
Debt-to-Equity Ratio	0	−0	0	−0,01
Operating Profit Margin	−25,95 %	−6,71 %	−17,04 %	−44,49 %
Current Ratio	14,5	0,93	1,13	0,54
Quick Ratio	14,5	2,17	6,76	0,9
Equity Ratio	0,93	−0,04	0,3	−0,55
Gross Profit Margin	0,99 %	27,8 %	18,17 %	18,45 %