LAGER1 AS

3941 PORSGRUNN

Finances

Return on Equity

−14,13 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	28 000	178 000	0	0
Net Income	−40 000	1 880 000	−1 211 000	−345 000
Total Assets	5 621 000	5 741 000	4 044 000	11 805 000
Total Equity	283 000	324 000	−1 556 000	−346 000

Income (NOK)	2021	2020	2019	2018
Revenue	28 000	178 000	0	0
Expenditure	65 000	436 000	300 000	252 000
Operating Profit	−37 000	−257 000	−300 000	−252 000
Financial Income	0	3 226 000	300 000	0
Financial Costs	3 000	1 089 000	1 210 000	92 000
Financial Balance	−3 000	2 137 000	−910 000	−92 000
Earnings Before Tax	−40 000	1 880 000	−1 211 000	−345 000
Tax	0	0	0	0
Net Income	−40 000	1 880 000	−1 211 000	−345 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	3 299 000	5 229 000
Total Current Assets	5 621 000	5 741 000	745 000	6 576 000
Total Assets	5 621 000	5 741 000	4 044 000	11 805 000
Total Retained Equity	253 000	294 000	−1 586 000	−376 000
Total Equity	283 000	324 000	−1 556 000	−346 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 337 000	5 418 000	5 600 000	12 151 000
Total Equity and Debt	5 621 000	5 741 000	4 044 000	11 805 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	28 000	178 000	0	0
Revenue	28 000	178 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	65 000	436 000	300 000	252 000
Operating Profit	−37 000	−257 000	−300 000	−252 000
Financial Income	0	3 226 000	300 000	0
Financial Costs	3 000	1 089 000	1 210 000	92 000
Financial Balance	−3 000	2 137 000	−910 000	−92 000
Dividends	0	0	0	0
Net Income	−40 000	1 880 000	−1 211 000	−345 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 209 000	5 109 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 209 000	5 109 000
Total Fiancial Fixed Assets	0	0	90 000	120 000
Total Fixed Assets	0	0	3 299 000	5 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	74 000	8 000	2 000
Total Current Assets	5 621 000	5 741 000	745 000	6 576 000
Total Assets	5 621 000	5 741 000	4 044 000	11 805 000
Total Equity	283 000	324 000	−1 556 000	−346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	89 000	156 000	248 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 326 000	5 326 000	5 444 000	6 311 000
Total Current Debt	5 337 000	5 418 000	5 600 000	12 151 000
Total Equity and Debt	5 621 000	5 741 000	4 044 000	11 805 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−14,13 %	580,25 %	77,83 %	99,71 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−132,14 %	−144,38 %	-	-
Current Ratio	1,05	1,06	0,13	0,54
Quick Ratio	1,05	1,06	0,13	0,54
Equity Ratio	0,05	0,06	−0,38	−0,03
Gross Profit Margin	100 %	100 %	-	-