LÅGEN BILGLASS AS

0255 OSLO

Finances

Share Ownership

Return on Equity

158,75 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	713 000	632 000	234 000
Net Income	−254 000	145 000	−48 000	16 000
Total Assets	126 000	491 000	288 000	171 000
Total Equity	−160 000	94 000	−110 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	713 000	632 000	234 000
Expenditure	316 000	519 000	706 000	217 000
Operating Profit	−273 000	192 000	−74 000	17 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	3 000	0	1 000
Financial Balance	1 000	−3 000	0	−1 000
Earnings Before Tax	−272 000	189 000	−74 000	16 000
Tax	−18 000	44 000	−26 000	0
Net Income	−254 000	145 000	−48 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	58 000	60 000	43 000
Total Current Assets	85 000	433 000	228 000	128 000
Total Assets	126 000	491 000	288 000	171 000
Total Retained Equity	−190 000	64 000	−140 000	−34 000
Total Equity	−160 000	94 000	−110 000	−4 000
Total Long-Term Debt	0	18 000	0	0
Total Current Debt	286 000	379 000	397 000	175 000
Total Equity and Debt	126 000	491 000	288 000	171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	713 000	632 000	234 000
Other Income	0	0	0	0
Revenue	43 000	713 000	632 000	234 000
Cost of Goods Sold	0	12 000	69 000	0
Salary Costs	249 000	447 000	600 000	173 000
Depreciation	16 000	14 000	9 000	1 000
Impairment	0	0	0	0
Expenditure	316 000	519 000	706 000	217 000
Operating Profit	−273 000	192 000	−74 000	17 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	3 000	0	1 000
Financial Balance	1 000	−3 000	0	−1 000
Dividends	0	0	0	0
Net Income	−254 000	145 000	−48 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	26 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	58 000	34 000	43 000
Total Tangible Assets	41 000	58 000	34 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	58 000	60 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	215 000	184 000	81 000
Total Current Assets	85 000	433 000	228 000	128 000
Total Assets	126 000	491 000	288 000	171 000
Total Equity	−160 000	94 000	−110 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	0	0
Creditors	25 000	3 000	20 000	6 000
Unpaid Taxes	35 000	187 000	204 000	72 000
Dividends	0	0	0	0
Other Current Debt	226 000	186 000	171 000	97 000
Total Current Debt	286 000	379 000	397 000	175 000
Total Equity and Debt	126 000	491 000	288 000	171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,75 %	154,26 %	43,64 %	−400 %
Debt-to-Equity Ratio	−0	0,19	−0	−0
Operating Profit Margin	−634,88 %	26,93 %	−11,71 %	7,26 %
Current Ratio	0,3	1,14	0,57	0,73
Quick Ratio	0,3	1,14	0,57	0,73
Equity Ratio	−1,27	0,19	−0,38	−0,02
Gross Profit Margin	100 %	98,32 %	89,08 %	100 %