L&D POLAR CLEANING AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

N/A

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2020	2019
Revenue	38 000	124 000
Net Income	−16 000	−25 000
Total Assets	28 000	70 000
Total Equity	4 000	21 000

Income (NOK)	2020	2019
Revenue	38 000	124 000
Expenditure	56 000	148 000
Operating Profit	−16 000	−25 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	−16 000	−25 000
Tax	0	0
Net Income	−16 000	−25 000

Balance (NOK)	2020	2019
Total Fixed Assets	6 000	11 000
Total Current Assets	22 000	59 000
Total Assets	28 000	70 000
Total Retained Equity	−14 000	3 000
Total Equity	4 000	21 000
Total Long-Term Debt	0	0
Total Current Debt	24 000	49 000
Total Equity and Debt	28 000	70 000

Cash flow (NOK)	2020	2019
Sales Income	38 000	124 000
Other Income	0	0
Revenue	38 000	124 000
Cost of Goods Sold	10 000	10 000
Salary Costs	10 000	79 000
Depreciation	11 000	5 000
Impairment	0	0
Expenditure	56 000	148 000
Operating Profit	−16 000	−25 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	0	0
Net Income	−16 000	−25 000

Balance details (NOK)	2020	2019
Goodwill	0	0
Total Intangible Assets	0	0
Real Eastate	0	0
Machinery and Plant Facilities	0	0
Fixtures	0	11 000
Total Tangible Assets	0	11 000
Total Fiancial Fixed Assets	6 000	0
Total Fixed Assets	6 000	11 000
Stock	0	0
Total Investments	0	0
Cash, Bank	5 000	42 000
Total Current Assets	22 000	59 000
Total Assets	28 000	70 000
Total Equity	4 000	21 000
Short-Term Group Debt	0	0
Total Long-Term Debt	0	0
Creditors	0	0
Unpaid Taxes	3 000	8 000
Dividends	0	0
Other Current Debt	20 000	41 000
Total Current Debt	24 000	49 000
Total Equity and Debt	28 000	70 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	-	−400 %	−119,05 %
Debt-to-Equity Ratio	-	-	0	0
Operating Profit Margin	-	-	−42,11 %	−20,16 %
Current Ratio	-	-	0,92	1,2
Quick Ratio	-	-	0,92	1,2
Equity Ratio	-	-	0,14	0,3
Gross Profit Margin	-	-	73,68 %	91,94 %