LUBESNAKE AS

7713 STEINKJER

Finances

Share Ownership

Return on Equity

19,63 %

Current Ratio

9,92

Debt-to-Equity Ratio

−6,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 460 000	690 000	1 251 000	1 107 000
Net Income	−128 000	−49 000	−102 000	−926 000
Total Assets	4 311 000	4 067 000	3 164 000	3 065 000
Total Equity	−652 000	−524 000	−475 000	−373 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 460 000	690 000	1 251 000	1 107 000
Expenditure	1 345 000	560 000	1 205 000	1 942 000
Operating Profit	115 000	129 000	46 000	−836 000
Financial Income	6 000	3 000	4 000	0
Financial Costs	249 000	182 000	187 000	98 000
Financial Balance	−243 000	−179 000	−183 000	−98 000
Earnings Before Tax	−128 000	−49 000	−138 000	−933 000
Tax	0	0	−36 000	−7 000
Net Income	−128 000	−49 000	−102 000	−926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	215 000	317 000	617 000
Total Current Assets	4 197 000	3 852 000	2 847 000	2 448 000
Total Assets	4 311 000	4 067 000	3 164 000	3 065 000
Total Retained Equity	−752 000	−624 000	−575 000	−473 000
Total Equity	−652 000	−524 000	−475 000	−373 000
Total Long-Term Debt	4 540 000	810 000	1 013 000	1 215 000
Total Current Debt	423 000	3 781 000	2 626 000	2 223 000
Total Equity and Debt	4 311 000	4 067 000	3 164 000	3 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 326 000	652 000	1 162 000	1 007 000
Other Income	134 000	38 000	89 000	100 000
Revenue	1 460 000	690 000	1 251 000	1 107 000
Cost of Goods Sold	982 000	−22 000	455 000	431 000
Salary Costs	29 000	212 000	169 000	708 000
Depreciation	101 000	102 000	107 000	78 000
Impairment	0	0	0	0
Expenditure	1 345 000	560 000	1 205 000	1 942 000
Operating Profit	115 000	129 000	46 000	−836 000
Financial Income	6 000	3 000	4 000	0
Financial Costs	249 000	182 000	187 000	98 000
Financial Balance	−243 000	−179 000	−183 000	−98 000
Dividends	0	0	0	0
Net Income	−128 000	−49 000	−102 000	−926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	16 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	208 000	301 000	592 000
Total Tangible Assets	114 000	208 000	301 000	592 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 000	215 000	317 000	617 000
Stock	1 838 000	2 460 000	1 604 000	1 856 000
Total Investments	0	0	0	0
Cash, Bank	405 000	24 000	11 000	31 000
Total Current Assets	4 197 000	3 852 000	2 847 000	2 448 000
Total Assets	4 311 000	4 067 000	3 164 000	3 065 000
Total Equity	−652 000	−524 000	−475 000	−373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 540 000	810 000	1 013 000	1 215 000
Creditors	14 000	8 000	9 000	6 000
Unpaid Taxes	65 000	42 000	16 000	56 000
Dividends	0	0	0	0
Other Current Debt	344 000	102 000	190 000	442 000
Total Current Debt	423 000	3 781 000	2 626 000	2 223 000
Total Equity and Debt	4 311 000	4 067 000	3 164 000	3 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,63 %	9,35 %	21,47 %	248,26 %
Debt-to-Equity Ratio	−6,96	−1,55	−2,13	−3,26
Operating Profit Margin	7,88 %	18,7 %	3,68 %	−75,52 %
Current Ratio	9,92	1,02	1,08	1,1
Quick Ratio	−2,97	2,92	2,79	6,67
Equity Ratio	−0,15	−0,13	−0,15	−0,12
Gross Profit Margin	32,74 %	103,19 %	63,63 %	61,07 %