LAGESTRAND AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

0,97 %

Current Ratio

200

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	56 000	30 000	6 000
Net Income	12 000	−29 000	−16 000	−7 000
Total Assets	1 241 000	1 232 000	1 561 000	1 576 000
Total Equity	1 241 000	1 229 000	1 258 000	1 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	56 000	30 000	6 000
Expenditure	125 000	93 000	50 000	18 000
Operating Profit	15 000	−37 000	−20 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	15 000	−37 000	−20 000	−9 000
Tax	3 000	−8 000	−4 000	−2 000
Net Income	12 000	−29 000	−16 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 041 000	1 022 000	1 006 000	921 000
Total Current Assets	200 000	210 000	555 000	655 000
Total Assets	1 241 000	1 232 000	1 561 000	1 576 000
Total Retained Equity	1 211 000	1 199 000	1 228 000	1 543 000
Total Equity	1 241 000	1 229 000	1 258 000	1 573 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	3 000	303 000	2 000
Total Equity and Debt	1 241 000	1 232 000	1 561 000	1 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	6 000
Other Income	140 000	56 000	30 000	0
Revenue	140 000	56 000	30 000	6 000
Cost of Goods Sold	14 000	6 000	0	0
Salary Costs	5 000	0	0	0
Depreciation	19 000	20 000	9 000	1 000
Impairment	0	0	0	0
Expenditure	125 000	93 000	50 000	18 000
Operating Profit	15 000	−37 000	−20 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	12 000	−29 000	−16 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	16 000	7 000	3 000
Real Eastate	902 000	902 000	902 000	902 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	105 000	96 000	16 000
Total Tangible Assets	1 029 000	1 007 000	998 000	918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 041 000	1 022 000	1 006 000	921 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	206 000	552 000	651 000
Total Current Assets	200 000	210 000	555 000	655 000
Total Assets	1 241 000	1 232 000	1 561 000	1 576 000
Total Equity	1 241 000	1 229 000	1 258 000	1 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	3 000	303 000	0
Total Current Debt	1 000	3 000	303 000	2 000
Total Equity and Debt	1 241 000	1 232 000	1 561 000	1 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,97 %	−2,36 %	−1,27 %	−0,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,71 %	−66,07 %	−66,67 %	−200 %
Current Ratio	200	70	1,83	327,5
Quick Ratio	200	70	1,83	327,5
Equity Ratio	1	1	0,81	1
Gross Profit Margin	90 %	89,29 %	100 %	100 %