LR NORWAY AS

5114 TERTNES

Finances

Share Ownership

Return on Equity

28,4 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	529 000	890 000	5 597 000	2 618 000
Net Income	−365 000	−786 000	−538 000	418 000
Total Assets	1 182 000	1 485 000	1 030 000	2 349 000
Total Equity	−1 285 000	−920 000	−134 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	529 000	890 000	5 597 000	2 618 000
Expenditure	874 000	1 602 000	6 256 000	2 069 000
Operating Profit	−345 000	−711 000	−658 000	549 000
Financial Income	0	1 000	110 000	0
Financial Costs	21 000	76 000	104 000	15 000
Financial Balance	−21 000	−75 000	6 000	−15 000
Earnings Before Tax	−365 000	−786 000	−653 000	534 000
Tax	0	0	−115 000	116 000
Net Income	−365 000	−786 000	−538 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	664 000	36 000	34 000
Total Current Assets	1 173 000	821 000	994 000	2 315 000
Total Assets	1 182 000	1 485 000	1 030 000	2 349 000
Total Retained Equity	−1 315 000	−950 000	−164 000	374 000
Total Equity	−1 285 000	−920 000	−134 000	404 000
Total Long-Term Debt	332 000	811 000	0	0
Total Current Debt	2 135 000	1 594 000	1 164 000	1 944 000
Total Equity and Debt	1 182 000	1 485 000	1 030 000	2 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	529 000	890 000	5 580 000	2 618 000
Other Income	0	1 000	17 000	0
Revenue	529 000	890 000	5 597 000	2 618 000
Cost of Goods Sold	39 000	427 000	1 504 000	259 000
Salary Costs	10 000	112 000	1 801 000	911 000
Depreciation	162 000	157 000	10 000	6 000
Impairment	0	0	0	0
Expenditure	874 000	1 602 000	6 256 000	2 069 000
Operating Profit	−345 000	−711 000	−658 000	549 000
Financial Income	0	1 000	110 000	0
Financial Costs	21 000	76 000	104 000	15 000
Financial Balance	−21 000	−75 000	6 000	−15 000
Dividends	0	0	0	0
Net Income	−365 000	−786 000	−538 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	641 000	0	0
Fixtures	10 000	23 000	36 000	24 000
Total Tangible Assets	10 000	664 000	36 000	24 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	10 000	664 000	36 000	34 000
Stock	392 000	392 000	362 000	182 000
Total Investments	0	0	0	0
Cash, Bank	0	0	90 000	577 000
Total Current Assets	1 173 000	821 000	994 000	2 315 000
Total Assets	1 182 000	1 485 000	1 030 000	2 349 000
Total Equity	−1 285 000	−920 000	−134 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	332 000	811 000	0	0
Creditors	2 009 000	1 498 000	652 000	1 289 000
Unpaid Taxes	21 000	34 000	21 000	137 000
Dividends	0	0	0	0
Other Current Debt	105 000	62 000	491 000	402 000
Total Current Debt	2 135 000	1 594 000	1 164 000	1 944 000
Total Equity and Debt	1 182 000	1 485 000	1 030 000	2 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,4 %	85,43 %	401,49 %	103,47 %
Debt-to-Equity Ratio	−0,26	−0,88	−0	0
Operating Profit Margin	−65,22 %	−79,89 %	−11,76 %	20,97 %
Current Ratio	0,55	0,52	0,85	1,19
Quick Ratio	0,67	0,68	1,24	1,31
Equity Ratio	−1,09	−0,62	−0,13	0,17
Gross Profit Margin	92,63 %	52,02 %	73,13 %	90,11 %