LAVANGEN MASKIN AS

9357 TENNEVOLL

Finances

Share Ownership

Return on Equity

36,67 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 177 000	17 606 000	14 681 000	5 085 000
Net Income	1 520 000	836 000	801 000	795 000
Total Assets	7 890 000	6 399 000	3 645 000	2 098 000
Total Equity	4 145 000	2 625 000	1 789 000	988 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 177 000	17 606 000	14 681 000	5 085 000
Expenditure	19 214 000	16 472 000	13 668 000	4 044 000
Operating Profit	1 962 000	1 133 000	1 013 000	1 041 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	18 000	62 000	32 000	24 000
Financial Balance	−14 000	−61 000	−31 000	−23 000
Earnings Before Tax	1 949 000	1 072 000	983 000	1 019 000
Tax	429 000	236 000	182 000	223 000
Net Income	1 520 000	836 000	801 000	795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 020 000	770 000	901 000	462 000
Total Current Assets	6 870 000	5 629 000	2 744 000	1 636 000
Total Assets	7 890 000	6 399 000	3 645 000	2 098 000
Total Retained Equity	3 944 000	2 424 000	1 588 000	787 000
Total Equity	4 145 000	2 625 000	1 789 000	988 000
Total Long-Term Debt	0	8 000	0	0
Total Current Debt	3 745 000	3 766 000	1 856 000	1 110 000
Total Equity and Debt	7 890 000	6 399 000	3 645 000	2 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 177 000	17 453 000	14 681 000	5 084 000
Other Income	0	153 000	0	1 000
Revenue	21 177 000	17 606 000	14 681 000	5 085 000
Cost of Goods Sold	2 397 000	3 112 000	1 853 000	530 000
Salary Costs	5 637 000	5 200 000	5 117 000	870 000
Depreciation	30 000	18 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	19 214 000	16 472 000	13 668 000	4 044 000
Operating Profit	1 962 000	1 133 000	1 013 000	1 041 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	18 000	62 000	32 000	24 000
Financial Balance	−14 000	−61 000	−31 000	−23 000
Dividends	0	0	0	0
Net Income	1 520 000	836 000	801 000	795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	321 000	140 000	15 000	19 000
Total Tangible Assets	321 000	140 000	15 000	19 000
Total Fiancial Fixed Assets	697 000	629 000	879 000	443 000
Total Fixed Assets	1 020 000	770 000	901 000	462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 971 000	718 000	888 000	520 000
Total Current Assets	6 870 000	5 629 000	2 744 000	1 636 000
Total Assets	7 890 000	6 399 000	3 645 000	2 098 000
Total Equity	4 145 000	2 625 000	1 789 000	988 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	0	0
Creditors	2 277 000	2 516 000	935 000	580 000
Unpaid Taxes	526 000	565 000	282 000	231 000
Dividends	0	0	0	0
Other Current Debt	503 000	463 000	451 000	76 000
Total Current Debt	3 745 000	3 766 000	1 856 000	1 110 000
Total Equity and Debt	7 890 000	6 399 000	3 645 000	2 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,67 %	31,85 %	44,77 %	80,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,26 %	6,44 %	6,9 %	20,47 %
Current Ratio	1,83	1,49	1,48	1,47
Quick Ratio	1,83	1,49	1,48	1,47
Equity Ratio	0,53	0,41	0,49	0,47
Gross Profit Margin	88,68 %	82,32 %	87,38 %	89,58 %