LORANG AS

0275 OSLO

Finances

Share Ownership

Return on Equity

132,36 %

Current Ratio

1,17

Debt-to-Equity Ratio

−2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 552 000	5 035 000	5 126 000	2 238 000
Net Income	−454 000	−503 000	−684 000	18 000
Total Assets	2 842 000	2 363 000	2 281 000	3 128 000
Total Equity	−343 000	111 000	614 000	1 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 552 000	5 035 000	5 126 000	2 238 000
Expenditure	6 924 000	5 499 000	5 749 000	2 193 000
Operating Profit	−372 000	−465 000	−623 000	45 000
Financial Income	17 000	29 000	35 000	4 000
Financial Costs	99 000	67 000	101 000	27 000
Financial Balance	−82 000	−38 000	−66 000	−23 000
Earnings Before Tax	−454 000	−503 000	−689 000	23 000
Tax	0	0	−4 000	4 000
Net Income	−454 000	−503 000	−684 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	137 000	328 000	592 000
Total Current Assets	2 773 000	2 227 000	1 952 000	2 536 000
Total Assets	2 842 000	2 363 000	2 281 000	3 128 000
Total Retained Equity	−1 623 000	−1 169 000	−666 000	18 000
Total Equity	−343 000	111 000	614 000	1 298 000
Total Long-Term Debt	810 000	752 000	911 000	1 068 000
Total Current Debt	2 375 000	1 500 000	756 000	761 000
Total Equity and Debt	2 842 000	2 363 000	2 281 000	3 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 546 000	5 075 000	5 047 000	2 238 000
Other Income	6 000	−40 000	79 000	0
Revenue	6 552 000	5 035 000	5 126 000	2 238 000
Cost of Goods Sold	2 356 000	1 976 000	2 111 000	787 000
Salary Costs	1 208 000	955 000	961 000	392 000
Depreciation	68 000	191 000	264 000	100 000
Impairment	0	0	0	0
Expenditure	6 924 000	5 499 000	5 749 000	2 193 000
Operating Profit	−372 000	−465 000	−623 000	45 000
Financial Income	17 000	29 000	35 000	4 000
Financial Costs	99 000	67 000	101 000	27 000
Financial Balance	−82 000	−38 000	−66 000	−23 000
Dividends	0	0	0	0
Net Income	−454 000	−503 000	−684 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	57 000	87 000	117 000	146 000
Total Intangible Assets	57 000	118 000	302 000	558 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	0	0	0
Fixtures	9 000	19 000	27 000	34 000
Total Tangible Assets	12 000	19 000	27 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	137 000	328 000	592 000
Stock	2 026 000	1 423 000	1 541 000	1 155 000
Total Investments	0	0	0	0
Cash, Bank	524 000	735 000	288 000	1 055 000
Total Current Assets	2 773 000	2 227 000	1 952 000	2 536 000
Total Assets	2 842 000	2 363 000	2 281 000	3 128 000
Total Equity	−343 000	111 000	614 000	1 298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	810 000	752 000	911 000	1 068 000
Creditors	1 815 000	1 079 000	360 000	558 000
Unpaid Taxes	394 000	298 000	216 000	163 000
Dividends	0	0	0	0
Other Current Debt	166 000	124 000	180 000	40 000
Total Current Debt	2 375 000	1 500 000	756 000	761 000
Total Equity and Debt	2 842 000	2 363 000	2 281 000	3 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,36 %	−453,15 %	−111,4 %	1,39 %
Debt-to-Equity Ratio	−2,36	6,77	1,48	0,82
Operating Profit Margin	−5,68 %	−9,24 %	−12,15 %	2,01 %
Current Ratio	1,17	1,48	2,58	3,33
Quick Ratio	7,95	28,92	−2,49	−6,44
Equity Ratio	−0,12	0,05	0,27	0,41
Gross Profit Margin	64,04 %	60,75 %	58,82 %	64,83 %