LORENTZENS SKIBS MANAGEMENT AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−27,81 %

Current Ratio

3,28

Debt-to-Equity Ratio

−2,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 353 000	22 884 000	15 786 000	16 027 000
Net Income	5 937 000	1 671 000	−1 499 000	3 669 000
Total Assets	46 947 000	39 730 000	28 923 000	27 213 000
Total Equity	−21 348 000	−27 285 000	−11 602 000	−10 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 353 000	22 884 000	15 786 000	16 027 000
Expenditure	18 869 000	25 524 000	18 871 000	11 658 000
Operating Profit	5 484 000	−2 640 000	−3 084 000	4 368 000
Financial Income	2 209 000	154 000	1 388 000	448 000
Financial Costs	70 000	252 000	188 000	102 000
Financial Balance	2 139 000	−98 000	1 200 000	346 000
Earnings Before Tax	7 623 000	−2 737 000	−1 884 000	4 714 000
Tax	1 686 000	−4 409 000	−385 000	1 044 000
Net Income	5 937 000	1 671 000	−1 499 000	3 669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 596 000	13 765 000	9 054 000	8 521 000
Total Current Assets	33 351 000	25 965 000	19 869 000	18 692 000
Total Assets	46 947 000	39 730 000	28 923 000	27 213 000
Total Retained Equity	−42 035 000	−47 972 000	−32 288 000	−30 790 000
Total Equity	−21 348 000	−27 285 000	−11 602 000	−10 103 000
Total Long-Term Debt	58 139 000	59 734 000	37 814 000	31 238 000
Total Current Debt	10 156 000	7 281 000	2 711 000	6 077 000
Total Equity and Debt	46 947 000	39 730 000	28 923 000	27 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	24 353 000	22 884 000	15 786 000	16 027 000
Revenue	24 353 000	22 884 000	15 786 000	16 027 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 362 000	21 334 000	15 699 000	8 800 000
Depreciation	220 000	151 000	141 000	153 000
Impairment	0	0	0	0
Expenditure	18 869 000	25 524 000	18 871 000	11 658 000
Operating Profit	5 484 000	−2 640 000	−3 084 000	4 368 000
Financial Income	2 209 000	154 000	1 388 000	448 000
Financial Costs	70 000	252 000	188 000	102 000
Financial Balance	2 139 000	−98 000	1 200 000	346 000
Dividends	0	0	0	0
Net Income	5 937 000	1 671 000	−1 499 000	3 669 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 760 000	13 102 000	8 273 000	7 600 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	829 000	657 000	774 000	915 000
Total Tangible Assets	829 000	657 000	774 000	915 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	6 000
Total Fixed Assets	13 596 000	13 765 000	9 054 000	8 521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 697 000	19 275 000	13 092 000	11 994 000
Total Current Assets	33 351 000	25 965 000	19 869 000	18 692 000
Total Assets	46 947 000	39 730 000	28 923 000	27 213 000
Total Equity	−21 348 000	−27 285 000	−11 602 000	−10 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 139 000	59 734 000	37 814 000	31 238 000
Creditors	137 000	229 000	150 000	97 000
Unpaid Taxes	1 118 000	790 000	734 000	771 000
Dividends	0	0	0	0
Other Current Debt	8 901 000	6 262 000	1 827 000	5 210 000
Total Current Debt	10 156 000	7 281 000	2 711 000	6 077 000
Total Equity and Debt	46 947 000	39 730 000	28 923 000	27 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,81 %	−6,12 %	12,92 %	−36,32 %
Debt-to-Equity Ratio	−2,72	−2,19	−3,26	−3,09
Operating Profit Margin	22,52 %	−11,54 %	−19,54 %	27,25 %
Current Ratio	3,28	3,57	7,33	3,08
Quick Ratio	3,28	3,57	7,33	3,08
Equity Ratio	−0,45	−0,69	−0,4	−0,37
Gross Profit Margin	100 %	100 %	100 %	100 %