LORD MJELDE AS

3580 GEILO

Finances

Share Ownership

Return on Equity

−203,23 %

Current Ratio

1,16

Debt-to-Equity Ratio

9,48

Key figures (NOK)	2022	2021	2020
Revenue	1 846 000	1 550 000	809 000
Net Income	−126 000	90 000	73 000
Total Assets	962 000	1 281 000	503 000
Total Equity	62 000	187 000	97 000

Income (NOK)	2022	2021	2020
Revenue	1 846 000	1 550 000	809 000
Expenditure	1 956 000	1 411 000	717 000
Operating Profit	−109 000	139 000	92 000
Financial Income	2 000	0	0
Financial Costs	31 000	22 000	0
Financial Balance	−29 000	−22 000	0
Earnings Before Tax	−139 000	117 000	92 000
Tax	−13 000	27 000	19 000
Net Income	−126 000	90 000	73 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	601 000	781 000	0
Total Current Assets	361 000	500 000	503 000
Total Assets	962 000	1 281 000	503 000
Total Retained Equity	37 000	163 000	73 000
Total Equity	62 000	187 000	97 000
Total Long-Term Debt	588 000	844 000	200 000
Total Current Debt	312 000	250 000	205 000
Total Equity and Debt	962 000	1 281 000	503 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 846 000	1 550 000	809 000
Other Income	0	0	0
Revenue	1 846 000	1 550 000	809 000
Cost of Goods Sold	0	0	10 000
Salary Costs	1 427 000	1 059 000	570 000
Depreciation	180 000	120 000	0
Impairment	0	0	0
Expenditure	1 956 000	1 411 000	717 000
Operating Profit	−109 000	139 000	92 000
Financial Income	2 000	0	0
Financial Costs	31 000	22 000	0
Financial Balance	−29 000	−22 000	0
Dividends	0	0	0
Net Income	−126 000	90 000	73 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	600 000	780 000	0
Total Tangible Assets	600 000	780 000	0
Total Fiancial Fixed Assets	1 000	1 000	0
Total Fixed Assets	601 000	781 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	210 000	252 000	313 000
Total Current Assets	361 000	500 000	503 000
Total Assets	962 000	1 281 000	503 000
Total Equity	62 000	187 000	97 000
Short-Term Group Debt	0	0	54 000
Total Long-Term Debt	588 000	844 000	200 000
Creditors	7 000	13 000	6 000
Unpaid Taxes	159 000	114 000	121 000
Dividends	0	0	0
Other Current Debt	147 000	109 000	6 000
Total Current Debt	312 000	250 000	205 000
Total Equity and Debt	962 000	1 281 000	503 000

Financial indicators	2022	2021	2020
Return on Equity	−203,23 %	48,13 %	75,26 %
Debt-to-Equity Ratio	9,48	4,51	2,06
Operating Profit Margin	−5,9 %	8,97 %	11,37 %
Current Ratio	1,16	2	2,45
Quick Ratio	1,16	2	2,45
Equity Ratio	0,06	0,15	0,19
Gross Profit Margin	100 %	100 %	98,76 %