LPG INVEST AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

−52,42 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,12

Key figures (USD)	2022	2021	2020
Revenue	−157 000	1 667 000	429 000
Net Income	−195 000	1 169 000	75 000
Total Assets	961 000	4 074 000	3 855 000
Total Equity	372 000	566 000	241 000

Income (USD)	2022	2021	2020
Revenue	−157 000	1 667 000	429 000
Expenditure	88 000	276 000	162 000
Operating Profit	−247 000	1 391 000	267 000
Financial Income	18 000	2 000	0
Financial Costs	12 000	48 000	222 000
Financial Balance	6 000	−46 000	−222 000
Earnings Before Tax	−241 000	1 346 000	44 000
Tax	−47 000	177 000	−30 000
Net Income	−195 000	1 169 000	75 000

Balance (USD)	2022	2021	2020
Total Fixed Assets	0	37 000	330 000
Total Current Assets	961 000	4 037 000	3 525 000
Total Assets	961 000	4 074 000	3 855 000
Total Retained Equity	205 000	400 000	75 000
Total Equity	372 000	566 000	241 000
Total Long-Term Debt	44 000	91 000	0
Total Current Debt	545 000	3 417 000	3 614 000
Total Equity and Debt	961 000	4 074 000	3 855 000

Cash flow (USD)	2022	2021	2020
Sales Income	386 000	8 759 000	2 709 000
Other Income	−543 000	−7 092 000	−2 280 000
Revenue	−157 000	1 667 000	429 000
Cost of Goods Sold	2 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	100 000
Impairment	0	0	0
Expenditure	88 000	276 000	162 000
Operating Profit	−247 000	1 391 000	267 000
Financial Income	18 000	2 000	0
Financial Costs	12 000	48 000	222 000
Financial Balance	6 000	−46 000	−222 000
Dividends	0	844 000	0
Net Income	−195 000	1 169 000	75 000

Balance details (USD)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	30 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	300 000
Total Fiancial Fixed Assets	0	37 000	0
Total Fixed Assets	0	37 000	330 000
Stock	0	341 000	252 000
Total Investments	0	0	0
Cash, Bank	961 000	1 666 000	1 464 000
Total Current Assets	961 000	4 037 000	3 525 000
Total Assets	961 000	4 074 000	3 855 000
Total Equity	372 000	566 000	241 000
Short-Term Group Debt	0	1 178 000	2 462 000
Total Long-Term Debt	44 000	91 000	0
Creditors	0	469 000	194 000
Unpaid Taxes	0	0	0
Dividends	0	844 000	0
Other Current Debt	545 000	871 000	958 000
Total Current Debt	545 000	3 417 000	3 614 000
Total Equity and Debt	961 000	4 074 000	3 855 000

Financial indicators	2022	2021	2020
Return on Equity	−52,42 %	206,54 %	31,12 %
Debt-to-Equity Ratio	0,12	0,16	0
Operating Profit Margin	157,32 %	83,44 %	62,24 %
Current Ratio	1,76	1,18	0,98
Quick Ratio	1,76	1,31	1,05
Equity Ratio	0,39	0,14	0,06
Gross Profit Margin	101,27 %	100 %	100 %