LARS M FUGLEDAL AS

6015 ÅLESUND

Finances

Return on Equity

−17,78 %

Current Ratio

1,01

Debt-to-Equity Ratio

−0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 000	92 000	95 000	92 000
Net Income	−8 000	−3 000	−11 000	0
Total Assets	2 794 000	2 808 000	2 810 000	2 808 000
Total Equity	45 000	45 000	45 000	3 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 000	92 000	95 000	92 000
Expenditure	88 000	96 000	107 000	93 000
Operating Profit	−9 000	−4 000	−12 000	−1 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	−8 000	−3 000	−11 000	0
Tax	0	0	0	0
Net Income	−8 000	−3 000	−11 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 794 000	2 808 000	2 810 000	2 808 000
Total Assets	2 794 000	2 808 000	2 810 000	2 808 000
Total Retained Equity	0	0	0	0
Total Equity	45 000	45 000	45 000	3 285 000
Total Long-Term Debt	−26 000	−18 000	−15 000	−559 000
Total Current Debt	2 775 000	2 781 000	2 780 000	81 000
Total Equity and Debt	2 794 000	2 808 000	2 810 000	2 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	92 000	95 000	92 000
Other Income	0	0	0	0
Revenue	79 000	92 000	95 000	92 000
Cost of Goods Sold	0	0	0	0
Salary Costs	36 000	29 000	26 000	16 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	96 000	107 000	93 000
Operating Profit	−9 000	−4 000	−12 000	−1 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−8 000	−3 000	−11 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 394 000	2 394 000	2 394 000	2 394 000
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	0	0	0	0
Total Current Assets	2 794 000	2 808 000	2 810 000	2 808 000
Total Assets	2 794 000	2 808 000	2 810 000	2 808 000
Total Equity	45 000	45 000	45 000	3 285 000
Short-Term Group Debt	2 755 000	2 763 000	2 768 000	0
Total Long-Term Debt	−26 000	−18 000	−15 000	−559 000
Creditors	0	0	0	0
Unpaid Taxes	20 000	18 000	11 000	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	69 000
Total Current Debt	2 775 000	2 781 000	2 780 000	81 000
Total Equity and Debt	2 794 000	2 808 000	2 810 000	2 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,78 %	−6,67 %	−24,44 %	0 %
Debt-to-Equity Ratio	−0,58	−0,4	−0,33	−0,17
Operating Profit Margin	−11,39 %	−4,35 %	−12,63 %	−1,09 %
Current Ratio	1,01	1,01	1,01	34,67
Quick Ratio	7,33	7,26	7,28	−1,21
Equity Ratio	0,02	0,02	0,02	1,17
Gross Profit Margin	100 %	100 %	100 %	100 %