LAURITZ SÆTHERN AS

2240 MAGNOR

Finances

Return on Equity

38,13 %

Current Ratio

3,18

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	706 000	241 000	12 000	0
Net Income	114 000	96 000	−26 000	−3 000
Total Assets	471 000	299 000	211 000	116 000
Total Equity	299 000	185 000	89 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	706 000	241 000	12 000	0
Expenditure	591 000	145 000	38 000	4 000
Operating Profit	114 000	95 000	−26 000	−4 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	0	1 000	0	1 000
Earnings Before Tax	114 000	96 000	−26 000	−3 000
Tax	0	0	0	0
Net Income	114 000	96 000	−26 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	140 000	112 000	13 000
Total Current Assets	362 000	159 000	99 000	103 000
Total Assets	471 000	299 000	211 000	116 000
Total Retained Equity	−201 000	−315 000	−411 000	−385 000
Total Equity	299 000	185 000	89 000	115 000
Total Long-Term Debt	58 000	78 000	98 000	0
Total Current Debt	114 000	36 000	24 000	1 000
Total Equity and Debt	471 000	299 000	211 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	686 000	221 000	10 000	0
Other Income	20 000	20 000	2 000	0
Revenue	706 000	241 000	12 000	0
Cost of Goods Sold	25 000	0	0	0
Salary Costs	317 000	16 000	0	0
Depreciation	20 000	19 000	2 000	0
Impairment	0	0	0	0
Expenditure	591 000	145 000	38 000	4 000
Operating Profit	114 000	95 000	−26 000	−4 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	0	1 000	0	1 000
Dividends	0	0	0	0
Net Income	114 000	96 000	−26 000	−3 000

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	60 000	80 000	99 000	0
Total Tangible Assets	60 000	80 000	99 000	0
Total Fiancial Fixed Assets	50 000	61 000	13 000	13 000
Total Fixed Assets	110 000	140 000	112 000	13 000
Stock	0	20 000	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	64 000	70 000	78 000
Total Current Assets	362 000	159 000	99 000	103 000
Total Assets	471 000	299 000	211 000	116 000
Total Equity	299 000	185 000	89 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	78 000	98 000	0
Creditors	10 000	9 000	0	1 000
Unpaid Taxes	77 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	22 000	24 000	0
Total Current Debt	114 000	36 000	24 000	1 000
Total Equity and Debt	471 000	299 000	211 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,13 %	51,89 %	−29,21 %	−2,61 %
Debt-to-Equity Ratio	0,19	0,42	1,1	0
Operating Profit Margin	16,15 %	39,42 %	−216,67 %	-
Current Ratio	3,18	4,42	4,13	103
Quick Ratio	3,18	9,94	4,13	103
Equity Ratio	0,63	0,62	0,42	0,99
Gross Profit Margin	96,46 %	100 %	100 %	-