LAUNES INVEST AS

4516 MANDAL

Finances

Return on Equity

29,5 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	40 000	40 000
Net Income	5 458 000	173 000	−4 781 000	−10 436 000
Total Assets	21 390 000	17 171 000	16 566 000	24 259 000
Total Equity	18 501 000	13 843 000	13 671 000	20 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	40 000	40 000
Expenditure	−4 204 000	1 806 000	5 197 000	8 294 000
Operating Profit	4 243 000	−1 767 000	−5 157 000	−8 253 000
Financial Income	2 521 000	1 939 000	376 000	349 000
Financial Costs	1 306 000	0	0	2 532 000
Financial Balance	1 215 000	1 939 000	376 000	−2 183 000
Earnings Before Tax	5 458 000	173 000	−4 781 000	−10 436 000
Tax	0	0	0	0
Net Income	5 458 000	173 000	−4 781 000	−10 436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 868 000	14 949 000	13 588 000	22 451 000
Total Current Assets	4 522 000	2 222 000	2 978 000	1 808 000
Total Assets	21 390 000	17 171 000	16 566 000	24 259 000
Total Retained Equity	−7 772 000	−12 430 000	−12 603 000	−7 822 000
Total Equity	18 501 000	13 843 000	13 671 000	20 661 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 889 000	3 327 000	2 895 000	3 599 000
Total Equity and Debt	21 390 000	17 171 000	16 566 000	24 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	40 000	40 000	40 000
Other Income	0	0	0	0
Revenue	40 000	40 000	40 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	287 000	287 000	809 000	924 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−4 204 000	1 806 000	5 197 000	8 294 000
Operating Profit	4 243 000	−1 767 000	−5 157 000	−8 253 000
Financial Income	2 521 000	1 939 000	376 000	349 000
Financial Costs	1 306 000	0	0	2 532 000
Financial Balance	1 215 000	1 939 000	376 000	−2 183 000
Dividends	800 000	0	0	0
Net Income	5 458 000	173 000	−4 781 000	−10 436 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	16 868 000	14 949 000	13 588 000	22 451 000
Total Fixed Assets	16 868 000	14 949 000	13 588 000	22 451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 005 000	252 000	2 182 000	1 514 000
Total Current Assets	4 522 000	2 222 000	2 978 000	1 808 000
Total Assets	21 390 000	17 171 000	16 566 000	24 259 000
Total Equity	18 501 000	13 843 000	13 671 000	20 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	12 000	32 000	26 000
Unpaid Taxes	22 000	17 000	19 000	19 000
Dividends	800 000	0	0	0
Other Current Debt	2 859 000	3 299 000	2 844 000	3 553 000
Total Current Debt	2 889 000	3 327 000	2 895 000	3 599 000
Total Equity and Debt	21 390 000	17 171 000	16 566 000	24 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,5 %	1,25 %	−34,97 %	−50,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10 607,5 %	−4 417,5 %	−12 892,5 %	−20 632,5 %
Current Ratio	1,57	0,67	1,03	0,5
Quick Ratio	1,57	0,67	1,03	0,5
Equity Ratio	0,86	0,81	0,83	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %