HARALD LORENTZEN AS

1680 SKJÆRHALDEN

Finances

Share Ownership

Return on Equity

15,77 %

Current Ratio

3,75

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 102 000	7 216 000	6 866 000	6 144 000
Net Income	561 000	1 163 000	539 000	192 000
Total Assets	4 177 000	4 669 000	4 360 000	3 342 000
Total Equity	3 557 000	2 996 000	2 333 000	2 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 102 000	7 216 000	6 866 000	6 144 000
Expenditure	6 396 000	5 712 000	6 154 000	5 879 000
Operating Profit	706 000	1 506 000	712 000	264 000
Financial Income	27 000	5 000	5 000	12 000
Financial Costs	14 000	19 000	25 000	30 000
Financial Balance	13 000	−14 000	−20 000	−18 000
Earnings Before Tax	719 000	1 491 000	691 000	246 000
Tax	158 000	328 000	152 000	54 000
Net Income	561 000	1 163 000	539 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 106 000	2 230 000	2 519 000	2 208 000
Total Current Assets	2 071 000	2 439 000	1 841 000	1 133 000
Total Assets	4 177 000	4 669 000	4 360 000	3 342 000
Total Retained Equity	3 457 000	2 896 000	2 233 000	2 193 000
Total Equity	3 557 000	2 996 000	2 333 000	2 293 000
Total Long-Term Debt	68 000	499 000	570 000	625 000
Total Current Debt	552 000	1 175 000	1 457 000	423 000
Total Equity and Debt	4 177 000	4 669 000	4 360 000	3 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 380 000	3 471 000	3 919 000	6 144 000
Other Income	3 722 000	3 745 000	2 947 000	0
Revenue	7 102 000	7 216 000	6 866 000	6 144 000
Cost of Goods Sold	255 000	490 000	575 000	356 000
Salary Costs	1 603 000	958 000	1 052 000	1 336 000
Depreciation	331 000	366 000	367 000	296 000
Impairment	0	0	0	0
Expenditure	6 396 000	5 712 000	6 154 000	5 879 000
Operating Profit	706 000	1 506 000	712 000	264 000
Financial Income	27 000	5 000	5 000	12 000
Financial Costs	14 000	19 000	25 000	30 000
Financial Balance	13 000	−14 000	−20 000	−18 000
Dividends	0	500 000	500 000	0
Net Income	561 000	1 163 000	539 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	956 000	932 000	1 009 000	1 086 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 150 000	1 298 000	1 510 000	1 123 000
Total Tangible Assets	2 106 000	2 230 000	2 519 000	2 208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 106 000	2 230 000	2 519 000	2 208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 025 000	2 377 000	1 818 000	942 000
Total Current Assets	2 071 000	2 439 000	1 841 000	1 133 000
Total Assets	4 177 000	4 669 000	4 360 000	3 342 000
Total Equity	3 557 000	2 996 000	2 333 000	2 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	499 000	570 000	625 000
Creditors	37 000	78 000	260 000	25 000
Unpaid Taxes	121 000	117 000	17 000	72 000
Dividends	0	500 000	500 000	0
Other Current Debt	213 000	180 000	573 000	273 000
Total Current Debt	552 000	1 175 000	1 457 000	423 000
Total Equity and Debt	4 177 000	4 669 000	4 360 000	3 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,77 %	38,82 %	23,1 %	8,37 %
Debt-to-Equity Ratio	0,02	0,17	0,24	0,27
Operating Profit Margin	9,94 %	20,87 %	10,37 %	4,3 %
Current Ratio	3,75	2,08	1,26	2,68
Quick Ratio	3,75	2,08	1,26	2,68
Equity Ratio	0,85	0,64	0,54	0,69
Gross Profit Margin	96,41 %	93,21 %	91,63 %	94,21 %