LAGERSERVICE AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

45,43 %

Current Ratio

Debt-to-Equity Ratio

−1,09

Key figures (NOK)	2020	2019	2018	2017
Revenue	−5 000	318 000	102 000	10 000
Net Income	−418 000	78 000	−144 000	−218 000
Total Assets	122 000	457 000	216 000	183 000
Total Equity	−920 000	−502 000	−580 000	−436 000

Income (NOK)	2020	2019	2018	2017
Revenue	−5 000	318 000	102 000	10 000
Expenditure	418 000	245 000	251 000	232 000
Operating Profit	−423 000	73 000	−149 000	−223 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	5 000	5 000	5 000
Earnings Before Tax	−418 000	78 000	−144 000	−218 000
Tax	0	0	0	0
Net Income	−418 000	78 000	−144 000	−218 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	43 000	75 000	89 000	120 000
Total Current Assets	78 000	382 000	127 000	63 000
Total Assets	122 000	457 000	216 000	183 000
Total Retained Equity	−1 070 000	−652 000	−730 000	−586 000
Total Equity	−920 000	−502 000	−580 000	−436 000
Total Long-Term Debt	1 002 000	902 000	796 000	618 000
Total Current Debt	39 000	57 000	0	0
Total Equity and Debt	122 000	457 000	216 000	183 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	−5 000	318 000	102 000	10 000
Other Income	0	0	0	0
Revenue	−5 000	318 000	102 000	10 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	32 000	32 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	418 000	245 000	251 000	232 000
Operating Profit	−423 000	73 000	−149 000	−223 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	5 000	5 000	5 000
Dividends	0	0	0	0
Net Income	−418 000	78 000	−144 000	−218 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 000	75 000	89 000	120 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	43 000	75 000	89 000	120 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	75 000	89 000	120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	144 000	5 000	32 000
Total Current Assets	78 000	382 000	127 000	63 000
Total Assets	122 000	457 000	216 000	183 000
Total Equity	−920 000	−502 000	−580 000	−436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 002 000	902 000	796 000	618 000
Creditors	39 000	57 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	57 000	0	0
Total Equity and Debt	122 000	457 000	216 000	183 000

Financial indicators	2020	2019	2018	2017
Return on Equity	45,43 %	−15,54 %	24,83 %	50 %
Debt-to-Equity Ratio	−1,09	−1,8	−1,37	−1,42
Operating Profit Margin	8 460 %	22,96 %	−146,08 %	−2 230 %
Current Ratio	2	6,7	-	-
Quick Ratio	2	6,7	-	-
Equity Ratio	−7,54	−1,1	−2,69	−2,38
Gross Profit Margin	100 %	100 %	100 %	100 %