LUSTRABAATANE AS

6879 SOLVORN

Finances

Return on Equity

7,68 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 414 000	13 385 000	13 576 000	22 688 000
Net Income	−1 411 000	−5 295 000	−1 550 000	−1 810 000
Total Assets	4 828 000	4 013 000	8 592 000	9 197 000
Total Equity	−18 362 000	−16 951 000	−11 656 000	−10 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 414 000	13 385 000	13 576 000	22 688 000
Expenditure	19 708 000	18 572 000	14 994 000	24 403 000
Operating Profit	−1 294 000	−5 187 000	−1 417 000	−1 715 000
Financial Income	1 000	0	1 000	69 000
Financial Costs	118 000	108 000	133 000	165 000
Financial Balance	−117 000	−108 000	−132 000	−96 000
Earnings Before Tax	−1 411 000	−5 295 000	−1 550 000	−1 810 000
Tax	0	0	0	0
Net Income	−1 411 000	−5 295 000	−1 550 000	−1 810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	300 000	361 000	5 363 000
Total Current Assets	4 583 000	3 713 000	8 230 000	3 835 000
Total Assets	4 828 000	4 013 000	8 592 000	9 197 000
Total Retained Equity	−18 462 000	−17 051 000	−11 756 000	−10 207 000
Total Equity	−18 362 000	−16 951 000	−11 656 000	−10 107 000
Total Long-Term Debt	16 240 000	17 082 000	16 267 000	13 284 000
Total Current Debt	6 950 000	3 882 000	3 981 000	6 021 000
Total Equity and Debt	4 828 000	4 013 000	8 592 000	9 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 123 000	4 980 000	2 501 000	18 451 000
Other Income	291 000	8 406 000	11 075 000	4 237 000
Revenue	18 414 000	13 385 000	13 576 000	22 688 000
Cost of Goods Sold	576 000	553 000	19 000	1 436 000
Salary Costs	7 749 000	3 842 000	3 066 000	9 672 000
Depreciation	63 000	106 000	1 074 000	1 224 000
Impairment	0	0	555 000	0
Expenditure	19 708 000	18 572 000	14 994 000	24 403 000
Operating Profit	−1 294 000	−5 187 000	−1 417 000	−1 715 000
Financial Income	1 000	0	1 000	69 000
Financial Costs	118 000	108 000	133 000	165 000
Financial Balance	−117 000	−108 000	−132 000	−96 000
Dividends	0	0	0	0
Net Income	−1 411 000	−5 295 000	−1 550 000	−1 810 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	4 900 000
Total Intangible Assets	0	0	0	4 900 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	126 000	166 000	195 000	233 000
Fixtures	34 000	52 000	95 000	158 000
Total Tangible Assets	166 000	229 000	290 000	391 000
Total Fiancial Fixed Assets	80 000	71 000	71 000	71 000
Total Fixed Assets	246 000	300 000	361 000	5 363 000
Stock	0	0	0	0
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	984 000	1 179 000	5 887 000	1 981 000
Total Current Assets	4 583 000	3 713 000	8 230 000	3 835 000
Total Assets	4 828 000	4 013 000	8 592 000	9 197 000
Total Equity	−18 362 000	−16 951 000	−11 656 000	−10 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 240 000	17 082 000	16 267 000	13 284 000
Creditors	3 088 000	453 000	995 000	1 473 000
Unpaid Taxes	672 000	323 000	146 000	342 000
Dividends	0	0	0	0
Other Current Debt	3 190 000	3 106 000	2 840 000	4 205 000
Total Current Debt	6 950 000	3 882 000	3 981 000	6 021 000
Total Equity and Debt	4 828 000	4 013 000	8 592 000	9 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,68 %	31,24 %	13,3 %	17,91 %
Debt-to-Equity Ratio	−0,88	−1,01	−1,4	−1,31
Operating Profit Margin	−7,03 %	−38,75 %	−10,44 %	−7,56 %
Current Ratio	0,66	0,96	2,07	0,64
Quick Ratio	0,66	0,96	2,07	0,64
Equity Ratio	−3,8	−4,22	−1,36	−1,1
Gross Profit Margin	96,87 %	95,87 %	99,86 %	93,67 %