LAESKOGEN AS

2850 LENA

Finances

Share Ownership

Return on Equity

−15,27 %

Current Ratio

0,02

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2020	2019	2018	2017
Revenue	626 000	580 000	1 020 000	1 201 000
Net Income	−150 000	−287 000	−60 000	145 000
Total Assets	3 170 000	3 318 000	3 554 000	3 457 000
Total Equity	982 000	1 132 000	1 419 000	1 480 000

Income (NOK)	2020	2019	2018	2017
Revenue	626 000	580 000	1 020 000	1 201 000
Expenditure	638 000	746 000	945 000	871 000
Operating Profit	−12 000	−165 000	75 000	329 000
Financial Income	0	0	0	0
Financial Costs	138 000	157 000	144 000	127 000
Financial Balance	−138 000	−157 000	−144 000	−127 000
Earnings Before Tax	−150 000	−322 000	−69 000	202 000
Tax	0	−35 000	−9 000	57 000
Net Income	−150 000	−287 000	−60 000	145 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	3 150 000	3 168 000	3 356 000	3 401 000
Total Current Assets	20 000	150 000	197 000	56 000
Total Assets	3 170 000	3 318 000	3 554 000	3 457 000
Total Retained Equity	779 000	929 000	1 217 000	1 277 000
Total Equity	982 000	1 132 000	1 419 000	1 480 000
Total Long-Term Debt	1 156 000	1 305 000	1 462 000	1 617 000
Total Current Debt	1 032 000	882 000	672 000	360 000
Total Equity and Debt	3 170 000	3 318 000	3 554 000	3 457 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	320 000	204 000	581 000	821 000
Other Income	306 000	377 000	439 000	380 000
Revenue	626 000	580 000	1 020 000	1 201 000
Cost of Goods Sold	17 000	18 000	103 000	218 000
Salary Costs	3 000	2 000	8 000	20 000
Depreciation	62 000	62 000	59 000	60 000
Impairment	0	0	0	0
Expenditure	638 000	746 000	945 000	871 000
Operating Profit	−12 000	−165 000	75 000	329 000
Financial Income	0	0	0	0
Financial Costs	138 000	157 000	144 000	127 000
Financial Balance	−138 000	−157 000	−144 000	−127 000
Dividends	0	0	0	0
Net Income	−150 000	−287 000	−60 000	145 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 125 000	3 151 000	3 177 000	3 203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	61 000	127 000	160 000
Total Tangible Assets	3 150 000	3 212 000	3 304 000	3 363 000
Total Fiancial Fixed Assets	0	−44 000	52 000	38 000
Total Fixed Assets	3 150 000	3 168 000	3 356 000	3 401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	8 000	8 000	56 000
Total Current Assets	20 000	150 000	197 000	56 000
Total Assets	3 170 000	3 318 000	3 554 000	3 457 000
Total Equity	982 000	1 132 000	1 419 000	1 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 156 000	1 305 000	1 462 000	1 617 000
Creditors	94 000	197 000	177 000	23 000
Unpaid Taxes	259 000	226 000	156 000	131 000
Dividends	0	0	0	0
Other Current Debt	554 000	255 000	170 000	77 000
Total Current Debt	1 032 000	882 000	672 000	360 000
Total Equity and Debt	3 170 000	3 318 000	3 554 000	3 457 000

Financial indicators	2020	2019	2018	2017
Return on Equity	−15,27 %	−25,35 %	−4,23 %	9,8 %
Debt-to-Equity Ratio	1,18	1,15	1,03	1,09
Operating Profit Margin	−1,92 %	−28,45 %	7,35 %	27,39 %
Current Ratio	0,02	0,17	0,29	0,16
Quick Ratio	0,02	0,17	0,29	0,16
Equity Ratio	0,31	0,34	0,4	0,43
Gross Profit Margin	97,28 %	96,9 %	89,9 %	81,85 %